DislikedHi,
Could someone please confirm what settings are you all working with on the Heiken Ashi.
I have 2 6 3 2 is this right or not ?
With Many Thanks
DavidIgnored
Traffic Light System 378 replies
With a little help from our Expert Adviser friends ... - Paulus 10 replies
Paulus System's 8 replies
DislikedHi,
Could someone please confirm what settings are you all working with on the Heiken Ashi.
I have 2 6 3 2 is this right or not ?
With Many Thanks
DavidIgnored
DislikedHi guys,
Setting for Heiken Ashi smoothed is 0132 Please look at post#95 by Paulus
By the way can anyone briefly tell me how to use this indicator(simple way)?
Thanks,
PeteIgnored
DislikedHi Ronald RayGun,
I have been testing the Traffic Lights EA on the 5 min chart with better results.
However, on the longer time frame, the trade trigger stays open until the next bar so that if a trade closes before the current bar ends another trade is immediately opened almost always resulting in a loss.
I would like to code the EA to make the "SignalsOnly" automatically change to "true" when a trade is opened and then automatically change back to false at the start of the next bar (i.e., 1 trade only, per signal, per bar unless the trailing stop is enabled).
It seems like statements as follows:
if(Order = SIGNAL_BUY) SignalsOnly = true &
if(Order = SIGNAL_SELL) SignalsOnly = true
placed strategically in the code would turn off order placement.
And statement(s) like:
newbar SignalsOnly = false
placed strategically in the code would turn it back on.
Keep in mind, I am not a programmer, I just dabble with the logic so I need help with the above and especially where to put it in the code. I am more than happy to do the keying and testing if it is acceptable to you. If not, I fully understand and one of your speedy updates would be great.
Any help you may provide would be greatly appreciated!
Your EA's are most impressive!Ignored
DislikedI'm assuming you're asking for more information on the HAS as an indicator? Generally - the HAS eliminates the clutter (noise) of normal candles, and indicates better (for the most part) continuing trends.
Like 'normal' candles, the HAS gives you loads of information. Simply speaking, if there are no wicks on the bottom and/or long wicks on top of the blue HAS, that is a fairly good indication of a strong upward movement. Down trends (red HAS) indicates continuing strong downward movement when the HAS have no wicks on the top and/or long wicks on the bottom. Long bodies show strength of movement, short bodies volatility in that direction is decreasing and may be changing.
And like 'usual' dojos, hammers, and Hanging Man, when you have wicks on the top AND the bottom you know market sentiment is changing. Sorry, I can't remember that much more about them right now.
If you go back and look at charts you'll soon be able to pick out the patterns and identify potential market trend changes. Hope this helps a little.Ignored
DislikedThanks Flamenco,
That's what I need. I'll study more detail in googleIgnored
DislikedHi Again RR,
RE: One trade per bar
Is there a way to do this without being limited to opening a trade in the last 10 seconds of the bar? That option is already available by setting EachTickMode to False. Correct?
Is there a way to count the number of trades PER BAR? If so, logic could be added to the TradeTrigger sequence to trade only when the count = 0. (By the way, I see now where MY original idea was flawed.)
As always, any help you may provide is much appreciated!Ignored
DislikedHi RR,
I agree with your logic using the 1 min TF. The problem I'm experiencing on the 5 min is basically none exsistent on the 1 min because the bar almost always closes before the trade.
However, on the 5 MIN TF, if the signal occurs early in the bar, the scalping opportunity is gone well before a trade would be entered (waiting for the last 10 seconds of the bar). Based on my testing, there are just too few signals that \"start\" within the 10 second window. If you don't get in when the signal first occurs, you loss more than win.
My original intent was to code the EA so that a second trade would not be automatically entered if the first one closed before the bar closed. I guess I don't see how this would be a negative issue since, based on my testing, the second trade almost always ends up a loss.
However, if you believe this would cause more problems than benefits, I respect your opinion.Ignored