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Ronnierott's 1 Hour Strategy

  • #761
  • Apr 11, 2011 8:13am Apr 11, 2011 8:13am
Quoting .Hawk.
well jubu dear .. heikin ashi is important for me ..
it does make a difference to me .. working of strategy remains same .. just that heikin ashi price close candle on a 15 ema is more powerful than a usual candle close .. let me know if you can do it !

http://www.forexoma.com/what-is-heik...trade-with-it/

http://www.investopedia.com/articles.../04/092204.asp

regards
.Hawk.
OK.. i'll look at it next week. This week is going to be very busy for me as i have a lot of work to do and I won't have much time to spend here.
  • #762
  • Apr 11, 2011 9:02am Apr 11, 2011 9:02am
hi jubu,

thanks for sharing ur EA, may i know in ur EA the time is set to 06:00 to 18:00 , and i am using FXDD do i need change the time to 09:00 to 21:00 ?
  • #763
  • Apr 11, 2011 9:20am Apr 11, 2011 9:20am
looks like we could have a potential short trade coming up for USD/JPY .... but for that the price needs to come back and kiss the 15 EMA...

i know USD/JPY is not one of Ronnie's pairings but want to give it a try if it gives a good setup. :-)
  • #764
  • Apr 11, 2011 9:56am Apr 11, 2011 9:56am
thanks a ton, jubu !

i am a patient guy, i can assure it's worth your time & it"ll make a difference to me atleast.

regards
.Hawk.

Quoting jubu
OK.. i'll look at it next week. This week is going to be very busy for me as i have a lot of work to do and I won't have much time to spend here.
  • #765
  • Apr 11, 2011 11:07am Apr 11, 2011 11:07am
"RULE 1. The MACD has to be the right colour for the direction of the trade"

Iīm not sure I understand that rule. Is it green=buy orders allowed, and red=sell orders allowed?
or is it rising=light green and light red=buy allowed, dark green+dark red =falling, sell allowed

Best wishes
Elovv
  • #766
  • Apr 11, 2011 11:14am Apr 11, 2011 11:14am
jubu, one question about canselling pending order. I started up my EA yestarday, today GMT 09.00 (with close of GMT 08.00 candle) it placed a pending EU buy order.
The GMT 11.00 candle closed below EMA 15.
Shouldnt EA has removed the pending order? It did not, I removed it manually.
Just wont to understand.
The EA has removed several UC pending orders today.
Bets wishes
Elovv
  • #767
  • Apr 11, 2011 11:20am Apr 11, 2011 11:20am
Quoting Elovv
"RULE 1. The MACD has to be the right colour for the direction of the trade"

Iīm not sure I understand that rule. Is it green=buy orders allowed, and red=sell orders allowed?
or is it rising=light green and light red=buy allowed, dark green+dark red =falling, sell allowed

Best wishes
Elovv

Green for buy & red for sell.

Light or dark colours makes no difference
  • #768
  • Apr 11, 2011 12:00pm Apr 11, 2011 12:00pm
Quoting Elovv
jubu, one question about canselling pending order. I started up my EA yestarday, today GMT 09.00 (with close of GMT 08.00 candle) it placed a pending EU buy order.
The GMT 11.00 candle closed below EMA 15.
Shouldnt EA has removed the pending order? It did not, I removed it manually.
Just wont to understand.
The EA has removed several UC pending orders today.
Bets wishes
Elovv
Yes, i had that trade myself and saw that it didn't delete it on the first candle below the ema. It deleted it on the second. That was wierd cause i can't really explain why. I personally thought it was because it must have missed the end of the candle on my charts somehow but being given that the same thing happened on yours... i don't know. The code is good, it's not bugged from that point of view. The deleting order function is programmed to be called only at candle ends, that keeps it from deleting the orders too early. I'll look into it further more. Thanks for the heads up.
  • #769
  • Apr 11, 2011 12:06pm Apr 11, 2011 12:06pm
Quoting jubu
Yes, i had that trade myself and saw that it didn't delete it on the first candle below the ema. It deleted it on the second. That was wierd cause i can't really explain why. I personally thought it was because it must have missed the end of the candle on my charts somehow but being given that the same thing happened on yours... i don't know. The code is good, it's not bugged from that point of view. The deleting order function is programmed to be called only at candle ends, that keeps it from deleting the orders too early. I'll look into it further...
Thanks for clarifying Yuor EA. I guess Your order whas closed on the GMT 12.00 candle, the second below EMA 15. Mine whas not closed att all, closed manuall GMT 14.30
Elovv
  • #770
  • Apr 11, 2011 12:08pm Apr 11, 2011 12:08pm
Quoting ronnierott
Green for buy & red for sell.

Light or dark colours makes no difference
Thanks!
I think I understand Your system now
Try it on demo wiht jubusīs EA.
Looks great.
Elovv
  • #771
  • Apr 11, 2011 2:24pm Apr 11, 2011 2:24pm
Quoting jubu
Yes, i had that trade myself and saw that it didn't delete it on the first candle below the ema. It deleted it on the second. That was wierd cause i can't really explain why. I personally thought it was because it must have missed the end of the candle on my charts somehow but being given that the same thing happened on yours... i don't know. The code is good, it's not bugged from that point of view. The deleting order function is programmed to be called only at candle ends, that keeps it from deleting the orders too early. I'll look into it further...

Just to add to the confusion............... Mine cancelled the pending order as per the rules.

13.00 London time (12.00 GMT) was when it cancelled
  • #772
  • Apr 11, 2011 2:39pm Apr 11, 2011 2:39pm
Quoting ronnierott
Just to add to the confusion............... Mine cancelled the pending order as per the rules.

13.00 London time (12.00 GMT) was when it cancelled

me too , and thanks Jubu for the time you have spent on this
  • #773
  • Apr 11, 2011 8:07pm Apr 11, 2011 8:07pm
Got in at 84.51 for USD/JPY and currently at +32 pips :-)
  • #774
  • Apr 11, 2011 9:11pm Apr 11, 2011 9:11pm
This is a fantastic idea and would indeed improve overall r/r

I see he has agreed to add this, I am looking forward
to this version myself!

thanks for the suggestion

Brian

Quoting .Hawk.
jubu ... could i have a RonnieSignals indicator version which considers heikin ashi closes of candles only ...

heikin ashi candle closes (price) instead of usual closes on 1 hr with this strategy has given me less & more reliable signals. Kindly spot yellow check signs on above/below heikin ashi bars.

following are few examples :



http://img14.imageshack.us/img14/1294/57234341.gif

http://img14.imageshack.us/img14/1294/57234341.gif

http://img819.imageshack.us/img819/2316/43772445.gif

http://img62.imageshack.us/img62/8486/38492314.gif

http://img860.imageshack.us/img860/1092/68582449.gif


regards
.Hawk....
  • #775
  • Apr 12, 2011 3:54am Apr 12, 2011 3:54am
Sell stop USDCHF.9013
anyone else
  • #776
  • Apr 12, 2011 3:58am Apr 12, 2011 3:58am
Quoting pret
Sell stop USDCHF.9013
anyone else
Not for me......


Distance from 15 EMA to the low is more than 30
  • #777
  • Apr 12, 2011 4:00am Apr 12, 2011 4:00am
Quoting pret
Sell stop USDCHF.9013
anyone else
Im in , but watch it , could be some retracement on it soon
  • #778
  • Apr 12, 2011 4:12am Apr 12, 2011 4:12am
I am out of USD/JPY at 83.516 with a nice 100pips profit ...
  • #779
  • Apr 12, 2011 4:16am Apr 12, 2011 4:16am
Quoting kool
I am out of USD/JPY at 83.516 with a nice 100pips profit ...
Well done kool
Take it your searching for a new trade now ???

I have about 20 pairs open , if I see anyhthing I will let you know

Haha you may be able to enter USDJPY again very soon
  • #780
  • Apr 12, 2011 4:33am Apr 12, 2011 4:33am
Hello,

Ronnie, could you provide me with some statistics regarding your trading history ? One number I would like to know is the maximum/average consecutive losses/wins you had since you started trading this system.

You wrote in post #13 :

Quote
Have been monitoring for ages and live since Nov 10.
What do you mean by "for ages" ? Months ? Years ?

Thanks in advance,

Khad
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