Rads Reverse MTF HAS - page 22
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ea for HAS indicator
The stein ea was open forum until he pulled alot if not all.
Think he then raised money and went private - offering cheap buy in.
But i would have thought that public contributions would have made it to backup tape.
So i am wondering if the publicly progressed ea's are now somewhere.
Are we allowed to continue a thread and ea development without his permission, and say use last ea from the thread as a starting point?
I do not understand why copy of thread was not reinstated - as many people contributed.
Interesting, flamenco from ForexFactory?
Yep! I need to get away from the 1M and this method intriques me. Seeing good possibilities to keep my sanity here, regardless what the wife thinks!
Heikin ashi?
Do you have a expert heikin ashi smoothed?
I have been trading and testing various systems for the past couple of years and have learned a great deal from all the great traders on these boards. I have even shared a few ideas along the way. Now I would like to start a new thread to share what I believe is the best system I have tried so far. It is a compilation of ideas from a number of others but has it's own unique methods.
One of the key parts as some of you may notice is the use of the Heiken Ashi Smoothed indicator and the MultiTimeFrame Bars as used by Don Steinitz. I have found too often that watching the candles themselves leads me to make impulsive trades when I see what appears to be a breakout move. Don's idea to use the HAS with a line graph has helped me settle down and improve my trading. In fact, if you are familiar with his great system you know he works top down. My system is the reverse as it works bottom up! We start on the lower time frame and look to the higher ones for signals.
This is a MTF system and you can see on the chart what is going on on the other time frames. Every time frame will show you the current and the next three higher time frames for reference.
The indicators on the chart are:
Blue Line - my main indicator. It is a 27 period T3 moving average. I can't explain exactly how a T3 differs but it is much smoother that a regular moving average. As a fan of W. D. Gann, I like his use of the number 9 in his various strategies and I incorporate it wherever possible. Thus the 27 (9 X 3).
Orange Line - 27 T3 on next higher time frame.
Red Line - 27 T3 on next higher time frame.
Purple Line - 27 T3 on next higher time frame.
Maroon Line - 729 EMA. This again is a multiple of 9 (9 X 9). Comparable to the 800 that some others like to use. I find it to be a sort of equilibrium point. Price invariably tends to return to that level. When you see price stalling, check the various time frames and usually you will find that it is the 729EMA on one of them.
Grey line - 2 period smoothed EMA. Represents price action.
HAS and HAS Extension - This gives the main visual indication of the move. I added the extension to help identify false breaks.
Center Window - MTF HAS Bars. These bars show the HAS indicator on the current and next 3 higher time frames.
Bottom Window - T3 Stochastic. Again, somewhat smoother than a regular stochastic. Set to 21-5-3 seems to line up very well with the other indicators.
This is a trend following system and so we look to enter and trade with the current trend on whatever time frame we are looking at. We want to identify reversal points and enter as close to the beginning of a trend as possible and add to our positions when possible.
Reversals are identified by a cross of the T3 accompanied by a color change on the HAS and a matching cross on the stochastics. In order to filter out false trades, look at the Center Window and wait for the first matching color change on the next higher time frame for the entry. When you see all trend lines converge, wait for the breakout indication to take the trade. You will often see all four bars in the center window change color at the same time just as stochastic crosses and a T3 line is crossed. That is a great entry point.
During the move watch for small corrections indicated by a change in color on the HAS but not the extension and on the current MTF Bar. Watch for stochastic to peak and cross back in the original trend direction and for the MTF Bar to resume its original color. This is often a good point to add to your position.
Exits are up to you. I use a combination of Murray Math lines and fib retracements to look for price to stall. Failure to penetrate a higher time frame T3 line or the 729 can also be a good signal to take your profits.
The template is setup to show the correct lines on every time frame so if you are on the 5 min, you will see the 5, 15, 30, and 60 T3 lines. If you are on the 30 min you will see the 30 min, the 60min, the 4hr and the daily T3, and so forth.
The trade system is the same on every time frame but obviously you need to adjust your trade size and stops accordingly. It also works on every pair I have looked.
Anyways, please try it out, and let me know what you think. I will try to answer questions as best I can. The indicators have had the names changed simply to keep them associated with the system but they are freely available elsewhere in this forum and I do not take credit for them.
Thanks and Merry Christmas to all.
Rad.
PS. I added the original Heiken Ashi Smoothed.mq4 file and now the template works right on all my systems.
PS. The tools template is for the eurusd and has my unique settings for various tools. Use them if you like them.Do you have a expert heikin ashi smoothed?
Maybe you should read this thread: https://www.mql5.com/en/forum/176695
Where is it
Here are a few more examples on the 15 min charts for yesterday and today.
My friend where is this expert?
Is very wonderfull
Can you paste for me?
Thanks
Managed to pull my first 15 pips using this system. It was a EU trade on the 1min TF. I'm still trading so no time to post a chart.
+15 - from 12:00 Uk time
+10 - from 13:00 UK time
-10 +10 +15 - from 14:00
MISSED TRADES! from 15:00 +20
+15 from 16:00
I'm sorry this should be in https://www.mql5.com/en/forum/179190
Great Systems
I would like to thank radatats for starting this thread and the great system he shared. I also want to thank deman_emass for sharing his system. I have gained a lot from this today.
Well done for this good work.
Could any of you fine people here (re)post the indicators & template used for this strategy?Thanks!
???
Could any of you fine people here (re)post the indicators & template used for this strategy?Thanks!
If you click here you should find the system zip file.