Mister ED's 4 hour Heikin Ashi system | Page 47 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EURUSD 15min. Heikin-Ashi System 31 replies

Heikin-Ashi 2 replies

Heikin-Ashi Technique 2 replies

Regarding Smoothed Heikin Ashi indicator 0 replies

Trading with Heikin Ashi 9 replies

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

Mister ED's 4 hour Heikin Ashi system

  • #921
  • Oct 1, 2009 7:33pm Oct 1, 2009 7:33pm
I am having the same "no close of trade" on second lot when signal is given.
Atlas1
  • #922
  • Oct 2, 2009 4:28pm Oct 2, 2009 4:28pm
Quoting rcbarlow
Is anyone else having a problem with v1.4 not always closing the second order when the stop loss is hit?
Hi rcbarlow & Atlas1,

Would you describe the situation in detail?

Do you mean that the SL was hit but only on of the orders (having the same SL) got closed?

Cheers
Longbar
  • #923
  • Oct 3, 2009 12:06pm Oct 3, 2009 12:06pm
I finally finished the thread.. I have to admit I did a lot of skimming once all the EA BS started.... I personally don't trade with EAs .. don't like em, don't trust em....
SOOOOOOOO I was wondering if maybe we could get a thread going that is strictly manual trading? Would love it if Mr ED would lead.... that way we can maintain the integrity of the manual system and the EA guys can talk all about their EA stuff regarding this great system.
So what do ya think Mr. ED?
Thanks again for all your work putting the system together.
Same Whore .... Different Dress
  • #924
  • Oct 3, 2009 4:26pm Oct 3, 2009 4:26pm
Quoting johnedoe
I finally finished the thread.. I have to admit I did a lot of skimming once all the EA BS started ....
LOL
Maybe you skimmed more than you think - try it again.
This is one of the few threads where ea runners & manual backtesters have worked it through together.
As for Mister ED, good luck in getting him to come back. Been absent for quite a while, for reasons known only to him.

cheers scalpz
Target 2 : Stoploss in the green
  • #925
  • Oct 3, 2009 6:01pm Oct 3, 2009 6:01pm
The first time my stop didn't hold was when both the 1st and 2nd order went into loss mode. The next morning, when I turned my computer on, both entries were way past my stop loss.

The second time, I had the 1st lot closed with a profit, but the second lot went beyond the stop loss and did not close.

These are the only two times this has happened. I don't know if having my computer off had anything to do with it or not. Possibly the stop loss was bypassed when I had lost connection or had to restart the platform.

I'll keep an eye out to see if it happens again and I will take a screen shot and send it to you showing the trade and the trade info.

Thanks,

Randy
  • #926
  • Oct 4, 2009 2:09am Oct 4, 2009 2:09am
Quoting rcbarlow
The first time my stop didn't hold was when both the 1st and 2nd order went into loss mode....

Hi Randy,

Did the orders have SL set in these cases? Would you show the order details from the Account History tab (copy & paste)?

I just want to understand whether the SL was not set or the broker server did not action the SL.

Cheers
longbar
  • #927
  • Oct 4, 2009 8:14am Oct 4, 2009 8:14am
Yes, the stop losses were set.

Because my losses went so far, I renewed my account so I will have to wait and see if it happens again.

Thanks
  • #928
  • Oct 4, 2009 11:39am Oct 4, 2009 11:39am
On MT4, how do I filter the pairs per days. When I click on the expert advisors all charts are executed at the same time. Is there any way to filter these charts by days. If I want a certain pairs be executed only some weekdays and stop other pairs from trading the system, how do I do that.

Thanks
  • #929
  • Oct 4, 2009 7:44pm Oct 4, 2009 7:44pm
Quoting johnedoe
I finally finished the thread.. I have to admit I did a lot of skimming once all the EA BS started.... I personally don't trade with EAs .. don't like em, don't trust em....
SOOOOOOOO I was wondering if maybe we could get a thread going that is strictly manual trading? Would love it if Mr ED would lead.... that way we can maintain the integrity of the manual system and the EA guys can talk all about their EA stuff regarding this great system.
So what do ya think Mr. ED?
Thanks again for all your work putting the system together.
Hi John Doe

Thanks for looking at the thread. The idea for me was really to just get an EA created that would allow the system to be traded automatically. However it seems that this is a lot more difficult than I thought. I am not a programmer and therefore have not had a lot of input over the last month or so.

However I am trading the system manually. I have been doing further testing and tweaking and have got things just about the way I like. However the days and times that I am trading are just related to my results and so may not be the same for everyone so I will not elaborate. I would advise that people do as I have and test this thoroughly and come up with your own prefered times etc.

The idea of a manual trading thread is appealing as I feel that I will be doing this for a long time before any EA is robust enough for my cash.

I have also been very busy at work recently and so the thread has taken more of a back seat. I will have a think about starting a manual thread. The only difficulty is that as I take some trades during the day it may be difficult to post trades immediately and therefore I would probably only record the trades at the end of each day. This would help to show what I have been doing but would be NO USE to anyone trying to use the thread as a trade signalling service.

I will mull things over this week as I will be away on business and say what I feel at the end of the week.

I hope this helps.

Mister ED
  • #930
  • Oct 4, 2009 7:58pm Oct 4, 2009 7:58pm
Hello Mr. Ed ....
I was thinking really of just a manual trade thread..... posting of the trades certainly doesn't have to be done at the time of the trade.

I think this would really help those that are trying to get a handle on this system.

I would also encourage those trying this system to read and print out the trade system document from the first post.... THAT WAY YOU CAN READ AND REREAD it many times and have it next to you while trading.

Thanks for the hard work and great system Mr. Ed.
Same Whore .... Different Dress
  • #931
  • Oct 4, 2009 8:21pm Oct 4, 2009 8:21pm
Mr. Ed

Do you trade on Sunday evenings?
  • #932
  • Oct 4, 2009 8:29pm Oct 4, 2009 8:29pm
Quoting lijohn
Mr. Ed

Do you trade on Sunday evenings?
Hi Lijohn

Yes I do trade on Sunday evenings. I have just gone long on EURJPY and also Gold. EURUSD is also showing a setup but my results suggest that it may not be the best candle to trade off so I have passed on that.

All the best,

Mister ED
  • #933
  • Oct 4, 2009 8:49pm Oct 4, 2009 8:49pm
Quoting Mister ED
Hi Lijohn

Yes I do trade on Sunday evenings. I have just gone long on EURJPY and also Gold. EURUSD is also showing a setup but my results suggest that it may not be the best candle to trade off so I have passed on that.

All the best,

Mister ED
Mr. ED

Thanks for your quick response.
  • #934
  • Oct 4, 2009 8:49pm Oct 4, 2009 8:49pm
Quoting Mister ED
Hi Lijohn

Yes I do trade on Sunday evenings. I have just gone long on EURJPY and also Gold. EURUSD is also showing a setup but my results suggest that it may not be the best candle to trade off so I have passed on that.

All the best,

Mister ED
Mr Ed. I have a question. You said on the strategy manual, that some pairs work better on some days. I have set up a profile on MT4 only for your strategy bu I have no idea how to shut down the EA only for some pairs.
  • #935
  • Oct 5, 2009 1:31am Oct 5, 2009 1:31am
I'm trading this system manually on a demo account and beginning to like it, with some variations though, since I'm not looking for an automated system, I'm adding PA analysis to it and not just taking all signals.

One question: on the document on post 1 it says we should enter the trade on the first full HA candle.
However somewhere along the thread Mr. Ed points that he enters on the second candle.

Any coments?

Thanks.
  • #936
  • Oct 5, 2009 2:08am Oct 5, 2009 2:08am
May i know the-->
signal candle is between 50% and 200% of the ATR value

the signal candle is the price candle or the heiken Ashi smoothed candle?

and the difference is difference between the high and low of that candle?

pls advise. thank you
  • #937
  • Oct 5, 2009 5:30am Oct 5, 2009 5:30am
Quoting rcbarlow
Yes, the stop losses were set.

Because my losses went so far, I renewed my account so I will have to wait and see if it happens again.

Thanks
Seems to me then the broker's platform did not follow through the SL settings. What broker do you use for this demo?
  • #938
  • Oct 5, 2009 5:34am Oct 5, 2009 5:34am
Quoting Forexaccount
On MT4, how do I filter the pairs per days. When I click on the expert advisors all charts are executed at the same time. Is there any way to filter these charts by days. If I want a certain pairs be executed only some weekdays and stop other pairs from trading the system, how do I do that.

Thanks
The EA will trade only that pair it is attached to, so if you want the EA to trade EURUSD and USDJPY pairs then open two charts (EURUSD and USDJPY) and attach the EA to both of them.

To filter for certain days and candles just use the EA parameters TradeDay and TradeTimeXXX.
  • #939
  • Oct 5, 2009 6:55am Oct 5, 2009 6:55am
what a mega thread.

Longbar do you use optimised settings per pair or just OOTB with just entry/exit method adjusted?
TRADE FOR SWAP
  • #940
  • Oct 5, 2009 1:08pm Oct 5, 2009 1:08pm
I use FXPro. I understand they are having some problems and have stopped new accounts because of the number of new accounts they have added. Hopefully they will be caught up soon and will re-open.

Thanks
0 traders viewing now