Advanced strategy#12 (Heikin-Ashi-two-Bar-Strategy)

Where do you find the indicators with the text on them? I have the above ADX and the Heiken Ashi but they don't have any of the text and the same with my stochastic - I can't find a full one. Is there someone I can find this that will work with MT4?

These indicators come without text labels.
The text is added afterwards, manually, to highlight the key moments.

Yes, of course it works with MT4. Compare several Heikin Ashi Indicators on known platforms there and take ADX and Stochs.

Is someone here interested building an EA for MT4?
please write me: forex.swiss[at]gmail.com
Kindest regards
sam

Where do I place my stop losses?

Also does anyone know how I can get the heikin ashi bars on my ninjatrader charts?

I can't place your stop loss.
When I would take a stop loss I would prefere 20/30 points depending on current volatility, the currency and the trend greater TF's (15min, 1h, 4h),.., may be the account deposit.

Stops are normally trailed behind each new Heiken Ashi bar.
The first stop upon entry can be place behind two last bars, but then adjusted if the market moved your way.

For Ninja Heiken bars, here is one indicator:

RHeikenAshi.zip

To Import indicator to NinjaTrader:
1. Download the attached file to your desktop
2. From the Control Center window select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file

Thomas

hi

this looks really good ! can you explain what you mean on the entry by hollow candles & filled candles ? and also with the ADX at 14 does that give the signal too late ? have you reduced this or are you still happy with the setting?

Thanks,
Tom