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HAT Trading method

  • #61
  • Jun 28, 2006 9:27am Jun 28, 2006 9:27am
Quoting cristian
Hi Scott,
I am glad this one could be usefull. It is not mine, I just found it on the web. I was trying to develop a similar sistem, using Kaufman's ama, when I found this thread. So, I wanted to look at Twoblink excellent work and found that the T3 posted here acts "funny".
The default settings of this one are different, maybe you can adjust it like the original.

Regards,
Cristian
Thanks Christian
Much less hyper, all we need now is the proper HA candles and then we're away.
VT Heikins are great, but for various reasons I'm sticking with MT4 so might have to live with the ugly HA candles.

Pete
  • #62
  • Jun 28, 2006 9:53am Jun 28, 2006 9:53am
Hey guys,

Hmm.. The T3, is it really that problematic?? Give me a day or two then, if I have time, I will take a look at the VT one, and then double check the equations online, and see if I can't migrate it into MT4. It is not a difficult equation from what I remember, and it there shouldn't be this inaccuracy and the spasmic movement..
google:
  • #63
  • Jun 28, 2006 10:02am Jun 28, 2006 10:02am
Quoting twoblink
Hey guys,

Hmm.. The T3, is it really that problematic?? Give me a day or two then, if I have time, I will take a look at the VT one, and then double check the equations online, and see if I can't migrate it into MT4. It is not a difficult equation from what I remember, and it there shouldn't be this inaccuracy and the spasmic movement..
Hi 2B,

I'm looking at that right now {VT code compared to original Tilson Code which was apparently written in ELA} but not finished resarch. Have to compare how both of them are calculating LinSlope & LinValue.

This may help you in your research. haven't found the Article as yet.
"Smoothin Techniques For More Accurate Signals", Tim Tilson, S&C Magazine, Traders Tips, 01/1998

This link may also help.
http://www.tssupport.com/support/bas...rticle&id=1418

Just pitchin' in. I'll go back to lurking now.
  • #64
  • Jun 28, 2006 11:14am Jun 28, 2006 11:14am
If you want something done right, you just gotta do it your damn self!!!

SOOOOOOOOOOO....

Twoblink's (should be correct) version of the T3 indicator!!!

I've defaulted everything to match what was in the VT's version, with 8 and 0.7, Close, and EMA.

T3_Period = 8;
b = 0.7;
Mode = 1; //0=sma, 1=ema, 2=smma, 3=lwma
Type = 0; //0:Close 1:Open 2:High 3:Low 4:Median 5:Typical 6:Weighted

Changable... and visually, it correctly matches that of VT.

So throw away everything else, and use this one!!
Attached File(s)
File Type: mq4 Twoblink_T3MA.mq4   2 KB | 1,197 downloads
google:
  • #65
  • Jun 28, 2006 11:17am Jun 28, 2006 11:17am
Just FYI, been working the HAT on the daily's, showing profits on both the GBP and the JPY.

As for stops movement, I move it once a day as well, and I move it generally to "logical support/resistance points on the 1 HOUR chart." Point and Figures charts do a wonderful job defining these areas..

Now that I hope we have gotten the T3 indicator for the MT4 fiasco overwith, I hope you will all help me test this and give me some feedback..
google:
  • #66
  • Jun 28, 2006 11:32am Jun 28, 2006 11:32am
Scott, can you delete your post of the T3 indicator on post #16? Thanks.

cristian, can you delete your indicator in post #58?

Or hopefully, a moderator can do both for me. This will help to keep the number of wrong T3's from floating around.
google:
  • #67
  • Jun 28, 2006 11:40am Jun 28, 2006 11:40am
2B I am the Moderator
Scott


Quoting twoblink
Scott, can you delete your post of the T3 indicator on post #16? Thanks.

cristian, can you delete your indicator in post #58?

Or hopefully, a moderator can do both for me. This will help to keep the number of wrong T3's from floating around.
  • #68
  • Jun 28, 2006 11:49am Jun 28, 2006 11:49am
I see I get fast service on this board!!

Way late, but Scott, hope you test out my new T3 indicator (it's a direct port from the VT) and tell me if you have any new thoughts on it.

And don't be afraid to test it against shorter timeframes. Again, it "should" be timeframe agnostic.. "should" being the operative word here..

My stops are not well defined; not well enough for me. So I will probably be working on some sort of trailing stop for it tomorrow.

In the meantime, "The Sauce" is just working my brain.. I might have to send you a few PM's so you can help me out on it..

Bed time again..
google:
  • #69
  • Jun 28, 2006 12:18pm Jun 28, 2006 12:18pm
Hi Twoblink,

Thanks for your updated T3 MA. It seems to work great on all currencies except the JPY. It's actually not showing up for any of the JPY currencies like USDJPY and EURJPY. I think it has to do with the fact that these currencies have 3 digits before the decimal rather than just 1, and this is somehow messing with the calculations.

Thanks,
dolphin
  • #70
  • Jun 28, 2006 1:10pm Jun 28, 2006 1:10pm
Thanks for that twoblink, it looks like quite an improvement.
I'm away for a short break until 10th July and can't wait to get back and catch up with this thread.
Take care all of you and good trading

Pete
  • #71
  • Jun 28, 2006 6:25pm Jun 28, 2006 6:25pm
For what it is worth...I too noticed the problem with the MT4 indicator and experimented a bit and found that if I used a smoothed moving average with the settings as below, it gives me a similar line to the T3 indicator.

I don't know if I am going to have false indicators using this, so please comment if you like.

I just downloaded the latest MT4 indicator that twoblink fixed for us ( thank you ) and have submitted the picture below to compare the two now.

The red line is twoblinks T3 AND
the yellow is the MA as per the indicated settings.
The chart is EUR/USD Daily.

twoblink, I too get that the indicator doesn't show on the JPY currencies.

Thanks again for your efforts.

http://img250.imageshack.us/img250/4007/t3ma7fm.jpg
  • #72
  • Jun 28, 2006 9:59pm Jun 28, 2006 9:59pm
As I'm not really a MetaTrader4 programmer (nor do I play one on TV),

Twoblink_T3MA USDJPY,Daily: c1 -0.343 c2 2.499 c3 -6.069 c4 4.913 e1 115.7376 e2 0 e3 115.7376 e4 0 e5 115.7376 e6 0

Note that e2, e4, and e6 are zero. Further, if you pulled out the Data Window, you will note that the T3 is floating in value somewhere around the 800's.

The values of any of the XXX.XX values, are too big and so they blow up the indicator.

I am not a MetaTrader guy, and I have no idea who to deal with this within the parameters of MetaTrader.. So someone is probably going to have to go through the MetaTrader help desk or StrategyBuilder, and ask for technical help..

MetaTrader is unable to sustain a 5 level moving average cascade.. So I don't know what else I can tell ya..
google:
  • #73
  • Jun 28, 2006 11:59pm Jun 28, 2006 11:59pm
Hi Twoblink,

I think I found the problem in your code:

Inserted Code
e1 = iMA(NULL, 0, T3_Period, 0, Mode, Type, i);
e2 = iMA(NULL, 0, T3_Period, 0, Mode, e1, i);
e3 = iMA(NULL, 0, T3_Period, 0, Mode, e2, i);
e4 = iMA(NULL, 0, T3_Period, 0, Mode, e3, i);
e5 = iMA(NULL, 0, T3_Period, 0, Mode, e4, i);
e6 = iMA(NULL, 0, T3_Period, 0, Mode, e5, i);

I looked in the Metatrader manual and the iMA() function has this signature:

<table class="docvar" border="0" cellpadding="0" cellspacing="0"><tbody><tr valign="top"> <td><nobr>double iMA(</nobr></td> <td>string symbol, int timeframe, int period, int ma_shift, int ma_method, int applied_price, int shift)</td></tr></tbody></table>
where the applied_price is an enumerated value from 0 thru 6 that represents PRICE_OPEN, PRICE_CLOSE, PRICE_HIGH, etc. In your code, you're passing in the actual value of e1,e2, etc for this field. This is invalid, as it only accepts the enumerations. I think you mean to apply the moving average to the value of e1,e2, etc. but I looked in the manual and can't find a way to do that using iMA(). I'm not an MT4 programmer so I don't really know how to go about fixing this problem.

However, I found another T3 MA in the Forex-TSD thread over here (http://www.forex-tsd.com/indicators-...highlight=t3ma)

This (T3MA mod.mq4) one seems to work but has another problem: it doesn't update. So you'll have to refresh the chart for every new bar to update it. If anyone can fix this problem that'd be great.

Thanks,
dolphin
  • #74
  • Jun 29, 2006 12:20am Jun 29, 2006 12:20am
Hello Dolphin,

No, I was correct in my desired intentions. I wanted to apply the moving average to the moving average of the moving average of the moving average of the moving average of the moving average. (Say that 10x fast!!)

I don't have a login/password to that forum, but if you do and can download the T3_mod.mq4 and post it, I'll take a look at it.

The T3 is not recursive but is regressive in it's measurements.
google:
  • #75
  • Jun 29, 2006 12:49am Jun 29, 2006 12:49am
Hi Twoblink,

Actually, I looked at the code for the T3MA mod and I think I fixed it. I changed this code:

limit=Bars-Periods-1-counted_bars;
to
limit=Bars-counted_bars;

and now it updates properly. I've attached it here.

Thanks,
dolphin
Attached File(s)
File Type: mq4 T3MA_mod_2.mq4   3 KB | 856 downloads
  • #76
  • Edited 2:24am Jun 29, 2006 2:17am | Edited 2:24am
OK first off cuz it's just-a-bublin-out-of-my-heart... I luv this place! It is a breath of fresh air in the craziness of trading forum maddness.

That said, thanks for the above posts on the T3 issue and the EURJPY issue, my dailies have nice pretty lines on them. I am using the T3 mod indicator and it looks very nice and seems to "lag" just a bit smoother than other T3s i've seen.

I'm going to begin at post number 1 tomorrow after my online class is over and read the thread from beginning to end...one more time just to make sure i'm on the same page as everyone.

One of the reasons i'm so interested in a model such as this is that it is not trying to pick a top/bottom but take a slice out of the middle of the trend, and i like that idea. I currently have the HAT in one chart on Daily tf and the GMMA set up on an hourly chart and look at them for trading during the day.

Thanks, i'm going to be demo trading this model w/the gmma-hourly combo this summer.

This is a post script thought, before posting this i read back a few posts and noticed twoblinks comment on the MT4 HA candles not looking so nice? FWIW, I have mine set up the following way and they are nice and pretty:

*Chart set on forground is unchecked in the Common Properties tab (so you don't see the candles if you have bar chart selected)

*Set the Bar Up/ Bar Down color to a contrasting color to your candles so the open/close tag pokes it's head out just as an additional look at the underlying price action.

Thom
  • #77
  • Jun 29, 2006 3:19am Jun 29, 2006 3:19am
I've been sidetracked due to reading a book about the sauce... (yes, there is a book about the sauce!! When I'm done, I'll see if it's good enough to recommend, or if it's just a teaser as well).

That said, the only thing the HAT doesn't have is a trailing stop system that makes me happy.

I can however, say what direction I am going at.. My dynamic trailing stop system from before, moved towards the price (locking in profits) until it is touched, then it resets. The DC's do about the same. So it will probably be some sort of (DC * X%) + Open or Close. This will give dynamic stops that rises and falls with the movement of the price in relation to the price/channel relationship.

I'm thinking something like Open/Close + X * the DC's equivalent of the Bollinger %b.

There isn't as much info on the DC's, but plenty on the BB's, and so I will probably use them as the blueprint.

If the prices are moving up, and fast, I'd like to give them more room. This occurs usually from the AVERAGE of the Open or Close, not just using the Open or Close. the reason is the last candle's influence, is kept to a minor amount of it's averaged, otherwise, a big move will yield a super tight stop, and visa versa, which is not what we wanted to do. But at the same time, a "squeeze" in price, should yield a small and tight trailing stop, that way, if it blows one way and we were right, we make $$$ but if we were wrong, we knew it would move quickly and so we "cut our losses quickly".
google:
  • #78
  • Jun 29, 2006 5:29am Jun 29, 2006 5:29am
Brilliant!
Change Your Thinking. Change Your Life - JD
  • #79
  • Jun 29, 2006 6:43am Jun 29, 2006 6:43am
Does anyone know where I can find a good explanation of how the Heiken Ashi indicator works? I've searched google and I get alot of fourm questions but haven't found a good explanation on how Heiken Ashi works.

Sorry for such a lame question. Most of you sound like rocket scientists on this fourm...lol.

Dave
Dave If you can't swim with the sharks stay out of the water!
  • #80
  • Jun 29, 2006 7:30am Jun 29, 2006 7:30am
Quoting downunderdave40
Does anyone know where I can find a good explanation of how the Heiken Ashi indicator works? I've searched google and I get alot of fourm questions but haven't found a good explanation on how Heiken Ashi works.

Sorry for such a lame question. Most of you sound like rocket scientists on this fourm...lol.

Dave
here is a brief explanation:
http://www.ensignsoftware.com/tips/tradingtips57.htm
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