Swing trading with heiken ashi and stochs | Page 88 | 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

  • #1,741
  • Jun 12, 2012 9:41am Jun 12, 2012 9:41am
[quote=Hugh Briss;5751415]Previously I was advocating trailing the stop more


Thank you, should have read the PDF again because it is in there


John
  • #1,742
  • Jun 12, 2012 9:41am Jun 12, 2012 9:41am
Quoting Hugh Briss
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.
Ok. Many thanks. The channel SMA may be a good idea. I would not have been stopped out on my first AU entry....
  • #1,743
  • Jun 12, 2012 9:52am Jun 12, 2012 9:52am
Quoting Hugh Briss
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.
and what nice is about the channel is that you still use the normal EA for trailing the stop, you just have set it now to the LOW (if you are in a buy) or HIGH (if you are in a sell). Works like a charm.

If anyone is struggling, let me know I can post a screenshot or 2.
  • #1,744
  • Jun 12, 2012 9:54am Jun 12, 2012 9:54am
Quoting normtold
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.

I'll let them run for a bit, there is a bunch of important information coming out tomorrow at 8:30 (GMT -5). Also, I'm bearish on EUR b/c it seems that Syriza seems to be getting people from New Democracy party...

Normtold how many pairs are you trading at once?
  • #1,745
  • Jun 12, 2012 9:58am Jun 12, 2012 9:58am
Quoting Hugh Briss
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.
Thank Hugh! My broker uses 5 decimals (pipette), therefore should I enter 500 instead of 50?
  • #1,746
  • Jun 12, 2012 10:14am Jun 12, 2012 10:14am
Would someone help me please. Which folder do I put the following in.
http://www.forexfactory.com/images/attach/ex4.gif Trail&CloseOrderSLtoMA_EA_[EdwardMunroe].ex4
http://www.forexfactory.com/images/attach/mq4.gif Stoch Crossing.mq4
http://www.forexfactory.com/images/attach/mq4.gif Tick Value Modified 2.mq4
Thanks
  • #1,747
  • Jun 12, 2012 10:16am Jun 12, 2012 10:16am
Is this your sport for picking up the 2nd ?
  • #1,748
  • Jun 12, 2012 10:32am Jun 12, 2012 10:32am
Second position opened – had the wife do it – What a nightmare, she accepted a nasty re-quote – so I opened -10 …. Anywhoooo….
Second position 1.2476 SL 1.2526
Yup I really need to figure out how to work my account during office hours.... Web based? something....
Oh and the wife was all grochie about it too..... LOL.
  • #1,749
  • Jun 12, 2012 10:37am Jun 12, 2012 10:37am
Quoting drzeepfx
Second position opened – had the wife do it – What a nightmare, she accepted a nasty re-quote – so I opened -10 …. Anywhoooo….
Second position 1.2476 SL 1.2526
Yup I really need to figure out how to work my account during office hours.... Web based? something....
Oh and the wife was all grochie about it too..... LOL.
I connect to my home PC via my iPhone. Lots of options VNC is a free one, Logmein is paid.
  • #1,750
  • Jun 12, 2012 10:39am Jun 12, 2012 10:39am
Quoting drzeepfx
Second position opened – had the wife do it – What a nightmare, she accepted a nasty re-quote – so I opened -10 …. Anywhoooo….
Second position 1.2476 SL 1.2526
Yup I really need to figure out how to work my account during office hours.... Web based? something....
Oh and the wife was all grochie about it too..... LOL.
drzeepfx maybe you should try using this: http://www.metaquotes.net/en/metatrader4/mobile_trading
  • #1,751
  • Jun 12, 2012 10:44am Jun 12, 2012 10:44am
Quoting drzeepfx
Second position opened – had the wife do it – What a nightmare, she accepted a nasty re-quote – so I opened -10 …. Anywhoooo….
Second position 1.2476 SL 1.2526
Yup I really need to figure out how to work my account during office hours.... Web based? something....
Oh and the wife was all grochie about it too..... LOL.

Also try TeamViewer, it is free software and you can connect from almost any device.

http://www.teamviewer.com/en/index.aspx
  • #1,752
  • Jun 12, 2012 10:56am Jun 12, 2012 10:56am
Thank you guys for the sugestions : I am all firewalled up - I might have to give in and get a tablet with a DATA plan.... not in my budget just yet
  • #1,753
  • Jun 12, 2012 11:18am Jun 12, 2012 11:18am
Quoting Igorman
Thank Hugh! My broker uses 5 decimals (pipette), therefore should I enter 500 instead of 50?
No, the calculation doesn't need to use that, just put 50 for 50 pips.
  • #1,754
  • Jun 12, 2012 11:19am Jun 12, 2012 11:19am
Quoting digf
Would someone help me please. Which folder do I put the following in.
http://www.forexfactory.com/images/attach/ex4.gif Trail&CloseOrderSLtoMA_EA_[EdwardMunroe].ex4
http://www.forexfactory.com/images/attach/mq4.gif Stoch Crossing.mq4
http://www.forexfactory.com/images/attach/mq4.gif [url="http://www.forexfactory.com/attachment.php?attachmentid=979634&d=1339263958"]Tick...
The top one goes in the experts folder. The other two go in the experts/indicators folder. Restart mt4 and you should find them.
  • #1,755
  • Jun 12, 2012 11:21am Jun 12, 2012 11:21am
Quoting drzeepfx
Is this your sport for picking up the 2nd ?
I want the price to push quite a way away from the first entry before I add on.
  • #1,756
  • Jun 12, 2012 11:21am Jun 12, 2012 11:21am
Quoting Hugh Briss
No, the calculation doesn't need to use that, just put 50 for 50 pips.
Cool! Thanks for clarification
  • #1,757
  • Jun 12, 2012 11:23am Jun 12, 2012 11:23am
Nice to see lots of people helping each other out. It's what I like about this thread, the people we get here.
  • #1,758
  • Jun 12, 2012 11:39am Jun 12, 2012 11:39am
Quoting Hugh Briss
I want the price to push quite a way away from the first entry before I add on.

I like to see 25 to 30 pips seperation.... But it could bepend on the chart, Maybe?

How many pips you talking ?
  • #1,759
  • Jun 12, 2012 11:53am Jun 12, 2012 11:53am
If people are looking for a way to add on to their trades, you could consider a method like this:. You should try to do it when support or resistance is broken. An easy way is to add fractals to the chart (yes I know, more clutter but fractals are quite small and benign looking) you can use the fractal breaks on any chart, but personally, I never go on anything less than the 15M chart so don't qutoe me there. So for instance, you enter on the 1 Hr chart, with 4H or daily confirmation. You can enter and add on using almost any chart in between. If fractals dont make sense to you, barry's support and resistance indicator (easily found in any search) will make things clear and they are the same thing as fractals, but barry's is more invasive to the chart.

Good job on the thread Hugh. I agree, its nice not to have a bunch of nay sayers tryin' to tear things down instead of building and making things better.
"IN CASH WE TRUST"
  • #1,760
  • Jun 12, 2012 12:02pm Jun 12, 2012 12:02pm
Quoting LazyLobster
If people are looking for a way to add on to their trades, you could consider a method like this:. You should try to do it when support or resistance is broken. An easy way is to add fractals to the chart (yes I know, more clutter but fractals are quite small and benign looking) you can use the fractal breaks on any chart, but personally, I never go on anything less than the 15M chart so don't qutoe me there. So for instance, you enter on the 1 Hr chart, with 4H or daily confirmation. You can enter and add on using almost any chart in between. If...
Thank you for the sugestion, I have not ever used them but I would like to test the Fractal theory on some past trades and see if it pans out on the H1 -
0 traders viewing now