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

  • #161
  • Jul 20, 2009 1:21pm Jul 20, 2009 1:21pm
Quoting stevegee58
Ah, so the price candle color doesn't have to match the HA candle color? I may have misinterpreted what you wrote in the instructions document.

Me too. I know I read it some where.
  • #162
  • Jul 20, 2009 2:47pm Jul 20, 2009 2:47pm
Thanks for this
It's obviously powerful - and must have taken a huge amount of time, reading and determination to create ..
As I'm all for machines doing the grunt work, I've modified an atr indi (attached) to show candle length as a % of atr.
The curve is standard atr.
The histo shows
- bar lengths inside the 50%/200% range in blue
- outside the range in red.
Plentiful pips to all
sezor
Attached Image (click to enlarge)
Click to Enlarge Name: atr&candlelength.gif Size: 13 KB
Attached File(s)
File Type: mq4 Atr&CandleLength.mq4   4 KB | 1,162 downloads
  • #163
  • Jul 20, 2009 3:27pm Jul 20, 2009 3:27pm
Sezor thank you for the modified ATR indicator!

Sandy
  • #164
  • Jul 20, 2009 4:24pm Jul 20, 2009 4:24pm
Quoting Mister ED
Attachment

Hi Billbss

This is the what I currently see for GBPJPY. This is certainly a valid trade going long.

Mister ED
Please what website did you download your MT4 from?
  • #165
  • Jul 20, 2009 4:54pm Jul 20, 2009 4:54pm
Quoting junja
Thanks for this
It's obviously powerful - and must have taken a huge amount of time, reading and determination to create ..
As I'm all for machines doing the grunt work, I've modified an atr indi (attached) to show candle length as a % of atr.
The curve is standard atr.
The histo shows
- bar lengths inside the 50%/200% range in blue
- outside the range in red.
Plentiful pips to all
sezor
Hi Sezor

Thanks for the great indicator

Mister ED
  • #166
  • Jul 20, 2009 4:56pm Jul 20, 2009 4:56pm
Quoting aelimian
Please what website did you download your MT4 from?
Hi Aelimian

see post 151

Mister ED
  • #167
  • Jul 20, 2009 7:18pm Jul 20, 2009 7:18pm
Quoting syracuse4x
Someone had asked about a Heiken Ashi Smoothed with email alerts, it should be attached to this post
Hi syracuse4x,

Thank you for the indicator. Though, there seems to be a little problem with it. Experts tab gets filled with messages like "2009.07.21 03:14:53 Heiken_Ashi_Smoothed_Alert EURJPY,H4: 0" on every pair this indy is on. Even though the indicator itself works great, these messages keep filling MT4 logs all the time. Could you please take a look?
Thank you for this indicator. It is just the thing doctor ordered.

Oscar
  • #168
  • Jul 20, 2009 7:38pm Jul 20, 2009 7:38pm
Is anyone trading these EA's Live Mister ED EA Skissor and Jasonphd EA?
I do not documentation on these, but since this is a 4 hr system I am guessing the EA's would be a 4 hr EA? My question is do either of them require indicators or is everything in the EA?
Gator - Trader Learning and Earning
  • #169
  • Jul 20, 2009 7:56pm Jul 20, 2009 7:56pm
Jason, have you made any new changes to this EA> and are you trading it live yet? I noticed you only trade specific time periods, why is this, why not trade it all day and follow the indicator rules? Just wondering.

Gator

Quoting jasonphd
I've created the attached EA which I believe is making the trades correctly.

Since this was pretty quick, I only have it set to make "standard" trades and not "retrace" trades. It only takes one TP and does not make use of a trailing stop.

Can you please confirm that it is correctly making "standard" trades before I continue development?
Gator - Trader Learning and Earning
  • #170
  • Jul 20, 2009 8:21pm Jul 20, 2009 8:21pm
Mister ED,

Thank you for sharing this nice and simple strategy with us!
A quick question: How do you manage your TP when you are away from the computer (which could be hit while the candle is forming)? Do you place a half sized pending buy order where TP for sell order is and close positions when you have a chance? Or do you open two separate trades (place SL) and place TP only for one of them letting the other run? Or do you use some kind of a trade manager to do it for you? Thank you!

Oscar
  • #171
  • Jul 20, 2009 8:35pm Jul 20, 2009 8:35pm
Quoting bluF
Mister ED,

Thank you for sharing this nice and simple strategy with us!
A quick question: How do you manage your TP when you are away from the computer (which could be hit while the candle is forming)? Do you place a half sized pending buy order where TP for sell order is and close positions when you have a chance? Or do you open two separate trades (place SL) and place TP only for one of them letting the other run? Or do you use some kind of a trade manager to do it for you? Thank you!

Oscar
Hi Oscar

I place 2 trades and set a SL and TP on one trade, and just a SL on the other. As soon as I am awake and see a TP hit I manually adjust the trailing SL.

I am hoping that the EA could help here but there can be some discretion as to how the SL is trailed.

I have never used as EA before and am hoping that if anyone does come up with one they could point me in the direction of how to use and test an EA.

Until then I trade manually as above.

Mister ED
  • #172
  • Jul 20, 2009 8:43pm Jul 20, 2009 8:43pm
Hi Mr Ed,,,,Just make sure its on demo acct first!!,,,,,LOL,,,,I am really enjoying this thread,,,and your down to earth approach!,,,thx
  • #173
  • Jul 20, 2009 9:05pm Jul 20, 2009 9:05pm
Mr Ed. Just found this thread today and quickly ran through the posts. Set up my charts and now I'll start watching. I'm wondering about seeing the color change when the price candle covers the entire HA candle. Seems like I've noticed a few completely covered and have to assume they've changed colors. Well, I take that back when I zoom in a little I can tell there's some opposite color back there.

Thanks for your hard work and time you've spent on this. Looks (and sounds) interesting.
  • #174
  • Jul 20, 2009 9:14pm Jul 20, 2009 9:14pm
Quoting Mister ED
I am hoping that the EA could help here but there can be some discretion as to how the SL is trailed.

I have never used as EA before and am hoping that if anyone does come up with one they could point me in the direction of how to use and test an EA.
I'm working on one now Mister Ed. Phase 1 probably won't scale out but just trail starting at TP1. It's not too hard, I've just been busy with the day J.O.B and what not.

BTW I intend to publish the source code.
You are in a maze of twisty little passages, all alike.
  • #175
  • Jul 20, 2009 9:16pm Jul 20, 2009 9:16pm
Does this look like a correct short trade? Just want to know if I have my ducks lined up right.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy072009.gif Size: 25 KB
  • #176
  • Jul 20, 2009 9:21pm Jul 20, 2009 9:21pm
Quoting markfx
Does this look like a correct short trade? Just want to know if I have my ducks lined up right.
Hi Mark

Yes this looks like a good setup. I have attached my candles which seem to close at a different time. I am unlikely to trade this one just because I will be asleep, otherwise it's good.

Try going into the charts setting on MT4 and toggling the foreground chart setting to show things up more easily.

All the best,

Mister ED
  • #177
  • Jul 20, 2009 9:32pm Jul 20, 2009 9:32pm
Quoting Mister ED
Hi Mark

...
Try going into the charts setting on MT4 and toggling the foreground chart setting to show things up more easily.

All the best,

Mister ED
Great. Thanks that did help. Hadn't played with all the settings yet. I'm used to using charts from thinkorswim so I'm still learning the MT charts.
Have a good night.
  • #178
  • Jul 20, 2009 10:18pm Jul 20, 2009 10:18pm
MR ED
could you please tell me what GMT has the platform you are using ?
regards
  • #179
  • Jul 20, 2009 10:47pm Jul 20, 2009 10:47pm
Quoting Mister ED
Hi Aelimian

see post 151

Mister ED
Thank you. I tried that website and keep getting
FXDD downloaded.
  • #180
  • Jul 20, 2009 11:39pm Jul 20, 2009 11:39pm
Could you explain how we can set up the HA smoothed alert in tools of metatrader and what exactly does it do? Can you send a screen shot?

Many thanks
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