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Hullabaloo

  • #1
  • First Post: Edited 3:25pm Nov 3, 2011 8:46am | Edited 3:25pm
Using the Hull moving average only on the day chart.

Enter after change of color to green. As soon as candle closes enter long open next candle.
stop 1 ATR
close half position after 1 ATR
move stop to BE + 5
2nd position closes by stopping out or when hull color changes to red.

Just the opposite for short.

hull set to 0 method (sma)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: hull.gif Size: 54 KB
Click to Enlarge Name: hull2.gif Size: 49 KB
Attached File(s)
File Type: mq4 HMA_Russian_Color.mq4   4 KB | 540 downloads
File Type: tpl hull.tpl   2 KB | 398 downloads
  • #2
  • Nov 3, 2011 9:08am Nov 3, 2011 9:08am
Thanks for sharing. Will give it a look and see how it goes.

Barry
  • #3
  • Nov 3, 2011 11:03am Nov 3, 2011 11:03am
Looks good. Downloaded and subscribed.
  • #4
  • Nov 3, 2011 11:56am Nov 3, 2011 11:56am
Can you post the custom indicator based on kijun-sen?

Thank you
  • #5
  • Nov 3, 2011 12:22pm Nov 3, 2011 12:22pm
I realized the kijun-sen isn't necessary.
Hull 21, ema (setting mode 1) is more than sufficient.
Kijun-sen just complicated things.

Small losses and big gains are easy with this super simple strategy.
  • #6
  • Nov 3, 2011 12:31pm Nov 3, 2011 12:31pm
I haven't traded this on the 5 min but it looks like it might work.

stop 15.
1st target 15 close 1/2 position
move stop to BE +5
2nd half closes stopped out or change of color.

just opposite for short.

Will be running it on 5 min just to have a look see.
  • #7
  • Nov 3, 2011 12:36pm Nov 3, 2011 12:36pm
What time frames are recommended and what pairs?
  • #8
  • Nov 3, 2011 2:27pm Nov 3, 2011 2:27pm
Quoting ferndog
What time frames are recommended and what pairs?
Day chart best...
Pairs? EU, GU for sure... maybe others. AUDUSD, AUDJPY??
  • #9
  • Nov 3, 2011 2:29pm Nov 3, 2011 2:29pm
Old version was better

Can you repost that one? Or email it to me?
  • #10
  • Nov 3, 2011 2:33pm Nov 3, 2011 2:33pm
Quoting wickedwin
Old version was better
I like this one better. Gets you in the trade earlier, keeps you in.
the kijun-sen blocked a lot of good trades and didn't really keep you out of bad trades...
This is deceptively simple.
Works very nicely on the day chart.
  • #11
  • Edited 3:20pm Nov 3, 2011 2:54pm | Edited 3:20pm
Quoting jiva34
I haven't traded this on the 5 min but it looks like it might work.

stop 15.
1st target 15 close 1/2 position
move stop to BE +5
2nd half closes stopped out or change of color.

just opposite for short.

Will be running it on 5 min just to have a look see.
try hull 55, sma (mode 0)
stop 20,
close 1/2 at 20, move stop to be + 5...

About as close to the holy grail as I'm gonna get...

Looks good real good....
  • #12
  • Nov 3, 2011 3:37pm Nov 3, 2011 3:37pm
Best time is going to be just after London open until London close..for trading the 5 min....
Even though tomorrow is Friday I'm looking forward to test driving this tomorrow.
  • #13
  • Nov 3, 2011 5:44pm Nov 3, 2011 5:44pm
Hey Jiva34. You say trade on daily chart, but your example pictures shows 4h chart. And why didn't you close the trade on the second picture when hull turns red on that long uptrend?

I really like the look of this system. Question: When a new day comes, ATR changes, do you also change the TP and SL accordingly?
  • #14
  • Nov 3, 2011 10:09pm Nov 3, 2011 10:09pm
Quoting alvelino
Hey Jiva34. You say trade on daily chart, but your example pictures shows 4h chart. And why didn't you close the trade on the second picture when hull turns red on that long uptrend?

I really like the look of this system. Question: When a new day comes, ATR changes, do you also change the TP and SL accordingly?
day is the best, but 4hr will work too without changing parameters.
still can use ATR to calculate stops and limits.

Lower time frame stops and limits not using ATR, rather using a set amount.


hull turns red means to look for a signal short or an exit to an existing long, sort of a stop reverse strategy but not in the strictest sense, because there may be times when not trade is open.
  • #15
  • Nov 3, 2011 10:15pm Nov 3, 2011 10:15pm
Thanks. Simple is good.
  • #16
  • Nov 3, 2011 10:42pm Nov 3, 2011 10:42pm
Quoting jiva34
try hull 55, sma (mode 0)
stop 20,
close 1/2 at 20, move stop to be + 5...

Hi Jiva,

It's the setting as attached shown for M5?
Attached Image
  • #17
  • Nov 3, 2011 11:42pm Nov 3, 2011 11:42pm
Okay, I have the strategy of what I want to do, but the finding the appropriate file to use is taking a little more consideration,. Hull looks lovely on a dead chart, because it repaints back to 2 or even 3 candles sometimes.
so forget using hull.
I am using a color ma instead which does not repaint once the candle closes.

the setting for color ma are 21, 4...(lsma)
same strategy just using color ma... on the 5 minute...
20 stop
20 limit for 1/2 position
move stop to be plus some.. (I use 5 pips)
wait for 2nd half of position to stop out or to run and close with a reverse signal...
Attached File(s)
File Type: mq4 MAColor.mq4   4 KB | 290 downloads
File Type: tpl macolor.tpl   4 KB | 310 downloads
  • #18
  • Nov 3, 2011 11:43pm Nov 3, 2011 11:43pm
Quoting sam2vt
Hi Jiva,

It's the setting as attached shown for M5?
forget the Russian hull thing,
for 5m see previous post.
  • #19
  • Nov 3, 2011 11:48pm Nov 3, 2011 11:48pm
....
Attached Image (click to enlarge)
Click to Enlarge Name: macolor.png Size: 207 KB
  • #20
  • Edited 2:09am Nov 4, 2011 1:11am | Edited 2:09am
I have found that the slope of the 5 SMMA price channel (median price) traded with the slope of the channel of higher time frame gives some nice entry signals. The best trades are when slope of higher time frame is steep and price is below higher TF channel for shorts, above for longs.
Attached Image (click to enlarge)
Click to Enlarge Name: mmmmmmmm.jpg Size: 89 KB
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