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Ichimoku cloud burst ea

  • #241
  • Mar 20, 2012 4:56am Mar 20, 2012 4:56am
I got these 2 entries
Short GBP-CHF
Short AUD-USD

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  • #242
  • Mar 20, 2012 7:18am Mar 20, 2012 7:18am
Attached Image (click to enlarge)
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  • #243
  • Mar 20, 2012 8:29am Mar 20, 2012 8:29am
@seller9

We need to apply the flip when we are atleast 10 clean pips away from the cloud ( prefer this to be user defined ) and when the flip does happen we need to make the cloud sl follow the top cloud value minus 3 pips ( user defined) so that it stays in the trade for a long period of time and handles the pull backs.

I think if this is done it will slow down the flip and also prevent unnecessary SL trigger to exit a profitable trade.

we need to stop the cloud sl moved alert to go only when it moves the cloud sl right now i think it is going into a loop and goes on and on .
  • #244
  • Mar 20, 2012 9:05am Mar 20, 2012 9:05am
Trailing stop not working correct for Sell trades. It is changing the SL as per the Buy/Long trades.
For Short trades it is shifting the Cloud SL to up direction.

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  • #245
  • Edited 1:02pm Mar 20, 2012 9:41am | Edited 1:02pm
Quoting AbhijetPandi
Trailing stop not working correct for Sell trades. It is changing the SL as per the Buy/Long trades.
For Short trades it is shifting the Cloud SL to up direction.

Attachment
I need a screen shot showing what you mean.
Are you using the BEJS hidden trailing stop? This does not affect the stop loss that is sent to the Broker.
The Broker stop loss follows the cloud (Up and Down) for a short trade. For a short trade it will followthe bottom of the cloud once it flips from the top of the cloud. It will move up or down depending on the bottom of the cloud.

The BEJS, which only the EA knows about follows the settings of the BEJS, this is the yellow line.
  • #246
  • Mar 20, 2012 9:48am Mar 20, 2012 9:48am
subscribing to thread.
  • #247
  • Mar 20, 2012 12:46pm Mar 20, 2012 12:46pm
Quoting unimak
the sl moved alarm should only fire once after it moves the cloud sl. I find it is going on and on .
OK, I will change it so it only alerts when it does the flip, after that it will not alert everytime it moves.
  • #248
  • Mar 20, 2012 12:55pm Mar 20, 2012 12:55pm
Quoting unimak
>>> this needs to be looked into before we code, flipping when in profit is one option.

question :- what happens if i select buyer and seller to be true at the start of the ea, how will it react. ?
It will take the first trade that breaks out of the cloud, it could be either a Buy or Sell, depending on the direction of the break out. A break out always starts with a closed candle inside the cloud.
  • #249
  • Mar 20, 2012 1:05pm Mar 20, 2012 1:05pm
Quoting unimak
@seller9

We need to apply the flip when we are atleast 10 clean pips away from the cloud ( prefer this to be user defined ) and when the flip does happen we need to make the cloud sl follow the top cloud value minus 3 pips ( user defined) so that it stays in the trade for a long period of time and handles the pull backs.

I think if this is done it will slow down the flip and also prevent unnecessary SL trigger to exit a profitable trade.

we need to stop the cloud sl moved alert to go only when it moves the cloud sl right now i think it...
OK, will do.
  • #250
  • Mar 20, 2012 5:03pm Mar 20, 2012 5:03pm
Hi seller9;
This morning the EA open a short entry AUDUSD, but at +35 pips not move at Break Even .

Thanks
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  • #251
  • Mar 20, 2012 8:47pm Mar 20, 2012 8:47pm
Quoting seller9
OK, I will change it so it only alerts when it does the flip, after that it will not alert everytime it moves.
no you got me wrong , it should always fire a alert when it moves the cloud sl right now i thing it is alerting too many times for one move of sl
  • #252
  • Mar 20, 2012 8:55pm Mar 20, 2012 8:55pm
Quoting chaveznqoos
Hi seller9;
This morning the EA open a short entry AUDUSD, but at +35 pips not move at Break Even .

Thanks
I agree the break even on u_u4 isn't working.
Attached Image
  • #253
  • Mar 20, 2012 10:54pm Mar 20, 2012 10:54pm
Quoting chaveznqoos
Hi seller9;
This morning the EA open a short entry AUDUSD, but at +35 pips not move at Break Even .

Thanks
Don't forget the spread of 5.3

You have to buy it back at the Ask.
  • #254
  • Mar 21, 2012 2:35am Mar 21, 2012 2:35am
Quoting seller9
I need a screen shot showing what you mean.
Are you using the BEJS hidden trailing stop? This does not affect the stop loss that is sent to the Broker.
The Broker stop loss follows the cloud (Up and Down) for a short trade. For a short trade it will followthe bottom of the cloud once it flips from the top of the cloud. It will move up or down depending on the bottom of the cloud.

The BEJS, which only the EA knows about follows the settings of the BEJS, this is the yellow line.
Short AUD-JPY went down around 35 pips but breakeven was not triggered. Finally it went to 12 pips loss

Same case for AUD-USD

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  • #255
  • Mar 21, 2012 4:04am Mar 21, 2012 4:04am
4) With the following settings once you reach 15 pips of profit the SL will be moved to BE + 5 pips. Also everytime the profit increases another 5 pips the SL will move up 5 pips (for a Buy trade). This will act like a trailing stop but will jump only 5 pips at a time. You can set the IchiJumpingStopPips to something else if you like, if you set it to zero it will disable the JS like in the first two examples.

IchiBreakEvenPips=10;
IchiBreakEvenProfit=5;
IchiJumpingStopPips=5;

clarification @ seller 9 ----- with the above setting >> With the following settings once you reach 15 pips of profit the SL ( once you reach 15 pip profit or 10 pip profit )

also what should be the setting for moving to breakeven the moment the profit hits 10 pips

is it the bottom one ??

IchiBreakEvenPips=5;
IchiBreakEvenProfit=5;
IchiJumpingStopPips=5;
  • #256
  • Mar 21, 2012 4:22am Mar 21, 2012 4:22am
Hi thanks to unimak for introducing this strategy and to you for the EA. Please find below the snapshot of USDCHF....the EA hasnt taken any trades for me thus far...am i doing something wrong or do i need to tweak the settings abit... looking forward to your reply

Regards

Raza
Attached Image
Raza
  • #257
  • Mar 21, 2012 4:38am Mar 21, 2012 4:38am
i find that the BE is working fine, we need to fine tune the settings and understand it in the first place how it works, also we need to inputs from seller 9 about the time field , it refers to which time , broker or gmt ??


The good part is the EA is hitting profits , the bad part is due to our own wrong setting of BE/JS the profits vanish . so once this is understood then I am sure we will be locking profits.
  • #258
  • Mar 21, 2012 6:22am Mar 21, 2012 6:22am
only problem with this version is the cloud sl flip portion, even when i put 5 bars to check and then flip , it flips in the next bar, need to slow down the flipping

otherwise this is a killer , kudos to seller9
  • #259
  • Mar 21, 2012 6:37am Mar 21, 2012 6:37am
Trouble is with cloud sl flip it flips too fast even when in setting it is given 5 bars later to flip . am i missing something ? need to slow the flip
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  • #260
  • Mar 21, 2012 6:51am Mar 21, 2012 6:51am
when i am selecting buyer and seller , it takes the buy trade and then gets ready to sell once the buy trade closes but does not fire the entry when the sell comes . instead "it says looking for a clean candle ".


Those who are testing please report your findings.
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