how exactly does this indicator work, you wait for a blue bar to pop out ofd the red one and when the stoch lines cross then you jump into the market for a few pips?
HAS Indicator - Misc indicators & EA's
- #163
- Mar 6, 2007 4:31pm Mar 6, 2007 4:31pm
Yes they are accurate. No revisions thus far in this thread. Thanks for the compliment.
We need alerts!
:
We need alerts!
: Hi Steinitz & everyone
Just finished reading thru this thread & I must say what a great method from
Steinitz & all that have contributed along the way. I have not looked @ this
method, but will do so over the next several days. One question...are the
indicators @ the beginning for Heiken Ashi the correct ones that are being used? Tks to all that respond.
AceTrader
- #166
- Mar 6, 2007 4:42pm Mar 6, 2007 4:42pm
What you have pointed out is what I referred to back in one of my earlier postings. What you are seeing is a strong trend in the longer TF i.e. 4Hr. Now what you do is look at the 1M to 1hr (your choice) and wait for a series of blue candles to emerge. As soon as the last candle turns to red JUMP IN and take the ride!
Based on the length of TF will determin how much PIPS you will squeeze out of the other guys pocket.
Is there anybody on here that can program an alert on one or more TF's? Waiting to see how 4xMaster does with the EA.
P.S. Look back on my answer to somebody asking about ranging markets and that is how I replied to him.
Based on the length of TF will determin how much PIPS you will squeeze out of the other guys pocket.
Is there anybody on here that can program an alert on one or more TF's? Waiting to see how 4xMaster does with the EA.
P.S. Look back on my answer to somebody asking about ranging markets and that is how I replied to him.
Ive been looking at the has method and i have found that you can use the 4hr tF as a trend indicator and either buy only or sell only based on what your 15min and 30min Tf says.
For examply, if you look on the 4h and you are in a downward trend, then i would only sell based on my 15 and 30min. If i saw a blue bar i would not buy. I would follow the trend. When the 4hr trend changes to a buy then it is safe to buy on 15min/30min.
- #174
- Mar 6, 2007 5:54pm Mar 6, 2007 5:54pm
I do trade live. I have putr in my dues and finally getting some of my earlier losses back. Between 4x and live poker (no limit) I make my living. The last 2 weeks I have traded 1 lot and netted 1373 pips or 13,730.00. That is after my comissions of an average of 1 PIP round trip.
I'll send my resignation letter as soon as you trade live.
Here are the rules for long entry:
1. lowest TF must be at least one blue HAS candle.
2. The next highest TF must be a (blue wick with a red body or a (blue candle) and/or price must be >= HAS candle. [You need to look at the HA,val 2,3 or 4 and HLOC prices to figure what would be representive of this].
3. Note: if we made price > price [1] bar ago we would obtain a better angle.
Here are the rules for long exit:
1. Current TF displays it's first opposite candle color AND next largest TF is an opposite color of initial trend
Here are the rules for staying in trade when current HAS candle turns opposite color.
1. Go to next higher TF and if HAS bars are the same color stay in trade.
Reverse everything above for a short entry and all rules that followed.
This should be a good start.
One question: in bullets 1 and 2 - we are talking only about the bars' close price, right? nothing should be done before a bar is closed (beside drinking a beer or two..
) ?
The 4xMaster
Here a Pip, There a Pip, Everywhere a Pip Pip
Hi,
One question: in bullets 1 and 2 - we are talking only about the bars' close price, right? nothing should be done before a bar is closed (beside drinking a beer or two..
The 4xMaster
Here a Pip, There a Pip, Everywhere a Pip Pip