Well done ichikuse. Was watching this trade, but came a little late to the table. Your levels are daily high/lows I'm guessing.
Trading with range bars ichimoku cloud & awesome oscillator
Hi traders,
Just want to say thank you mr.Rocky Point. Some months ago I was testing the ichimuku classic estrategy but can't gat any good results. I feeled this is a prove and solid way to trade but I didn't found how to connect with and make it profitable for me. Anyway I continued reading and following the thread becauese I realised that I could learn a lot here.
Some weeks ago I saw your new way to trade, this new estrategy using RSI and ADX. I wanted to try in my work time but couldn't make it until this week. I find it awesome way to find intraday trends. Very accurate and clear. Just added a simple EMA channel (55 period) for better and quick chart evaluation. I'm trading this week first signals after channel cross and had very good results. Still huge things to improve, as SL set and where/when to close. Allways hesitate about closing or leaving open some more pips. Most of trades score 10 pips on average, and its ok, but most of them finally run 20-30 more pips. So, this is my main doubt.
So, I'll keep on next week trading this way. Thank you for your posts and please, keep on with the thread.
TONI
Just want to say thank you mr.Rocky Point. Some months ago I was testing the ichimuku classic estrategy but can't gat any good results. I feeled this is a prove and solid way to trade but I didn't found how to connect with and make it profitable for me. Anyway I continued reading and following the thread becauese I realised that I could learn a lot here.
Some weeks ago I saw your new way to trade, this new estrategy using RSI and ADX. I wanted to try in my work time but couldn't make it until this week. I find it awesome way to find intraday trends. Very accurate and clear. Just added a simple EMA channel (55 period) for better and quick chart evaluation. I'm trading this week first signals after channel cross and had very good results. Still huge things to improve, as SL set and where/when to close. Allways hesitate about closing or leaving open some more pips. Most of trades score 10 pips on average, and its ok, but most of them finally run 20-30 more pips. So, this is my main doubt.
So, I'll keep on next week trading this way. Thank you for your posts and please, keep on with the thread.
TONI
Hi traders, Just want to say thank you mr.Rocky Point. Some months ago I was testing the ichimuku classic estrategy but can't gat any good results. I feeled this is a prove and solid way to trade but I didn't found how to connect with and make it profitable for me. Anyway I continued reading and following the thread becauese I realised that I could learn a lot here. Some weeks ago I saw your new way to trade, this new estrategy using RSI and ADX. I wanted to try in my work time but couldn't make it until this week. I find it awesome way to find...
{quote} Thanks Snoopy! I applied the indicator and my MT4 says it is successfully loaded but nothing is happening.Please assist.
I took that limit off on this version, and it will plot the EMA55 channel as well as ALL the arrows based on Rocky's RSI and ADX criteria.
The arrows are not filted based on the new EMA55 criteria as this is new and this is not Rocky's original criteria.
{quote} Hey Snoopy, I test the indie briefly and don't seems to work properly. The arrows I get are not the correct ones. Is it set with Rocky default settings? I mean periods RSI=8, ADX=8. Anyone tested it? TONI
RSI > 60 and ADX>25: go long
RSI < 40 and ADX>25: go short
and both ADX and RSI use periods 8 for calculation (not their default values).
Am I mistaken?
