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Ichimoku cloud burst ea

  • #1,121
  • Oct 26, 2012 7:26am Oct 26, 2012 7:26am
Here is an example of the trades for EUR/USD EUR/JPY both winners. I closed EURUSD early as i had to drive into work.

EUR/JPY 5 lots $243.21 - total pips 40
EUR/USD 5 lots $62.50 - total pips 12

As for the settings and template here is how you set your chart up.template below as well but this is to be applied to the Renko chart not the set up. Make sure you do STEP ONE THEN OPEN THE OFFICE LINE CHART AND APPLY THE TEMPLATE TO THE OFF LINE CHART.

1 - open a 1M chart of EURUSD and place RenkoRangeBarsV.2_R_kg (found on this forum) with the following settings - 10,0,2 False, True, False

If you want to build it by hand do the below

2 - Go to your MT4 at the top pick File - Open Offline - Select EURUSD M2. Now you have the Renko chart

3 - Place Ichimoku Kinko Hyo settings 9,26,52 (i dont use this is just for comparison)
Place another Ichimoku Kinko Hyo settings 8,5,3
Place the Indicator "Attachment" (attached below) you really dont need this but i like to have it. It just tells me what color the Henki Ashi candle.

Thats it then all you do is trade when the candle crosses and closes out side AND is not TOUCHING the Ichi 8,5,3 (blue cloud). Enter 1 tick above below. There are examples below from last night.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY 1.jpg Size: 44 KB
Click to Enlarge Name: EURUSD 1.jpg Size: 48 KB
Click to Enlarge Name: TRADES 1.jpg Size: 41 KB
Attached File(s)
File Type: ex4 attachment.ex4   3 KB | 1,054 downloads
File Type: tpl basic ichi temp.tpl   1 KB | 1,037 downloads
  • #1,122
  • Oct 26, 2012 8:39am Oct 26, 2012 8:39am
What is your Exit strategy?
  • #1,123
  • Oct 26, 2012 8:58am Oct 26, 2012 8:58am
Quoting 4xplosion
What is your Exit strategy?
It varies on each trade most of the time i target 40 pips but a minimum of 10 can be reached each night. Its really up to the trader on what they want to aim for.

My stop loss is a hard 15 pips.

I just wanted to show people this system does work
  • #1,124
  • Oct 26, 2012 12:09pm Oct 26, 2012 12:09pm
Well.....keep it up...I think you are doing a very good job, excellent in fact....I added it to my "bag of systems" and it is very clean and easy to follow....appreicate it...(bagged 30+ pips today with nzdusd and eurusd buy with combination of other systems that I use)!
  • #1,125
  • Oct 26, 2012 12:14pm Oct 26, 2012 12:14pm
Quoting 4xplosion
Well.....keep it up...I think you are doing a very good job, excellent in fact....I added it to my "bag of systems" and it is very clean and easy to follow....appreicate it...(bagged 30+ pips today with nzdusd and eurusd buy with combination of other systems that I use)!
Lets hope some of the original posters come back to this forum and this gets picked back up.

I know they were thinking about just an EA but towards the end there it seemed like things died down.

If things pick up i think i will start a new thread on this system. I'll try my best to post all the trades taken.
  • #1,126
  • Oct 26, 2012 3:35pm Oct 26, 2012 3:35pm
That is a great idea................
I will post MY favourite set up.
Others do the same.......
Someone who can make an EA ( a good coder) can select/amalgamate the best and make a VERY successful EA out of our ideas.
STARTIBG DATE 30 October 2012 and closing date 6 NOVEMBER 2012.
LET US MAKE A DIFFERENCE.
George
PS
SHOULD THIS BE A NEW THREAD??
  • #1,127
  • Oct 26, 2012 8:22pm Oct 26, 2012 8:22pm
Yes....a new thread is a great idea.....otherwise you will have to constantly answer the same tired questions that have already been addressed...a fresh start is my vote!
  • #1,128
  • Oct 27, 2012 10:05pm Oct 27, 2012 10:05pm
Quoting 2george
That is a great idea................
I will post MY favourite set up.
Others do the same.......
Someone who can make an EA ( a good coder) can select/amalgamate the best and make a VERY successful EA out of our ideas.
.......
I like the simplicity of your method 2George. I will try it out and see what happens. I too would really like to see an EA of this method.

Thanks for posting!

Richard
  • #1,129
  • Oct 28, 2012 1:26am Oct 28, 2012 1:26am
Quoting 4xplosion
Yes....a new thread is a great idea.....otherwise you will have to constantly answer the same tired questions that have already been addressed...a fresh start is my vote!
I will start a new thread but not under Trade Systems i will do a trade journal this way we dont have to deal with the normal banter back and forth of the worn out questions we have all answered that DONT work and focus on the what is working and how to make it better. The fact is the cloud cross works and i have prof it does i just want to make it so we can discus it as traders so we all profit.
  • #1,130
  • Oct 28, 2012 1:39am Oct 28, 2012 1:39am
Quoting jacioux
I will start a new thread but not under Trade Systems i will do a trade journal this way we dont have to deal with the normal banter back and forth of the worn out questions we have all answered that DONT work and focus on the what is working and how to make it better. The fact is the cloud cross works and i have prof it does i just want to make it so we can discus it as traders so we all profit.

Nice....looking forward to it!!
  • #1,131
  • Oct 28, 2012 11:54am Oct 28, 2012 11:54am
i am on holiday but will be back Monday evening (29th).
If someone starts it before me please post the link - let us give it our best shot and hope we find a good coder to piece it all together.
It will take me 2 days before I will be able to post my best system. By best system I mean the smallest number of losses in percentage terms.
Regards
George
  • #1,132
  • Oct 28, 2012 12:47pm Oct 28, 2012 12:47pm
Quoting jacioux
I will start a new thread but not under Trade Systems i will do a trade journal this way we dont have to deal with the normal banter back and forth of the worn out questions we have all answered that DONT work and focus on the what is working and how to make it better. The fact is the cloud cross works and i have prof it does i just want to make it so we can discus it as traders so we all profit.

It started already...as Noted Above..under Trade Journal.....title is:

Renko and Ichimoku Cloud Cross
  • #1,133
  • Oct 28, 2012 3:05pm Oct 28, 2012 3:05pm
Quoting 4xplosion
It started already...as Noted Above..under Trade Journal.....title is:

Renko and Ichimoku Cloud Cross
I will post all the trades i take along with the screen print of the chart. Right now i am just using the Ichi 8,5,3 cloud cross BUT only trade from Midnight New York time to 7:00 am.

I have looked into having an EA built for this but will continue to trade manual as what i have noticed is somedays i can get 40 pips and some are more of a 20pip day. And sense EA's are hard stop loss and target its hard to code in when its a 40 pip day or a 20 pip day.

See you at the journal board.
  • #1,134
  • Oct 28, 2012 4:10pm Oct 28, 2012 4:10pm
Not able to find the new thread.
Could a link be posted please?
Regards
George
  • #1,135
  • Oct 28, 2012 5:13pm Oct 28, 2012 5:13pm
Quoting 2george
Not able to find the new thread.
Could a link be posted please?
Regards
George


http://www.forexfactory.com/showthread.php?t=392058
  • #1,136
  • Jan 10, 2013 8:56am Jan 10, 2013 8:56am
is this EA works on ranged bar?, because I've been trading cloud breakout using ranged bar, and shows great result, i use 20 pips ranged bar
entry: enter every time it touched the cloud and closed outside
SL: at high or low of the breakout candle
trailing: wait until 4 bar have passed then move my SL to break even or until i have 2x my SL
TP: previous high/low or any previous retracement that's at least 3:1 in PL ratio, i usually set 2 TP. take 50% at point 1 another at point 2.

i need to add to this ea: SL that is automatically set at high or low of the breakout candle, and move to break even after 4 bars or after certain pips that we can determine.

and how can we use ranged bar in strategy tester?

will this ea works on ranged bar, because i've tested it live won't enter on cloud breakout, i want the ea to enter trade on the breakout candle as shown in the picture, can someone help me?, this system works great, out of 50 trades or so in 3 different currencies the win percentage is 45%, with average profit loss ratio= 1:5. maximum consecutive loss is 10.
Attached Image (click to enlarge)
Click to Enlarge Name: forexfactory.png Size: 15 KB
  • #1,137
  • Jan 19, 2013 1:07pm Jan 19, 2013 1:07pm
Quoting jacioux
Here is an example of the trades for EUR/USD EUR/JPY both winners. I closed EURUSD early as i had to drive into work.

EUR/JPY 5 lots $243.21 - total pips 40
EUR/USD 5 lots $62.50 - total pips 12

As for the settings and template here is how you set your chart up.template below as well but this is to be applied to the Renko chart not the set up. Make sure you do STEP ONE THEN OPEN THE OFFICE LINE CHART AND APPLY THE TEMPLATE TO THE OFF LINE CHART.

1 - open a 1M chart of EURUSD and place RenkoRangeBarsV.2_R_kg (found on this forum) with the following...
Hello all and thanks for your contribution in this threat
Jacioux your setting for ichimoku 8-5-3 are very good you can also try 4-12-24
  • #1,138
  • Aug 16, 2013 7:45am Aug 16, 2013 7:45am
Quoting unimak
Hi, This is inspired from the manual trading system ICHIMOKU CLOUDBURST of zaman which has gone commercial, the idea here is to make a EA based on the principles of ICHIMOKU cloudburst as discussed in the thread http://www.forexfactory.com/showthread.php?t=290062 The requirements of the EA are pretty simple it will be trading on the range bar screen and will take trades based on the 9 26 52 cloud and matrix settings. the details of the indicators files are available in the ichimoku cloudburst thread. We need to have a SL which is to be...

I really like this EA. I use this EA to Enter the trade, but I use Heikin-Ashi strategy to exit the trade with maximum profit. I did manually, I won 95% of my trade. Can anyone program this strategy to this system?
Here is my strategy.
1. Enter the trade when cloud burst and Tenkan-sen and Kijun-se cross.
2. Exit the trade when Heikin-Ashi first bar close in different color.

I am not a programmer, If somebody can program this to this EA?
  • #1,139
  • Oct 3, 2013 1:23am Oct 3, 2013 1:23am
Hi guys ...and girls

Has anyone found out which settings work best for this EA?

I have also realised that it keeps betting continuously on one only trend, even though i have changed its setting to 0 to do not do that, but it keeps doing it.

Is this EA a good entry EA? i have been doing it backtesting on metatrader and it keeps getting half loses, half wins.

Cheers
  • #1,140
  • Dec 3, 2013 3:26pm Dec 3, 2013 3:26pm
How did you go about back-testing? When I try to do that, it ONLY initializes first trade and once the trade is closed, the EA would never come back from "Trading Suspended" mode?
Maintain a positive attitude no matter how much you lose!
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