Swing trading with heiken ashi and stochs | Page 108 | 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

  • #2,141
  • Aug 2, 2012 12:33am Aug 2, 2012 12:33am
Quoting juliuy
Hugh,

Are you mentioning here "Trail&CloseOrderSLtoMA_EA_v2_[EdwardMunroe]"? I have USDCAD trade open and the price has already closed above EMA 100, but it did not close my trade. I have the right "true" setting for the MA close. Did you have this kind of issue before? I could look at the code, but don't have the source code.

Julius
Maybe a silly question but you did leave the platform open when the candle closed? It works perfectly for me every time.
  • #2,142
  • Aug 2, 2012 1:41am Aug 2, 2012 1:41am
Quoting Hugh Briss
Maybe a silly question but you did leave the platform open when the candle closed? It works perfectly for me every time.
It worked later after I restarted the MT4. Indeed, the platform was closed for awhile. But I thought the EA should at least check every new bar, after MT4 being closed and opened again I ran it for 2-3 hours, and all new candles closed above MA, but EA still didn't close the trade. It only started to work correctly after restart. Anyway, a small issue, thank you for helping.

Julius
  • #2,143
  • Aug 2, 2012 9:59am Aug 2, 2012 9:59am
Thanks HB for the link! My friends who do engineering or computer science suggested me to learn Java first and once I understand algorithms, I can easily pick up C++... So maybe I'll begin with Java (http://www.codecademy.com/ - pretty good website to learn Java if you interested)

And man! This EU spike wiped out 3% of my account! I shorted EU @1.226, put SL @ 1.234
  • #2,144
  • Aug 2, 2012 11:30am Aug 2, 2012 11:30am
Quoting Igorman
Thanks HB for the link! My friends who do engineering or computer science suggested me to learn Java first and once I understand algorithms, I can easily pick up C++... So maybe I'll begin with Java (http://www.codecademy.com/ - pretty good website to learn Java if you interested)

And man! This EU spike wiped out 3% of my account! I shorted EU @1.226, put SL @ 1.234
Thanks for that link, I will look into it.

It's a really good idea not to take large trades anywhere near a major news announcement!
  • #2,145
  • Aug 2, 2012 3:37pm Aug 2, 2012 3:37pm
Quoting Hugh Briss
Thanks for that link, I will look into it.

It's a really good idea not to take large trades anywhere near a major news announcement!
Yeah I payed tuition for my mistake. Won't do it next time!

Ha! HB this website just announced that they are teaching python, I think I will learn it first! http://www.codecademy.com/tracks/python
  • #2,146
  • Aug 2, 2012 3:50pm Aug 2, 2012 3:50pm
Quoting Igorman
Yeah I payed tuition for my mistake. Won't do it next time!

Ha! HB this website just announced that they are teaching python, I think I will learn it first! http://www.codecademy.com/tracks/python
Python?! I'll have a look. Anyway, the purpose of learning c ++ was to get a grounding in the language used in mql5 but I've since found out that it's barely worth learning and it's a shit platform. All my ea's are in mq4 at the moment and I intend to stick with that for as long as possible. Hopefully mt6 will be better!
  • #2,147
  • Aug 2, 2012 11:48pm Aug 2, 2012 11:48pm
Quoting Igorman
Thanks HB for the link! My friends who do engineering or computer science suggested me to learn Java first and once I understand algorithms, I can easily pick up C++... So maybe I'll begin with Java (http://www.codecademy.com/ - pretty good website to learn Java if you interested)

And man! This EU spike wiped out 3% of my account! I shorted EU @1.226, put SL @ 1.234
That is interesting... In my opinion, if someone wants to learn C++ it is definitely better to start with C or C++ itself, no need to learn JAVA first. JAVA is C++ descendent. However, don't know the behind reasoning of your friends.

And for Hugh, yes, knowing C++ would help understand the MQL5 better, but you would spend quite a lot of time in learning C++ basics, and eventually you would find that MT5 is still different from C++. You could also start just with MT5 language tutorials.

But we are getting away from Swing trading with heiken ashi... :-)

Julius
  • #2,148
  • Aug 3, 2012 3:46am Aug 3, 2012 3:46am
yea we did About trades, I think USDCAD, CADJPY is setting up nicely (CAD to devaluate). However, today NFP numbers will come out so I wouldn't want to jump into trading right away (not gonna repeat my mistake)
  • #2,149
  • Aug 3, 2012 7:49am Aug 3, 2012 7:49am
guys I have a problem... I just shorted EU @1.224, Put SL @ 1.228, Then there was some glitch in the system and all of a sudden my I hit my SL but looking at a chart it never reached 1.228 only reached 1.2276. What should I do???
  • #2,150
  • Aug 3, 2012 7:59am Aug 3, 2012 7:59am
Quoting Igorman
guys I have a problem... I just shorted EU @1.224, Put SL @ 1.228, Then there was some glitch in the system and all of a sudden my I hit my SL but looking at a chart it never reached 1.228 only reached 1.2276. What should I do???
get in touch with your broker immediately. Which broker are you using by the way, Igor?
  • #2,151
  • Aug 3, 2012 8:01am Aug 3, 2012 8:01am
Quoting Igorman
guys I have a problem... I just shorted EU @1.224, Put SL @ 1.228, Then there was some glitch in the system and all of a sudden my I hit my SL but looking at a chart it never reached 1.228 only reached 1.2276. What should I do???
during the time of news, spread may be higher
  • #2,152
  • Aug 5, 2012 1:54am Aug 5, 2012 1:54am
Quoting Hugh Briss
Usdchf here.
Hugh, I am trying to understand better what is a smooth pullback and what are the correct entries. Looking at the example of USDCHF H4 setup in the beginning of your thread I noticed that earlier and later after this entry there are some other possible entries. Can you look at them and tell me why they are or are not good entries?

See the charts attached.

1) 04-19: This is a pullback just a little earlier before the one in your example. Looks like a valid signal, isn't it?

2) 04-25: This is also looks like a valid pullback. Only that in the middle of the pullback there are two very small but still red candles, does that invalidate "smoothness"? Also only the second bigger red candle down coincides with stochastic cross. Should it be the setup candle exactly at the same time as stochastic cross for the valid signal?

3) 04-28: Not setup because stochastic cross is not smooth? And because the first reversal candle didn't coincide with stochastic cross?

4) 05-02: What is the problem with this entry? Is it a valid entry?

Thank you very much!

Julius
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCHF 04-19 12am.gif Size: 17 KB
Click to Enlarge Name: USDCHF 04-25 12am.gif Size: 16 KB
Click to Enlarge Name: USDCHF 04-28 04am.gif Size: 17 KB
Click to Enlarge Name: USDCHF 05-02 04pm.gif Size: 18 KB
  • #2,153
  • Aug 5, 2012 2:57pm Aug 5, 2012 2:57pm
Quoting MidnightRun
get in touch with your broker immediately. Which broker are you using by the way, Igor?
I got in touch with my broker and found out there was no malfunction. I have a 3 pip spread on a pair, so when the price reached 1.22771, it hit my SL of 1.22800. I didn't took into account that the chart was just showing bid price. I guess it's fair.

Btw my broker in markets.com. Does anyone know whether they are good brokers?
  • #2,154
  • Aug 6, 2012 12:39am Aug 6, 2012 12:39am
Quoting juliuy
Hugh, I am trying to understand better what is a smooth pullback and what are the correct entries. Looking at the example of USDCHF H4 setup in the beginning of your thread I noticed that earlier and later after this entry there are some other possible entries. Can you look at them and tell me why they are or are not good entries?

See the charts attached.

1) 04-19: This is a pullback just a little earlier before the one in your example. Looks like a valid signal, isn't it?

2) 04-25: This is also looks like a valid pullback. Only that in the...
The first one doesn't look like a closed candle. The others look ok except that not all of the pullbacks are very smooth.
  • #2,155
  • Aug 6, 2012 4:19am Aug 6, 2012 4:19am
Quoting Hugh Briss
The first one doesn't look like a closed candle. The others look ok except that not all of the pullbacks are very smooth.
Thank you! Actually the first one is a closed candle. On FT2 I can move chart candle by candle and stop on every closed candle.

Ha... Getting closer, but still can't define what is "smooth" pullback. Why they are not very smooth?

Julius
  • #2,156
  • Aug 6, 2012 4:25am Aug 6, 2012 4:25am
Quoting juliuy
Thank you! Actually the first one is a closed candle. On FT2 I can move chart candle by candle and stop on every closed candle.

Ha... Getting closer, but still can't define what is "smooth" pullback. Why they are not very smooth?

Julius
I would have wanted a bit more confirmation on that first signal then, not a very convincing turn. You get to be able to read the candles after time and what they are telling you. You get to know what looks right and what looks borderline.

By smooth I mean the price has been pulling back without much spikiness. In a downtrend you want the price to pullback with a series of green heiken ashi candles with flat bottoms until the top where it turns and gives you the signal. I will try and post an example soon but the first signal had the smoothest pullback of them all.
  • #2,157
  • Aug 6, 2012 4:35am Aug 6, 2012 4:35am
Quoting Hugh Briss
I would have wanted a bit more confirmation on that first signal then, not a very convincing turn. You get to be able to read the candles after time and what they are telling you. You get to know what looks right and what looks borderline.

By smooth I mean the price has been pulling back without much spikiness. In a downtrend you want the price to pullback with a series of green heiken ashi candles with flat bottoms until the top where it turns and gives you the signal. I will try and post an example soon but the first signal had the smoothest...
That makes it clearer for me! Thanks, will try to do some more backtesting having what you said in mind.
  • #2,158
  • Aug 6, 2012 2:45pm Aug 6, 2012 2:45pm
A small suggestion. It would be helpful if HB could post a list of current pairs on an established trend and update it weekly.
  • #2,159
  • Aug 6, 2012 6:12pm Aug 6, 2012 6:12pm
Quoting Igorman
I got in touch with my broker and found out there was no malfunction. I have a 3 pip spread on a pair, so when the price reached 1.22771, it hit my SL of 1.22800. I didn't took into account that the chart was just showing bid price. I guess it's fair.

Btw my broker in markets.com. Does anyone know whether they are good brokers?
Igor,
Check out the Forex Peace Army site where they have brokers' ratings and a lot of other very useful things: http://www.forexpeacearmy.com/public/all_forex_reviews.
  • #2,160
  • Aug 6, 2012 7:45pm Aug 6, 2012 7:45pm
Quoting Igorman
yea we did About trades, I think USDCAD, CADJPY is setting up nicely (CAD to devaluate). However, today NFP numbers will come out so I wouldn't want to jump into trading right away (not gonna repeat my mistake)

CAD BH (civic day) on Tuesday too....
1 trader viewing now