ichimok2005
post the indi + chart + more detailed explanation please.
These are the files that I used to look at it.
Then I downloaded these files for use.
I set up 2 side by side charts with the same indcators
1 min and 15 min ( from a scalping perspective
the only additional indicator I use is Heiken Ashe on both charts
when the first HI turns red I am looking at the position of the 15 min Bar.
I'm sorry I cannot post a visual, that computer is down.
It is worth the time to look...there is an EA within this DL, but it is not working properly. All order submittes are being rejected on a demo account.
I have only been able to take about 15 pips / 3 bars on 1 min, each time but there are many trades in a day.
If the 15 min is uptrending, I am looking for buys and sell for down trending
I am using the open as the dividing line of the day 12 am EST..
I just thought if some one with very much screen time could take a look, it might be considered a valid concept...
No I can't post any statements, no I have not made 100 trades, only about 15 so far.....For a newbe....it has been my starting point.
I am not trying to waste anyone time.....Just my own time is at risk...look if you like, don't if you like.....its up to you.
Indicator Alternative Ichimoku – Setup, Examples of Usage - MQL4 Article
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I am using this indicator as a scalping tool.
It is the only thing I have found so far that
works for me.
There is an expert in MQL4 site for it,
but it does not work ( ichimok2005)
Could some one take a look at it...
This is a very good theory
check it out.....
I use it in conjunction with pivots.