AHG - Profitable Strategy for Struggling Traders

Help on limit orders? Watching the NQ tonight I am surprised at the bid/ask spread variations. When placing a limit order what is the best strategy? at current price? 1 tick above/below?

 

Depends how bad you want it.

 

thank you for fixing this problem.


Cokes

 

Thanks NT

very useful...especially the very first paragraph in BOLD

 

Studies>Heikin-Ashi This will open the HA bars in a new study window.

H

 

Hello

Code for Amibroker, Henkin Ashi plus mark's reversal points

Code:

_SECTION_BEGIN("HEIKIN ASHI");

//---- heikin ashi
HaClose = (O+H+L+C)/4; 
HaOpen = AMA( Ref( HaClose, -1 ), 0.3 ); 
HaHigh = Max( H, Max( HaClose, HaOpen ) ); 
HaLow = Min( L, Min( HaClose, HaOpen ) ); 
xDiff = (HaHigh - Halow) * IIf(StrFind(Name(),"JPY"),100,10000);
barcolor = IIf(HaClose >= HaOpen,colorBlue,colorRed);

// Code from Mark1 starts here
reversalL=C > Ref(H,-1)AND(H > Ref(H,-2) OR H > Ref(C,-2))AND (H > Ref(H,-3) OR H > Ref(C,-3));
reversalH=C < Ref(L,-1)AND(L < Ref(L,-2) OR L < Ref(C,-2)) AND (L < Ref(C,-3) OR L < Ref(C,-3));
reversalL = ExRem(reversalL,reversalH);
reversalH = ExRem(reversalH,reversalL);
barcolor = IIf(reversalL, colorWhite, barcolor); 
barcolor = IIf(reversalH, colorYellow, barcolor); 
// Code from Mark1 ends here

PlotOHLC( HaOpen, HaHigh, HaLow, HaClose, "", barcolor, styleCandle ); 
_SECTION_END();

Thanks

 

This appears to be the standard HA bars, are you aware of the code or procedure to modify this indicator in Ensign to match Aneks modified HA Bar indicator ? thank you...

 

Thanks for the reply. Sure people are mostly interested in promising methods, but I would like to exclude this at this point.

Could we discuss probabilities based on risk management and hit rate.

You mentioned that you have a 'negative' risk-reward-ratio. What is your maximum stop and do you mostly use support and resistance to place it? Or the high/low of the signal bar?