And for now - I am using this system for the market condition evaluation and for the technical analsyis on this forum:
Thank you for your quick reply.
I will have a closer look at these posts.
Just for example - this is Simple Ichimoku System chart for MT5 -
The price was bounced from 1.1844 resistance level to below for the bullish ranging to be started.
Why ranging?Look at this post about Absolute Strength indicator:
And this is the variation of the Simple Ichimoku System:
And those are the indicators for this setup:
So, this setup is the combination of BrainTrending Systema nd Simple Ichimoku System.
Just play with ATR_Period of BrainTrend2Sig indicator (for the value from 9 to 15) to reduce the false signals.
It is the normal Ichimoku indicator's rules.
Red/blue dots are just for confirmation of the trend.
Basicly I almost turned 10,000 to 30,000 easy (if I close all open trades).
But I should stop because of bad datafeed for metatrader 5 now. You can see here:
It is good system which can be traded on D1 timeframe and increase the deposit from 10,000 to 30,000 and it is what I wanted to show
But sorry - those empty bars on GBPUSD D1 was not good ...
I will trade it more.
By the way - I used this system during the long time live but for MT4.
Is there an EA for this system that you have share?
Thanks, in advance.
No, I think - it does not exist.Because there are many entry signals to be sorted out, many exit rules, many market condition particularities ... so this system is manily for manual trading for example ...
Of course, there are some Ichimoku EAs in CodeBase and on the forum (you can look at the following threads: Ichimoku EA thread and NRTR Ichi Trading System thread) but those EAs are just using few entry rules with several trading exit rules only (as we know - there are much more trading rules for this system which should take "into account" for example).
Forum on trading, automated trading systems and testing trading strategies
Financial and trading videos - Table of Contents
Alain Verleyen, 2013.10.02 16:02
The Buy signal:
if(Senkou_Span_B<Close && Close<Senkou_Span_A)