Heiken Parabolic Trading System

0.005 for slow parabolic

We can change this step to 0.001 for slow (or to 0.002 - depends on the volatility of the market).

Example - this is slow parabolic with step = 0.005 :

this is slow parabolic with step = 0.001 :

Thanks ND!By the way, Merry Christmas !!!

This is updated template file for the first version of this system (for more information about indicators to download - see first post of the thread)

----

About the settings for slow parabolic:
step can be from 0.005 to 0.002 or 0.001 depends on the volatility of the market for selected timeframe.

This system is using AllTrendEnvelopes Histo_v2.1 600+ indicator
Template is attached. Go to the first post of the thread to download the indicators.

This version is using Digital filters - separate 600+ indicator with the following possible settings:

• FilterType = 0 is FTLM
• FilterType = 1 is for STLM
• FilterType = 2 is RBCI
• FilterType = 3 is PCCI

Template file is attached. Go to the first post of the thread to download the indicators.

Topics include:
- How do pivots work with patterns, along with Pivot Confluence
- Scalping: Counter-trend and with-trend
- Trader vs Programmer
- Trading with and against volatility
- Break out trading vs pullback trading
- Micro patterns and Large patterns
- Choosing the right time frame to trade

Attached is the PDF scalping book mentioned during the webinar.

ND

If you had to choose between all stochastic, alltrend envelope histo and digital filter which would you prefer?

Cheers

Originally Posted by pakeha

ND

If you had to choose between all stochastic, alltrend envelope histo and digital filter which would you prefer?

Cheers

I like it with all stochastic

ND

Good to know.

I have been running it with a 5-2-2 stoch in the same window as the Allstoch in lower TF ( 5 min, 15min) with good success. When the stochs line up in Os/Ob, plus the parabolics lining up as well it is very profitable.

Originally Posted by pakeha

ND

Good to know.

I have been running it with a 5-2-2 stoch in the same window as the Allstoch in lower TF ( 5 min, 15min) with good success. When the stochs line up in Os/Ob, plus the parabolics lining up as well it is very profitable.

what is the best setting all stochastic in TF H1...., please