Thanks, FiNaLWaR. But it's for 1 min, isn't? I find that 3-line break that could be used for many TFs.
Attached File(s)
Trading with Heiken Ashi and Heiken Ashi smoothed - Hybrid
Dear all,
HA-smoothed is repainted or at least we have to wait for a candle close to make sure its color.
Spot on! HA Smooth (and default) repaints but once it's closed, it NEVER repaints. This is the reason why we make trade decisions based only on closed candles
A trader must be humble - else the market would humble him.
- #270
- Edited 5:49pm Nov 17, 2011 4:37pm | Edited 5:49pm
- | Joined Oct 2011 | Status: In your head, eating your brain | 2,562 Posts
Still alive, but work's been insane the past 2 weeks...no energy to check out charts if I'm doing similar stuff all day at work. BUT, I got the entire next week off, so I'll spend a lot of time digging into the system.
By the way, at the start of this thread I started using MTF HA as confirmation...as it turns out, someone had the same idea and created a system called Invictus. It uses HA candles and the MTF HA...no smoothed HA candles though (although I created a template combining the 2 systems).
I think I finalized my chart setup though...and realized HA smoothed seems to work ok at 15min if you use the MTF and price action as confirmation
http://dl.dropbox.com/u/5156645/Smoo...ictus%20HA.png
The Invictus EA is a simple trailing stop EA...it does nothing more. The reason I use it is, I'll enter trades manually over my Android phone (remote desktop), but don't have time to check too often. I set it to 5pips on 15min chart, and it only starts once I'm up 5 pips. So if I catch a good momentum and once I hit the first 5 pips, I can basically forget about the trade. I use the HA smoothed to visualize entries, and the other indicators as confirmation and to test whether or not a re-entry should be taken or not after a (small) retractment.
By the way, please let me know if you don't want me to talk about mixing other indicators with HA smoothed...don't wanna spam this thread. But I think to make it work for lower timeframes, it's 100% necessary I'm afraid. Too many fake signals if you don't get a "2nd opinion". Also, that Invictus system isn't mine, I just had a read through the forums earlier this week and figured it could work great together with smoothed HA candles
By the way, at the start of this thread I started using MTF HA as confirmation...as it turns out, someone had the same idea and created a system called Invictus. It uses HA candles and the MTF HA...no smoothed HA candles though (although I created a template combining the 2 systems).
I think I finalized my chart setup though...and realized HA smoothed seems to work ok at 15min if you use the MTF and price action as confirmation
http://dl.dropbox.com/u/5156645/Smoo...ictus%20HA.png
The Invictus EA is a simple trailing stop EA...it does nothing more. The reason I use it is, I'll enter trades manually over my Android phone (remote desktop), but don't have time to check too often. I set it to 5pips on 15min chart, and it only starts once I'm up 5 pips. So if I catch a good momentum and once I hit the first 5 pips, I can basically forget about the trade. I use the HA smoothed to visualize entries, and the other indicators as confirmation and to test whether or not a re-entry should be taken or not after a (small) retractment.
By the way, please let me know if you don't want me to talk about mixing other indicators with HA smoothed...don't wanna spam this thread. But I think to make it work for lower timeframes, it's 100% necessary I'm afraid. Too many fake signals if you don't get a "2nd opinion". Also, that Invictus system isn't mine, I just had a read through the forums earlier this week and figured it could work great together with smoothed HA candles
Still alive, but work's been insane the past 2 weeks...no energy to check out charts if I'm doing similar stuff all day at work. BUT, I got the entire next week off, so I'll spend a lot of time digging into the system.
By the way, at the start of this thread I started using MTF HA as confirmation...as it turns out, someone had the same idea and created a system called Invictus. It uses HA candles and the MTF HA...no smoothed HA candles though (although I created a template combining the 2 systems).
I think I finalized my chart setup though...and...
)!Will look forward to seeing your trade ideads/entries posted since you got the whole week off - no excuses! LoL!
Have fun buddy! Have a great weekend!
A trader must be humble - else the market would humble him.
- #274
- Nov 21, 2011 8:27am Nov 21, 2011 8:27am
- | Joined Oct 2011 | Status: In your head, eating your brain | 2,562 Posts
So it seems HA smoothed candles DO work @ 15min if you combine it without an ATR/RmUp/Dn indicator, and a 15min/1hr/4hr MTF HA indicator
Started using MPTM to manage my trades once entered and got a nice +27pips before passing out on the sofa last night. Would have grabbed another 50 pips in the afternoon if I hadn't been asleep...all entry conditions were met
Here's my 15min chart setup:
http://dl.dropbox.com/u/5156645/Scre...2014.24.14.png
And here's my 4hr chart setup:
http://dl.dropbox.com/u/5156645/Scre...2014.23.06.png
As you notice, I now always have regular candles, HA candles, as well as HA smooth candles on my charts. That way I get 3 ways to confirm trades
Started using MPTM to manage my trades once entered and got a nice +27pips before passing out on the sofa last night. Would have grabbed another 50 pips in the afternoon if I hadn't been asleep...all entry conditions were met
Here's my 15min chart setup:
http://dl.dropbox.com/u/5156645/Scre...2014.24.14.png
And here's my 4hr chart setup:
http://dl.dropbox.com/u/5156645/Scre...2014.23.06.png
As you notice, I now always have regular candles, HA candles, as well as HA smooth candles on my charts. That way I get 3 ways to confirm trades
Hi 4exNinja,
I'm a noob so I hope you don't mind me asking some basic questions. I saw your post and it intrigued me.
May I ask what settings you use for the ATR? Also, what is RmUp/Dn ? Lastly, what is MPTM?
Thanks man
James
I'm a noob so I hope you don't mind me asking some basic questions. I saw your post and it intrigued me.
May I ask what settings you use for the ATR? Also, what is RmUp/Dn ? Lastly, what is MPTM?
Thanks man
James
So it seems HA smoothed candles DO work @ 15min if you combine it without an ATR/RmUp/Dn indicator, and a 15min/1hr/4hr MTF HA indicator
Started using MPTM to manage my trades once entered and got a nice +27pips before passing out on the sofa last night. Would have grabbed another 50 pips in the afternoon if I hadn't been asleep...all entry conditions were met
Here's my 15min chart setup:
http://dl.dropbox.com/u/5156645/Scre...2014.24.14.png
And here's my 4hr chart setup:
http://dl.dropbox.com/u/5156645/Scre...2014.23.06.png
As...
- #276
- Nov 21, 2011 11:32am Nov 21, 2011 11:32am
- | Joined Oct 2011 | Status: In your head, eating your brain | 2,562 Posts
For the ATR and RmUp/Dn stuff, check out the "Invictus" thread
The setup is a bit of a mix between Invictus, a Haiken Ashi smoothed system I started looking into, and a chart setup I found in nanningbob's 4hr thread. All of these are good reads
The setup is a bit of a mix between Invictus, a Haiken Ashi smoothed system I started looking into, and a chart setup I found in nanningbob's 4hr thread. All of these are good reads
Hi 4exNinja,
Nice to see you.
What is the band on this chart? I don't think it's BollingerBand, right?
Kind Regards,
Nice to see you.
What is the band on this chart? I don't think it's BollingerBand, right?
Kind Regards,
And here's my 4hr chart setup:
http://dl.dropbox.com/u/5156645/Scre...2014.23.06.png
As you notice, I now always have regular candles, HA candles, as well as HA smooth candles on my charts. That way I get 3 ways to confirm trades
- #278
- Nov 23, 2011 9:44am Nov 23, 2011 9:44am
- | Joined Oct 2011 | Status: In your head, eating your brain | 2,562 Posts
Those are two different Bollinger bands
They come in handy because price often bounces of them...makes it easier to pick good entries/exists.
They come in handy because price often bounces of them...makes it easier to pick good entries/exists.
- #280
- Nov 23, 2011 1:19pm Nov 23, 2011 1:19pm
- | Joined Oct 2011 | Status: In your head, eating your brain | 2,562 Posts
could you say me all indicators you use please
Main chart screen:
2x Bollinger bands
1x Haiken Ashi smoothed
1x EMA (not really needed, just a visual reference)
1x regular candle sticks
1x Higher-high/lower-low/lower-high/higher-low indicator
Side screen 1:
2x Stochiastics (14,3,5 and 7,3,3)
Side screen 2:
1x FX5_Macd_divergence v1.0
Side screen 3:
HAzz2-240 (shows Haiken Ashi candles as a histogram)
All of those indicators can be found on these boards
On a side note, +23.53% today trading EU/GU. Max drawdown was 6.15%. The Haiken Ashi smoothed are a great visual aid that tell you to WAKE UP whenever a move is imminent. Paired with daily pivots, and a few other indicators I mentioned above, it's working great so far. That was trading the 15min and using the 1hr and 4hr as confirmation.
Will try to specify my entry/exit rules a bit better over the coming days.