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| HGI and the 240 H4 Moving Average https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=6340 |
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| Author: | SteveHopwood [ Wed Jul 26, 2023 8:03 pm ] |
| Post subject: | Re: HGI and the 240 H4 Moving Average |
Attached. Add it to your Indicators folder. Just so you know though, that I have come to the conclusion that the moving average filter is not necessary and have abandoned it. I started to code the manager EA today and got into a tangle with actually closing trades following an opposite direction large arrow/blue wavy signal. What passes for my brain eventually gave up. I shall try again tomorrow. My plan is to shut down this thread and start another one featuring the software I have developed to aid HGI trading. For now, just ignore the moving average filter and follow the HGI signals. The attached indi is one you can use under any circumstance I can think of. |
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| Author: | jptwardy [ Thu Jul 27, 2023 12:36 am ] |
| Post subject: | Re: HGI and the 240 H4 Moving Average |
Thank you |
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| Author: | wallywonka [ Thu Aug 03, 2023 4:17 am ] |
| Post subject: | Re: HGI and the 240 H4 Moving Average |
Following with interest, great work Steve! |
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| Author: | youcrazykids [ Thu Sep 14, 2023 4:29 pm ] |
| Post subject: | Re: HGI and the 240 H4 Moving Average |
Good evening Steve, May I ask: the trading method that you describe here seems (mostly) already covered by the original HGB EA if I understand correctly? The grid functionality is there, as are all the trading signals. I do see one difference, whereby the original HGB would close all trades on a range wavy regardless of P/L. The side effect being that range wavies appear/disappear frequently and fleetingly, leading to several small losses. With your approach here, you would appear to be waiting until in healthy profit before considering closing on a range wavy. Is that right? Thanks, YCK |
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| Author: | SteveHopwood [ Thu Sep 14, 2023 8:53 pm ] |
| Post subject: | Re: HGI and the 240 H4 Moving Average |
Yes. It seems to me that yellow wavey's mark the start of a potential range. Who knows where the market will go after that? Not me, that is for sure. I ignore the yellow range markers these days. |
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