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or HA colored OHLC price bars are, imo a fantastic visual aid. Combined with one other price indicator like a moving average and perhaps one or two non-colinears imo you would be well on your way.
I like them as well, you have to add a true price line indicator with them so you know where price is at key levels and how it reacts to those levels, because you cant read candles themselves as you would with other time frames min/tick etc so by adding the price line you have a better feel,IMO
Thank you for your comments. I also find HA as a great way to cut noise, I use them with BB but I see a arrow in one of Wldman charts, is that a Parabolic SAR indicator you use.
I trade ES and 6E .I have a 512 and 3200 charts with 60 sma and 110 ema also a 5 with Volum profile and 15 min with 20 sma 50 sma and 200 sma and use fibs also.
My problem is no cosistentcy,probably everybodys problem right?
Is it posible to be 60 to 70 % consistent trading/using HA candels? Do you use them daily.
Thanks for your opinion.
part of a count based on the close of the current bar relative to the close some number of bars ago. You could say that it has similarities in application to a SAR, yes. @Srq1 In my mind an effective method should be based on a series or a confluence of non-colinear indicators, meaning those that are based on different math pointing to different things. Different MA lengths and different time frames alone do not do that...they tend towards co-linearity. It is always helpful if you include a picture.
a confluence of non-colinears using/including HA price bars
So that is a confluence of 5 or 6 indicators and would typically be considered an "ok" trade indication. The confluence might be stronger in that it containes 6 or 7 items, also there are no trend line breaks here and no divergence...both of which would add "major" weight to the "buy".
Much more difficult against the trend than with the trend and in either case the targets and stops are the real trick.
Wldman ,are these charts the ones you use daily, and how do they work for you, if so, you have found a great set of
indicators. In your third chart you show what looks to me a BB combo with a MACD histogram.
I use the macd histogram and the HA along with erg indicator that I have on TOS charts worked good.
Just trying to find the less cluter and most effective/acurrate set up, am I the only one lol.
Thanks again for you help
