The two-way shape memory effect in a Ti36Ni49Hf15 high temperature shape memory alloy (SMA) has been systematically studied by bending tests. In the TiNiHf alloy, the martensite deformation is an effective method to get two-way shape memory effect even with a small deformation strain. When the TiNiHf alloy is deformed at a full martensite state, the deformation mechanism is the martensite orien...