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Ichimoku cloud burst ea

You are right Z's are using rangebars - and to do the justice to this ea or system - you need apply it on constant rangebars -- the paid version are more stable - you need to your rangebars chart with all bars equal in length or pips size


Quoting goldsurfer
Looking at Z's pictures in the Commercial forum he was using Range bars....really surprised someone hasn't picked up on this till now....



which one gives better results for the EA?


cheers

well, one consideration is who has a decent public domain range bar indy? i can't find one. I got one, but like you say you can't post that one
Here is version u7 and a screen shot showing what the settings do. Use it on an off-line range bar chart created using either a range bar EA or an range bar indicator on an M1 chart. I will no longer be using the "RenkoRangeBarsV1.2R_KG"

Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 ichimoku_u7.ex4   40 KB | 566 downloads
Quoting seller9
Here is version u7 and a screen shot showing what the settings do. Use it on an off-line range bar chart created using either a range bar EA or an range bar indicator on an M1 chart. I will no longer be using the "RenkoRangeBarsV1.2R_KG"

Attachment 927658

Attachment 927659

In the worst case we write a range bar indicator to work with our EA.

We stop here and test the current version and only once satisfied we move ahead.
Quoting seller9
Here is version u7 and a screen shot showing what the settings do. Use it on an off-line range bar chart created using either a range bar EA or an range bar indicator on an M1 chart. I will no longer be using the "RenkoRangeBarsV1.2R_KG"

Attachment 927658

Attachment 927659
When you get a chance could you post the ea settings in text as a post, hard to read even when pic is blown up


cheers
Quoting goldsurfer
When you get a chance could you post the ea settings in text as a post, hard to read even when pic is blown up


cheers
Hi Goldsurfer,

EA Settings

1.“UseBEJS” set to true if you want to use the Hidden BEJS.

2.“IchiBreakEvenPips” Number of pips to be in profit before the Hidden Stop Loss is moved to Break Even

3.“IchiBreakEvenProfitPips” Number of pips of profit you want the Hidden Break Even stop loss moved to (BE+PIPS) rather than just BE.

4.“IchiJumpingStopPips” The Hidden stop loss will move this number of pips every time the profit gains this same number of pips. (Trailing Stop)

5.“TakeProfitPips” Leave this at zero unless you want to shoot for a specific number of pips of profit. This will be sent to your broker along with the initial order.

6.“HidePrice” Hides the price in the information window.

7.“HideAlerts” Hides the alert information in the information window

8.“HidetoWindow” Hides the information in the information window
Quoting seller9
Here is version u7 and a screen shot showing what the settings do. Use it on an off-line range bar chart created using either a range bar EA or an range bar indicator on an M1 chart. I will no longer be using the "RenkoRangeBarsV1.2R_KG"

Attachment 927658

Attachment 927659
only one setting is not clear "clean candle pips", more explanation is needed. is it calculated from the bottom of the cloud value in case of a sell ???
for those of who think that range bar is a paid becoz of the script choice etc you can test version 5 on the 5 min chart. I am getting good results on eu au and ej .

The logic of the EA is good , so just test it ( version 5 and version 7 )

and post the results for the benefit of all . Time chart or Range Chart no issues

Preference :- Range Bar as it is designed for it.
Quoting unimak
for those of who think that range bar is a paid becoz of the script choice etc you can test version 5 on the 5 min chart. I am getting good results on eu au and ej .

The logic of the EA is good , so just test it ( version 5 and version 7 )

and post the results for the benefit of all . Time chart or Range Chart no issues

Preference :- Range Bar as it is designed for it.
Hello Unimak,

Are you saying good result with following components
1. ichimoku_u7
2. RenkoRangeBarsV1.2 R_KG
3. 5 mins offline chart
Quoting AbhijetPandi
Hello Unimak,

Are you saying good result with following components
1. ichimoku_u7
2. RenkoRangeBarsV1.2 R_KG
3. 5 mins offline chart

NO , if you see the last few posts, there is some difference of opinion on which script to use for generating range bar .

so what i am saying is , the EA has been designed to work of range bars , but some of the range bar scripts are copyrighted or are paid ,

so i began testing on time bar with version 5 not 7 , and i am getting good results. version 7 i have raised a clarification .

i am testing version 5 on range bar and time bar both , for time bar i put it on 5 min just to get more entries.

since it is a program it needs to be put to stress so just give it more entires to handle . let us c how thing progress
Quoting seller9
Here is version u7 and a screen shot showing what the settings do. Use it on an off-line range bar chart created using either a range bar EA or an range bar indicator on an M1 chart. I will no longer be using the "RenkoRangeBarsV1.2R_KG"

Attachment 927658

Attachment 927659
Can you please share this range bar EA or an range bar indicator? Or refer me to the post which mentioned this.
The ultimate purpose of creating this EA is very simple it should try its best to hit profits and avoid losses , if a trade is getting into loss then come out of it with minimum hit.

At the end of the day if this EA runs for 24 hrs then it should be in profits as along as this is achieved , minor tweaks here and there is all fine.

I think that is what every one wants
Quoting seller9
Here is version u7 and a screen shot showing what the settings do. Use it on an off-line range bar chart created using either a range bar EA or an range bar indicator on an M1 chart. I will no longer be using the "RenkoRangeBarsV1.2R_KG"

Attachment 927658

Attachment 927659
Hello Seller9

Can you please explain the set-up. Initially I was using renko on 1M chart and 20min 0ffline chart for currency pair.
Now, as per this post, M1 chart should be offline. I may be misinterpreting this. Is it possible for you to explain the exact setup.
Quoting AbhijetPandi
Hello Seller9

Can you please explain the set-up. Initially I was using renko on 1M chart and 20min 0ffline chart for currency pair.
Now, as per this post, M1 chart should be offline. I may be misinterpreting this. Is it possible for you to explain the exact setup.

you create a offline range bar chart on the 1 m time frame chart and then you use this EA on the offline chart which you generated using some indicator or EA . you have to put this EA on the range bar offline chart.
Test Update :-

Ver 7 >>>> cloud sl initial >>> status ok

Cloud SL moved >>> status Ok

BE/JS >>> status OK

Entry >>> not firing on the clean candle when set to false , some confusion in settings, seller 9 to update

if your range bar chart is generated nicely then you have this EA rocking.
Quoting unimak
you create a offline range bar chart on the 1 m time frame chart and then you use this EA on the offline chart which you generated using some indicator or EA . you have to put this EA on the range bar offline chart.
Post #157 was much easier to understand.
I hope the setup is same as mentioned in this #157 post.
I hope that i understand the setup.
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Quoting AbhijetPandi
Post #157 was much easier to understand.
I hope the setup is same as mentioned in this #157 post.

Same , nothing changes as regards generating your range bar charts.
Should i use the same setup fot Ver 7 or different one?
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Be moved. Thats cool
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As you can see i've made a setup for Ver 7 on 12 pairs.I will test this and we'll see how it's going.Also this will filter the best pairs to run the EA.
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