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New to Forex. Need Help. Welcome to the Snakes & Ladders System. 22 replies

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Chutes and Ladders

  • #41
  • Apr 26, 2010 8:14pm Apr 26, 2010 8:14pm
Email/Alert function is nice. I have always like the smoothness of the HA but prefer looking at candles for price action. I hate when they are both on the screen.( HA and candlesticks)

Less clutter the better for me. If I could trade naked I would LOL..

I find this is a pretty good combo what Tony has. Looking forward to see what develops here.

Bluesteele
Master your Mind,,,Master the Market
  • #42
  • Apr 27, 2010 2:41pm Apr 27, 2010 2:41pm
Quoting tonyb123
My apologies to everyone for not being clear on this, the blue line goes with the price open so you will have to wait for the candle that looks like it's open is outside the blue line to close. this is not a holy grail and you will lose some trades as with all systems. yes in hindsight it looks to be perfect but in live it is not. sorry ukcool for the wrong advice.
I have set up a MTF plan.. 1H for the Direction from your previous HA-3 info and 15M using your Blue Line Trigger to enter. You do high quality work
Thanks Tony
  • #43
  • Apr 27, 2010 5:16pm Apr 27, 2010 5:16pm
Hi Tony,

Thanks for continuing to share your good work, hope to start earning from it soon.

One thing Tony, it might be obvious and maybe I'm just missing something here. I don't seem to have the signals appearing on my charts..!

Any ideas why that might be.

Thanks.

Cenzo
  • #44
  • Apr 27, 2010 6:22pm Apr 27, 2010 6:22pm
KDX, you need to look for the first candle crossing the blue line...so your candle is still down, look 4 candles along and you can see it opens on the other side...entry for a long, DOH!


Quoting kdx
Firstly Thanks bluesteele for your explanation, I've posted another chart would appreciate some comments Thanks.
  • #45
  • Apr 27, 2010 6:24pm Apr 27, 2010 6:24pm
It doesn't produce signals...Tony has added them to show you entry.
reread the firsts posts...! my 5 years old could understand and trade this!

Quoting Cenzo
Hi Tony,

Thanks for continuing to share your good work, hope to start earning from it soon.

One thing Tony, it might be obvious and maybe I'm just missing something here. I don't seem to have the signals appearing on my charts..!

Any ideas why that might be.

Thanks.

Cenzo
  • #46
  • Apr 27, 2010 6:35pm Apr 27, 2010 6:35pm
When the blue line is touching the bottoms of candles (or bars) go short. When the blue line is touching the tops of candles (bars) go long. Watch for when line goes from the top to bottom (or V.V.) Then enter the new direction
  • #47
  • Apr 28, 2010 2:12am Apr 28, 2010 2:12am
Quoting chazbo 3071
I may be misunderstanding something, but I don't see the difference between using the Heiken Ashi 2 indicator and simply trading the color change of the HA candles (which isn't a bad way to trade if using MTF).
enjoy
Attached File(s)
File Type: mq4 #Heiken Ashi_SW.mq4   4 KB | 490 downloads
  • #48
  • Apr 28, 2010 12:24pm Apr 28, 2010 12:24pm
Quoting SnapCracklePip
enjoy
Guys, you are correct to observe when the blue line crosses down below a candle or up above the candle it would produce an arrow if you were using the ha t3-1 indicator. I am just trying to get you to see price action and to think for yourself. If you like the arrows use the arrows, if you like the blue line use the blue line, if you like the histogram on the chart or in a seperate window use it. Some traders don't care for arrrows or indicators at all just candles or bars. Does that mean they are better?
Or traders who use indicators are worse? What counts is that whatever indicator or system you use you should know and understand how it works completely before you can say it is the right one for me. Tony
MY GRID. Markets are NOT random.
  • #49
  • Apr 28, 2010 12:33pm Apr 28, 2010 12:33pm
Multi timeframe is a very good way to impliment any strategy or system you use. pick a trend identification timeframe then drop down to a lower timeframe to enter your trade. remember you will not win 100% but you can put the odds in your favor by taking this approach.

Example: 4hour chart HA is red (downtrend) drop down to your entry timeframe and trade when you have a fresh red HA signal. and stop trading that direction when larger timeframe HA changes direction. very simple.
MY GRID. Markets are NOT random.
  • #50
  • Edited 7:46am Apr 30, 2010 7:03am | Edited 7:46am
in what time frames have you guys been more successful using this system? does it work the same in asian, london and new york sessions or it works better in a certain one?
  • #51
  • May 3, 2010 7:14am May 3, 2010 7:14am
anybody using this system?
  • #52
  • May 4, 2010 11:04pm May 4, 2010 11:04pm
Nice System Tony, but would to have the arrow come on the charts once the condition is satisfied.

As I understand we should wait for the candle to the right side of the blue line to close to enter long trades or short trades

Unimak
  • #53
  • May 5, 2010 12:16am May 5, 2010 12:16am
Quoting SnapCracklePip
enjoy
HI,

Do you happen to have a version of that indicator with some sort of alert?

Thanks, PB
  • #54
  • May 6, 2010 9:41pm May 6, 2010 9:41pm
Quoting pbb
HI,

Do you happen to have a version of that indicator with some sort of alert?

Thanks, PB
This could become a very simple EA.... I just don't have the ability.
We are our own best indicator.
  • #55
  • May 20, 2010 10:06am May 20, 2010 10:06am
anybody making money using this system?
  • #56
  • Jul 13, 2010 9:02pm Jul 13, 2010 9:02pm
I've been working Ha T3-1, just got everything to the point where I was comfortable, reading every single word that was written, and looking at everyone's added efforts and BANG!!!
Tony's got a new system and now....after four short pages of comment no comment in several months.
Let me say Tony, the other system seems to be plenty. Great job and I know you've had a lot of great comments.
I'll play with this one too and I really appreciate your efforts.
Thanks,
Jim
  • #57
  • Last Post: Jul 21, 2010 7:41am Jul 21, 2010 7:41am
Dear Tony,

Thank you for your kindness.
I am wondering why you start a new thread with another system.
Is the HA T3-1 not profitable ?
Cause if it does, I wonder why you waste your time to develop something else, you should be hardly busy to collect pips, is not that so?
Please enlighten me as I want to start to test HA T3-1.

Thank you Tony.
God bless you.

PS: Forgive me,my English will certainly hurts you, is not my native language .
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