Results 1 to 9 of 9
 3 Attachment(s)    

Thread: Heiken Ashi ( yet an other request .. )

  1. #1

    Default Heiken Ashi ( yet an other request .. )

    Hello Funyoo,

    Yet an other request here ( by the way I`m still playing with the 14 simple Ma and the Floor Trader one ) . I know you`ve written some Heiken Ashi EA's before, but here detailled rules that are working pretty well trading manually.

    Conditions to Buy :

    After at least 3 bearish Heiken Ashi Candles, watch for the formation of a bullish candle, when the second bullish appears, place a Buy Stop at the High of the previous bullish candle ( that is the first bullish candle ), and a Stop Loss at the Low of that same candle. If it gets hit, good,otherwise delete the order and wait for the same pattern to reappear . When you're in a trade, trail your stop using the low of the previous candle .

    Conditions to Sell are just reversed .

    Close all Orders open orders when 2 candles in the opposite direction appear .

    Hope you can find some time to integrate it

    Cheers,
    Attached Files Attached Files

  2. #2
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default

    Quote Originally Posted by julz View Post
    Hello Funyoo,

    Yet an other request here ( by the way I`m still playing with the 14 simple Ma and the Floor Trader one ) . I know you`ve written some Heiken Ashi EA's before, but here detailled rules that are working pretty well trading manually.

    Conditions to Buy :

    After at least 3 bearish Heiken Ashi Candles, watch for the formation of a bullish candle, when the second bullish appears, place a Buy Stop at the High of the previous bullish candle ( that is the first bullish candle ), and a Stop Loss at the Low of that same candle. If it gets hit, good,otherwise delete the order and wait for the same pattern to reappear . When you're in a trade, trail your stop using the low of the previous candle .

    Conditions to Sell are just reversed .

    Close all Orders open orders when 2 candles in the opposite direction appear .

    Hope you can find some time to integrate it

    Cheers,
    Hi julz,

    Here is an EA. You will get an error code 130 when the difference between the price and the order open price will be smaller than stoplevel.
    Attached Files Attached Files

  3. #3

    Default

    Excellent, thanks Funyoo, I`ll have a go at it right now

  4. #4
    Member
    Join Date
    Jun 2010
    Location
    USA
    Posts
    386

    Default

    Quote Originally Posted by julz View Post
    Excellent, thanks Funyoo, I`ll have a go at it right now
    Would you post your set file please? I ran the test and it opens many short orders, v v for long side as well. I would like to know what is the logic behind multiple orders .
    I like the idea of after xx bullish candles and entering at bearish candle's confirmation. Also, what TF are you running this system?

  5. #5
    Member
    Join Date
    Jun 2010
    Location
    USA
    Posts
    386

    Default

    Funyoo;
    Is there any way to make sure that we don't get error code 130? Even if I set it to open immediately (not stop order), I am getting an error and missing the order placement. Can grid space interval xx pip option could avoid this error? I see profit potential with this strategy.

  6. #6
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default

    Quote Originally Posted by 4x4me View Post
    Funyoo;
    Is there any way to make sure that we don't get error code 130? Even if I set it to open immediately (not stop order), I am getting an error and missing the order placement. Can grid space interval xx pip option could avoid this error? I see profit potential with this strategy.
    Hi 4x4me,

    Stoplevel option added. If the distance between price and order open price is under stoplevel, order open price = price +/- stoplevel.
    Attached Files Attached Files

  7. #7
    Junior Member
    Join Date
    Nov 2009
    Posts
    5

    Default

    I get the following message when I try to run a backtest on the EA v1.01 " cannot open file\experts\indicators\Heiken Ashi Standard.ex4" Could someone post the indicator file here? Thanks

  8. #8
    Senior Member
    Join Date
    Dec 2008
    Posts
    501

    Default

    download the indicator which is @ the top.

  9. #9
    Senior Member
    Join Date
    Dec 2008
    Posts
    501

    Default

    4x4me , how are going with this EA
    any far ward test on it so far.

Similar Threads

  1. Request Ea Parabolic sar dan Heiken Ashi
    By one_aboed in forum Ideas for expert advisors
    Replies: 0
    Last Post: 03-04-2015, 14:23
  2. Heiken Ashi Indicator Explained What are Heiken Ashi?
    By painofhell in forum Trading discussion
    Replies: 0
    Last Post: 12-21-2014, 23:16
  3. Request: Heiken Ashi + Hammers
    By mfurlend in forum Ideas for expert advisors
    Replies: 2
    Last Post: 06-24-2010, 11:40
  4. Edit Request - Heiken Ashi V3
    By candrick in forum Ideas for expert advisors
    Replies: 2
    Last Post: 01-28-2010, 18:25
  5. Heiken Ashi MTF EA
    By cgldsmth in forum Ideas for expert advisors
    Replies: 2
    Last Post: 11-23-2009, 19:48

Tags for this Thread

4x4me, backtest, candles, ex4, experts, funyoo, grid, heiken ashi, high, indicator, indicators, low, pattern, profit, request, simple, stop, strategy, system, test, time, trader, trading

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •