Does anyone use the heiken ashi indicator? | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading with Heiken Ashi and Heiken Ashi smoothed - Hybrid 362 replies

Heiken Ashi and Heiken Ashi Smoothed EA needed for Renko 11 replies

can anyone make this MTF heiken ashi indicator please 22 replies

Does anyone have heiken ashi EA? 6 replies

EA for Heiken Ashi + Heiken Ashi Smoothed 4 replies

Attachments: Does anyone use the heiken ashi indicator?
Exit Attachments

Does anyone use the heiken ashi indicator?

  • #21
  • Feb 7, 2011 6:33am Feb 7, 2011 6:33am
Quoting tbjohnton
been looking at incorporating Ha candles, thought i'd post to try to revive this discussion. It seems the color of a Ha might be more significant than the color of a shorterm candle(5m or less) so it seems they may be more valuable if trying to trade on shorter time frames than just looking at price action with normal candles.
The longer the time frame you trade the better the candle formations are. Also it meens you smooth out more information. Please remember that HA is a lagging indicator and can be used for trend confirmation but it is not a good entry and exit system, you should use a momentum indicator with HA to help with our enrtries and exits (stochostic, RSI, Parabolic SAR)
REMEMBER during side ways movement and high liquidity HA gives false signals this also a reason to use bigger time frames like daily candles.
  • #22
  • Feb 7, 2011 6:51am Feb 7, 2011 6:51am
Quoting Frik
The longer the time frame you trade the better the candle formations are. Also it meens you smooth out more information. Please remember that HA is a lagging indicator and can be used for trend confirmation but it is not a good entry and exit system, you should use a momentum indicator with HA to help with our enrtries and exits (stochostic, RSI, Parabolic SAR)
REMEMBER during side ways movement and high liquidity HA gives false signals this also a reason to use bigger time frames like daily candles.
One of my friend use HA smoothed only on M30 time frame with 50 pips SL. And he has been very profitable with it. Only 1 loss and 11 wins.

But i also think that another indicator should be used with HA because when he was trading it was a trending market. And i have doubt that in flat market he will suffer losses.
  • #23
  • Feb 7, 2011 3:40pm Feb 7, 2011 3:40pm
Quoting darksorrow
One of my friend use HA smoothed only on M30 time frame with 50 pips SL. And he has been very profitable with it. Only 1 loss and 11 wins.

But i also think that another indicator should be used with HA because when he was trading it was a trending market. And i have doubt that in flat market he will suffer losses.

12 trades doesn't really provide much information to rely on. And you are right - once the markets start to chop, HA will be a loser. HA always looks so tempting to trade on a historical chart, but in the live market, its usually a losing strategy. I use it more for trade management - to stay in trades longer than for triggering entries.
  • #24
  • Sep 24, 2011 12:29am Sep 24, 2011 12:29am
I know this post is about 2 years late...but I DO I DO! and i LOVE THEM! but you shouldnt listen to me...im just a noob! lmao!
  • #25
  • Sep 24, 2011 12:31am Sep 24, 2011 12:31am
Quoting Dredding82
I know this post is about 2 years late...but I DO I DO! and i LOVE THEM! but you shouldnt listen to me...im just a noob! lmao!
Try Heiken Ashi and BAT ATR.

They make a rather decent duo.
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #26
  • Sep 24, 2011 12:53am Sep 24, 2011 12:53am
Quoting effilang
Try Heiken Ashi and BAT ATR.

They make a rather decent duo.

ATR...ADR...same thing...you should check out my freebie thread lol. I make a killing already man.
  • #27
  • Sep 24, 2011 12:57am Sep 24, 2011 12:57am
Quoting Dredding82
ATR...ADR...same thing...you should check out my freebie thread lol. I make a killing already man.
I think i'll pass.
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #28
  • Sep 24, 2011 11:09am Sep 24, 2011 11:09am
Quoting effilang
I think i'll pass.
Nice to see you posting again. i liked your earlier systems. I have used HA and BAT and it did work well.
  • #29
  • Sep 24, 2011 4:22pm Sep 24, 2011 4:22pm
If youre a pro at anything you can do anything. You can trade naked and be a pro at it. You can trade HA and be pro at it. You can trade MA crossovers, MACD, fibo, sup/dem, sup/res, ichimoku, god the list is so long!!!

if you really wanna trade HA, which i honetsly dont recoommend, look up in google "Heiken Ashi Smoothed." its a better version of the normal heiken ashi and gives you better signals. Using it alone though doesnt give much info imho.

i trade sup/dem with science. My advice to you is learn the basics first, then make it all fancy with stuff like HA.
Have I got something on my face, SOLDIER?
  • #30
  • Sep 24, 2011 4:41pm Sep 24, 2011 4:41pm
Someone may be able to use this version of HA bars
Attached File(s)
File Type: ex4 HeikenAshi_DM.ex4   4 KB | 861 downloads
  • #31
  • Sep 24, 2011 5:30pm Sep 24, 2011 5:30pm
trust me man,

HA IS LAGGING AS WITH MoST INDICATORs.

indicators are LAGGING INDIS. oscilattors are LEADING. Indicators are best in RANGING ENVIRONMENT TO DETERMINE BREAKOUTS. Oscillators however ARE BEST IN TRENDING ENVIRONMENTS.

correct me if im wrong.

i used to be an indicator fancy guy, now i trade with only MACD with knowledge of laws of physics, supply demand, elliot wave.
Have I got something on my face, SOLDIER?
  • #32
  • Oct 3, 2011 11:32pm Oct 3, 2011 11:32pm
HA isn't a lagging indicator - it is a type of redrawn candle.

I've used it before and it is helpful. I found it better to just look at what most of the other traders are looking at - normal candles and price actions.
  • #33
  • Oct 5, 2011 10:32am Oct 5, 2011 10:32am
HA is definitely a lagging indicator. Just put it on a 1H or higher TF chart and look for 2 consecutive candles as a signal to take a trade or exit. You will notice very quickly that trends are entered late and exited late.

HA can be used for trade management, but is poor for signals.
  • #34
  • Oct 5, 2011 11:25am Oct 5, 2011 11:25am
Quoting CodeMeister
HA is definitely a lagging indicator. Just put it on a 1H or higher TF chart and look for 2 consecutive candles as a signal to take a trade or exit. You will notice very quickly that trends are entered late and exited late.

HA can be used for trade management, but is poor for signals.
This is a very relative assumption, which relies entirely on the time frame an individual is used to trading.

If you normally trade on D1 charts, but execute an HA based trade on a 1 Hour chart, you will in fact get in earlier than on an H4 chart. So although it does lags as an indicator treated solely from the perspective of a singular time frame, by cross referencing multiple time frames you can in fact attain much more accurate trades.

For example.

Pull up a chart of the AUD/USD with HA enabled.

You will notice that H4 is Bullish, H1 is Bullish, M30 is bullish, M15 is bullish, M5 (The exception) is bearish.

Take the next long on M5 and you'll be in profit, and the execution will be effective.

So yes, it lags, but that depends on how you use it. Everything is always relative, nothing is absolute.
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #35
  • Oct 5, 2011 12:05pm Oct 5, 2011 12:05pm
And as you can see it was a very profitable trade. : )
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #36
  • Oct 5, 2011 1:21pm Oct 5, 2011 1:21pm
HA is a nice indi ( the normal one) but can't be used as a lone trading system,
sometime I use HA in very volatile markets to smooth out the noise,
bewere of Heiken ashi smoothed, NOT profitable!
Bulls are stupid Animals!especially when Im short!
  • #37
  • Oct 5, 2011 4:24pm Oct 5, 2011 4:24pm
Quoting roughtrader
HA is a nice indi ( the normal one) but can't be used as a lone trading system,
sometime I use HA in very volatile markets to smooth out the noise,
bewere of Heiken ashi smoothed, NOT profitable!
You shouldn't make such bold statements, because they are obviously founded on inexperience.

HA is perfectly capable of being utilized as a stand alone system and is extremely profitable when applied correctly.
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #38
  • Oct 5, 2011 7:00pm Oct 5, 2011 7:00pm
People who know how to use HA bars can do quite well with them.

The rag on 'Lagging Indicators' is sort of amusing....., it seems to come from people who are a bit less than with knowledge.

Eg........... many great investors use 200 ma and 50 ma...... hmmm

The lagging indicator stuff is air talk.

There are few people in this forum who can trade from a naked chart..... most use indicators, all of which are lagging....
  • #39
  • Oct 5, 2011 7:33pm Oct 5, 2011 7:33pm
indicators are lagging.

but i have to re-correct my statement,

that you can make profit from indicators. You know it inside out, and dont trade based by it, and from price,

then go ahead.

sorry dudes
Have I got something on my face, SOLDIER?
  • #40
  • Edited 7:58pm Oct 5, 2011 7:37pm | Edited 7:58pm
Quoting roughtrader
HA is a nice indi ( the normal one) but can't be used as a lone trading system,
sometime I use HA in very volatile markets to smooth out the noise,
bewere of Heiken ashi smoothed, NOT profitable!
dude...
its not the system

every loss or profit is YOUR DAMN FAULT.

i base my trades like that,
i dont go around blaming indicators.

Its your fault you even chose to trade something in which you may not know about with, so i mean dont do that.
one u start to realize where loss profit comes from, and learn to admit mistakes, that sir, is your step to success.
Make a mistake, admit you did, learn from it, analyze what shouldnt and should be done, apply it.
damn, even that should be enough to be succesful.
Have I got something on my face, SOLDIER?
0 traders viewing now