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Ichimoku forever

  • #16,201
  • Sep 10, 2011 10:05am Sep 10, 2011 10:05am
Quoting mero
on its way
http://img840.imageshack.us/img840/9473/31203638.png
this is what i found from the tutorial, the blue area is bullish kumo and red area is bearish kumo (image above), but in my mt4 platform, my kumo color is different. there is orange and purple color, which is bullish and bearish ?


http://img31.imageshack.us/img31/9606/71043866.png
(my ichimoku on mt4 platform)
  • #16,202
  • Sep 10, 2011 10:19am Sep 10, 2011 10:19am
Quote
this is what i found from the tutorial, the blue area is bullish kumo and red area is bearish kumo (image above), but in my mt4 platform, my kumo color is different. there is orange and purple color, which is bullish and bearish ?

harmonic2 your orange Kumo is bullish and your purple is bearish on your setup. You can change the colors to whatever you desire.
  • #16,203
  • Sep 10, 2011 11:16am Sep 10, 2011 11:16am
u can choose any color.when you load ichi on your charts,pick up color for 'up kumo' and 'down kumo'. green,red,black,pink whatever you like
/those are my colors/
Attached Image
  • #16,204
  • Sep 10, 2011 8:06pm Sep 10, 2011 8:06pm
Quoting IchiTrader63
harmonic2 your orange Kumo is bullish and your purple is bearish on your setup. You can change the colors to whatever you desire.
http://img153.imageshack.us/img153/3827/22255.jpg
from the image here, how we determind the trend is going down or up ?

1) chinkou sen cross the price -- (signal is buy but still downtrend)
2) tenkan sen and kijun sen cross -- （signal is buy but still downtrend)
  • #16,205
  • Sep 10, 2011 9:51pm Sep 10, 2011 9:51pm
Quoting harmonic2
from the image here, how we determind the trend is going down or up ?

1) chinkou sen cross the price -- (signal is buy but still downtrend)
2) tenkan sen and kijun sen cross -- （signal is buy but still downtrend)
I will always look at price with reference to the kumo first. Since it is still below kumo, it is a down trend.

Do download & read below.. it explains very well.
http://www.gaborkovacs.com/uploads/5...bor_kovacs.pdf
  • #16,206
  • Sep 11, 2011 9:53am Sep 11, 2011 9:53am
Gabor Kovacs was supposed to bring out two more pdfs. I hope the second one comes soon.
  • #16,207
  • Sep 12, 2011 7:31am Sep 12, 2011 7:31am
Quoting GeraldFX
You need to watch out that kumo shadow. Usually it act as a strong S&R too.

http://www.youtube.com/watch?v=N8mJ7_0zUUs
here i use kumo shadow as TP target,just before last flat zone.
Attached Image (click to enlarge)
Click to Enlarge Name: ksh.jpg Size: 69 KB
  • #16,208
  • Sep 12, 2011 10:19am Sep 12, 2011 10:19am
Quoting mero
here i use kumo shadow as TP target,just before last flat zone.
you mean the price inside the kumo ?


http://www.freeimagehosting.net/t/b820d.jpg
do you know what is the meaning of PA, P/KS, TS/KS, and CS ??
  • #16,209
  • Sep 12, 2011 10:29am Sep 12, 2011 10:29am
Quoting mero
here i use kumo shadow as TP target,just before last flat zone.
Yes! That is a very good entry!
  • #16,210
  • Sep 12, 2011 10:36am Sep 12, 2011 10:36am
Quoting harmonic2
you mean the price inside the kumo ?
do you know what is the meaning of PA, P/KS, TS/KS, and CS ??
In the indicator option, you can set the legend to "True" and you will see the meaning of it.
  • #16,211
  • Edited 3:21pm Sep 12, 2011 10:49am | Edited 3:21pm
Hi all ,


I propose the indicator Soho_Chinkou_histo.

At the beginning of the use of Ichimoku it is not easy to understand how the

chinkou works.

With the Chinkou_Histo indicator ,that is easier:

-When the histo is red : Chinkou is bearish - Chinkou is below price.

-When the histo is yellow : Chinkou is bullish - Chinkou is above price.

Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: chinkou_histo.gif Size: 14 KB
Attached File(s)
File Type: mq4 #Soho_Chinkou_Histo.mq4   2 KB | 1,586 downloads
KISS&V :Keep it simple safe & visual
  • #16,212
  • Sep 12, 2011 4:03pm Sep 12, 2011 4:03pm
FORECAST: Bullish on GU
  • #16,213
  • Sep 12, 2011 4:05pm Sep 12, 2011 4:05pm
Quoting Sohocool
Hi all ,


I propose the indicator Soho_Chinkou_histo.

At the beginning of the use of Ichimoku it is not easy to understand how the

chinkou works.

With the Chinkou_Histo indicator ,that is easier:

-When the histo is red : Chinkou is bearish - Chinkou is below price.

-When the histo is yellow : Chinkou is bullish - Chinkou is above price.

Regards.
Great Work!

All you need now is indicators for

price in relation to kumo
Kijun in relation to Tenken
Chikou Span in relation to Kumo,

Wait for all 4 levels to line up the same color and enter...


Again great work!
  • #16,214
  • Sep 12, 2011 6:25pm Sep 12, 2011 6:25pm
Quoting GeraldFX
In the indicator option, you can set the legend to "True" and you will see the meaning of it.
http://2.bp.blogspot.com/-4-kYODf993...g/s1600/H1.jpg

h1 timeframe


http://1.bp.blogspot.com/-7CDl3apja7...w/s1600/H4.png


h4 timeframe


http://2.bp.blogspot.com/-k7ffzGiPy3.../s1600/M30.jpg


m30 time frame.


USDCHF
for m30 the price is going inside the kumo (cloud), so how to determind USDCHF is going up or down, coz h4 the price is above the cloud.

the statistic also showing different percentage bullish on different timeframe.

any suggestion for it ?
  • #16,215
  • Sep 13, 2011 5:06am Sep 13, 2011 5:06am
m30 time frame.


USDCHF
for m30 the price is going inside the kumo (cloud), so how to determind USDCHF is going up or down, coz h4 the price is above the cloud.

the statistic also showing different percentage bullish on different timeframe.

any suggestion for it ?


Harmonic2, always trade in the direction (trend) off the higher tfs (in the sheet H1 H4 is used, then look for entry's on the lower ones (price/CS breakout, cross TS/KS, R/S kumo, future kumo, PA/kumo, pivots .....)


I am not an expert and just trying to help but why that sell on H1, right on kumo S? And why that sell on M30 knowing that PA is bullish on higher tfs, CS seems to find S at kumo and PA has S (swing low/high) at that point? And why that buy on H4 (PA made LH, surely not entry at S, better to wait for retrace to KS (or previous swing high). For me it would not be a buy nor a sell, look for other opportunity's.
  • #16,216
  • Sep 13, 2011 8:29am Sep 13, 2011 8:29am
Quoting huskyboy
m30 time frame.


USDCHF
for m30 the price is going inside the kumo (cloud), so how to determind USDCHF is going up or down, coz h4 the price is above the cloud.

the statistic also showing different percentage bullish on different timeframe.

any suggestion for it ?


Harmonic2, always trade in the direction (trend) off the higher tfs (in the sheet H1 H4 is used, then look for entry's on the lower ones (price/CS breakout, cross TS/KS, R/S kumo, future kumo, PA/kumo, pivots .....)


I am not an expert and just trying to help but why that sell...

I took the 1hr trade also. My reason could be different from his for entering.

There was a weakside TK cross. I marked a good point in the cross and waited for the retrace. The retrace was rejected by the Kijun and the kumo. When this happened, price shot down through the kumo, but my entry was within the kumo. This was a cross trade for me not a kumo break. I took profit .9901 since this was the flat kumo area. Usually I will take two trades, and let one run, but the way the markets are, I am being a little more cautious.
Attached Image (click to enlarge)
Click to Enlarge Name: Greenshot_2011-09-13_08-27-15.jpg Size: 63 KB
  • #16,217
  • Sep 13, 2011 3:14pm Sep 13, 2011 3:14pm
took this one in the early morning(gmt+2) while iam at work.

btw,iam going to quit my daily job at the end of this month,and i will dedicate all my time to forex trading and ichi.i cant say iam that profitable to live from trading,but i want to do all i can to make it happen
Attached Image (click to enlarge)
Click to Enlarge Name: ch1.jpg Size: 56 KB
  • #16,218
  • Sep 13, 2011 3:29pm Sep 13, 2011 3:29pm
Hi all,

@ Emptyeternit,

Thank you for your support.

I will try to make these indicators.

Today I propose the price vs tenkan and kijun histo indicator

When the histo is yellow :the price is above the Tekan and Kijun.

When the histo is red :the price is below the Tekan and Kijun.

When the histo is blue the price is within Tenkan and Kijun.

Regards.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: tenkan_histo.gif Size: 16 KB
Click to Enlarge Name: tenkan_histo02.gif Size: 17 KB
Attached File(s)
File Type: mq4 #Soho_Price_VS_Tenka-Kijun_Histo.mq4   3 KB | 1,448 downloads
KISS&V :Keep it simple safe & visual
  • #16,219
  • Sep 13, 2011 3:30pm Sep 13, 2011 3:30pm
Quoting mero
took this one in the early morning(gmt+2) while iam at work.

btw,iam going to quit my daily job at the end of this month,and i will dedicate all my time to forex trading and ichi.i cant say iam that profitable to live from trading,but i want to do all i can to make it happen

What pair and TF is that?
  • #16,220
  • Sep 13, 2011 3:34pm Sep 13, 2011 3:34pm
Quoting Sohocool
Hi all,

@ Emptyeternit,

Thank you for your support.

I will try to make these indicators.

Today I propose the price vs tenkan and kijun histo indicator

When the histo is yellow :the price is above the Tekan and Kijun.

When the histo is red :the price is below the Tekan and Kijun.

When the histo is blue the price is within Tenkan and Kijun.

Regards.

Nice work.
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