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Attachments: HAS Indicator - Misc indicators & EA's
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HAS Indicator - Misc indicators & EA's

  • #501
  • Mar 11, 2007 6:17am Mar 11, 2007 6:17am
Hi

Thanks for the reply.

Could you please ckeck the attached Doc (not sure how to post charts) for:

Correct use of MFT indicator and entry and exit points.

Again help very appreciated

Yellow
Attached File(s)
File Type: doc Doc8.doc   165 KB | 656 downloads
  • #502
  • Mar 11, 2007 7:58am Mar 11, 2007 7:58am
aCE





Kenmania & everyone

Your #531 post represents how I'm trading this method. Start on the 5M or
the 15M & progress out 2-3 more tf's thereby getting in somewhat earlier in
the move. If you will check my post ref the USD/JPY you will see a clear
example of 3-4 tf's in action. Not sure how many times this will be seen, but
these are strong moves. On several trades I would start with 15M, but from
going over some charts this weekend it seems starting on the 5M might be
the best. We all have to remember nothing is 100%.

Whatever Steinitz is working I'm sure will add to the stability of this method.
Sor far I am only trading this in demo mode, but have found the results to be excellent.

Just thought I would pass this on & hope it might help someone.


"THE LIMITS OF POTENTIAL ACCOMPLISHMENT ARE DEFINED
BY ONE'S SENSE OF THE POSSIBLE"


AceTrader
  • #503
  • Mar 11, 2007 12:00pm Mar 11, 2007 12:00pm
Hi Bradone,

Thanks for ATR.... I was using it from the bat strategy.

Can you explain how you set it?

Length?

ATRperiod?

Kv?

Thanks,

Bago
"Skills pay the bill's!"
  • #504
  • Mar 11, 2007 12:40pm Mar 11, 2007 12:40pm
Yes, Please add an Alert popup box , atleast for color change
of the Heiken Ashi


Quoting steinitz
I am requesting a programmer like 4xMaster hint hint to program an indicator that will draw a blue up arrow below the HAS candle and a red down arrow on top of the HAS candlewhen the conditions are "true".


ENTRY



1. An input that allows the arrow positioning "X" distance away from the HAS candle (just for appearance purposes)

2. An arrow to appear when all rules are met with the addition of price to be within a certain amount of PIPS from the HAS value (adjustable PIP range)


EXIT



1. An arrow of opposite color to appear when all rules are met.


2. Adding a possible feature that allows this exit area if all exit rules are true with the addition of other rules like:


A. Take profit fixed PIP amount reached
B. Take profit fixed percentage from entry opening price


ALERTS




1. Alerts box to appear when arrows appear for entries and exits.


TIA



  • #505
  • Mar 11, 2007 7:09pm Mar 11, 2007 7:09pm
Hi 4xmaster,

Can you change the original EA to include a stoploss and TP.
Here is what I'm thinking. We dont have to know the market condition.
It does not matter if it is ranging or trending. I want to put the EA into
30M timeframe.

Rules:
1. Check the present color of 15M and 30M timeframe.
Check for reversals.
If "both are blue" then wait for color "red" in both 15M and 30M timeframe.
If "both are red" then wait for color "blue" in both 15M and 30M timeframe.
2. Basically we are looking for trend reversal before entering because I
guess that is the safeway to do it via the EA.
3. We need a takeprofit and stoploss for every order. I noticed that when
we enter late the current candlestick bar is going the opposite direction
so we dont have to wait for the original rules, we will just put a stoploss
of SL=6 or SL=10.
4. Set TP=10 and SL=6 or other combinations that we will test later on.

The beauty of this although we are limiting the potential of this strategy is
the consistency and automation. Those who have a day job can just run the EA everyday and collect some profits. My objective here is,
If I can average 10 pips a day for every currency then this will be my holy grail.

Thanks for steinitz and 4xmaster for all your efforts!
  • #506
  • Mar 11, 2007 7:27pm Mar 11, 2007 7:27pm
According to the rules EUR/$ on 1hour candle just turned blue, 30 min has 4 blue bars.... Signal to go long????? It's 7:30ET.....
Dennis
  • #507
  • Mar 11, 2007 7:41pm Mar 11, 2007 7:41pm
denis55

That is correct. I am seeing blue on the 15M, 30M & 1H @ this time & I would take that as a long signal. If your looking @ RSI @14 it is above the
50% line, but trying to lay on the line, so this is a trade I would watch
closely. I'm showing Pivot Point @ 3120. When the 4H turns blue I would
feel better about this trade.

AceTrader
  • #508
  • Mar 11, 2007 8:38pm Mar 11, 2007 8:38pm
Quoting bagovino
Hi Bradone,

Thanks for ATR.... I was using it from the bat strategy.

Can you explain how you set it?

Length?

ATRperiod?

Kv?

Thanks,

Bago
When I first started looking at it the setting was 10. My observations are the market basically moves in a 72 hour cycle. Mixed in that are "dead"days. My current cycle is 14 days. Might be 12 a week from now. 14 is a good start

Brad
  • #509
  • Mar 11, 2007 11:09pm Mar 11, 2007 11:09pm
  •  Trader#0000
  • | Status: Unregistered Trader
Quoting meltri
Hi 4xmaster,

Can you change the original EA to include a stoploss and TP.
Here is what I'm thinking. We dont have to know the market condition.
It does not matter if it is ranging or trending. I want to put the EA into
30M timeframe.

Rules:
1. Check the present color of 15M and 30M timeframe.
Check for reversals.
If "both are blue" then wait for color "red" in both 15M and 30M timeframe.
If "both are red" then wait for color "blue" in both 15M and 30M timeframe.
2. Basically we are looking for trend reversal before entering because I
guess that is the safeway to do it via the EA.
3. We need a takeprofit and stoploss for every order. I noticed that when
we enter late the current candlestick bar is going the opposite direction
so we dont have to wait for the original rules, we will just put a stoploss
of SL=6 or SL=10.
4. Set TP=10 and SL=6 or other combinations that we will test later on.

The beauty of this although we are limiting the potential of this strategy is
the consistency and automation. Those who have a day job can just run the EA everyday and collect some profits. My objective here is,
If I can average 10 pips a day for every currency then this will be my holy grail.

Thanks for steinitz and 4xmaster for all your efforts!
meltri those are great ideas and on the lines of what I was thinking of. I've done extensive backtesting and the results are not too bad. However each broker was quite different from each other.

4xmaster what broker software did you develop the EA on?

And thanks!
  • #510
  • Mar 12, 2007 4:51pm Mar 12, 2007 4:51pm
where did everyone go?
  • #511
  • Mar 12, 2007 4:54pm Mar 12, 2007 4:54pm
Try this "room" of the house. More lively.

http://forexfactory.com/showthread.php?t=20954
  • #512
  • Mar 19, 2007 1:24pm Mar 19, 2007 1:24pm
Please start using this thread for ANY ideas that include an indicator that is not contained in the thread titled "Heiken_Ashi_Smoothed" **Start here**. This thread will be used to refer to:

Indictors not on original method

1. Additional indicators for exit purposes
2. Addition indicators fro entry purposes
3. Additional indictors for cosmetic purposes i.e. countdown clocks, fun additions
4. Expert Advisors
5. Pop up alerts
6. Other ideas that can present better entries and exits in general

This way we can organize our thread by type and be able to go right to the most closely matched thread.


Thanks
  • #513
  • Mar 19, 2007 2:48pm Mar 19, 2007 2:48pm
I find this extremely helpful for finding precise entries. For example, it is now 20:00 GMT (12 Noon PDT). The USDCAD is showing all long bars on all TFs. One could enter now, but...add the attached indicator and notice that trendlines appear on the charts and they all suggest resistance at about the 1.1780 price.

I wait until at least two or three of the TFs show a break through the trendlines before entering a trade. This gives me a more precise entry point. You will also notice that there are dotted green lines above the long/green trendlines at varying distances. There are also dotted red lines below the red/short trendlines. The are projected profit targets that prove to be quite accurate, especially on the 15min + TFs.

See this page, post #133 for a full explanation of the use of these indicators: http://www.forexfactory.com/showthre...?t=7883&page=9

The indicator is attached.

Experiment with it, if you wish, on different pairs and TFs and you will begin to see how it can be used to pinpoint entries.
Attached File(s)
File Type: ex4 MoutekiTimetoClose1].ex4   31 KB | 551 downloads
"Loss and failure are inevitable but misery is optional"
  • #514
  • Mar 19, 2007 4:59pm Mar 19, 2007 4:59pm
i been reading your other threads cos i luv variations of heiken ashi,heres my yummy bars,there a one stop pipping shop,give you entrys and exits nice and simple
Attached Image
  • #515
  • Mar 19, 2007 7:13pm Mar 19, 2007 7:13pm
Please be so kind as to post the Yummy Bars indicator. Thanks.
"Loss and failure are inevitable but misery is optional"
  • #516
  • Mar 19, 2007 8:12pm Mar 19, 2007 8:12pm
I understand what you are saying but I would love to see some examples of your set-ups. How about some confirming HAS bars with your Mouteki method showing some entries based on your further confirmation with 1 or more TF's with resistance or support breaks.

This would be really helpful to all!

P.S. I don't want to post too many different ideas at once to avoid overwhelming everybody so I am pausing before I start another thread regarding the entry of a trade after the trend has been in force. This will compliment or visa versa what "carmel" is doing.



Quoting carmel
I find this extremely helpful for finding precise entries. For example, it is now 20:00 GMT (12 Noon PDT). The USDCAD is showing all long bars on all TFs. One could enter now, but...add the attached indicator and notice that trendlines appear on the charts and they all suggest resistance at about the 1.1780 price.

I wait until at least two or three of the TFs show a break through the trendlines before entering a trade. This gives me a more precise entry point. You will also notice that there are dotted green lines above the long/green trendlines at varying distances. There are also dotted red lines below the red/short trendlines. The are projected profit targets that prove to be quite accurate, especially on the 15min + TFs.

See this page, post #133 for a full explanation of the use of these indicators: http://www.forexfactory.com/showthre...?t=7883&page=9

The indicator is attached.

Experiment with it, if you wish, on different pairs and TFs and you will begin to see how it can be used to pinpoint entries.
  • #517
  • Mar 19, 2007 8:33pm Mar 19, 2007 8:33pm
Mouteki......

I noticed that only on the 4hr TF does the text off to the right shift to the left and overlapp the colored bars. Please check your code and advise.

Also, I notice that upon starting MT4 there is about a 30 second freeze due to 1 or more indicators. After that period is over everything works fine.

Please advise....

Thanks

  • #518
  • Mar 19, 2007 8:47pm Mar 19, 2007 8:47pm
OK. I need a little advice on the best way to load charts. In the meantime, look at the pair I mentioned (USDCAD) about 7 hrs ago. You will notice that the bars are in the buy mode but nothing has happened to the price. The Mouteki indicator told me this at noon PDT! Needless to say, I didn't enter the trade.
"Loss and failure are inevitable but misery is optional"
  • #519
  • Mar 19, 2007 9:30pm Mar 19, 2007 9:30pm
I think you are on the right track. I see where the candle high broke the 1hr 1.1778 resistance line about 7+ hours ago. My question to you is how far back does this indicator look when alerting a bar's high has penetrated the line? The bar that I see that the indicator is describing is a down candle with a high of 1.1778 that occured at 3/19/07 @ 20:00 GMT. But the bar to it's left also broke that line at 3/19/07 @ 19:00 GMT. So which bar and how far back does the indicator look at?

Thanks
Quoting carmel
OK. I need a little advice on the best way to load charts. In the meantime, look at the pair I mentioned (USDCAD) about 7 hrs ago. You will notice that the bars are in the buy mode but nothing has happened to the price. The Mouteki indicator told me this at noon PDT! Needless to say, I didn't enter the trade.
  • #520
  • Mar 19, 2007 9:42pm Mar 19, 2007 9:42pm
The indicator looks back at the last two points where (in the case of the upper green trendline) the bar high price was preceeded, and followed, by two bars whose high prices were lower than its was. It will connect with the most current pattern. Once a new pattern is discovered as time progresses, it will identify a new trendline and the previous one disappears.

For the bottom red trendline the same principle applies except the lowest price points connect.

The more reliable, and less frequently changing, trendlines are the longer TF trendlines.

Once again, if I am considering entering at a particular TF I look to see where the price is in relation to the TL. If the bars say "buy" but the price is under the TL, particularly the TL on the lower TF, I will wait until price breaks through and then pull the trigger.

The link to the document posted above on the Mouteki method is helpful to get a clearer understanding.
"Loss and failure are inevitable but misery is optional"
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