I'm not using it the conventional way, I'm overlaying my normal candlestick over Heiken Ashi, that's the way I want it to do actually. I still see the PA of the candlestick with higher TF Heiken Ashi as my background.
Best Regards,
LearnAlways
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AllHeiken-Ashi Trend trading system is on this page.
- AllHeiken-Ashi trend first version is on this post.
- AllHeiken-Ashi trend second version is on this post.
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Just found good indicator here (attached) - Heiken Ashi in Subwindow - indicator for MetaTrader 4. I am not sure that we need it for our sdystem here but just in case ...
Attachment 17881
Attachment 17882
And this is one EA which I found here (attached): HAN - EA for MetaTrader 4
EA is not related to this trading system but it is related to Heikin Ashi for example:
- Sells on bullish HA candle, its body is longer than previous body, previous also bullish, and current candle has no lower wick.
- Buys on bearish HA candle, its body is longer than previous body, previous also bearish, and current candle has no upper wick.
- Exit shorts on bearish HA candle and current candle has no upper wick, previous also bearish.
- Exit longs on bullish HA candle and current candle has no lower wick, previous also bullish.
Attachment 17885
It may be good to use this EA for higher timeframes (D1 for example).
Hi ND,
thanks for sharing
see the attached graph and if we have other way around the entry rules then we might be very profitable...
sell on bearish and buy on bullish...with the same rules you mentioned above...
Attachment 17924
Hi,
Please check out the updated AllHeikenAshi indicator with the new set of MAs and the additional smoothing.
Regards,
Igor
@igorad
Thank you for the update, i m a fan of HA and i love the double smoothing feature.
I prefer to use clasic candles for TA, is there a chance for histogram version, like AllHeikin-Ashi Histo_v2.3 600+.mq4 ?
Hi, thanks for this wonderful indicator.
Is there a chance to make an EA and a tester version out of it like the AllAverages Cross Trader EA and the AllAverages Cross Tester ?
Those two helped me find good parameters for MA Cross and the EA looks promising.
Heikin Ashi Smoothed looks even more promising for automated trading.
That would.be awesome.
Hi Fuchur,
Just FYI: In the Premium Forum you can find the AdvancedParabolicTrader EA which allows to trade using the latest version of the AllHeikinAshi indicator.
Regards,
Igor
Hi
Noticed this input variable:
What if instead of having it as external input, use a current spread value for MinMove. This way, when news happen and spreads are widening, this indicator can possibly reflect that better?Quote:
input double MinMove = 0.0; // Minimum Move in pips
Just a passing thought ...
What is parameter MinMove for HA?
Just the following premium section indicators may be used instead of I_XO_A_H_5d indicator for AllHeiken-Ashi trend second version:
XO
- XO - mtf & alerts - choosable symbol indicator is on this post.
XO - mtf & alerts - choosable symbol 600+ indicator is on this post. This version is for the build 600 and above
- XO - mtf & alerts - choosable symbol ( 2 in 1 ) indicator is on this post.
- XO - mtf & alerts - choosable symbol ( 2 in 1 ) 600+ indicator is on this post. This version is for the build 600 and above
Hi,
Please check out the new AllHeiken-Ashi_Trend first version with all updated indicators and including AlltrendEnvelopes Histogram as filter trade. The old version as i proposed you may find it here AllHeiken-Ashi-Trend First Edition.
The new AllHeiken-Ashi-Trend first edition are having 5 indicators as follow:
1) AllHeiken-Ashi v2.5 600+ indicator for MT4 build 600+ and above. Download from this post.
2) AllPivots v4.7 600+ indicator for MT4 build 600+ and above. Download from this post.
3) BBand_Stop v3.2 600+ indicator for MT4 build 600+ and above. Download from this post.
4) AllTrendEnvelopes_Histo v2.1 600+ indicator for MT4 build 600+ and above. Download from this post.
5) Moving Average standard MT4 indicator set to 50 period with Exponential method.
Trading rules :
Suggested Time frame : 15 or 30min. Intra-day Strategy.
Allheiken-Ashi as trend identifying, blue for buy, red for sell. It can be further confirm with 50 EMA, below 50 EMA sell, above 50 EMA buy.
BBandStop as stoploss placement. Or You can adjust the stoploss with your own risk money management.
AllPivot is potential profit target or adjust your own profit target. Entry also can be made as price enter cross pivot.
I'm attached 2 set of template, one for white background and one for black background.
Here are two chart example with EUR/JPY chart :
Today's trade example, EURUSD & EURJPY 15min chart.
Attachment 24241
Attachment 24242
Attachment 24243
I think we can replace old AllPivots indicators to the latest version:
AllPivots_v4.7 600+ indicator is on this post. This is the updated indicator in which you can disable values of all levels(DescriptionPlace=off).
And this is the updated templates (attached) for the first and the second version of the system.
We can see historical povit by adjusting the following settings in indicator:
Attachment 26242
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So, finally, it looks like that:
the second version -
Attachment 26243
the first version of the system -
Attachment 26244
And it may be some other improvement of the second version: we can replace ... indicator to nonlag_ma_histo_mtfalerts-2_nmc indicator from premium section:
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nonlag_ma_histo_mtfalerts-2_nmc indicator is on this post.
This is the updated nonlagma histogram indicator which able to plot the signal arrows and/or vertical lines when the indicator changes color.
----------------
Why?
To reduce the risk in trading, to make re-enter, and so on.
This is the example - first trade with small loss and the second trade with good profit:
Attachment 26245
Attachment 26246
Hi ND and Matfx,
I started an Ea based on your template
In this EA you will have the basic functions in the EAs developed by Igor.
I put the news filter for filter and order open and close as an option.
Basically this EA work with AllHeiken-Ashi v2.5 600+ and Nonlag , News Filter and Spread Filter.
I need more details about AllPivots v4.7 600+
I put for now only as comment LWMA and Hurst as a future filter
Hurst is an indicator very similar to the TMA. It was observed that Hurst, with period 5 (denoted as
Hurst(5), snakes around Hurst(11). Therefore, if Hurst(5) < Hurst(11), look for BUYs and if
Hurst(5) > Hurst(11), look for SELLs.
LWMA Rule
if ( (bid > lwma60) && (bid > lwma240) )
{
TendenciaLWMA="Buy";
}
else if ( (ask < lwma60) && (ask < lwma240) )
{
TendenciaLWMA="Sell";
}
else
{
TendenciaLWMA="Ranging";
}
Could they help adjust the parameters?
Simple backtest made in EURAUD H1
Regards,
Rogério
Hi ND,
What are the rules for using the Allpivots indicator in EA?
Regards,
Rogério
Basically only allows buy if the price is above the Pivo and sell if the price is below the pivo.
Would you use Allpivo as SL and TP?
If you buy SL = S1
If for sale SL = R1 for example
Attachment 27319
Regards,
Rogério
It depends on timeframe ... if you use yearly pivot so you will have confirmed buy (or confirmed sell) for half a year for example :)
Because pivot is very strong support or resistance level so there are some 'price crossed pivot strategy' confirmed by stochastics or MACD for example.
Ok
I'll put the pivo filter in the EA.
Maybe filtering out Fibonacci zones is also interesting.
If you have time test the EA.
Regards,
Rogério
Hi,
Please check out the updated AllHeikin-Ashi and the new AllHeikin-Ashi subwindow indicators.
Regards,
Igor
Thanks Igor, this is fantastic. Thank you.
Premium section news -
AllHeikin-Ashi subwindow_v2.7 600+ indicator is on this page (premium section link). This is MTF indicator with smooth feature, UptrendColor/DowntrendColor parameters and all kinds of alerts incl email alert and Push Notification. The indicator is having new parameter ShowNextTimeFrame (if true then you'll see the next timeframe).
Please try to use this one for the new MT4.
AlliHeik - expert for MetaTrader 5
EA is using the following indicator: Heiken Ashi Smoothed Oscillator - indicator for MetaTrader 5.
This is good EA with very simple buy/sell signals.
For more information - read this page.
I just checked - and this system still works:
AllHeiken-Ashi Trend trading system is on this page.
- AllHeiken-Ashi trend first version is on this post. Updated template is here.
- AllHeiken-Ashi trend second version is on this post. Updated template is here.
Attachment 43439
Attachment 43440
By the way, if we use H1 pivot in the settings of the indicator and change the chart to M1 timeframe so we can use it for the scalping for example:
Attachment 43442
Attachment 47026
more...Quote:
It is about a method to overcome this challenge by benefiting from the iCustom function and creating your custom indicator following your terms and based on your preferences. We will also see an example, as we will create a custom Heiken Ashi technical indicator and we will use this custom indicator in trading system examples.
Attachment 47135
more...Quote:
Combinations of strategies may offer better opportunities. We can combine indicators together or patterns, or even better, indicators with patterns, so that we get an extra confirmation factor. In this article, we will see how to use Heiken-Ashi charting alongside moving averages as a trend confirmation technique. And then, at the end, we can look at optimization options.
more...Quote:
Nature is an inexhaustible source of inspiration for scientists and engineers seeking to create innovative solutions. One of such remarkable phenomena is mutualism - a mutually beneficial biological interaction between different species. Living organisms participating in mutualistic relationships strive to obtain mutual benefits from this interaction, aimed at the development and diversity of the population.
more...Quote:
In this article, we are excited to introduce the Heikin Ashi technique for trend reversal calculations, adding another layer to our integrated strategy that combines quantitative analysis with classic price action methods. One significant advantage of Heikin Ashi is its ability to filter out market noise, allowing traders to focus on the underlying trend without being distracted by minor price fluctuations. This approach smooths out market fluctuations and ensures that decisions are data-driven, providing a disciplined framework applicable to diverse financial markets worldwide.