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Attachments: Mister ED's 4 hour Heikin Ashi system
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Mister ED's 4 hour Heikin Ashi system

  • #1,341
  • Apr 4, 2012 11:02am Apr 4, 2012 11:02am
Quoting seller9
Hi

Is anyone using the EA developed for this trading method or is anyone still doing it by hand?

I have been looking for a longer term system that I don't have to watch all the time as I do have a day job I must be at and this system looked like it may work for me.

There was alot of interest but it seems to have died out. I was going to do some testing by adding some of the other ideas suggested, such as ADX, CCI, and maybe even Trix and a couple MAs to see if any of those would increase the hit rate a little.

Has everyone blown out there...
Hi Seller,

I was searching through the forum for an Haiken Aishi information and found this thread, currently testing the EA of Mister Edd, so far not bad,

I will let you know what are the outcomes and we can try to improove if need, the ea principle of works looks really simple and may need just a few filters,

I will post the results soon

Jacob
“The harder you work, the harder it is to surrender.” - Vincent Lombardi
  • #1,342
  • May 4, 2012 6:35pm May 4, 2012 6:35pm
I am a very novice trader who is a resident of New Zealand. This means the time frames for London and NY make trading the active markets very difficult. To assist with this issue Ihave been looking for an EA, or better still, a Robot that can trade my account while I am asleep or at work. I have read the Mister Edd thread with interest, and admit that the obvious knowledge of the forex market by a number of posters is very impressive. Could somebody please advise where the Mister Edd EA is available. Is it included in the files at the front end of the thread?
  • #1,343
  • May 6, 2012 4:35am May 6, 2012 4:35am
I was trying to work with it for a while but with no great success, it needs additional work of some coder, maybe I will talk to someone interested in adding additional features to it - in the meantime I'm attaching the files you need to run the EA.
Attached File(s)
File Type: mq4 Heiken_Ashi_Smoothed.mq4   4 KB | 760 downloads
File Type: doc Mister ED's 4 hour system.doc   117 KB | 2,468 downloads
File Type: mq4 RAVI FX Fisher with Alert.mq4   3 KB | 761 downloads
File Type: pdf HAS MrEd Longbar v1.1.0 H1 3% 2=1xATR=10+ +TSL 18pr opposite 0924_092509 Pips by pair.PDF   23 KB | 1,093 downloads
File Type: mq4 MisterED_v1.6.2.mq4   59 KB | 836 downloads
“The harder you work, the harder it is to surrender.” - Vincent Lombardi
  • #1,344
  • May 6, 2012 11:46pm May 6, 2012 11:46pm
Jacob, tahnks very much for sending those files through. I will have a look and see if I can make it work. In theory it looks very good, but we all know the real deal is very much more difficult.
  • #1,345
  • Feb 6, 2014 3:53pm Feb 6, 2014 3:53pm
Quoting Jacob-
I was trying to work with it for a while but with no great success, it needs additional work of some coder, maybe I will talk to someone interested in adding additional features to it - in the meantime I'm attaching the files you need to run the EA. {file} {file} {file} {image} {file}
Attached File(s)
File Type: ex4 QQE new simple.ex4   4 KB | 695 downloads
Attached File(s)
File Type: mq4 QQE new simple.mq4   2 KB | 714 downloads
Jacob
Try QQE nnew simple indicator with the 10, 34 settings.
thank you
Barry
  • #1,346
  • Aug 23, 2018 7:19am Aug 23, 2018 7:19am
and this is how good thread die.
Whether you think you can, or you think you can't,you're right. H.F.
  • #1,347
  • Feb 15, 2019 4:28pm Feb 15, 2019 4:28pm
Quoting Simply-Me
and this is how good thread die.
Not dead yet. I still use Heiken Ashi trading on daily charts and it works well.
  • #1,348
  • Feb 15, 2019 4:55pm Feb 15, 2019 4:55pm
Quoting Hutch
{quote} Not dead yet. I still use Heiken Ashi trading on daily charts and it works well.
I didn't say method is dead,only thread,but you can prove me wrong and tell something about how you trade.
Whether you think you can, or you think you can't,you're right. H.F.
  • #1,349
  • Feb 16, 2019 1:57pm Feb 16, 2019 1:57pm
Quoting Simply-Me
{quote} I didn't say method is dead,only thread,but you can prove me wrong and tell something about how you trade.
Here is how I trade:

1. On the chart I don't show any bar or candle. I only show the Heiken Ashi Smoothed_v2.

2. When Heiken Ashi changes direction you enter into a trade (long/short) at the close of the Heiken Ashi candle. This happens when the Heiken Ashi candle splits into two pieces. The upper part of the candle gives the direction of the signal. You can easily see the splits in picture1. Picture 2 shows a short trade signal on 5 December, a long signal on 7 January, a short signal on 7 February and a long signal on 13 February.

3. You enter the trade on the next Heiken Ashi candle but to do this you must look at the bar since the Heiken Ashi candle is sometimes quite far from the bar as shown in picture 3. The stop loss is 1.5 times the 10-day ATR (93 pips for the 15 February trade) with trailing stop of 50 pips.

4. The 5 December trade and the 7 January trade were winners while the 7 February trade ended up in a small loss since the market changed direction too quickly. Please note that for all currency pairs with an ATR above 100 the stop loss has to be adjusted to 150 pips with a trailing stop of 100 pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Picture 1.png Size: 22 KB
Click to Enlarge Name: Picture 2.png Size: 27 KB
Click to Enlarge Name: Picture 3.png Size: 33 KB
  • #1,350
  • Feb 16, 2019 11:14pm Feb 16, 2019 11:14pm
Quoting Hutch
{quote} Here is how I trade: 1. On the chart I don't show any bar or candle. I only show the Heiken Ashi Smoothed_v2. 2. When Heiken Ashi changes direction you enter into a trade (long/short) at the close of the Heiken Ashi candle. This happens when the Heiken Ashi candle splits into two pieces. The upper part of the candle gives the direction of the signal. You can easily see the splits in picture1. Picture 2 shows a short trade signal on 5 December, a long signal on 7 January, a short signal on 7 February and a long signal on 13 February....
Where did you find v2?

What is the difference?

I only see one in Codebase, I guess that is v1

Attached Image (click to enlarge)
Click to Enlarge Name: 2019-02-17_15-12-17.png Size: 19 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,351
  • Feb 17, 2019 8:32am Feb 17, 2019 8:32am
Quoting Erebus
{quote} Where did you find v2? What is the difference? I only see one in Codebase, I guess that is v1 {image}
Erebus, check here

https://www.forexfactory.com/showthr...588548&page=33
From tiny pips mighty oaks grow
  • #1,352
  • Feb 17, 2019 1:26pm Feb 17, 2019 1:26pm
Quoting Simply-Me
{quote} I didn't say method is dead,only thread,but you can prove me wrong and tell something about how you trade.
By the way if you want to quickly cycle through many pairs/time frames to find a good entry use this indicator.
Attached File(s)
File Type: ex4 Symbol changer 1.1 separate.ex4   15 KB | 569 downloads
  • #1,353
  • Feb 17, 2019 5:46pm Feb 17, 2019 5:46pm
Quoting Boo15
{quote} Erebus, check here https://www.forexfactory.com/showthr...588548&page=33
Thanks for that, still had to do some work to find it as you only gave a Page link

Here is a tip for all, to share a specific Post, click on the Post #

This gives the direct url link to copy and share, as this, try it and see

https://www.forexfactory.com/showthr...31#post8919931

Good luck all

Attached Image (click to enlarge)
Click to Enlarge Name: 2019-02-18_9-33-40.png Size: 45 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,354
  • Mar 2, 2019 11:43pm Mar 2, 2019 11:43pm
Quoting seafront
Many thanks for sharing your hard work!
I am interested on this system
analysis ATR % calculated how?
post a template
  • #1,355
  • Last Post: Mar 2, 2019 11:56pm Mar 2, 2019 11:56pm
Quoting Mister ED
{quote} Mister ED
Standard
1) wait for the HA signal to change colour completely from blue to red (or vice versa). The whole candle must change so that the body and the wick are the same colour.
2) Measure the ATR and the candle length (body and wick) on the signal candle.
3) If the signal candle is between 50% and 200% of the ATR value for that candle then it is a valid trade. If the signal candle is less than 50% then no trade. If the signal candle is more than 200% then use a retrace entry (see below).

Retrace
1) if the signal candle (body and wick) is larger than 200% of the ATR then draw a fib retracement on the signal candle
2) wait for a the price to retrace at least 32% and place an entry order at the high (if going long) or low (if short) of the signal candle
3) The TP1 and SL are calculated from this entry point as normal



please analysis how?
If the signal candle is between 50% and 200% of the ATR value for that candle then it is a valid trade. If the signal candle is less than 50% then no trade. If the signal candle is more than 200% then use a retrace entry (see below).
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