I also noticed that sometimes the EA doesn't open trades when the Tenkan crosses the Kijun. I have the strategy enabled and also activated the EA. Kumo Cloud breakout is working but not Tenkan-Kijun Cross. Is there certain criteria required for the EA to open the trade? Or is this a flaw?
Kwill: Hi, could you advise how to use auto lot sizing function? Also need more information on Volatility filter threshold. Thanks
Auto lot size function position size the trades using a fixed percentage risk per trade. For example, if you choose to risk 1% per trade, the auto lot size function will calculate the appropriate lot size to risk the 1% capital of your account on each trade.
Kwill: I also noticed that sometimes the EA doesn't open trades when the Tenkan crosses the Kijun. I have the strategy enabled and also activated the EA. Kumo Cloud breakout is working but not Tenkan-Kijun Cross. Is there certain criteria required for the EA to open the trade? Or is this a flaw?
Along with the Tenkan-Kijun cross, the EA also look for the position of Kumo cloud and Chikou position.
Auto lot size function position size the trades using a fixed percentage risk per trade. For example, if you choose to risk 1% per trade, the auto lot size function will calculate the appropriate lot size to risk the 1% capital of your account on each trade.
Along with the Tenkan-Kijun cross, the EA also look for the position of Kumo cloud and Chikou position.
Can you add in-depth details about the criterias required for the EA to open positions in the 'overview'? I bought this EA expecting the strategies to perform in a way described in the overview but you seem to mean that there are other criterias involved that are not mentioned. How can I fine tune the EA if I do not even know how it works?
Kwill: I tried using the auto lot size function in the strategy tester on mt4 but there is a 'zero divide error'.
It happens because you are not using the stop-loss. It is not possible to find the lot size based on the risk percentage without knowing the stop-loss value.
Kwill: Can you add in-depth details about the criterias required for the EA to open positions in the 'overview'? I bought this EA expecting the strategies to perform in a way described in the overview but you seem to mean that there are other criterias involved that are not mentioned. How can I fine tune the EA if I do not even know how it works?
I agree the description should have contained more in-depth information.
The EA checks the alignment of each Ichimoku element before firing a trade.
For example:
In the case of the Tenkan-Kijun Cross strategy, the EA does not execute a trade for every Tenkan-Kijun cross; instead, it also checks the status of the Kumo cloud and Chikou with respect to the position of Tenkan-Kijun cross. You are right here. We should have included this information in the description.
The KT Ichimoku EA is awaiting a new version, and the description will also be updated.
Hi, could you advise how to use auto lot sizing function? Also need more information on Volatility filter threshold. Thanks
Auto lot size function position size the trades using a fixed percentage risk per trade. For example, if you choose to risk 1% per trade, the auto lot size function will calculate the appropriate lot size to risk the 1% capital of your account on each trade.
Volatility filter is based on this oscillator https://www.keenbase-trading.com/products/forex-volatility-indicator/
I also noticed that sometimes the EA doesn't open trades when the Tenkan crosses the Kijun. I have the strategy enabled and also activated the EA. Kumo Cloud breakout is working but not Tenkan-Kijun Cross. Is there certain criteria required for the EA to open the trade? Or is this a flaw?
Along with the Tenkan-Kijun cross, the EA also look for the position of Kumo cloud and Chikou position.
Auto lot size function position size the trades using a fixed percentage risk per trade. For example, if you choose to risk 1% per trade, the auto lot size function will calculate the appropriate lot size to risk the 1% capital of your account on each trade.
Volatility filter is based on this oscillator https://www.keenbase-trading.com/products/forex-volatility-indicator/
Along with the Tenkan-Kijun cross, the EA also look for the position of Kumo cloud and Chikou position.
I tried using the auto lot size function in the strategy tester on mt4 but there is a 'zero divide error'.
It happens because you are not using the stop-loss. It is not possible to find the lot size based on the risk percentage without knowing the stop-loss value.
Can you add in-depth details about the criterias required for the EA to open positions in the 'overview'? I bought this EA expecting the strategies to perform in a way described in the overview but you seem to mean that there are other criterias involved that are not mentioned. How can I fine tune the EA if I do not even know how it works?
I agree the description should have contained more in-depth information.
The EA checks the alignment of each Ichimoku element before firing a trade.
For example:
In the case of the Tenkan-Kijun Cross strategy, the EA does not execute a trade for every Tenkan-Kijun cross; instead, it also checks the status of the Kumo cloud and Chikou with respect to the position of Tenkan-Kijun cross. You are right here. We should have included this information in the description.
The KT Ichimoku EA is awaiting a new version, and the description will also be updated.