do people have problems using this system in choppy markets ?
obviously works when it trends but I find it difficult to stay in a trade when the market just goes up and down and in no direction.
Can this be avoided ?
Many thanks
p.s. this is in reference to the GU market right now which is so choppy
Trad is still active. I am waiting for up move. SL is below 3semaphore and is not reached by price yet.
Dont worry about BB , it is blue again. Most important for direction are MTF indicators.
in the early posts (e.g. post #32), HH showed to trade just in the direction of the "slow" MA (34 or 50 for TF > H1).
Recently I see that:
* this indicator was not cited in the OO rules
* HH: you're no longer using it: post #257
* Other successful traders here like truchtzero are not even painting it anymore on their chart.
I think it is a good idea skipping it, actually, because I have the impression several times this slow MA let you in at the end of the swing, on short TF, i.e. where the next reversal is just waiting for you to be eaten off.
I would also like to remind that, in spite of the fact of the semafor being probably a very good "leading indicator" for real time trading, it is absolutely important NOT to use it for looking back at past trades. It would surely give a wonderful impression of majestic trades, because you'll see the 3 ball in the past just at the place it decided to settle, after having moved several times. (Note that I am NOT using the word "repainting!!!!").
Fortunately, looking around, I found the attached indicator, which leaves a "trace" of all the positions where, during "history", the 3 ball appeared. From the pick, you might see that this behavior of the 3 ball "real time" would have prevented some otherwise very nice trade (because, at the time of entry, it would have been just ABOVE the entry signal). Sometimes it happens that "real time" the ball gives some bad signals...
I would also like to remind that, in spite of the fact of the semafor being probably a very good "leading indicator" for real time trading, it is absolutely important NOT to use it for looking back at past trades. It would surely give a wonderful impression of majestic trades, because you'll see the 3 ball in the past just at the place it decided to settle, after having moved several times. (Note that I am NOT using the word "repainting!!!!").
Fortunately, looking around, I found the attached indicator, which leaves...
Ignored
Thanks for the info, and you are correct, the trade pictures do not represent what actually happens in real time.
But since this is about trading Heiken Ashi candles, and everyone knows semafors repaint, and move up or down with the trend when it changes, why don't you do as i suggested in the thread and put some HA candles on a line chart and watch for a while.
Nobody suggested trading 3 balls, only trade when direction has been established
In your illustration if you had stayed in the trade in the direction of the heiken ashi candles you would have booked a lot of pips.
Thanks for the info, and you are correct, the trade pictures do not represent what actually happens in real time.
But since this is about trading Heiken Ashi candles, and everyone knows semafors repaint, and move up or down with the trend when it changes, why don't you do as i suggested in the thread and put some HA candles on a line chart and watch for a while.
Nobody suggested trading 3 balls, only trade when direction has been established
In your illustration if you had stayed in the trade in the direction of the heiken ashi candles...
Ignored
Hi HH,
thank you very much for your reply, but sorry, very respectfully: I wouldn't have been into that trade, because the BB was red up to that point, and the rules would have kept me out.
As soon as the BB became blue, a 3 ball would have popped up above the price line. I know we are not trading the 3ball "per se".
