This ichimoku settings is originally for M5 timeframe. I am just using it for M1.
It was many years ago - it was int'l conference on ichomku indicator and this settings was discussed and proven to be used. By the way - it/cloud is not too small for M5 with this settings. It is too big sometimes.
because what is the cloud? If price is inside the cloud so it is flat or ranging market. It is not bearish and it is not bullish by secondary trend for example.
When cloud is small so it means that price can go from one condition to the other in easy way and we should be ready for everything.
By the way - I am still testing/trading this one:
- if NRTR indicator is changing color of the line from red to blue (on closed bar) - it is buy. From blue to red - sell.
- buy trade is confirmed if the price is above ichimoku cloud (72, 144, 288) on closed bar; sell trade is confirmed if the price is below this ichimoku cloud on closed bar.
- close trade on stop loss and take profit AND on opposite signal/color change of nrtr. In this case - losses may be small during the flat market for example.
That's very simple.
Hope it proves successful!!
This is the other example of trade (for EURUSD):
Try this on a 1-hr chart. (This is without the daily PLdot/DG envelope- Thanks Mr Tools btw)
Squize MA Averages Zone MTF
i'm looking for a Squize MA MTF indicator - the standard one is already nice but it could be better
Squeeze ma with zones - mtf
Here you go
updated version posted here: https://www.mql5.com/en/forum/general
Thank you a thousand Gramski!!
Arrows on chart plse...
Would you plse be kind enough and add ARROWS when lines cross to the "haDelta of averages" that I attach here for your convenience?
Thanking you most sincerely.
Much appreciated Mladen
Much appreciated, Mladen.