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Ichimoku forever

  • #13,621
  • Jun 16, 2010 3:10am Jun 16, 2010 3:10am
How do you know which trades are next in line.
Look for divergence in the higher timeframe(H1) and then go lower timeframe(m5 or m1) and wait for price-kijun break or cloudbreak.
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  • #13,622
  • Jun 16, 2010 6:46am Jun 16, 2010 6:46am
Market in ranges, see:

1. The price ranges between KS and TS than 1 day (Gold Line)
2. KS / TS H1, KS / TS H4, Kumo H1 and Kumo H4 are mixed.
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  • #13,623
  • Jun 16, 2010 6:49am Jun 16, 2010 6:49am
Market trend, as simple, to see all the lines are arranged.

Between 14/05/10 and 18/05/10 there are two opportunities to catch at least 100 pips
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  • #13,624
  • Jun 17, 2010 3:52am Jun 17, 2010 3:52am
And some more divergence in higher timeframes - see what is happening in the lower time frames.
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  • #13,625
  • Jun 18, 2010 9:13am Jun 18, 2010 9:13am
Really happy about finding the Ichi thread here. Looking forward to connecting with fellow Ichi traders. See you all soon...
Vita est simillimus forexum(Life is like forex)
  • #13,626
  • Jun 20, 2010 3:34am Jun 20, 2010 3:34am
What I find useful in determining when to enter a Price-Kijun break is to look at the CCI200, CCI400 and CCI600.
When you have an overbought/oversold situation(>150 and <-150) and it moves back towards 0 across the 150 line it is time to consider a trade.
1. If CCI200 is the only one in overbought/oversold zone take aim when you have a cross of the 150 line and the kijun. Use the bar max/min as an entry point and pull the trigger when you have a cross of the horizontal.
2. When you have CCI200 and CCI400 in overbought/oversold zone wait for the CCI400 to cross the 150 line before taking aim.
3. When you have CCI200, CCI400 and CCI600 in overbought/oversold zone you have to wait for the CCI600 to cross the 150 line AND the CCI200 must cross the 50 line on the other side of 0 line before you take aim.
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  • #13,627
  • Jun 21, 2010 4:06am Jun 21, 2010 4:06am
Kinko thx. I have setup a template for these CCI's to see how it does this week. Have you found M5 to be the best timeframe, or any timeframes?
Vita est simillimus forexum(Life is like forex)
  • #13,628
  • Jun 21, 2010 5:12am Jun 21, 2010 5:12am
Quoting dennis681
Kinko thx. I have setup a template for these CCI's to see how it does this week. Have you found M5 to be the best timeframe, or any timeframes?
Working in all timeframes - I prefer the 5m -more opportunities - see the usdjpy h1 below.
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  • #13,629
  • Jun 21, 2010 12:39pm Jun 21, 2010 12:39pm
Quoting Kinko
Working in all timeframes - I prefer the 5m -more opportunities - see the usdjpy h1 below.

3 cci in the same window
kino
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Attached File(s)
File Type: ex4 #kino_3_CCI.ex4   3 KB | 554 downloads
  • #13,630
  • Jun 21, 2010 3:27pm Jun 21, 2010 3:27pm
Quoting kinonen
3 cci in the same window
kino
Thanks Kino - it is nice to have all three on one frame - easy to work with.
  • #13,631
  • Jun 22, 2010 3:42am Jun 22, 2010 3:42am
Kinko, a couple of questions:
1. Do you not ever consider the trend direction in these trades?

2. This appears to require a retracement before a reverse back over the kijun opposite the O/B or O/S condition. What do you do when the "retracement" continues? In other words, let's say CCI200 hits -150, but then price continues down? Since price never > kijun, would this be a no-trade? This question probably relates to the trend as well.

Thank you.
Vita est simillimus forexum(Life is like forex)
  • #13,632
  • Jun 22, 2010 4:59am Jun 22, 2010 4:59am
Quoting dennis681
Kinko, a couple of questions:
1. Do you not ever consider the trend direction in these trades?
Price-kijun cross is basically a counter trend trade - but counter trend in one timeframe may be a continuation of trend in a higher timeframe. Always have a look at where you are in the bigger picture even if only to zoom out in the current timeframe

Quoting dennis681
2. This appears to require a retracement before a reverse back over the kijun opposite the O/B or O/S condition. What do you do when the "retracement" continues? In other words, let's say CCI200 hits -150, but then price continues down? Since price never > kijun, would this be a no-trade? This question probably relates to the trend as well.

Thank you.
You need to be on the right side of the kijun for the trade and you can also use the stoch 50,15,15. When you have a -150 line break it is time to take aim - wait for the horizontal to be broken before you pull the trigger. This will help you not to enter when the price continues on its original direction
  • #13,633
  • Jun 22, 2010 5:20am Jun 22, 2010 5:20am
Quoting Kinko

You need to be on the right side of the kijun for the trade and you can also use the stoch 50,15,15. When you have a -150 line break it is time to take aim - wait for the horizontal to be broken before you pull the trigger. This will help you not to enter when the price continues on its original direction
The USDCAD as example below. Wait for the green trendline to be broken before entering - The -150 break only as a means to tell you of a possible trade. Use all the tools of the trade - trendlines included - to help you NOT to loose money
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  • #13,634
  • Jun 22, 2010 8:14am Jun 22, 2010 8:14am
It is much easier to decide when to enter when you have a CCI200 - Price divergence in combination with a -150 break and a trend line break
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  • #13,635
  • Edited 2:57pm Jun 23, 2010 8:02am | Edited 2:57pm
Thx MUCH for this example of trend lines + divergence. Really great filtering. I am using it.

NEW EA COMING. Coding done. Testing June 24 and if OK, will attach it for FF members on June 25.

EA Features:
1. Allows user-selection of pairs and local or mobile alerts. Run this ONLY on one chart. It will detect any of your pairs from that single chart.
2. Will send an alert whenever CCI is O/S or O/B, followed by a kijun-sen touch/breach on close. It runs only 4x per hour, saving on bandwidth.
3. Detects on four different timeframes: M5, M15, M30, M60. In this version, these are not selectable.
4. If you have Trend_Alerts_On set to True (default), make sure to select each of your selected pair's trend direction BEFORE running the EA! If you keep Trend_UP to False, that means the trend is currently DOWN.
This feature will send an alert whenever the CCI 200/400/600 all cross over the far -50/50 AND both sen angles agree with the trend.
Vita est simillimus forexum(Life is like forex)
  • #13,636
  • Jun 23, 2010 9:06am Jun 23, 2010 9:06am
Quoting dennis681
Thx MUCH for this example of trend lines + divergence. Really great filtering. I am using it.

I coded an EA that begins the process by alerting whenever we have the -150/150 CCI condition @ cci400 or cci600. It tests 8 pairs over 4 timeframes and is run ONLY once for all pairs at the particular time (so 4x per hour for all pairs), saving bandwidth. Choose either a local alert or to mobile device.

The next version will only alert AFTER we have both the CCI + kijun break conditions. Let me know if you would like to see additional logic.
Thanks dennis, will be a great help. Now for when you are in a trend and want to jump in along the trend. Tenkan and kijun moving in the same direction at the same time AND CCI200,400 and 600 on the right side of the -50/50 line. Can you code an EA for that? Thanks
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  • #13,637
  • Jun 23, 2010 9:38am Jun 23, 2010 9:38am
Kink, let me make sure I've got your logic correctly, as follows:

1. one (or more) of the CCI @ -150/150 condition = True
2. then later, 200/400/600 crossed -50/50 AND both sen angles agree with trending direction.
3. If those conditions are met, send an alert

Is this correct?
Vita est simillimus forexum(Life is like forex)
  • #13,638
  • Jun 23, 2010 9:40am Jun 23, 2010 9:40am
Member Since Aug 2009
207 Posts

http://cdn.forexfactory.com/images/icons/icon1.gif
What I find useful in determining when to enter a Price-Kijun break is to look at the CCI200, CCI400 and CCI600.
When you have an overbought/oversold situation(>150 and <-150) and it moves back towards 0 across the 150 line it is time to consider a trade.
1. If CCI200 is the only one in overbought/oversold zone take aim when you have a cross of the 150 line and the kijun. Use the bar max/min as an entry point and pull the trigger when you have a cross of the horizontal.
2. When you have CCI200 and CCI400 in overbought/oversold zone wait for the CCI400 to cross the 150 line before taking aim.
3. When you have CCI200, CCI400 and CCI600 in overbought/oversold zone you have to wait for the CCI600 to cross the 150 line AND the CCI200 must cross the 50 line on the other side of 0 line before you take aim.
Attached Thumbnailshttp://cdn.forexfactory.com/attachme...1&d=1277022680



Hello Kinko,

Your illustrations while I do not understand them are very captivating.

May I suggest you post some potential trades using them so that we can follow and learn more.

Thanks and cheers
  • #13,639
  • Jun 23, 2010 9:53am Jun 23, 2010 9:53am
Quoting dennis681
Kink, let me make sure I've got your logic correctly, as follows:

1. one (or more) of the CCI @ -150/150 condition = True
2. then later, 200/400/600 crossed -50/50 AND both sen angles agree with trending direction.
3. If those conditions are met, send an alert

Is this correct?
Yes first alert when you have a price-kijun break - CCI @ -150/150 condition=True

Second alert when you missed the price-kijun break and you are in a trend and want to get in on the trend with 200/440 and/or 600 crossed -50/50 AND both tenkan and Kijun angles agree with trend direction.
  • #13,640
  • Jun 23, 2010 10:14am Jun 23, 2010 10:14am
Quoting Kinko
Yes first alert when you have a price-kijun break - CCI @ -150/150 condition=True

Second alert when you missed the price-kijun break and you are in a trend and want to get in on the trend with 200/440 and/or 600 crossed -50/50 AND both tenkan and Kijun angles agree with trend direction.
OK.
Vita est simillimus forexum(Life is like forex)
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