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Attachments: Heiken_Ashi_Smoothed **Start Here**
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Heiken_Ashi_Smoothed **Start Here**

  • #1
  • First Post: Edited Mar 28, 2007 8:28pm Mar 18, 2007 10:11pm | Edited Mar 28, 2007 8:28pm
Hello all!

I want to first start off by thanking "Merlin" for giving us our own sub forum on this wonderful method! I believe this indicator will be here to stay for a long time with much interest surrounding it's beauty in design and simplicity.

I also want to thank "MikeJody". He probably doesn't know this but he is the reason for my curiosity to take what he originally posted and analyze this indicator to the next level.

I also want to thank "Matsu" for his help with the 4TF HAS indicator that is the heart of this strategy.

I also want to thank "4xMaster" for putting together the only EA's on the early methods.

I lastly want to thank all of you for staying with me on this as your input is what makes this thread work in the first place. I hope we can all come together and make trading a fun experience as opposed to a nail biting roller coaster lack of control experience.

As promised I have put together a word doc with all the points needed to teach you what I know about this method thus far. This will be a good start. I have also prepared a nice example of a trade that started long on Cable from a 5M Tf and is still going strong on the 1hr/4hr timeframe. Take a look!

In closing I want you to know I will be starting another thread later solely for discussion on how to enter after the "train has left the station" sort of speak. A trend already moving forward and finding place to enter efficiently.


Attached File(s)
File Type: doc HAS Part I.doc   17 KB | 9,643 downloads
  • #2
  • Mar 18, 2007 10:26pm Mar 18, 2007 10:26pm
I will be attaching multiple snapshots of a trade that started on a 5M TF and is still following the rules and going strong. I believe as I post this Cable is on the 1hr/4hr TF. Take a look at the PIPS made from start to now. See how you were able to stay in the trade without fear of the unknown.

Just follow the rules. There will be more enhancements I am sure before this thread slows down for the most efficient technique of exiting.
Attached Images
  • #3
  • Mar 18, 2007 10:28pm Mar 18, 2007 10:28pm
Continued................

Attached Images
  • #4
  • Mar 18, 2007 11:32pm Mar 18, 2007 11:32pm
Thanks for the method. It seems that this one have clear rules, easy to follow once you get enter into the trade. I hope im right.

I do have 2 questions at this moment though:

1.You begin with '' Look at the lowest row which is the 5M TF. If the bar directly above the 5M bar is also blue you take the trade long''

Meaning also blue with what? Refer to the doc attached. It has to have the 2 lowest TF same colour to enter the trade? Please restate if you can the rules for entering.

2. What is the use of the second indicator MTF HAS 2.

I didnt followed the other threads on heiken ashi method and start from this thread.
Should i begin to read the other threads on heiken ashi?


Thank You very much
The risk is what gives value to an investment.
  • #5
  • Mar 19, 2007 12:43am Mar 19, 2007 12:43am
Quoting 3cent
Thanks for the method. It seems that this one have clear rules, easy to follow once you get enter into the trade. I hope im right.

I do have 2 questions at this moment though:

1.You begin with '' Look at the lowest row which is the 5M TF. If the bar directly above the 5M bar is also blue you take the trade long''

Meaning also blue with what? Refer to the doc attached. It has to have the 2 lowest TF same colour to enter the trade? Please restate if you can the rules for entering.

The two lowest TF's must be lined up vertically as blue. 5M is blue and 15M (vertically on top) is also blue.

2. What is the use of the second indicator MTF HAS 2.

The second indicator is to display a multi colored bar. (wick/body different colors). Don't worry about that now. Go ahead and read the rest of the threads until you find discussion about that change in momentum bar.

I didnt followed the other threads on heiken ashi method and start from this thread.
Should i begin to read the other threads on heiken ashi?

Yes


Thank You very much


See above in blue
  • #6
  • Edited Mar 23, 2007 12:32pm Mar 19, 2007 12:47am | Edited Mar 23, 2007 12:32pm
Please see the indicators that I use attached. I will also attach my template for your convenience.

See next post for the rest of the indicators and template
Attached File(s)
File Type: mq4 Heiken_Ashi_Smoothed.mq4   4 KB | 8,179 downloads | Uploaded Mar 23, 2007 12:31pm
File Type: mq4 4 TF HAS Bar.mq4   10 KB | 8,128 downloads | Uploaded Mar 23, 2007 12:31pm
File Type: mq4 4 TF HAS Bar2.mq4   10 KB | 7,103 downloads | Uploaded Mar 23, 2007 12:32pm
  • #7
  • Edited Mar 23, 2007 12:33pm Mar 19, 2007 12:51am | Edited Mar 23, 2007 12:33pm
Continued............

Attached File(s)
File Type: tpl 1.tpl   4 KB | 5,752 downloads
  • #8
  • Mar 19, 2007 1:52am Mar 19, 2007 1:52am
Quoting steinitz
I will be attaching multiple snapshots of a trade that started on a 5M TF and is still following the rules and going strong. I believe as I post this Cable is on the 1hr/4hr TF. Take a look at the PIPS made from start to now. See how you were able to stay in the trade without fear of the unknown.

Just follow the rules. There will be more enhancements I am sure before this thread slows down for the most efficient technique of exiting.


Thanks for the great method.Would you mind change your attached picture format: *.bmp is so large to download ...please use *.jpg or *.gif and so on . I usually spend more than Seven minutes to look your one picture.
  • #9
  • Mar 19, 2007 3:18am Mar 19, 2007 3:18am
Attached is a test of different image formats. I am showing you 256 color.bmp, .gif and .jpg. By far the best image quality is the 24 bit.bmp. I have not had many complaints so I will need to stick with what works the best. Maybe you can get a faster connection.



Quoting zengyao
Thanks for the great method.Would you mind change your attached picture format: *.bmp is so large to download ...please use *.jpg or *.gif and so on . I usually spend more than Seven minutes to look your one picture.
Attached Images
  • #10
  • Mar 19, 2007 8:40am Mar 19, 2007 8:40am
BMP size vs quality is overkill. Yes you are right quality wise it is better, but at what cost? 10 or 20 times the size? The loss of quality is minimal compared to the size reduction of the file. We are just looking at MT4 charts here, not the mona lisa or something Your .gif file settings are wrong which is why it looks like that, there should be options to change it so the quality will be much better. However the JPG looks fine to me, I cant see any loss of information between that and the same picture in BMP. There is also the PNG format which will also offer excellent quality yet at a much smaller size than BMP.
  • #11
  • Mar 19, 2007 12:06pm Mar 19, 2007 12:06pm
Yes we are looking at artwork here. Ok seriously if you guys are having issues then I will use the jpg settings from now on. I don't have that problem myself for whatever reasons but for will ablige.

Quoting creztor
BMP size vs quality is overkill. Yes you are right quality wise it is better, but at what cost? 10 or 20 times the size? The loss of quality is minimal compared to the size reduction of the file. We are just looking at MT4 charts here, not the mona lisa or something Your .gif file settings are wrong which is why it looks like that, there should be options to change it so the quality will be much better. However the JPG looks fine to me, I cant see any loss of information between that and the same picture in BMP. There is also the PNG format which will also offer excellent quality yet at a much smaller size than BMP.
  • #12
  • Mar 19, 2007 12:09pm Mar 19, 2007 12:09pm
I agree that the JPG is less quality but is good enough for what we are doing. I also like that it opens immediately to view, unlike the bmp which takes 45 seconds to load, on my DSL connection, and my T1 at work. But do what ever you need to to make it easier on you, I do acknowledge that you put a ton of time into the writing of the articles here.


Keep up the great work!
  • #13
  • Mar 19, 2007 12:13pm Mar 19, 2007 12:13pm
Just posting an update on the same trade I used for this thread. Cable was going through red bars on the 1hr but the rules said to stay in andg we are now once again sailing in blue seas (1hr bars)

1.9444 present price
Attached Image
  • #14
  • Mar 19, 2007 8:23pm Mar 19, 2007 8:23pm
Thank You for advices, DonSteinitz.

Question : All the setup explained in the doc and first post works exactly on opposite direction ( and colours ) when we are going short on one pair?

For example in entering short we are looking for red bars on 5M and 15M if we trade the 5M TF ?

Thanks for the time dedicated and willingness to respond.
The risk is what gives value to an investment.
  • #15
  • Mar 19, 2007 8:44pm Mar 19, 2007 8:44pm
Quoting 3cent
Thank You for advices, DonSteinitz.

Question : All the setup explained in the doc and first post works exactly on opposite direction ( and colours ) when we are going short on one pair?

Yes

For example in entering short we are looking for red bars on 5M and 15M if we trade the 5M TF ?

Yes. 100% correct


Thanks for the time dedicated and willingness to respond.

Your welcome
See above
  • #16
  • Mar 19, 2007 11:11pm Mar 19, 2007 11:11pm
I am going to post another example of how a trade started long on $/CAD on a 30M TF and there was a crazy dip along the way and the rules kept you in this winning trade. There are times this would have been suicide to stay in but this example is for educational purposes only. The only hint that this trade could recover from the onset was that all TF's all the way up to monthly were blue!
Attached Images
  • #17
  • Mar 19, 2007 11:12pm Mar 19, 2007 11:12pm
continued........
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  • #18
  • Mar 21, 2007 12:03am Mar 21, 2007 12:03am
I am posting a chart of USD/CAD. This is a recent price chart from today. Look carefully at the 4TF HAS bars. Logically you would expect to see more bars on the lower TF's with lessor number of bars as you move up in TF's.

Example: it takes (3) 5 minute bars to paint a single 15 minute bar. It takes (2) 15M bars to paint a single 30M bar etc. But look at the daily row. It turned red before the 1hr and 4hr (with exception of (1) 1hr single bar). Can anybody think logically what could cause this?

Remember this indicator does not repaint. Also, this is a somewhat rare occurence.
Attached Image
  • #19
  • Mar 21, 2007 12:23am Mar 21, 2007 12:23am
Stein,

When does the long start and the short stop??? This is what's confusing me here.... You enter long on 5/15min blue... The rest are red. You ride it up to the 1/4hr they turn blue, but now the 5/15min are red... SHORT signal!!! So what do you do??? And when the 1/4hr turn red do you go to the weekly/monthly???? When do you stop the maddness???????

Please dont take this as an offense. I am just confused as to where it starts and when it stops!!

Bagovino
"Skills pay the bill's!"
  • #20
  • Mar 21, 2007 12:56am Mar 21, 2007 12:56am
Quoting bagovino
Stein,

When does the long start and the short stop??? This is what's confusing me here.... You enter long on 5/15min blue... The rest are red. You ride it up to the 1/4hr they turn blue, but now the 5/15min are red... SHORT signal!!!

No. You stay and ride the Tf's up and up til you go to the month cycle (if you get that lucky). Remember when you are going up in Tf's you are not looking back in the rear view mirror. Yes you could and will be on some long TF's and there will be opposite trades taken by somebody else even though you are on a different TF's. Their TF's might be a great 30M/1hr SHORT move when you are having your best move LONG on a 4hr/1day.

So what do you do??? And when the 1/4hr turn red do you go to the weekly/monthly???? When do you stop the maddness???????

You stop the madness when you run out of pockets to put pictures of Benjamin Franklins!

Please dont take this as an offense. I am just confused as to where it starts and when it stops!!

Bagovino
See above
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