In the Ichimoku Kinko Hyo system there was no take profit in there, because one must close by hand. Is that exactly the same in the new EA?

Thank you

Thank you for the informations. And continued success

Mick

Just purchased, any suggested TF and/or pairs? Do you have any set files for this EA?

Thanks

Dennis

JPY pairs are the best, I have best results on the H1 time frame. There are no set files and there are only a few settings so what you need to do is run an optimization. Select all the settings

• ATR Multiplier start: 40, Step: 20, Stop: 200
• Stoploss risk start: .005, step: .0025, stop: .03
• tenkanSen start: 4, step: 1, stop: 12
• kijunSen start: 15, step:1, stop 30
• senkouSpan start: 30, step: 2, stop: 60
• kumoJoy start: 10, step: 10, stop: 300
  

hit the optimize

Start with that

Then run optimize for the last quarter. It will take a few hours. I try to run it quarterly, any more than that is probably too much. For me, the settings don't change that much, as they shouldn't. You need to do that for each pair you plan on trading as they seem to have their own character

Try these settings on the USDJPY H1

• ATRm - 100
• Stoploss - .01
• tenkanSen - 7
• kijunSen - 26
• senkouSpan - 45
• kumoJoy - 60

You can use the Green Dragon as a Stand-Alone EA, or you can also use it as a tool for your Ichimoku trading. I have been watching AUDUSD pull back on its uptrend and am planning on going long on a break out of that pattern. Dropping down to the hour chart I see that The Chikou is set up nicely to capture that breakout. Instead of waiting at my computer for that to happen I put the Green Dragon on it to do it for me. If a breakout up happens the Green Dragon will catch it an send me a text

Where should you enter what you suggest?

Can you install a possibility that you can choose the Lotsize yourself?

I pulled my last chart setup on the AUDUSD because the consolidation went into kumo before breaking out. My next attempt is on AUDJPY. Green Dragon setup for a short out of a consolidation on the hour chart. The daily has a bearish Anti pattern ready to break down and I would love to be apart of it.

• The bigest change in v2.0 is the use of a pending order instead of placing a market order on a trade signal. This is to prevent buying a breakout before the breakout has happened. In v2, when a trade signal is triggered the EA will place a pending order at the top of the price range for a long position breakout and at the bottom of the range for a short. This change filtered out many of the bad range trades.
• The Green Dragon now determines lot size based on the stoploss position and the risk level you are taking for the trade. This does away with putting in an arbitrary number for an ATR multiplier

Hello

I just bought your Ea and looking forward to good results.

What other pairs do you recommend other than usd/jpy? and use the same settings as above?

thanks

Michael 

Hi Mick,

I already buy your EA. I have personal message you asking several questions. can  you solve the issue?