DislikedStackhouse
You asked, you have it.( settings: 2,6,3,2 )
Regards
DanIgnored
Thanks Dan !
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DislikedStackhouse
You asked, you have it.( settings: 2,6,3,2 )
Regards
DanIgnored
DislikedI am afraid I'm going to discontinue this thread. The reason now only I have notice why most our trades turned out to be so successful is because of our "confidence" that are leading us to believe the strategy and then hold onto a our trades longer. In a well established trend, even a random entry could earn us pretty much profits if we just jump into the direction of trend. But there is no such lucky scenario in the market to have these wonderful moment every time.
The only thing I would agree is that the MTF analysis is by far the best way...Ignored
DislikedHello AmikaKing. Read thru your nice thread last evening. I am trading another strategy with some success, and will stick with it. For years I bounced from one strategy to another without taking the time to learn to really trade any one strategy. Hence, I am going to stick with what is working for me.
I have spent a lot of time in the past using mtf strategies, so I took the time last evening to put together a multi-time-frame indicator that integrates the signals of your strategy into a single indicator. You will find it attached. I hope...Ignored
DislikedHi EasyRyder,
Could you explain what the 3 colors stand for, thanks.Ignored
DislikedHi EasyRyder,
Could you explain what the 3 colors stand for, thanks.Ignored
Dislikedi knew this lady was over the top confident when she first opened the thread. glad she finally realised the truth. systems with all these indicators dont cut it in the long run. simple support/resistence and candlestick patterns are far more profitable.
oh well, another one bites the dust !! seen plenty of these in the last 3 years.........Ignored
DislikedGreen means that all the enabled signals on all enabled timeframes are pointing long. Red means that all the enabled signals on all enabled timeframes are pointing short. Yellow means that all enabled signals are not in allignment. Play with different combinations -- it is enlightening. I personally think that the 200EMA filter should not be used -- especially on the weekly and daily timeframes. A weekly 200EMA filter can keep you out of trades on the 4H for months. I also have come to believe that mtf analysis using Heiken_Ashi_Smoothed...Ignored
DislikedGreen means that all the enabled signals on all enabled timeframes are pointing long. Red means that all the enabled signals on all enabled timeframes are pointing short. Yellow means that all enabled signals are not in allignment. Play with different combinations -- it is enlightening. I personally think that the 200EMA filter should not be used -- especially on the weekly and daily timeframes. A weekly 200EMA filter can keep you out of trades on the 4H for months. I also have come to believe that mtf analysis using Heiken_Ashi_Smoothed...Ignored
DislikedIt is always easy to pass judgement on others and seldom on oneself. I have received a PM from amikaking stating the reasons why she is closing the thread. Basically, she is not comfortable to learn that some readers are using the trading strategy to trade on live account without making effort in trying to understand the trading strategy on demo account. She does acknowledge that the current strategy is not perfect and it does not help in identifying pullbacks and during prolonged sideway market, some may have the tendency to trade mechanically...Ignored
DislikedI am surprised to find that this thread is still open and I appreciate that you stand out and support my recent idea. I will continue investigate more on my previous studies of doing MTF analysis and hopefully be releasing a new thread to replace this when I feel it is good time to do so. I welcome any criticism on my previous strategy but I must clarify that the reason I'm closing this thread is not because I am not having success with the system itself, but I am seeking new ways to fine tune it without relying too much on Heiken Ashi to make trading...Ignored
Dislikedwithout relying too much on Heiken Ashi to make every trading decision.Ignored
DislikedAmikaKing, I should have given the indi a more meaningful name. I am trading a RENKO strategy, and wrote the indi last night to see how your signals worked on RENKO. I then decoided that it might help your forum, and attached it to my message above without changiong the name. Attached you will find the same ind with a more meaningful name.
Regards,
EasyRyderIgnored
DislikedHi thanks for your inform. The settings are correct but in the template I provided I forgot to put in the Heiken Ashi SW. I have updated the template now. Here you go:Ignored
Dislikedhi ami thanks for nice and simple trading system .i download your tpl but it is not showing chart as like u specially i need your heiken ashi white red confirm indicator which is in 2nd window(above atr)i hope u understand .please help me to set up as u mention and posted chart.looking forward.Ignored
DislikedHello EasyRyder
First, thanks for sharing the indicator which integrates AmikaKing's core trading rules.
I was testing it earlier and I seemed to observed that the indicator would give a confirmation color (red/green) while the higher time frame candles are still in progress and had not closed yet. If this is the case then this indicator could potentially repaint.
Again this is just my initial observation and I could be wrong. I know that you've just created this indicator the other day but can you confirm if this is a repainting indicator or not...Ignored
Dislikedamikaking,
thanks for this system and thread, which you named " A tribute to lawgirl21". Lawgirl21 also left her threads, left the building BUT she left everything intact, not deleting a single post, indicator or template.
As a tribute to lawgirl21 it would be very kind of you to restore everything.
With great respect
Forex37Ignored