Today I took a look at Heiken Ashi candle bars and decided to try using that on NinjaTrader.
I also took a look at the CAD instead of the EUR, and did a replay of this as practice.
are the before and after shots.
BEFORE Heiken Ashi Many normal long and short bars as price moves along
AFTER Heiken Ashi Indicator Added
A simple more consistent appreciation of price movement
It was very interesting in that the chart initially appeared chaotic, but with Heiken it became easier to read. Also following the standard rules .. the results, too, became very interesting.
- The tick payout on this instrument is $10
- Same $500 margin for entry
- < 4 ticks = 2 contract entry
- > 4 ticks = 1 contract entry
- Strong use of Trade scalper methods as well
- 8 trades
The results for this US morning session replay for 11/1/13 were
TRADE SUMMARY
We just may be on to something here ;)
What are your thoughts ...... ?
What are your thoughts ...... ?
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