I'm trying out the HLHB system!

[quote=“Falstaff, post:168, topic:156573”]
Bubo scandiacus ?

[/quote]I don’t live quite that far north, but close enough! :grin:. Santa Claus is still towards the North Pole from here :smile:

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Well, here it is: Huck’s report on last week with the official HLHB:
https://www.babypips.com/trading/forex-hlhb-system-20180716

As I anticipated, the EURUSD chart is very different to my own. Clearly, I cannot replicate the signals that the system is supposed to generate! :frowning: Whereas I had 5 trades, Huck only had one! and that wasn’t until Friday where we did actually agree.

I did mention that my trades 3 and 4 were dubious due to the ADX (and which my own similar method did not agree with) but I do not understand why the long trade opened on 13.7. and the short trade on 17.7.did not register on the official version. Here are the three set-ups side by side - I find it hard to distinguish why those with the red dotted lines (mine) are invalid compared with Huck’s one and only signal on the RHS (which we both registered).MAs cross, RSI crosses and even the ADX is crossing. I do not know how precisely all three of these HAVE to occur precisely on the same candle. In my opinion if the next candle also confirms all three then there is a valid signal. HUCK mentioned in one post that crossovers should have occured “recently”. I am not sure what “recently” means in the context of a mechanical system, but it does at least suggest that all three crosses do not have to occur simultaneously.

The good news is that taking the other two would have earned pips anyway! But I cannot continue “testing” a system where I cannot even confidently interpret the signals correctly! So I won’t continue with this any more.

Hi Manxx , i can only think that she use closed price for the indicator… and dont forget that different broker can have a little difference in the value of indicator… further more she enter only if the condition are meet on the candle that generate the cross…I can not think of anything else … If she can reply will be great and clear

That may explain some differences but, for example, the ADX clearly does not have to cross over the 25 line on the same candle as the cross. If one cannot replicate the same signals then one is not trading the same method… And the results to date from the official report become meaningless.

Yes, i agree with you to a very large extent. Although one does not need to watch constantly, it does require at least checking in every hour, on the hour!

I guess that i am fortunate in that in my time zone the London open is around 8am and the NY close around midnight so most of the active trading (and signals) occurs during “normal” hours. I watch more intently if a signal seems to be likely, but otherwise i only glance at the MT4 on my mobile every hour…but, in theory, one should be checking every hour 24/5! Hmmmmm!

But it is intense when prices are ranging.

yep… waiting a reply from Huck

Yes, I opened a short position in USDJPY, I forgot to closed it last Friday, I just hope no surprise during the weekend.

Come on now, guys!!! What kind of slack routine are we running here???

What kind of example is this for other Newbies here!!!

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HAHAHA! :joy: :joy: I’m sorry I just really didn’t notice! Hahaha. :slight_smile: Usually, when I leave trades overnight, I just get stopped out at one point so :smile: Hahaha. :stuck_out_tongue:

Oh. :frowning: :frowning: I’m not very good at analyzing trades and I just usually jump in whenever I believe the signals are matching the criteria of the system, but I do understand where your frustration is coming from. :frowning: The system has been working really great for me over the past couple of weeks so I guess I’m just gonna go with it. :cold_sweat: It would be great, though, to have answers to the questions you’ve posed regarding the system. :sweat_smile: I hope you still don’t get tired of giving us your two cents! Huhuhu. :frowning:

Hahahaha. :joy: :joy:

I’m very happy to give you guys an update on this surprising trade. :stuck_out_tongue: Haha. :smile: I was able to catch 101 pips! Yaaaay. :slight_smile: The position was @ 1.31459. :smiley:

Right now, I’m still waiting for my indicators to meet the system’s criteria. :smiley:

By the looks of it, I might be able to enter a short position for EURUSD by tonight. :confused: What do you think @anon46773462? Do you think it will continue to go down?

Maybe - if I find anything to say that is worth that much! :laughing:

But as I have said before, I am not actually trading specifically according to this method. It first caught my interest because it is so close to my own method which I have evolved over the years, entirely independently, before I ever came to this site, or any other site. I was so surprised when I first saw this some time back that I thought I would follow how its results compared with my own but it wasn’t creating any other interest here other than the blog itself and I kind of lost interest - but then you came along and started this thread! :smiley:

But the fact that I am not able to replicate the same actual signals in the official version means that my “live” input has no relevance. So I will just watch how you get along with it and just work with my own parameters.

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I already included in my lessons learned close my positions before the market close in Friday afternoon :slight_smile:

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Hahaha! :smiley: But it’s you guys who made it worthwhile since I don’t really know that much yet. :sweat_smile: It’s probably your inputs that also attracted the other members to this thread! :blush: [quote=“Manxx, post:186, topic:156573”]
So I will just watch how you get along with it and just work with my own parameters.
[/quote]
Please watch over us! Haha. :smiley: And you’re always welcome to share how everything’s looking on your end. :slight_smile:

Helloooo awesome BP people. :smile: It’s almost time to sleep over here and I just got to updating now since I was super busy the whole day! :sweat: Although, I did look at the charts every now and then to see if there’s a position I could open. :confused:

So in the end, it was a slow day for me (trading wise lol) and I wasn’t able to put in any trade. :frowning:

I noticed that it’s mostly just 2 of the indicators matching the system’s criteria so I choose to not risk it. :stuck_out_tongue: Haha. :slight_smile: Plus, I also want to stay true to the system.

How about you guys? :slight_smile: Any open positions or trades today? :smiley:

Hello @ria_rose,

Currently it looks the market is ranging and there is no clear trend to be catch by the HLHB, maybe in the morning some indicators will match the criteria.

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Hello @anon46773462,

I was investigating about the strong/weak analysis and found the next link:

https://www.oanda.com/forex-trading/analysis/currency-heatmap

I think is really helpful

Yes, I am sure these kinds of heatmaps are useful, especially for longer-term traders, in identifying pairs with the greatest potential for continuation. The current results here seem to mirror the SW results quite well.

I guess this kind of mapping could be useful with the HLHB if one is not looking to trade all three pairs and only wants to pick the pair with the greatest potential.

One could also use this kind of heatmap if one only specialises in one/two pairs. like me. For example, looking at the EURUSD recently, there has been little movement in a tight range and the heatmaps show them very close together. This tends to suggest and verify a short-term “pip grabbing” trading style rather than a “hold”. If could also suggest dropping to a 15m TF from 1H whereas, when they are show to be trending ,then to also look at the 4H TF.

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Yeah! :confused: I guess up until now, the markets are still ranging. :sweat_smile: Haha. I haven’t looked at USDJPY though? Is it also like that? :smiley:

Hey guys! :smiley: How are you all? :slight_smile: I hope you’re all doing amazing (with non-trading related things as well) :blush: A

Just like what @Alberto.GP said, today was a pretty slow day for me too. :sweat_smile: With the markets ranging and all. I remember @Huck mentioned that she’s working on making the system work better with ranging markets too and I really hope she comes up with something. :smiley: Haha.

For the EUR, the ADX<25 so the moves might just be breakouts. :confused: Hmm. I wonder what our resident EUR expert thinks of this. @anon46773462 :stuck_out_tongue:

I’m watching GBP because I’m just waiting for my RSI to go below 50 to go short here. :smiley:

How about you guys? :slight_smile: