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The Ichimoku Dow and S&P System

  • #101
  • Sep 14, 2021 2:44pm Sep 14, 2021 2:44pm
Quoting rockypoint
I've never been comfortable with HA candles
Same here - I have tried HA candles with different methods and variations over the years I have been trading - they just do not work for me.
  • #102
  • Sep 14, 2021 4:25pm Sep 14, 2021 4:25pm
Quoting Inception12
{quote} Long time Lem, hope you're still killing the dax over on billy's thread.
Yep, time flies when you're having fun, right!

Not posting so much for various reasons but still love that Dax Monster
  • #103
  • Sep 14, 2021 5:11pm Sep 14, 2021 5:11pm
Quoting lemercenaire
{quote} Yep, time flies when you're having fun, right! Not posting so much for various reasons but still love that Dax Monster
Do you still post on kres.
  • #104
  • Sep 14, 2021 7:00pm Sep 14, 2021 7:00pm
Quoting q_import
{quote} Do you still post on kres.
When I can, yes. Trying to get back into a more settled routine.
  • #105
  • Edited 9:53pm Sep 14, 2021 8:05pm | Edited 9:53pm
Quoting lemercenaire
{quote} When I can, yes. Trying to get back into a more settled routine.
me too. days an nights mixed traveling place to place number crunching. i miss waking up and just being. next year maybe i will settle the markets are to hot to just be right now.. did you ever make an ea for your strategy or you still manual trading?
Inserted Video
  • #106
  • Sep 15, 2021 2:30am Sep 15, 2021 2:30am
Quoting Inception12
{quote} The only filters i employ are supply and demand and then watching all 3 indices at once.
Hi Inception, which are the 3 indices you are looking at other than US30 and S&P?
  • #107
  • Sep 15, 2021 2:37am Sep 15, 2021 2:37am
This is when the supply and demand indicator comes in handy, price is clearly stuck in a tight range this morning and you shouldn't take any trades until it clears that range.
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  • #108
  • Sep 15, 2021 2:38am Sep 15, 2021 2:38am
Quoting Inception12
{quote} This will mostly likely happen during big news moves like today's CPI in which case i would just ignore that setup. If it's at the US open, i would take the trade but with a larger than usual SL. But always be wary of such quick fake moves on the dow at the open, they can be hard to get right on some days.
Thanks Mate for the input.

In addition , can you confirm that ,in your backtest which time zone did you find the most convincing trades?

I tried Euro Market Open for SP n US30 , but i am getting the feeling that moves are less convincing in it.

Regards
  • #109
  • Sep 15, 2021 2:51am Sep 15, 2021 2:51am
Quoting yumnyap
{quote} Hi Inception, which are the 3 indices you are looking at other than US30 and S&P?
The 3rd is dax or ger 30.
  • #110
  • Sep 15, 2021 2:56am Sep 15, 2021 2:56am
Quoting Inception12
This is when the supply and demand indicator comes in handy, price is clearly stuck in a tight range this morning and you shouldn't take any trades until it clears that range. {image}
sup/dem were clear for US30, but for SP500 there were sup/dem cluttering as you shown above

So I am assuming that you don't trade US30 if SP500 doesn't give clear signal.
  • #111
  • Sep 15, 2021 2:58am Sep 15, 2021 2:58am
Quoting Skat
{quote} Thanks Mate for the input. In addition , can you confirm that ,in your backtest which time zone did you find the most convincing trades? I tried Euro Market Open for SP n US30 , but i am getting the feeling that moves are less convincing in it. Regards
The best times are around both the European open and the us open. Dax will have it's biggest moves at the london open and likewise us30 and us500 will have the biggest moves when the US market is open.
  • #112
  • Sep 15, 2021 3:01am Sep 15, 2021 3:01am
Quoting Skat
{quote} sup/dem were clear for US30, but for SP500 there were sup/dem cluttering as you shown above So I am assuming that you don't trade US30 if SP500 doesn't give clear signal.
Absolutely spot on, that's what keeps me from taking losses most of the time.
  • #113
  • Sep 15, 2021 3:16am Sep 15, 2021 3:16am
Quoting Skat
{quote} Thanks Mate for the input. In addition , can you confirm that ,in your backtest which time zone did you find the most convincing trades? I tried Euro Market Open for SP n US30 , but i am getting the feeling that moves are less convincing in it. Regards
Trade American markets when America is awake, ditto for UK. Saves a lot of grief.
  • #114
  • Sep 15, 2021 3:19am Sep 15, 2021 3:19am
Quoting q_import
{quote} me too. days an nights mixed traveling place to place number crunching. i miss waking up and just being. next year maybe i will settle the markets are to hot to just be right now.. did you ever make an ea for your strategy or you still manual trading? https://www.youtube.com/watch?v=r1dquH_KOQc
Health took the centre stage for me over the last year.

As for an ea, no, not interested. Never have been. Claudia is trialing one just now and if I lived in some parallel universe, that's probably the only one I'd consider.
  • #115
  • Sep 15, 2021 4:29am Sep 15, 2021 4:29am
System works well on fx once you know supply and demand mechanics.
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  • #116
  • Sep 15, 2021 7:05am Sep 15, 2021 7:05am
Quoting lemercenaire
{quote} Health took the centre stage for me over the last year. As for an ea, no, not interested. Never have been. Claudia is trialing one just now and if I lived in some parallel universe, that's probably the only one I'd consider.
I wish Claudia much luck. I have multiple EA's running the rules took the longest. Its not cut and dry buy here exit here. I manually trade everyday and let the bots do what they do. Its best to get a cloud terminal and run it off the local machine. Many time unable to count the computer would update disconnecting me.
I find manually trading way better.
Well im gone for a couple of months take care of yourself.
  • #117
  • Sep 15, 2021 7:47am Sep 15, 2021 7:47am
Quoting q_import
{quote} I wish Claudia much luck. I have multiple EA's running the rules took the longest. Its not cut and dry buy here exit here. I manually trade everyday and let the bots do what they do. Its best to get a cloud terminal and run it off the local machine. Many time unable to count the computer would update disconnecting me. I find manually trading way better. Well im gone for a couple of months take care of yourself.
Sounds good. Drop by and say hi when you get back on.
  • #118
  • Sep 15, 2021 8:12am Sep 15, 2021 8:12am
Quoting Inception12
This is when the supply and demand indicator comes in handy
An even better use of the supply/demand indi would be for traders to use it to learn to identify these areas for themselves.

It will give them a better handle on their own decision making if they do, imo.

Definitely a good indi for those who are not using supply/demand or resistance/support in their trading.

Great thread, Inception!
  • #119
  • Sep 17, 2021 4:36am Sep 17, 2021 4:36am
Quoting Inception12
{quote} The 3rd is dax or ger 30.
Just wanna know why would you compare all 3 indices including DAX? What kind of confirmation will DAX give?
  • #120
  • Sep 20, 2021 6:15pm Sep 20, 2021 6:15pm
Quoting Inception12
System works well on fx once you know supply and demand mechanics. {image}
Does this system work well on a 1 hour time frame...?
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