Do you know a trading signal of ichimoku?
I concentrate on the relation of crossing of chinkou span and price.
With only above two parameters I would like to make ichimoku ea.
Do you have any idea?
Is it possible?
I think trailing stop and money management strategy also need in order to make a profitable ea of ichimoku.
Is it possible, including trading signal module based on ichimoku kinko hyo ?
Forum on trading, automated trading systems and testing trading strategies
USDJPY Technical Analysis 23.06 - 30.06 : Rally Finishing to Ranging
Sergey Golubev, 2013.06.27 12:07
Well ... what I am explaining here by text and charts - it is understandable for traders. But there are traders and coders on the forum. And I think we all know that they are using different "forex english" in some cases. So, I am just translating some terms/words I am using for technical Ichimoku analysis onto "coding english" language :) :
Market Condition Evaluation based on standard indicators in Metatrader 5
Sergey Golubev, 2013.06.28 18:00
as to lower timeframe ... the default settings of Ichimoku is 9/26/52, right? But it is mainly for higher timeframe (started from H1 for example). For lower timeframe - there are 2 kinds of settings:
Besides, there are many signals of Ichimoku indicator to open the trades. I know about 6 signals (but it is much more signals in combination with each other):
The combination of all those 6 signals = Ichimoku indicator.
So, the request about alert ... it is the request to create alet for all those signals with combination with each other? if yes so it is big project ... I do not have the credits in my profile for all those alerts (which may be - more than 100 different variations) :) ... if you are talking about some particular signal so - it may be possible to make alert.
I am mostly using on the thread just one signal : Chikou Span crossing historical price. So, which signal to be alert?
Something Interesting in Financial Video January 2014
Sergey Golubev, 2014.01.26 19:09
Ichimoku - Ideal Ichimoku Scenarios
Ichimoku - Drawbacks Of Ichimoku Kinko Hyo
Something Interesting in Financial Video October 2013
Sergey Golubev, 2013.10.27 15:37
Second part of the TK Cross video explaining about the Kumo future as a filter on your cross.
Tenkan Sen / Kijun Sen Cross
The Tenkan Sen / Kijun Sen Cross signal occurs when the Tenkan Sen (Turning line) crosses the Kijun Sen (Standard line).
A bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen
Kijun Sen Cross
The Kijun Sen Cross signal occurs when the price crosses the Kijun Sen (Standard line).
A bullish signal occurs when the price crosses from below to above the Kijun Sen
Thank you very much. Your advice is great helpful to me. Especially kumo idea is very useful to make a profit using ichimoku.
At present price I think they are important,
- slope and crossing in relation to tenkan sen and kijun sen
- depth of kumo
- price trend, etc.
At historical price below are very impressive.
- crossing of chikou span and historical price
- support and resistance of kumo, kijun sen and tenkan sen
- the place of chikou span in connection with the lowest low or the highest high or crossing of ichimoku cloud, etc.