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Ichimoku cloud burst ea

  • #261
  • Mar 21, 2012 10:22am Mar 21, 2012 10:22am
Short AUD-JPY - 42 pips as of now...
But again initially SL was 80.00 and now shifted to 80.05
Also how the break even should work?

Attached Image (click to enlarge)
Click to Enlarge Name: aud-jpy.gif Size: 51 KB
  • #262
  • Mar 21, 2012 1:12pm Mar 21, 2012 1:12pm
Quoting unimak
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...

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

In the above example the stop loss will move to break even plus 5 pips profit once 5 pips of profit is reached and then move 5 pips for every 5 pips more of profit. The thing is you will be setting the stop loss right at the current price.


In the following the stop loss will move to break even plus 5 pips of profit when 10 pips of profit is reached and then the stop loss will jump 5 pips for every 5 pips more of profit. The stop loss will then be 5 pips below the present price.


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


The following will move to break even when profit hits 10 pips and then stop loss will jump 5 pips every time the profit increases another 5 pips. The stop loss will be 10 pips below the present price.



IchiBreakEvenPips=10;
IchiBreakEvenProfit=0;
IchiJumpingStopPips=5;
  • #263
  • Mar 21, 2012 1:15pm Mar 21, 2012 1:15pm
Quoting AbhijetPandi
Short AUD-JPY - 42 pips as of now...
But again initially SL was 80.00 and now shifted to 80.05
Also how the break even should work?

Attachment
The stop loss follows the cloud UP or DOWN.

Check my previous post on how the BEJS works.
  • #264
  • Mar 21, 2012 1:19pm Mar 21, 2012 1:19pm
Quoting unimak
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
This will be changed in next version to user defined number of pips from cloud before flip.
  • #265
  • Mar 21, 2012 1:26pm Mar 21, 2012 1:26pm
Quoting shr5
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
It only trades on break out from the cloud and if you have it started in the right direction by setting Buyer or Seller to true.

Do you have any screen shots of trades that may have been missed, and was the EA on the chart when the trade was missed? All break outs must start with a closed candle inside the cloud.
  • #266
  • Mar 21, 2012 3:04pm Mar 21, 2012 3:04pm
Quoting seller9
It only trades on break out from the cloud and if you have it started in the right direction by setting Buyer or Seller to true.

Do you have any screen shots of trades that may have been missed, and was the EA on the chart when the trade was missed? All break outs must start with a closed candle inside the cloud.
Thanks for the reply....well I hadnt set the buyers & sellers to true before....but now have them set ...probably that's the reason a sell on audusd was missed....my bad...thanks again...pips to you
Raza
  • #267
  • Mar 21, 2012 6:09pm Mar 21, 2012 6:09pm
Can someone help explain why these two charts look different. They are from different brokers. How do I know which one is showing the right settings. Thank you...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2012-03-21_1804.png Size: 52 KB
Click to Enlarge Name: 2012-03-21_1805.png Size: 53 KB
  • #268
  • Mar 21, 2012 10:11pm Mar 21, 2012 10:11pm
Version 4 BE and SL are not working properly, I think. Even the stealth SL (yellow line) is not showing. They were all working in version 3.
Attached Image
  • #269
  • Mar 21, 2012 10:26pm Mar 21, 2012 10:26pm
Found the bug in the BEJS Hidden Trailing Stop that was causing the BEJS not to function when in a short trade. Works Ok in a Long Trade but does not fire when in a short trade, will fix in next version. This snuck in on me when I changed the BEJS to a Hidden BEJS so it would not conflict with the cloud stop loss sent to the Broker.
  • #270
  • Mar 21, 2012 10:41pm Mar 21, 2012 10:41pm
Nice to see a profit of 69 pips , we need to sort out the bugs in the cloud SL and the BE/JS side , the entry is fine .

waiting for new version release with these bug fixes
  • #271
  • Mar 21, 2012 10:45pm Mar 21, 2012 10:45pm
Present Testing Status :-

1. entry on the clean candle itself

works fine

2. in case of a breakout but no clean candle the ea continues to search for a clean candle in the next one and it continues in the same way till it finds a clean candle to open a trade on it.

works fine

3. initial cloud stop loss will be set below the lowest future cloud value in case of a buy trade minus 3 pips ( user defined )

works fine

4. The cloud SL will flip to the top value of the cloud of the present candle once the trade starts hitting profits , from here on it will keep moving as per the present candle's top cloud value.

Bug flips too fast.

5. The profit will be booked by the TP given by the user , incase of no TP being given then the profit will be booked by the BE/JS logic.

TP books the profit given by the user , BE/JS logic books profit provided it works, bug identified,

6. The EA will flip from buyer to seller and seller to buyer automatically, only you have set the inital mode that is buyer or seller.

not satisfied, some problem here when one trade is thru , in the next one it changes mode and says " searching for a clean candle " although one can see a clean candle it does not fire.

7. In case you are testing the strategy of exit on opposite signal then just let the cloud SL take care of the entire thing and no need to put any BE/JS

Not tested . Some members please test and report.
  • #272
  • Mar 22, 2012 2:05am Mar 22, 2012 2:05am
Not sure if this is required in the EA.

Yesterday, for USD-CAD, priced shooted up and EA tried to put a LONG trade. Somehow, the LONG trade was not accepted by broker due to heavey movement in the price action.
In that case, EA did only 1 attempt to place the trade. after a fail, it did not tried to place the trade.
Should this be included in the EA to recheck if that trade is placed on the pair and if not then try again untill trade is placed.
  • #273
  • Edited 6:58am Mar 22, 2012 2:12am | Edited 6:58am
Currently, this AUD-JPY short is on 87.89 running (150 pips profit) with SL set to 87.79. I'll update when this trade gets closed on SL or on opposite signal. If this information could help anywhere in the EA.

Attached Image (click to enlarge)
Click to Enlarge Name: aud-jpy.gif Size: 49 KB
  • #274
  • Mar 22, 2012 4:45am Mar 22, 2012 4:45am
Quoting AbhijetPandi
Currently, this AUD-JPY short is on 87.89 running (150 pips profit) with SL set to 87.79. I'll update when this trade gets closed on SL or on opposite signal. If this information could help anywhere in the EA.

Attachment
great just post the range bar size and allow this trade to close via the cloud sl trigger and not via the BE/JS . just let the cloud sl handle the entire thing
  • #275
  • Mar 22, 2012 5:15am Mar 22, 2012 5:15am
If my broker's platform using 5 digits, should I multiply the pip values by 10 in the ea's settings?

The EA catched 2 trades this morning on the eurjpy and gbpjpy pairs. I've closed both of them manually, since the be/js doesn't working in the current version. 220 pips profit! That's really good.

Meanwhile there was about 2-3 other setups that the ea didn't catch, just saying "looking for clean candle". In the last couple of days it made big losses on the usdcad pair (fake breakouts).
  • #276
  • Mar 22, 2012 7:52am Mar 22, 2012 7:52am
Quoting Zool
If my broker's platform using 5 digits, should I multiply the pip values by 10 in the ea's settings?

The EA catched 2 trades this morning on the eurjpy and gbpjpy pairs. I've closed both of them manually, since the be/js doesn't working in the current version. 220 pips profit! That's really good.

Meanwhile there was about 2-3 other setups that the ea didn't catch, just saying "looking for clean candle". In the last couple of days it made big losses on the usdcad pair (fake breakouts).
zool right now restrict yourself to usdchf, eu, ej, au, gu , usdjpy cadjpy currency . it cannot make huge loss as the cloud sl if it triggers will result in a 15 pip max loss.

This is not fully tuned as of now , so we need to wait for the stable EA version
  • #277
  • Mar 22, 2012 8:32am Mar 22, 2012 8:32am
Quoting unimak

4. The cloud SL will flip to the top value of the cloud of the present candle once the trade starts hitting profits , from here on it will keep moving as per the present candle's top cloud value.

Bug flips too fast.

I might be too late, but do you need help with that part? I'll give my hand in it! cause I've been working on fixing it. I just back tested it, and now it seems fine. I am forward testing on demo right now to see if it's fixed. Let me know if you want me to post it. I will post it as soo as confirmed that it works fine on this part if you need the debug version.
  • #278
  • Mar 22, 2012 9:32am Mar 22, 2012 9:32am
Quoting SamBell
I might be too late, but do you need help with that part? I'll give my hand in it! cause I've been working on fixing it. I just back tested it, and now it seems fine. I am forward testing on demo right now to see if it's fixed. Let me know if you want me to post it. I will post it as soo as confirmed that it works fine on this part if you need the debug version.
you are free to post the code , all help welcome .
  • #279
  • Mar 22, 2012 9:35am Mar 22, 2012 9:35am
Here is version u5, I don't have time to explain changes now, but they are what unimak suggested and you should be able to figure them out from the settings. It made it through the night OK and the BEJS seems to be working now for short trades. You should be able to replace u4 with this one, if you put it on a trade thats already open just open the EA properties and do your settings and when you click OK it will ask you if you want to manage the trade, just say yes and it will manage the trade according to your settings. If you are in profit enough the BEJS should kick in according to what you have set.


Attached File(s)
File Type: ex4 ichimoku_u5.ex4   39 KB | 437 downloads
  • #280
  • Mar 22, 2012 9:43am Mar 22, 2012 9:43am
Quoting seller9
Here is version u5, I don't have time to explain changes now, but they are what unimak suggested and you should be able to figure them out from the settings. It made it through the night OK and the BEJS seems to be working now for short trades. You should be able to replace u4 with this one, if you put it on a trade thats already open just open the EA properties and do your settings and when you click OK it will ask you if you want to manage the trade, just say yes and it will manage the trade according to your settings. If you are in profit enough...
Can you please answer to this?
"If my broker's platform using 5 digits, should I multiply the pip values by 10 in the ea's settings?"
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