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Freebie 1 min trading method

  • #101
  • Feb 1, 2012 10:55am Feb 1, 2012 10:55am
Quoting whatfx
so much for not using many indicators... !!
I agree!

The beginning of the thread looked promising, but now I'm out of here...
Gentlemen always play by the rules. If they can't, they change the rules.
  • #102
  • Feb 1, 2012 12:07pm Feb 1, 2012 12:07pm
Quoting hharrington
I see that some of you have the visual concept already.
Simple stuff if you just watch the charts. Good Job

For the people that cant spend much time at the charts
Hi HH,
I've a question about this chart. As you can see in my image, one could have taken a long in the point I marked. It would have lead to a loss..... Yes, I know it can happen.... but what I'd like to know is: have I made a correct observation? The price broke trendline, was above the Ma in color, HA smoothed was up, HA mtf was up, Stoch mtf was oversold and pointing up, Macd crossed up, and 3 ball, was surely present at that time.....

Thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: chart no 8b.gif Size: 111 KB
  • #103
  • Feb 1, 2012 1:18pm Feb 1, 2012 1:18pm
Quoting Aztrader2
Hi HH,
I've a question about this chart. As you can see in my image, one could have taken a long in the point I marked. It would have lead to a loss..... Yes, I know it can happen.... but what I'd like to know is: have I made a correct observation? The price broke trendline, was above the Ma in color, HA smoothed was up, HA mtf was up, Stoch mtf was oversold and pointing up, Macd crossed up, and 3 ball, was surely present at that time.....

Thanks!
AZ can you kindly put the indicator and template on the chart above pls 1 question if you go long on that were you put your stoploss?
  • #104
  • Feb 1, 2012 1:22pm Feb 1, 2012 1:22pm
Quoting hharrington
Here is a template with the bbmacd and 15 min HAMA on it. As you can see the 15 min HAMA guides you on the 1 min charts.

The bbmacd is a good trend indicator although I don't use it.

Have fun, if you just look at the gif files 1 thru 11 it pretty much explains what I do with the indicators, and how I use them to facilitate my trading.

HH
HH i just wana ask were you put your stoploss?
  • #105
  • Feb 1, 2012 1:30pm Feb 1, 2012 1:30pm
Quoting ninpojutsu
Another entry for today, +40 pips.

But,against the sema3 of 15 and 5 min TF
HI SIR I'm trying to match your chart but im missing some indicator and my heiken_ashi smooth is not same as yours can you kindly pls post the indicator and template of your chart pls
  • #106
  • Feb 1, 2012 2:56pm Feb 1, 2012 2:56pm
@AZ trader, all of my trades require a 3 ball below, if going long, and a 3ball above if going short, hope that answers your question
  • #107
  • Feb 1, 2012 3:00pm Feb 1, 2012 3:00pm
@ fdpunk
Attached File(s)
File Type: ex4 Heiken_Ashi_Smoothed_Alert.ex4   5 KB | 2,940 downloads
File Type: mq4 Heiken_Ashi_Smoothed_Alert.mq4   5 KB | 3,407 downloads
  • #108
  • Feb 1, 2012 3:09pm Feb 1, 2012 3:09pm
@ favorite and freedom,,,nobody said this was indicator free trading
  • #109
  • Feb 1, 2012 3:10pm Feb 1, 2012 3:10pm
Indicators are optional, you could trade hieken ashi color changes without indicators and still be profitable.
  • #110
  • Feb 1, 2012 3:25pm Feb 1, 2012 3:25pm
Divergence is a strong indicator of a reversal coming
Attached Image (click to enlarge)
Click to Enlarge Name: chart no 12.gif Size: 60 KB
  • #111
  • Feb 1, 2012 3:27pm Feb 1, 2012 3:27pm
an hour or so later
Attached Image (click to enlarge)
Click to Enlarge Name: chart no 13.gif Size: 62 KB
  • #112
  • Feb 1, 2012 4:27pm Feb 1, 2012 4:27pm
Quoting hharrington
an hour or so later
Hi HH one question Whats the setting you use in MTFstochastic and macd complete? thnx
  • #113
  • Feb 1, 2012 4:31pm Feb 1, 2012 4:31pm
Quoting hharrington
@AZ trader, all of my trades require a 3 ball below, if going long, and a 3ball above if going short, hope that answers your question
In this case it's allright, but you can't pretend when you see a chart that a repainting indi was really as you see it in hindsight....
As I said, in that chart the 3 ball is almost sure was there (instead of the 2).... then moved whan a new low is formed.....
  • #114
  • Feb 1, 2012 4:35pm Feb 1, 2012 4:35pm
Quoting fxpunk2011
Hi HH one question Whats the setting you use in MTFstochastic and macd complete? thnx
Macd complete are the standard ones i.e. 12,26,9

MTF Stoch must be set at least a TF higher of your trading one. E.G if you trade 1min stoch > 5min... Or, as HH said, if you trade 15min > stoch 1H and so on..
  • #115
  • Feb 1, 2012 4:51pm Feb 1, 2012 4:51pm
aztrader is right.
That is a false signal.
  • #116
  • Feb 1, 2012 8:03pm Feb 1, 2012 8:03pm
Quoting Aztrader2
Macd complete are the standard ones i.e. 12,26,9

MTF Stoch must be set at least a TF higher of your trading one. E.G if you trade 1min stoch > 5min... Or, as HH said, if you trade 15min > stoch 1H and so on..
thnx AZ your right #3 repaint thats why we need to know where we place our stoploss? until now i still dont know where we place the stoploss, need to have a lower stoploss and bigger gain to be succesful the only problem with this system Looks good when the market is trending, but in a ranging market you will get WHIPSAW
  • #117
  • Feb 1, 2012 8:37pm Feb 1, 2012 8:37pm
hharrington,

Where did you get the skull and bones on your charts?

That looks familiar.
  • #118
  • Feb 1, 2012 9:13pm Feb 1, 2012 9:13pm
And the stoch parameters are 9,3 3.

Quoting Aztrader2
Macd complete are the standard ones i.e. 12,26,9

MTF Stoch must be set at least a TF higher of your trading one. E.G if you trade 1min stoch > 5min... Or, as HH said, if you trade 15min > stoch 1H and so on..
  • #119
  • Feb 1, 2012 9:20pm Feb 1, 2012 9:20pm
Hello HH. I appreciate the job you are doing on this thread -- Thank you.

Please take a look at your experts/log/compatibility file. Heiken_Ashi_Smoothed_alert seems to log a continuous message in this file regardless of whether alerts are set to true or false. This causes the log file to become very large and it slows down MT4. I have not looked at the code because I do not use the alert function in HAS and have replace it with another HAS that does not support alerts. Just a point of interest.

Quoting hharrington
@ fdpunk
  • #120
  • Feb 2, 2012 2:22am Feb 2, 2012 2:22am
Quoting hharrington

When 2 or 3 open lines all get together we are in for a big move in 1 direction


EUR/USD
Hi HH

Regarding this stuff, what are the session open times you use (in GMT time)?

How near must be the lines (in pips) to be considered for the big move?

Thanks!
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