Heiken Ashi on Range Bars strategy

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  • #9494 quote
    mr.brymasmr.brymas
    Participant
    Average

    Hello everyone!

    In my manual trading I use the “Heiken Ashi on Range Bars” indicator a lot and I´ve been trying to come up with a smart and profitable code for ProBuilder.

    As you can see in the picture the gray/blue fields represent bear/bull. I´ve tried to write a code where like “ma2 crosses over heiken ashi cassure(outer line) then buy” but it isn´t very profitable and have huge drawdowns so I was thinking – maybe we can create something together?

    It should work from everywhere between 5min to weekly but I think that it´s better to do something that works on a 5-15min time cause then we dont have to keep our position over night!

    Skärmavbild-2016-06-17-kl.-13.34.20.png Skärmavbild-2016-06-17-kl.-13.34.20.png
    #9516 quote
    NicolasNicolas
    Keymaster
    Legend

    Hi, if you are referring to this indicator : http://www.prorealcode.com/prorealtime-indicators/heiken-ashi-on-range-bar/

    It is made to draw heiken ashi candlestick on range bar only on PRT10.3. So I don’t really understand what you are trying to achieve here 🙂

    #9575 quote
    mr.brymasmr.brymas
    Participant
    Average

    I think that you are misunderstanding. As you can see in my picture below the thick yellow line (cassure) goes on different sides of the price if it´s in an up- or downgoing trend. The green and red colorzones indicates if the price is in up- or downgoing trend.

    Skärmavbild-2016-06-20-kl.-11.52.51.png Skärmavbild-2016-06-20-kl.-11.52.51.png
    #9579 quote
    NicolasNicolas
    Keymaster
    Legend

    Ok, but what indicator is your yellow line?

    #9592 quote
    mr.brymasmr.brymas
    Participant
    Average

    It comes with the Indicator, its named cassure

    Heiken-Ashi-on-Range-Bars.itf
    #9596 quote
    mr.brymasmr.brymas
    Participant
    Average

    Maybe something like this but it´s shitty 😉  If you guys have som ideas of how to improve the code you are free to add stuff, maybe rsi or something?

    HA.itf
    #9599 quote
    NicolasNicolas
    Keymaster
    Legend

    Oh ok, this code has nothing to deal with Heiken Ashi or range bars. It is the indicator for 3 lines break, maybe you could make some research on that kind of price representation and find strategies that go with.

    #9612 quote
    mr.brymasmr.brymas
    Participant
    Average

    Ok I give up! Haha

    The yellow line and the colorzones comes with the indicator I linked that is taken from this webpage. But whatever, for manually trading it´s great.

    Skärmavbild-2016-06-20-kl.-19.16.54.png Skärmavbild-2016-06-20-kl.-19.16.54.png
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Heiken Ashi on Range Bars strategy


ProBuilder: Indicators & Custom Tools

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mr.brymas @mr-brymas Participant
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This topic contains 7 replies,
has 2 voices, and was last updated by mr.brymasmr.brymas
10 years, 3 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 06/17/2016
Status: Active
Attachments: No files
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