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[REQ] Heiken Snake!


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Anyone knows the Heiken Snake? i have seen it on Ebay. The author means, you can quadruple your Money on first Day ;-)

Or get up to 2000 Pips per Month.

 

And the Indicators doesn`t repaint, after candles closes.

 

Have a look here and hope someone have it:

 

hxxp://[email protected]/Forex-Trading-System-The-Heiken-Snake-w-Custom-Ind-/300446130122?cmd=ViewItem&pt=LH_DefaultDomain_0&hash=item45f3fc1fca

 

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The bottom indi looks interresting any one know what it is.

 

Its called Snake force or snake in borders and it actually repaints quite well...

 

The Heiken is like the normal one everyone has.... Heiken Ashi Smoothed

 

I CLONED D SYSTEM.... SORT OF!!!!... N am pretty sure its the same

http://www.4shared.com/file/lnY0W7h3/Heiken_Snake.html 

One obvious truth.FOREX IS ANYTHING BUT EASY
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  • 2 weeks later...

Traded it for a while and came up with this!!!!

4hr timeframe

 

It looks really good.

 

http://img638.imageshack.us/img638/8470/gbpusd.png

 

 

Will keep you updated on the disadvantages of this system as testing continues!!!

Edited by osaze
One obvious truth.FOREX IS ANYTHING BUT EASY
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Just incase u need a template like mine, this is it!!!!!

 

http://www.4shared.com/file/daw20nby/Hiken_Snake_mod.html

 

:) :)

One obvious truth.FOREX IS ANYTHING BUT EASY
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The snake indi seems to be repainting at least the thickness of the bars. I wanted to see whether the thinkness can be used for partially close or reentry. Doesn't seem to reliable and I have to watch it further.

btw. I'm using the snake in combination with a renko chart. With todays standstill in the market it may last a while until I get some new renko bars

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Nice results osaze

Is there a manual anywhere?

 

;-)

 

THIS IS QUITE SELF EXPLANATORY!!!!!!... Got them from the site.

 

I use 4hr to reduce the repainting effect!!!!

 

http://i676.photobucket.com/albums/vv124/mrstoneyboner/HeikenSnakeForexSystem3.jpg?t=1270175683

 

http://i676.photobucket.com/albums/vv124/mrstoneyboner/HeikenSnakeForexSystem1.jpg?t=1270174875

 

http://i676.photobucket.com/albums/vv124/mrstoneyboner/HeikenSnakeForexSystem2.jpg?t=1270175197

One obvious truth.FOREX IS ANYTHING BUT EASY
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The snake indi seems to be repainting at least the thickness of the bars. I wanted to see whether the thinkness can be used for partially close or reentry. Doesn't seem to reliable and I have to watch it further.

btw. I'm using the snake in combination with a renko chart. With todays standstill in the market it may last a while until I get some new renko bars

 

 

The Snake force repaints badly but the Heiken Ashi reduces that effect to the barest minimum. The only disadvantage is the lag caused by the heiken ashi. It slows down your entries and makes your stops pretty big. And sometimes the Snake force couuld help confuse your entries...

One obvious truth.FOREX IS ANYTHING BUT EASY
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The arrows could reduce false signals but haven't figured what those arrows are yet!!!!!

 

And the arrows lag too!!!!... but could help.

 

http://i676.photobucket.com/albums/vv124/mrstoneyboner/HeikenUpdate.jpg?t=1272948971

 

Its certainly not a HOLY GRAIL!!!!... but so far seems profitable

Edited by osaze
One obvious truth.FOREX IS ANYTHING BUT EASY
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I tried it before and found snake quite a repainter, and not helpful determining exits if using it alone as in the manual. It changes few bars back so what looked like an exit might not look like it anymore. I was thinking at some point of just heiken ashi and flat trend indicator on 4H charts only as anything shorter than 1H will give many colors.
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I tried it before and found snake quite a repainter, and not helpful determining exits if using it alone as in the manual. It changes few bars back so what looked like an exit might not look like it anymore. I was thinking at some point of just heiken ashi and flat trend indicator on 4H charts only as anything shorter than 1H will give many colors.

 

The repainting is really a painful thing... It could repaint as much as 5bars-8bars back.... I just got a streak of loses now... 4 trades to be exact. Let me check flat trend and see if it helps out.

 

Thankfully its all DEMO!!!! ;)

Edited by osaze
One obvious truth.FOREX IS ANYTHING BUT EASY
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  • 3 months later...
The repainting is really a painful thing... It could repaint as much as 5bars-8bars back.... I just got a streak of loses now... 4 trades to be exact. Let me check flat trend and see if it helps out.

 

Thankfully its all DEMO!!!! ;)

 

 

Is there no way you can make a repainting indicator not to repaint and still give the same signal

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