I use Heiken Ashi + Stoch to make 250+ pips a week

[tymen1]

Organic,

I think as you rightly pointed out, the original poster that started the thread really didn't give anyone enough of his system to actually trade it.

That is why I asked him to post one of his trades in detail.

But I am a school teacher accustomed to detail and he may not have the ability to do this.

I figure once he found it profitable, he decided to quit sharing the method, which is unfortunate.

There could be any number of reasons for his absence.

He may even come back!!

If not then possibly.......

1) He failed at his own strategy and lost all his money - common on this forum.

2) Found too many anomalies and quit.

I very much doubt that he just ran off to make a huge profit.
Most good traders stay here and develop improvements to their strategy!!

If he does not reappear, I may take up this thread at some time (I am very busy on my own Bollinger DNA method - now even on Google!!).

If I take it up, I will teach the correct way to use Heikin Ashi.

For now 2 things should be noted......

1) Heikin Ashi is best suited to short timeframes.

2) Never use Heikin Ashi as a stand alone method - always use support indicators or naked price action with support/resistance lines.

[disbellj]

tymen,

I hope I am wrong, and that the original poster does come back.

I said what I said though because:
1. I have followed this thread for a long time.
2. The poster soon quit posting after the thread began, never really answering any questions he/she was asked (poor etiquette IMHO, since the original poster didn't mind taking up people's time who read the thread, but couldn't be bothered with actual questions).
3. Each time the thread is updated, anyone following it would know, so if the original poster is knowing that people are posting and asking questions (I asked MONTHS and MONTHS ago and never got a response), then either the original posterdoes not care to clarify, or is not following his/her own thread.

Anyways, I doubt anyone (including myself) have waited solely for this thread to pick up steam. I follow it, am interested, but without the original poster, I will probably do as I do now and concentrate on other things that have proven profitable, on threads/forums where people don't mind answering questions about methods on threads they start. I'm not a mind reader, nor should I have to be.

Regards,

Don

That is why I asked him to post one of his trades in detail.

But I am a school teacher accustomed to detail and he may not have the ability to do this.




There could be any number of reasons for his absence.

He may even come back!!

If not then possibly.......

1) He failed at his own strategy and lost all his money - common on this forum.

2) Found too many anomalies and quit.

I very much doubt that he just ran off to make a huge profit.
Most good traders stay here and develop improvements to their strategy!!

If he does not reappear, I may take up this thread at some time (I am very busy on my own Bollinger DNA method - now even on Google!!).

If I take it up, I will teach the correct way to use Heikin Ashi.

For now 2 things should be noted......

1) Heikin Ashi is best suited to short timeframes.

2) Never use Heikin Ashi as a stand alone method - always use support indicators or naked price action with support/resistance lines.

[potaire]

Greetings everyone

I very rarely look at any charts EXCEPT with the Heiken Ashi option enabled. They are soooo smooth! I have quite a few ideas/systems which use the Heiken Ashi (HA). The simpliest is this:

Go with the color---when the color changes you exit.


This is far from perfect, but it is indeed very simple.


Allow me to gather my thoughts--this is the first time I've seen a thread involving HA, and I certainly wish to participate.


Good trading,

Potaire

[potaire]

What's the deal---is this thread dead???

Potaire

[aizazk]

What's the deal---is this thread dead???

Potaire

First post here

I was just reading the whole forum. It's too bad the original poster disappeared without helping us understand better. The thread does seem dead Potaire, but I would like to hear of your recent observations as you mentioned on the 17th

Or if it's mostly different than the strategy introduced here, maybe you should start a new thread, but do let me know if you do!

[stephane02]

Well, I understand why he never came back. The system is so easy to apply and it really works. Just read and try it. Stop guessing as you can backtest/forwardtest it.

I personnally use a variation of the same system and see the outcomes:

[stephane02]

I'm new to the forum so cannot post my MT4 stats page. I will try leaving 5 pertinent posts and I will post the link.

[stephane02]

Anyway, You can ask me whatever you want to apply this strategy. Of course, you can make it yours like I do adding your own beloved indicators or tricks (dojis, price action, support/resistance, fibo, etc...)

[stephane02]

So basically the strategy uses Heiken Ashi indicator with Stochastics (The original author was not using Bolligner Bands anymore as he said it didnt work for him).

I like Heiken Ashi as I use it successfully in my daily trading and it's simple to find trend direction. I was looking for a way of coupling it with another indicator to detect overbought and oversold levels when I found this thread from Google.

[stephane02]

I know I may be missing some points...

1. Entry: You go long (BUY) when: (1) Heiken Ashi candles test without breaking the 4th time (2) Stochastics cross below 50

Short position can be deducted from the above statement...tired of typing... lol