Swing trading with heiken ashi and stochs | Page 87 | 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

Trendlines with Heiken Ashi and Stochs System 367 replies

Trading the heiken-ashi megapips system. 2 replies

EA for Heiken Ashi + Heiken Ashi Smoothed 4 replies

Attachments: Swing trading with heiken ashi and stochs
Exit Attachments

Swing trading with heiken ashi and stochs

  • #1,721
  • Jun 12, 2012 8:23am Jun 12, 2012 8:23am
Quoting Hugh Briss
I'm short audusd and eurusd.
Hugh what's your exact S/L on audusd?
  • #1,722
  • Jun 12, 2012 8:42am Jun 12, 2012 8:42am
Quoting normtold
So you would look for longs on Gbp/Aud H1 even though D1 has not closed blue yet?
My daily has closed green. (or blue). Maybe your broker closes at a different time?
  • #1,723
  • Jun 12, 2012 8:43am Jun 12, 2012 8:43am
Quoting drzeepfx
I am onboard NICE crosses on H1 and D1 - I placed the trade went to the office - now I have a big green ugly - I might make out ok, the green stick is halfway to my SL...

Sell @ 1.2491 SL 1.2536



PIPS are comeing our way...
Don't panic, it's coming back!
  • #1,724
  • Jun 12, 2012 8:44am Jun 12, 2012 8:44am
Quoting Igorman
Hugh what's your exact S/L on audusd?
I'm stopped out for a 40 pip loss on Audusd but it's going down again, always the way. I am going to wait for a valid signal on this pair now before I contemplate entering again.
  • #1,725
  • Jun 12, 2012 8:48am Jun 12, 2012 8:48am
Quoting Hugh Briss
Don't panic, it's coming back!
Yeah... I am watching it - lots of movement , I like it.... Trust the charts/system.....

Hope to take a 2nd in 7 hours...
  • #1,726
  • Jun 12, 2012 8:51am Jun 12, 2012 8:51am
Quoting drzeepfx
Yeah... I am watching it - lots of movement , I like it.... Trust the charts/system.....

Hope to take a 2nd in 7 hours...
Why 7 hours?! I'm just waiting for the first clean pullback.
  • #1,727
  • Jun 12, 2012 8:52am Jun 12, 2012 8:52am
Quoting Hugh Briss
My daily has closed green. (or blue). Maybe your broker closes at a different time?
Yes I just checked on Vantage and yesterday did close a small green HA candle on D1, not on my live Pepperstrone account though.

As you said it's due to the 1 or 2 hour difference between the 2 brokers closing/opening time.
  • #1,728
  • Jun 12, 2012 9:13am Jun 12, 2012 9:13am
wooohooo seems like this system is working

Also, I don't really understand how tick value modified is working... I've been looking through the thread and couldn't find the explanation...
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2012-06-12 at 6.10.53 PM.png Size: 11 KB
  • #1,729
  • Jun 12, 2012 9:15am Jun 12, 2012 9:15am
Quoting Hugh Briss
Why 7 hours?! I'm just waiting for the first clean pullback.
Cause I am at work ..... I need to explore a brooker with web access..... and how that works......

Like if I have my MT4 up at home with the EA running - and make a web-trade will that show up on my MT4 ?

So as I have said before HB, my life is not forex freindly just yet -

But yes - I bet you get a good pullback over the next 4 hour (just a guess)
  • #1,730
  • Jun 12, 2012 9:17am Jun 12, 2012 9:17am
Quoting Igorman
wooohooo seems like this system is working

Also, I don't really understand how tick value modified is working... I've been looking through the thread and couldn't find the explanation...
Yes, we're getting a nice little push now. That's what we want, a good move away from the 100 sma right at the start and then just leave it to do it's thing for as long as it takes to come back and test it. By the time the first pullback forms the first trade should be at break even or better.
  • #1,731
  • Jun 12, 2012 9:17am Jun 12, 2012 9:17am
Quoting Igorman
wooohooo seems like this system is working

Also, I don't really understand how tick value modified is working... I've been looking through the thread and couldn't find the explanation...
Well done, are you setting a take profit or are they partial take profits?

Had a few s/l hit today. 3rd time lucky with E/U, SL, BE the stopped, BE and running.

E/J second time got to BE, Eur/Aud and Gbp/Chf going well.
  • #1,732
  • Jun 12, 2012 9:19am Jun 12, 2012 9:19am
Hugh
When the stop loss EA kicks in must I leave it running for the due of the trade or must I make adjustments as the trade progress in my favor - still a grey area there for me.

Thanks for your help

John from Durban
  • #1,733
  • Jun 12, 2012 9:22am Jun 12, 2012 9:22am
Quoting Igorman
wooohooo seems like this system is working

Also, I don't really understand how tick value modified is working... I've been looking through the thread and couldn't find the explanation...
Sorry, didn't answer the second bit. Tick Value Modified just tells you how many lots to risk on each trade. The settings I use are 50 pips at 3%. You can vary that if you want in the settings. It also tells you the spread of the pair you are looking at. It's calculated using the closed balance not the equity.
  • #1,734
  • Jun 12, 2012 9:25am Jun 12, 2012 9:25am
Quoting drzeepfx
Cause I am at work ..... I need to explore a brooker with web access..... and how that works......

Like if I have my MT4 up at home with the EA running - and make a web-trade will that show up on my MT4 ?

So as I have said before HB, my life is not forex freindly just yet -

But yes - I bet you get a good pullback over the next 4 hour (just a guess)
Yes, it should be possible to place a trade using a mobile phone or whatever device and then your home pc will deal with the stop, etc.

What job do you do, can you take a laptop to work with you?
  • #1,735
  • Jun 12, 2012 9:26am Jun 12, 2012 9:26am
Quoting drzeepfx
Cause I am at work ..... I need to explore a brooker with web access..... and how that works......

Like if I have my MT4 up at home with the EA running - and make a web-trade will that show up on my MT4 ?

So as I have said before HB, my life is not forex freindly just yet -

But yes - I bet you get a good pullback over the next 4 hour (just a guess)
I could train the wife to make a trade maybe - but then she might stop cooking and figure out how many dollars this is translating too..... That’s not good for anyone, is it? Imagine the shopping.....
  • #1,736
  • Jun 12, 2012 9:26am Jun 12, 2012 9:26am
Quoting jmcl
Hugh
When the stop loss EA kicks in must I leave it running for the due of the trade or must I make adjustments as the trade progress in my favor - still a grey area there for me.

Thanks for your help

John from Durban
Previously I was advocating trailing the stop more aggressively as the trend develops but after back testing I believe it will be more profitable long term to just trail the stop behind the 100 sma and leave it. The only thing you need to do is look for add on trades.
  • #1,737
  • Jun 12, 2012 9:27am Jun 12, 2012 9:27am
Quoting drzeepfx
I could train the wife to make a trade maybe - but then she might stop cooking and figure out how many dollars this is translating too..... That’s not good for anyone, is it? Imagine the shopping.....
You have a valid, if wildly sexist, point!
  • #1,738
  • Jun 12, 2012 9:35am Jun 12, 2012 9:35am
Hugh,

When you trail with 100 SMA, do you still maintain the 20 pip buffer ?

Still holding AU, but I don't like it, it has been so choppy today......
  • #1,739
  • Jun 12, 2012 9:38am Jun 12, 2012 9:38am
Quoting Phiksalamuk
Hugh,

When you trail with 100 SMA, do you still maintain the 20 pip buffer ?

Still holding AU, but I don't like it, it has been so choppy today......
Yes, usually I would trail the stop 20 pips behind the 100 sma and use the close on ma function to close if the price closes the other side of the 100 sma. Would have saved me some money this morning if I'd had a pc on. Nevermind.

I am looking at the idea someone posted a few pages a ago about using the 100 sma of the high and the 100 sma of the low as a channel and trailing behind the opposite side of it for 10 pips or so. I like the idea of that, a moving channel of support and resistance.
  • #1,740
  • Jun 12, 2012 9:38am Jun 12, 2012 9:38am
Quoting Phiksalamuk
Hugh,

When you trail with 100 SMA, do you still maintain the 20 pip buffer ?

Still holding AU, but I don't like it, it has been so choppy today......
Audusd has been a little choppy today but seems to be moving down now.
1 trader viewing now