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EURUSD 15min. Heikin-Ashi System 31 replies

Heikin-Ashi 2 replies

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Regarding Smoothed Heikin Ashi indicator 0 replies

Trading with Heikin Ashi 9 replies

Attachments: Mister ED's 4 hour Heikin Ashi system
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Mister ED's 4 hour Heikin Ashi system

  • #41
  • Quote
  • Jul 15, 2009 5:01pm Jul 15, 2009 5:01pm
I like unemotional systematic trading sytems,,,Very nice!!,,,Thanks!!,,,,,,Manageing 11 pairs 24/5 can be challanging,,,Do have method for the entries during the sleep hours? I can see why your looking for an EA,,,,thx
  • #42
  • Quote
  • Jul 15, 2009 5:18pm Jul 15, 2009 5:18pm
Quoting piptalk
I like unemotional systematic trading sytems,,,Very nice!!,,,Thanks!!,,,,,,Manageing 11 pairs 24/5 can be challanging,,,Do have method for the entries during the sleep hours? I can see why your looking for an EA,,,,thx
It is quite a lot of work to watch everything. However you do get a heads up before placing a trade of up to least 4 hours because the trade is not placed until the HA colour change has occured.

My time zone in Eastern Canada allows me to trade all but the MT4 4 o'clock candle (Closes at 3am my time). These trades are not so successful often so not really a problem. The main thing is managing trades overnight once they are open. If things retrace then you can loose many valuable pips. Hence the idea of having an EA to at least try to manage things when I am not around.

Mister ED
I have had to focus on this system as to trade it properly requires time to understand things. Once you know the system the time required drops considerably but you need to be free for the candle changes so that you can calculate your trades.
  • #43
  • Quote
  • Jul 15, 2009 5:55pm Jul 15, 2009 5:55pm
Quoting Mister ED
It is quite a lot of work to watch everything. However you do get a heads up before placing a trade of up to least 4 hours because the trade is not placed until the HA colour change has occured.

My time zone in Eastern Canada allows me to trade all but the MT4 4 o'clock candle (Closes at 3am my time). These trades are not so successful often so not really a problem. The main thing is managing trades overnight once they are open. If things retrace then you can loose many valuable pips. Hence the idea of having an EA to at least try to manage...
One quick question. Do you reenter using the same system following a situation when your SL is hit or do you just wait for opposite signal.
  • #44
  • Quote
  • Jul 15, 2009 5:57pm Jul 15, 2009 5:57pm
Quoting aelimian
One quick question. Do you reenter using the same system following a situation when your SL is hit or do you just wait for opposite signal.
Just wait. No need to reenter as another signal is sure to come.

Mister ED
  • #45
  • Quote
  • Jul 15, 2009 8:28pm Jul 15, 2009 8:28pm
Is there an HA Smoothed indicator with EMAIL option, I think there are sound alerts, but I have not seen one with an email alert. I have always been a big fan of HA, and I think an email alert for this system would be great. Thanks Mr. Ed for sharing.
Pips are like cabbage, the green ones are the tastiest!
  • #46
  • Quote
  • Jul 16, 2009 7:44am Jul 16, 2009 7:44am
Mister Ed, Wonderfull simple system! Thanks for your hard work! Now my work begins. I will get to work and try this out in my demo account.

It looks like I won't be dissapointed! Thanks Again
  • #47
  • Quote
  • Jul 16, 2009 8:46am Jul 16, 2009 8:46am
Hi Pipquest

I hope you are successful. I will try and post an Excel file with details on how I analyse my trades, but it may be at the weekend as work is very busy.

Most trades appear to have retraced and closed out this morning.

Now it is just patience to wait for the next set. Remember this system has an average of 2.6 of the 11 pairs starting a new trade each day, that is 12.4 trading opportunities at least each week this year.

Mister ED
  • #48
  • Quote
  • Jul 16, 2009 9:25am Jul 16, 2009 9:25am
Quoting cabbagepicker
Is there an HA Smoothed indicator with EMAIL option, I think there are sound alerts, but I have not seen one with an email alert. I have always been a big fan of HA, and I think an email alert for this system would be great. Thanks Mr. Ed for sharing.
I agreee. An email alert would be great and would allow for virtual trading via cell phone.
Believe and Achieve!
  • #49
  • Quote
  • Jul 16, 2009 9:29am Jul 16, 2009 9:29am
Quoting sirwolf
I agreee. An email alert would be great and would allow for virtual trading via cell phone.
I haven't heard of one but agree it would make life easier.

Mister ED
  • #50
  • Quote
  • Jul 16, 2009 10:20am Jul 16, 2009 10:20am
I'm using FXDD.
I had a long signal at 0100 GMT on the EUR/GBP.
It's traded sideways, but is showing a profit of about 10 or 15 pips.

USD/JPY is looks like it may be setting up for a short.
  • #51
  • Quote
  • Jul 16, 2009 10:45am Jul 16, 2009 10:45am
Quoting billbss
I'm using FXDD.
I had a long signal at 0100 GMT on the EUR/GBP.
It's traded sideways, but is showing a profit of about 10 or 15 pips.

USD/JPY is looks like it may be setting up for a short.
I agree. EURGBP is sideways. My backtesting shows Thursday to be the weakest day for trades. It seems to pick up by the end of the week (NB my data for trades is all off Metatrader, I only get Gold from FXDD as Metatrader do not offer it, so your results may be different).

I think things will remain quite for the next candle or two so it will give time for you to backtest.

Mister ED
  • #52
  • Quote
  • Jul 16, 2009 11:12am Jul 16, 2009 11:12am
The yen pairs are starting to show a color change on the HA ,,,,Do we wait for the candle to close or do we take the trade at our discretion?,,,thx
  • #53
  • Quote
  • Jul 16, 2009 11:24am Jul 16, 2009 11:24am
Quoting piptalk
The yen pairs are starting to show a color change on the HA ,,,,Do we wait for the candle to close or do we take the trade at our discretion?,,,thx
I would wait for the candle to close always. I have been bitten too often by entering early. The idea is to remove as much discretion from the trade as possible.

Mister ED
  • #54
  • Quote
  • Jul 16, 2009 12:27pm Jul 16, 2009 12:27pm
Hello Mr. Ed. I would like to try your system but, when I open the attachments and the computer programming jargon comes up I hate to say it but I'm lost. How do I download on to my demo charts. Thank you in advance for your time and sharing your system.
  • #55
  • Quote
  • Jul 16, 2009 12:32pm Jul 16, 2009 12:32pm
How do the results differ using Parabolic SAR instead of Heikin Ashi. I've attached a screen shot of the past month. Would be nice to compare it with the original one to see if it's picked up the signals.
  • #56
  • Quote
  • Jul 16, 2009 1:01pm Jul 16, 2009 1:01pm
Quoting jahual89
How do the results differ using Parabolic SAR instead of Heikin Ashi. I've attached a screen shot of the past month. Would be nice to compare it with the original one to see if it's picked up the signals.
http://www.forexfactory.com/images/icons/icon5.gif
  • #57
  • Quote
  • Jul 16, 2009 1:07pm Jul 16, 2009 1:07pm
Hey Mr Ed,

Great system, but I do have three quick questions for you.

1. Do you have to trade all the pairs you suggest or could you start off with say three pairs and if so which three would you suggest?

2. Does it matter if there is a gap between the Heiken body and tail?

3. Do you take trades in both directions regardless of say the daily or weekly trend?

Thanks

Angus.
  • #58
  • Quote
  • Jul 16, 2009 1:24pm Jul 16, 2009 1:24pm
Quoting Alsea
http://www.forexfactory.com/images/icons/icon5.gif
attached now
Attached Image (click to enlarge)
Click to Enlarge Name: parabolic sar.jpg Size: 114 KB
  • #59
  • Quote
  • Jul 16, 2009 1:48pm Jul 16, 2009 1:48pm
Quoting jahual89
How do the results differ using Parabolic SAR instead of Heikin Ashi. I've attached a screen shot of the past month. Would be nice to compare it with the original one to see if it's picked up the signals.

From post #1.
Quote
I am not looking to have other indicators to replace or enhance those that are included. Any optimisation that is performed must be done by each individual trader.

This is a simple system that works and doesn't really need any changing, just an EA.
  • #60
  • Quote
  • Jul 16, 2009 1:56pm Jul 16, 2009 1:56pm
Quoting billbss
From post #1.
Yes, that's what he wants. Doesn't mean I can't say what I would like.
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