by forexdezert » Tue Jun 14, 2011 8:51 am
Hello guys,
I trade on very short time frames. Specifically the 2 minute. Never long term and I have been trying to get a workable strategy for me to use.
In my trading I use the HA Indicator as well as the Regression and Supertrend indicators. Neither this strategy, or the Regression Supertrend Strategy work on short time frames for one very specific reason.... Mainly because these Strategy's wait for the candle to close upon the conditions of change, then it continues to wait until a second candle closes to confirm before the strategies will place a new trade or close an open trade and open a new trade in the opposite direction.
Please, please, For this strategy AND the (Regression Supertrend Strategy)
1. Add the option for the strategy to trade on a 2 minute time frame. (m2)
2. Also please add the parameter Option "Act on Close/Break Out" The option determines should the strategy open a new position when candle closes after a color change, or upon the instant of HA color change (or breakout). (See the trading parameters of ATRStrategy for example. viewtopi ... =31&t=3861)
Right now when trading on shorter time spans the indicator waits for another candle to close, and by that time it has missed the window of profitability.
Or if the Regression Supertrend and HA Strategy can be combined into one strategy that would be awesome!
Thank you.