Page 1 of 3

MTF HA Strategy

PostPosted: Mon Oct 08, 2012 11:24 am
by Apprentice
MTF HA Strategy.png


Long
All Selected Time Frames must have Long indication.
Short
All Selected Time Frames must have Short indication.

Exit (optinal)

Cumulative (All Selected)
Exit Long
If the sum of opposite indication, for all selected time frames, greater than or equal to Long Exit Limit .

Exit Short
If the sum of opposite indication, for all selected time frames, greater than or equal to Short Exit Limit .

Single Time Frame (Any Selected)
Exit Long
If Any selected time frame have oposite indication.
Exit Short
If Any selected time frame have oposite indication.

MTF HA Strategy.lua
(22.82 KiB) Downloaded 1677 times

Re: MTF HA Strategy

PostPosted: Sat Nov 24, 2012 7:19 am
by efoxlau
Hi,

Thanks for the nice job. Would you please explain what is "Long Exit Limit"?

Thanks


William

Re: MTF HA Strategy

PostPosted: Sun Nov 25, 2012 5:44 am
by Apprentice
if "Long Exit Limit" is set to one.
behaves as a Single Time Frame Exit.

If it is a set of two
Two time frames, must be contradictory to Long.
and so on.

Re: MTF HA Strategy

PostPosted: Tue Nov 27, 2012 10:59 am
by lisa_baby_xx
I wish to trade on H1 charts while using MTF HA Strategy to place trades.

The problem is the strategy does not reflect what the indicator is displaying.
If you could take a look I would be most great-full.
I have attached a screenshot, I hope it will help.

Much Love.
X
lisa.

Re: MTF HA Strategy

PostPosted: Fri Nov 30, 2012 12:16 pm
by amazon1a
Hi Apprentice, I really like this Strategy. I trade the Daily and H4 TFs. Is it possible to modify the choice for Multiple trades to allow for more than 1 but fewer than 5(or more?) trades so that we are opening new trades at the beginning of the move and not towards the end? Also, is it possible to combine this Strategy with another simple Trend filter - perhaps MVA or RSI etc? Whichever would be the easiest to put together.

Re: MTF HA Strategy

PostPosted: Sat Dec 01, 2012 5:14 am
by Apprentice
Your request is added to the development list.

Re: MTF HA Strategy

PostPosted: Mon Apr 15, 2013 3:16 pm
by cengineer
Hi Apprentice

i like this strategy, too.

it would be great, if the entries and exits were at the moment when the selected timeframes
changes the direction (red/green)for the first time (close).

at my tests the entries and exits were often to late.....(selected timeframes green or red over 4-8candles)

much thanks and sorry for my bad english
cengineer

Re: MTF HA Strategy

PostPosted: Wed Apr 17, 2013 2:04 am
by Apprentice
Your request is added to the development list.

Re: MTF HA Strategy

PostPosted: Mon Dec 02, 2013 9:13 am
by coldplay70
Hello Apprentice, this is a nice strategy, but the results on my Backtesting were very bad! I think the fault is in the Backtesting Settings! I only can change the Timeframes from the Heat Map, but not the Timeframe I see on my Chart! For Example: If I have opened my chart in Timeframe 5 Minutes, I could insert the Heat Map in Timeframes 5, 15,30,H1, D1 Minutes and so on. I have attached a Screenshot with an example how the strategy could show some better results. Here are the Parameters for my Strategy:

Conditions for a BUY Trade:
1. All selected Timeframes (5,15,30) in the Heikin Ashi Heat Map are changed into green.
2. Enter a BUY Trade, with the opening Price of the next Candle.
2. Exit a BUY Trade, if the First (5 Minutes) Timeframe in the HA Heat Map has closed in red when the next Candle opened or all selected Timframes has closed in red when the next Candle opened.

Conditions for a SELL Trade:
1. All selected Timeframes (5,15,30) in the Heikin Ashi Heat Map are changed into red.
2. Enter a SELL Trade, with the opening Price of the next Candle.
2. Exit a SELL Trade, if the First (5 Minutes) Timeframe in the HA Heat Map has closed in green when the next Candle opened or all selected Timframes has closed in green when the next Candle opened.

The advantage of these Entry/Exit Rules are:
1. The Strategy enters Trades first, when they are confirmed by the HA Heat Map.
2. The Heat Map could work so as a Filter.
3. I hope the quality of the signals are much better and the Performance Results in Backtesting are much better.

For example, please see the attached Screenshot!Ihope you change these Parameters and I could work with it for sucessfull trading.

Best regards
Coldplay70

Screenshot.jpg

Re: MTF HA Strategy

PostPosted: Tue Dec 03, 2013 3:47 am
by Apprentice
Your request is added to the development list.