doing backtests and they look good on 4hour eur nzd
is this accurate or is strategy tester full of crap
is this accurate or is strategy tester full of crap
Renko and Ichimoku Cloud Cross 132 replies
ichimoku cloud breakout strategy 29 replies
Need an Ichimoku Stop Loss behind the cloud - EA 0 replies
The Ichimoku Cloud 4 replies
DislikedThe same trade opened here too. I'm using 10 pip range bar and 25 as breakeven pips, here is my trade's details:
Open price: 82.91
Close price: 83.11
Profit: 20 pips
How is your trade? We can compare different settings here, since you use 15 pip range bars and 35 pips as breakeven.Ignored
DislikedThe question was asked if you can set EA to trade just London? I can't get the EA to say anything but "Within Hours" no matter how I set it. But i thought I saw you post something about setting it to trade London.
cheersIgnored
DislikedYes, I was thinking also of setting up a demo test with BEJS set to false and then just let the cloud stop loss take you out of the trade. It seems once into a good trade(Buy Trade), the cloud starts to follow the rising PA anyway and when they do come back together would be a good extit, so maybe BEJS is not needed at all.Ignored
DislikedMy Aussie trade using 10RB opened up with a 42 pip SL! You need the option to limit that, like two bars going against you, etc. But you don't want a 42 pip SL, really bad risk to reward.
cheersIgnored
DislikedMaybe I missed it, but can you explain how you limit your losses to 10 or 15 pips?Ignored
DislikedI have hard SL 30 tp 60 -- or if new signal come before the sl 30
I hardly see loss of 30 pips -- 15-25 -30
I think I got the currect cloud settings and rangebars pips range -- h
try 4 - 8 - 12 see whats works better - for you each pairs are differentIgnored
DislikedWhen you use ichimoku as your trading system, the strongest support and resistance levels are the 2 sides of the cloud (kumo). Look on that aussie chart how the price bumped back multiple times from either side of the kumo in the previous uptrend. I usually put my stop loss on a previous high or low (support or resistance) when trading manually using other system - so if the cloud gives you a good support/resistance level, why don't you want to use that to determine your stop loss? When using tme based 1h or 4h charts, that 40 pip stop loss is not...Ignored
DislikedThere you are 1-2 RR. No need for the EA though 'cause it can't be set this way unless I'm missing something. 50% winners makes you boo-koo pips!
This is what the EA needs in MM settings, lower the risk.
cheersIgnored
DislikedTrading is an art- skill you develop after years and years
Be smart to lower you loss- this is 1 of the 3 best system on ff -- if you fine you settings and stick to it- I am not a big fan of ea --
If I see signal I enter set sl and tp - if I am infront of PC and new signal comes - I close losing one enter next trade - If not let what ever happen loss 30 pips or gain 60
There is one guy on FF trying to pull this system down -- watch out for him he thinks he own FFIgnored
DislikedTrading is an art- skill you develop after years and years
Be smart to lower you loss- this is 1 of the 3 best system on ff -- if you fine you settings and stick to it- I am not a big fan of ea --
If I see signal I enter set sl and tp - if I am infront of PC and new signal comes - I close losing one enter next trade - If not let what ever happen loss 30 pips or gain 60
There is one guy on FF trying to pull this system down -- watch out for him he thinks he own FFIgnored
DislikedIf the trade goes straight against you, wipe's out lot of profits. Because you don't have a set 40 pip gain. It's simple Risk to Reward. Should be minimum of 1-1. Now the ea only has to hit more winners than losers. Common trading sense to me. But you should be able to trade anyway you want to....so different MM options should be added to the 'bot. Just my opinion, not my decision. But U-Turn definitely has the right idea.
cheersIgnored
DislikedSince unimak is making the calls as to how this EA gets developed, I will let him decide on what to add or if it lives or dies.
I am having very good results with it on my live accounts and I let it run 24/5 and only check it once or twice a day.
So if this thread dies and everyone goes back to manual trades I will continue along with the EA on my own and for my own use.Ignored