Forex
Google
New signals service!

Go Back   Forex Trading > Downloads > Manual trading systems


Register in Forex TSD!
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time).
Click here to register and get more information

Reply
 
LinkBack (25) Thread Tools Display Modes
  #21 (permalink)  
Old 08-26-2006, 02:45 AM
Member
 
Join Date: Apr 2006
Posts: 30
Cafedacruz1 is on a distinguished road
HI FXC , Where are you.........
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  2 links from elsewhere to this Post. Click to view. #22 (permalink)  
Old 08-26-2006, 03:31 AM
fxcruiser's Avatar
Senior Member
 
Join Date: Jul 2006
Posts: 875
fxcruiser is on a distinguished road
HAMA PAD Trading Guidelines

Here are the basic HAMA PAD Trading Guidelines right on the attached chart. Stop loss is set 10-20 pips from the other side of the band. If I have missed anything, I will add it on at later time.

Again, this first phase is a trend trade setups. Please take a look at this simple trading approach and give me your feedback. I appreciate everybody's participation.

HAMA PAD indicators and template are on this post.

ENJOY!

fxcruiser
Attached Images
File Type: jpg Image#7 HAMA Basic Trading Guidelines.jpg (214.8 KB, 7164 views)
Attached Files
File Type: zip HAMA PAD v.1 - 0801.zip (187.7 KB, 1236 views)

Last edited by fxcruiser; 01-11-2008 at 08:51 AM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #23 (permalink)  
Old 08-26-2006, 03:49 AM
fxcruiser's Avatar
Senior Member
 
Join Date: Jul 2006
Posts: 875
fxcruiser is on a distinguished road
Quote:
Originally Posted by pipsnaper
.... we can contribute to the development. Also please let us know if you're trading live with this system or forward testing on demo. Any additional related info on the HAMA PAD system would be fantastic. Thanks for your efforts!!
pipsnaper, thank you for your interest in HAMA PAD.

Some of the potential trade signals are entered live with OANDA. While forward testing on demo is done with North Finance. I am expecting to do live trading with North Finance when I get back to the USA and after I get my much needed rest.

I will keep the group posted either via this forum thread or email. ENJOY!

fxcruiser
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #24 (permalink)  
Old 08-26-2006, 04:13 AM
fxcruiser's Avatar
Senior Member
 
Join Date: Jul 2006
Posts: 875
fxcruiser is on a distinguished road
Quote:
Originally Posted by Linuxser
raff1410 is the author of this HA mod right?, the VQ indicator made by him could be interesting to act like a filter.
I have attached and if you only take the trades according with positive or negative volatility, you could stay out from false signals or sideway market.
Adding some ema cross could help to get into the trade a little early before prices goes out ema channel. Im testing two ema cross, one for 15/30m and another for h1.
Dont like to have many indicators, but I like to filter fake signals.

Dou you have some link to read about EMA channel?
Linuxser, due acknowledgement was extended to raff1410 on my first post. VQ is definitely a good filter and a confirming indicator. HAMA PAD is a clean chart. With my basic trend trading, I don't use any confirming indicator. At times, however, I will attach the HAMA S/R Levels.

HAMA by itself has a built in filter from what I can observe. You just have to keep a good eye on it. Notice how the size of the HAMA bar changes as affected by the price action and the trend itself. The EMA channel was just a bonus item on the HAMA PAD. It makes the potential trade enty more visible and easier to recognize.

What are the other 2 emas do you use? Try 3 or 5.

Thank you for your interest in HAMA PAD and your contribution to this thread.

fxcruiser.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #25 (permalink)  
Old 08-26-2006, 05:01 AM
Senior Member
 
Join Date: Jan 2006
Posts: 135
radicalmoses is on a distinguished road
Hi,
Well, I think the modified version is even more cleaner then the older version. I plan to use it on 30min charts and just go for 20pips/day and trade maybe 2-3 pairs. Lets see how it goes.
FXC,
I must admit it was good thinking outside the box.This filter of the bands is well thought of.Nothing is perfect and trend trades do suffer during sideways movement. Thats a sad and ugly truth.
I think there is going to be a lot of interest.
With the HA mod version, at one glance you know which side you need to be on, either the long or short. Takes away a lot of confusion of trying to see when the trend is started and when it has reversed.
I read somewhere that HA was used by some Japanese traders who made a fortune with the HA chart.
First there was the bar chart, then came the candlestick. Then came HA and renko chart. Finally came the HA-mod.
Let us see how this works out.
__________________
www.elogfx.com
Forex Trading Journal for forex traders
Free 7 day Trial
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #26 (permalink)  
Old 08-26-2006, 06:56 AM
Linuxser's Avatar
Moderator
 
Join Date: May 2006
Location: Helliconia (Spring)
Posts: 2,753
Blog Entries: 30
Linuxser has disabled reputation
Quote:
Originally Posted by fxcruiser
Linuxser, due acknowledgement was extended to raff1410 on my first post. VQ is definitely a good filter and a confirming indicator. HAMA PAD is a clean chart. With my basic trend trading, I don't use any confirming indicator. At times, however, I will attach the HAMA S/R Levels.

HAMA by itself has a built in filter from what I can observe. You just have to keep a good eye on it. Notice how the size of the HAMA bar changes as affected by the price action and the trend itself. The EMA channel was just a bonus item on the HAMA PAD. It makes the potential trade enty more visible and easier to recognize.

What are the other 2 emas do you use? Try 3 or 5.

Thank you for your interest in HAMA PAD and your contribution to this thread.

fxcruiser.
The problem of EMAs cross is you need different periods for different timeframes. So I discarded because this method is valid on any timeframe.

And when I posted my knowledge about what coming on, was pretty poor. Now, after read the explanation on the chart things are more clear.

I just viewed that, if you open the trade on m15, after a couple of hours a change in HA appears but before close the trade switch to another timeframe, like 30m or h1 and. The trade could be maintained open until something changes on a big timeframe.
If you, lets say, sell 3 lots, close one at the first change on m15, close the second at the first change on m30 and the thirdest on h1.
GBP since Aug 18 to 21 is a good example.
__________________
Elite Manual Trading | Portfolio | Calendar | Suggestions to improve the forum | My Blog

Remember: Signatures must have three lines as maximum
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #27 (permalink)  
Old 08-26-2006, 07:00 AM
fxcruiser's Avatar
Senior Member
 
Join Date: Jul 2006
Posts: 875
fxcruiser is on a distinguished road
Quote:
Originally Posted by radicalmoses
Hi,
Well, I think the modified version is even more cleaner then the older version. I plan to use it on 30min charts and just go for 20pips/day and trade maybe 2-3 pairs. Lets see how it goes.
Sure is. The modified version HAMA gives us a much cleaner PAD. I like you mindset, M30, 20pips/day, 2-3 pairs. The HAMA can be applied I would say from M15 to D1. I personally prefer M15 or M30, 2-3 lots w/ runner, exit at certain pips and if the trend is strong enough, the runner can take it to the higher TF for longer term trade.

Quote:
FXC,
I must admit it was good thinking outside the box.This filter of the bands is well thought of.Nothing is perfect and trend trades do suffer during sideways movement. Thats a sad and ugly truth.
I think there is going to be a lot of interest.
For a while I was box in this FX trading, looking for a clean, simple way to look at the chart and make trade decision. I have seen chart samples with so many confirming indicators on it that it confuses me. Guess what, I did the same thing though with not much improvement on results. HA came into the picture and "my infamous" F89 indicator and I became an avid trend follower.

Bands, like you said, makes potential trade entries very visible. If you watch the HAMA, you will recognize the NTZ or no trade zones which will stop you from trading the sideways movement, unless you are scalping for 3-8 pips. We will have something else soon thrown into the PAD which will give us an early signs of NTZs.

Quote:
With the HA mod version, at one glance you know which side you need to be on, either the long or short. Takes away a lot of confusion of trying to see when the trend is started and when it has reversed.
Now, this is like 4x Made Easy without really trying. HAMA PAD, live and in color. It is so simple, a beginner's toy. 4K anyone?

Quote:
I read somewhere that HA was used by some Japanese traders who made a fortune with the HA chart.
Who knows? Someday, someone else maybe reading about the group of HAMA Traders making their fortune.

Quote:
First there was the bar chart, then came the candlestick. Then came HA and renko chart. Finally came the HA-mod.
Let us see how this works out.
Don't forget about the clouds, the Ichimoku. ENJOY!

fxcruiser
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #28 (permalink)  
Old 08-26-2006, 05:08 PM
Dan7974's Avatar
Senior Member
 
Join Date: Jul 2006
Posts: 264
Dan7974 is on a distinguished road
Where can I get these indicators??? I would really appreciate it if someone would help. Thanks.

Thnak You,
Dan.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #29 (permalink)  
Old 08-26-2006, 05:51 PM
Junior Member
 
Join Date: Jul 2006
Posts: 16
caventou is on a distinguished road
Quote:
Originally Posted by Dan7974
Where can I get these indicators??? I would really appreciate it if someone would help. Thanks.

Thnak You,
Dan.
Just pm fxcruiser Dan, he would be glad to help you Welcome aboard!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #30 (permalink)  
Old 08-27-2006, 12:55 AM
Linuxser's Avatar
Moderator
 
Join Date: May 2006
Location: Helliconia (Spring)
Posts: 2,753
Blog Entries: 30
Linuxser has disabled reputation
Ntz

Greetings

About NTZ, do you mean to when the bars are inside the EMA channel, and/or, the open/close is inside the EMA channel, right?

One filter to use could be trade time. IE: do not trade before/after London/NY sessions.

Cheers
__________________
Elite Manual Trading | Portfolio | Calendar | Suggestions to improve the forum | My Blog

Remember: Signatures must have three lines as maximum
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Bookmarks

Tags
hama pad, Spiritfriends, HAMA Z3, Ravifxfisher

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off
Forum Jump

LinkBacks (?)
LinkBack to this Thread: http://www.forex-tsd.com/manual-trading-systems/3426-hama-pad-simple-trading-approach.html
Posted By For Type Date
????????????FX??(?) This thread Refback 08-28-2008 07:49 AM
MT4????????????MTF?????????FX??(?) This thread Refback 08-27-2008 01:41 AM
??????FX??(?) This thread Refback 08-27-2008 12:51 AM
Diskuzn frum Financnik.cz :: Se Sidem o Forexu :: Heikin-ashi This thread Refback 02-25-2008 10:04 PM
Onix > Комар , КОТ и т.д. Post #22 Refback 02-19-2008 12:53 PM
ړϐɂ‚Č荇X1{ This thread Refback 02-17-2008 03:57 AM
Комар , КОТ и т.д. - Onix (Страница 1) Post #22 Refback 01-31-2008 06:02 AM
HAMA PAD H2 - The Goose: November 2006 This thread Refback 11-28-2007 09:53 AM
HAMA PAD H2 - The Goose: October 2006 This thread Refback 11-13-2007 12:55 AM
Forex TSD| Metatrader Indicators and Experts Advisors This thread Refback 11-10-2007 06:30 PM
Diskuzn frum Financnik.cz :: Se Sidem o Forexu :: Heikin-ashi This thread Refback 10-08-2007 10:48 AM
webstats.motigo.com - This site's statistics / How do visitors come to my site This thread Refback 09-13-2007 09:00 AM
ړϐɂ‚Č荇X1{ This thread Refback 09-11-2007 06:02 AM
ړϐɂ‚Č荇X1{ This thread Refback 09-10-2007 12:41 AM
سیستم ISAKAS-Kuskus - Sarmaye Forums Post #109 Refback 08-10-2007 09:27 PM
HAMA PAD H2 - The Goose This thread Refback 08-07-2007 03:44 AM
Diskuzn frum Financnik.cz :: Se Sidem o Forexu :: Heikin-ashi This thread Refback 07-26-2007 03:17 PM
Onix > , .. This thread Refback 07-21-2007 10:18 AM
, .. - Onix (: 3) This thread Refback 07-13-2007 02:48 PM
HAMA PAD H2 - The Goose: March 2007 This thread Refback 06-28-2007 10:00 AM
Mega Portal - Forex Pivots Brasil This thread Refback 06-27-2007 11:47 AM
Diskuzn frum Financnik.cz :: FOREX (moderuje Sid) :: Heikin-ashi This thread Refback 06-27-2007 06:56 AM
سیستم ISAKAS-Kuskus - Sarmaye Forums Post #109 Refback 06-26-2007 06:55 PM
Mega Portal - Forex Pivots Brasil This thread Refback 06-25-2007 11:42 PM
HAMA PAD H2 - The Goose This thread Refback 06-21-2007 04:57 PM

Similar Threads
Thread Thread Starter Forum Replies Last Post
Mobile Trading/Technical Requirements/Automated Trading Championship icum Tools and utilities 73 07-31-2008 09:23 AM
SIMPLE-MACD-EA : An extremely simple EA based on 2 channels of MACD. Try it! investor_me Expert Advisors - Metatrader 4<