HAS Indicator - Misc indicators & EA's

Quoting MrFuture

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EXACTLY !!!!

And this is what happens to most systems in here.

Somebody comes up with one, then 3000 other people work on it trying to improve it changing 3000 things.

In the end, the thread is abandoned and people move on to the next best thing.....repeating the whole process once again.

Why ? Because, once again, no matter how hard you try, as soon as the market starts becoming choppy, there is no indicator or set up that will save you.

It is always the same story unfortunately.

This is not an attack to this thread, not at all. I actually downloaded all its indicators and tried it out, but once again it fails in choppy times.

Regards,

Future

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Quoting tracej

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There are thousands of great indicators and "systems" out there. Success comes down to the trader. There is no holy grail "system" - only systems that give good entries which this one does. The holy grail is money mgt/trade mgt. and how well you can figure these things out.

There are lots of tricks you can use such as scaling in, scaling out, putting qualifiers for entries AFTER you get the signal (such as put a 15 pip qualifier away from the market when you get your signal) so you filter out weak signals (tight ranges), moving your stop to breakeven as soon as possible, t/p 1/2 position after X pips and move stop up for other half and let it ride, etc, etc, etc..... The list is endless and mostly up to the trader to figure out what works best on what pairs and timeframes.

Steinitz may makes millions off this simple "system" while the next guy can take the same trades and blow his account because he doesnt have a clue about money mgt or trade mgt. It's up to you to qualify the signals and make it work just like it is with any indcator or "system".\

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Quoting tracej

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There are thousands of great indicators and "systems" out there. Success comes down to the trader. There is no holy grail "system" - only systems that give good entries which this one does. The holy grail is money mgt/trade mgt. and how well you can figure these things out.

There are lots of tricks you can use such as scaling in, scaling out, putting qualifiers for entries AFTER you get the signal (such as put a 15 pip qualifier away from the market when you get your signal) so you filter out weak signals (tight ranges), moving your stop to breakeven as soon as possible, t/p 1/2 position after X pips and move stop up for other half and let it ride, etc, etc, etc..... The list is endless and mostly up to the trader to figure out what works best on what pairs and timeframes.

Steinitz may makes millions off this simple "system" while the next guy can take the same trades and blow his account because he doesnt have a clue about money mgt or trade mgt. It's up to you to qualify the signals and make it work just like it is with any indcator or "system".\

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Quoting mason

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If someone asking about 8 TF of HAS and BAT, here it is.

I personally enjoy reading both positive and negative view as it brings balance from different people, as I mentioned earlier HAS parameters are MA parameters, but since it is HA, it gives us colors, combined with MTF, it brings new set of indicators, it is up to us to translate this into signals for open or close trade, Stein has done great job in explaining to us, eventhough I surely will be glad if stein or someone compresses the whole explanations into single document with clearer terms.

If I may suggest let's use description something like this : we are on H1, 1st TF & 2nd TF are blue, lots of bars before it are red, look for better price to go long, it could be retraced 5-10 pips, watch for close price using line chart.

1st TF means current TF which is H1
2nd TF means next higher TF which H4

This will guide us for the rest of other explanations.

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Quoting Plutonite

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I've thread through this thread trying to decipher what your final system looks like... and I can't find the verdict.

Never mind the automation/EA for a moment. How exactly are you entering trades, and which version of the parameters are you using? The original indicator correlates quite well with crossover systems & the like. The real benefit is that you are able to ride long runs quite well with this HAS..

Anyway please post your most recent parameters/Indicator and I will try to come up with a decent way to enter/exit on long runs. If you have already found a satisfactory method please describe it or link to the post.

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Quoting steinitz

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What I find is the best for me is scalping:

1. Start at the highest TF
2. Now move down TF by TF until you see a counter trend
3. Once found you enter on this counter trend in the direction of the main trend.

That's about it. If you want to fine tune your counter trend entry just look at one more lower TF and wait till it starts to reverse. This way you will avoid being in the countertrend too lond before it comes back your direction.

There are pluses and minuses. If you wait to enter you could loose some initial PIPS. However, this confirmation wait can help with drawdown and certainly does.

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Quoting Plutonite

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Ok, thanks for clarifying things. This method will only work in strong trends (I'm using H4 charts as a base, H1 if needed) because the corrections are detected by the smaller TF with some delay that allows you to make a decent buy in the dip. In sideways markets however, you will die... I am trying to come up with ways to strengthen the probability of the entry points using the H4 chart only. One good way so far is to use the length of the candlestick you are entering on - good entry candlesticks are comparable in length to the wicks/bars drawn. This way you can avoid spikes and the like.

Also, if you complete the first blue bar and the previous candle was a good solid move up as well, then you can see you are buying in the right direction. Exiting is a trickier matter though, good luck with that.

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Quoting tjames35

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Stienz
Well I did PM you this method of gettng in on counter trend I worded it getting in on resumption of trend right after u started the first FF thread so maybe the strategy is a little different I like to look at the lower time frame to get in on the resumption of the trend that works pretty good even just using the 15 and the hourly. Regardless to get those results you made sure the monthly and weekly and 4 hour and 1 hour were in the same direction and took trade off 15 minute resumption or just the 1 hour counter bar because those bars can last awhile and pile up? and did you use any stop method or you just waited for them to pay themselves out? Anyway am so glad you stuck with it. Keep up the fine work!

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Quoting kingsly

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Hi

Can any one explain what does the 4 TF HAS Bar MEan? Where is it in the Inter bank Fx platform. IF so How to Load this indicator. I couldnot find this indicator. Please Help............

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