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HAS Indicator - Misc indicators & EA's

  • #621
  • Aug 1, 2007 10:49am Aug 1, 2007 10:49am
Quoting aurorau
I trade manually, that's why I feel so stressful with this indicator. Could you please post the EA here for me to try out . Thanks...
Latest versions are not free anymore - $50 which I consider is unbelievably cheap for a system like this.

I ran demo for last 24 hours on 1 currency pair, without understanding most of the settings, and achieved 96 pips in that time! I can live with that if it continues. Max loss was -17 pips, max profit 39. I bought the system yesterday, and Don Steinitz sent me a whole lot of statements from people with unbelievable profits - avg 750-1500 pips per month. It seems to work for some.
  • #622
  • Aug 1, 2007 3:44pm Aug 1, 2007 3:44pm
Here are the trades since Sunday afternoon, 7/29/07. I overwrote a couple meaninless columns for the max / current drawdown and pips profit. Profit would be higher except I started it on the default 0.1 lots; after the first 4 trades were entered I upped it to 0.5 lots.

I agreed that DD were huge because of the R/R.
Attached Image (click to enlarge)
Click to Enlarge Name: Steinitz DD 08 01.jpg Size: 90 KB
  • #623
  • Aug 1, 2007 10:10pm Aug 1, 2007 10:10pm
Quoting gifog
Latest versions are not free anymore - $50 which I consider is unbelievably cheap for a system like this.

I ran demo for last 24 hours on 1 currency pair, without understanding most of the settings, and achieved 96 pips in that time! I can live with that if it continues. Max loss was -17 pips, max profit 39. I bought the system yesterday, and Don Steinitz sent me a whole lot of statements from people with unbelievable profits - avg 750-1500 pips per month. It seems to work for some.
hi blueruby, yeah, 50 bucks for such a good EA is unbelivably cheap, however at least give me a try with it even though it's a time limited+lot limited+profit taking limit. Just give me a link or contact person or something that I can get the demo version of this EA? Thanks...
  • #624
  • Aug 2, 2007 12:25pm Aug 2, 2007 12:25pm
Quoting aurorau
hi blueruby, yeah, 50 bucks for such a good EA is unbelivably cheap, however at least give me a try with it even though it's a time limited+lot limited+profit taking limit. Just give me a link or contact person or something that I can get the demo version of this EA? Thanks...
On this forum there is a version 2.1 which is free (I cannot recall the post number). V2.31 is the latest commercial version, and I do not think it is available even in demo free. The person you are looking for is Don Steinitz, and he has 'moved across' to another website's forum.
  • #625
  • Aug 2, 2007 5:20pm Aug 2, 2007 5:20pm
Quoting gifog
On this forum there is a version 2.1 which is free (I cannot recall the post number). V2.31 is the latest commercial version, and I do not think it is available even in demo free. The person you are looking for is Don Steinitz, and he has 'moved across' to another website's forum.
Ok, I will try to search it in this thread. Thanks gifog . I really don't like to trade with this indicator manually. If you missed a moment on screen, you will be burned. I lost 80 pips yesterday.
  • #626
  • Aug 3, 2007 12:09pm Aug 3, 2007 12:09pm
Quoting aurorau
Ok, I will try to search it in this thread. Thanks gifog . I really don't like to trade with this indicator manually. If you missed a moment on screen, you will be burned. I lost 80 pips yesterday.
To the best of my understanding, the older version (the free one) tries to identify the beginning and end of a trend as soon as possible - but doesn't always achieve this. The newer one works on counter-trends, which I think is another way of calling retracements, ie it is better at entry/exit.

There is an enormous amount of discussion around the recommendation of non-stop-loss, or drawdown. I have asked Don this question myself, and in one phrase, his thinking can be summarised as follows: the strategy is about trade with the trend, and any price-deviation from this (ie drawdown) is only temporary. So I asked him what about a 9/11 occurence, which could wipe out your complete account within minutes, and his answer was: 'you could also be hit by a bus tomorrow, but what is the likelihood of that'? Makes one think, doesn't it. It is a very different way of looking at things, as 'all' of us have been told time and time again to 'never trade without a stoploss'. Fear of course also comes into it.
  • #627
  • Aug 3, 2007 1:18pm Aug 3, 2007 1:18pm
Quoting gifog
There is an enormous amount of discussion around the recommendation of non-stop-loss, or drawdown. I have asked Don this question myself, and in one phrase, his thinking can be summarised as follows: the strategy is about trade with the trend, and any price-deviation from this (ie drawdown) is only temporary. So I asked him what about a 9/11 occurence, which could wipe out your complete account within minutes, and his answer was: 'you could also be hit by a bus tomorrow, but what is the likelihood of that'? Makes one think, doesn't it. It is a very different way of looking at things, as 'all' of us have been told time and time again to 'never trade without a stoploss'. Fear of course also comes into it.
Just an observation from a "lurker": Not having a S/L is in the opinion of many the equivalent of 'jumping' in front of the bus. To avoid catastophic loss from an event like 9/11; why not look at the chart in post #622 and take note of the max drawdown in this method? Double that value and use it a 'worst-case-scenario' S/L. If this system ever generated that large a drawdown, you are probably in deep trouble anyway. Otherwise you have some protection for your account without unduly restricting the performance of this method with a S/L that is too tight. Just a thought.
  • #628
  • Aug 3, 2007 3:54pm Aug 3, 2007 3:54pm
Quoting BeachBum
Just an observation from a "lurker": Not having a S/L is in the opinion of many the equivalent of 'jumping' in front of the bus.
a) I believe with a too small s/l, the broker(s) can and do go pip-hunting. In my early days, I had a s/l of +-20 pips. In demo my strategies always worked really well, the minute I went live I lost serious money. As soon as I started trading with no s/l, or a large one (100-150 pips), no more pip-hunting

b) do you mean to say that no s/l tempts fate? Hmmm, can't say I agree with that, nor the jumping principle. what will be, will be.

c) if a s/l, then why based on #622? why not on some other 'bad' experience, like 9/11 (1500 pips and you say multiply by 2), or an average of wrong-direction price jumps after news, or.... then you may as well forget the s/l, and live with a cleaned-out account. BTW, that is a s/l anyway of sorts - because you would be drawing winnings out of the account, the worst-case is you would loose what is currently in there, if the bus ever came around
  • #629
  • Aug 6, 2007 7:19pm Aug 6, 2007 7:19pm
Yesterday reaping. Took wrong position on EU, but it held in a strong position, entered too early when I saw a red candle appeared.
Attached Image (click to enlarge)
Click to Enlarge Name: tryHAS-060807.JPG Size: 64 KB
  • #630
  • Aug 7, 2007 8:25am Aug 7, 2007 8:25am
I've got 22 wins in a row now. I'm on vacation now, looking in every day or two on the "ATM" chugging away day and night.

I'm starting to reconcile the drawdowns and lack of stops.

It is rare that the market moves 100's of pips in one direction. It happens, but not often.

Once I get back to study I will complete the steps I set down in an earlier post.

I tried a couple trades with the strategy I mentioned, but lost. Stops too close.
  • #631
  • Aug 13, 2007 11:37am Aug 13, 2007 11:37am
I have to admt I was very excited about this method in the beginning. Unfortunately what I've found is that forward testing results are not positive due to the profit taking suggested.

Anyone can create a method for good entries but ultimately it's the profit or exit method that has to be worked out. Just my 2 cents.
  • #632
  • Aug 13, 2007 1:46pm Aug 13, 2007 1:46pm
43 wins straight, 12 pips each = 516

DD on current trades = 524
Attached Image (click to enlarge)
Click to Enlarge Name: Steinitz Analysis 08_13_07.jpg Size: 197 KB
  • #633
  • Aug 13, 2007 5:11pm Aug 13, 2007 5:11pm
If anybody needs to know where to get this EA just PM me and I will tell you.

Still getting great results looking at scalping 12 pips. This is my little ATM machine!

Good pips!
  • #634
  • Aug 17, 2007 2:41am Aug 17, 2007 2:41am
I just saw this statement posted at another Forum. Looks like the 4.set file I requested from Steinitz coded for me got around and is working really well. I hope he doesn't mind but I copied it and posted it here.

Maybe I should charge Don for giving him the idea to grab 12+ pips this way!

LOL

George
Attached File(s)
File Type: zip Schultz.zip   8 KB | 1,676 downloads
File Type: zip Demo 91.zip   7 KB | 1,405 downloads
  • #635
  • Aug 17, 2007 6:05am Aug 17, 2007 6:05am
Quoting WHTenn
I just saw this statement posted at another Forum. Looks like the 4.set file I requested from Steinitz coded for me got around and is working really well. I hope he doesn't mind but I copied it and posted it here.

Maybe I should charge Don for giving him the idea to grab 12+ pips this way!

LOL

George
Im sure Don wont mind at all, and Im sure your being well rewarded for your efforts
  • #636
  • Aug 17, 2007 9:52am Aug 17, 2007 9:52am
Quoting Razzle
Im sure Don wont mind at all, and Im sure your being well rewarded for your efforts
The only reward I've gotten from all this is being lucky enough to find this EA. People who know me understand that I like to help new traders and once a while I get back ideas for new methods, it's a two-way street.

Happy hunting!
George
  • #637
  • Aug 17, 2007 10:39am Aug 17, 2007 10:39am
Wow, we seem to be through the rough patch - I think this is rather positive! I opened the account a few days prior to the first date in the image, but only started running it then.

tf0=---TimeFrames---
HigherTF=3
LowerTF=6
ct=---Trade Confirmation filter---
UseUpperTimeFrame=0
UpperTF=1
has=---HAS Inputs---
MaMethod=2
MaPeriod=6
MaMethod2=3
MaPeriod2=2
en0=--- Timeframe Entry---
EnterOnAlerted=1
EnterOnFreshSignal=0
ep=--- Profit Timeframe Exit---
ExitOnAlertedProfit=0
ex=--- Loss Timeframe Exit---
ExitOnAlertedLoss=0
ExitTF=30
UseMoneyManagement=0
BrokerIsIBFX=1
AccountIsMini=0
AccountIsMicro=0
UseFreeMargin=0
TradeSizePercent=2.00000000
BrokerPermitsFractionalLots=1
tp0=---TakeProfit Method---
TPMethod=2
tp3=ATR inputs
TPAtrPeriod=14
TPAtrPercentage=0.90000000
tp4=TakeProfit inputs
TakeProfitW1=100
TakeProfitD1=60
TakeProfitH4=30
TakeProfitH1=25
TakeProfitM30=40
TakeProfitM15=15
TakeProfitM5=8
TakeProfitM1=5
SafetyTakeProfitMultiplier=1.00000000
e5=--- Partial Close---
UsePartialClose=0
RoundUp=0
ts0=---TrailingStopLoss---
TrailingStopMethod=2
BreakEvenLock=0
TrailingStop=25
ts6=Step to move Take Profit
TP_Step=5
sl0=---StopLoss Method---
SLMethod=2
sl3=ATR inputs
SLAtrPeriod=14
SLAtrPercentage=0.90000000
mStopLoss=0
SafetyStopLossMultiplier=1.50000000
Attached File(s)
File Type: zip HAS.zip   21 KB | 1,906 downloads
  • #638
  • Aug 17, 2007 10:56am Aug 17, 2007 10:56am
What's up with this thread? This is sounding a bit like a big commercial.

Is there anything more to say about a method?

Perhaps at the least we should put this in the lounge, as there is really not anything new or anything other than a EA for sale here...
  • #639
  • Aug 17, 2007 11:47am Aug 17, 2007 11:47am
Quoting smjones
What's up with this thread? This is sounding a bit like a big commercial.

Is there anything more to say about a method?

Perhaps at the least we should put this in the lounge, as there is really not anything new or anything other than a EA for sale here...
Yep, I like sharing when something is really hot. Call it a commercial if you like.

And there will be lots more to be said once 2.4 gets released.
  • #640
  • Aug 17, 2007 12:51pm Aug 17, 2007 12:51pm
yeah jones i think your right this one belongs in the recycle bin...its a commercial system and steinze wore out his welcome a long time ago. the other HAS threads were moved, i must have missed this one. instead of going to the bin, i am just going to close it. sorry to those who are following this thread.... forex-tsd.com is the home of HAS, so if anyone wants further info please go there.
Relax and be happy.
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