Ichimoku a240 system

Unattended settings: (Pair, Trigger)
EURUSD 100
USDJPY 60
CADCHF 80
GBPAUD 250
USDCHF 100
AUDUSD 120
GBPCHF 150
CADJPY 90, break even at 92.075
EURJPY 100
AUDCHF 60
EURGBP 60
GBPJPY 150
GBPCAD 180
AUDJPY 120
AUDCAD 120

set target to 2000 to all
I will be back in 12 hours. good luck to you all!
bauta

Closing GBPJPY
I do not like trading on Fridays and either, leaving winning positions opened during the week end.
this type of strategy do not call for a close yet, but in this case I will close this one.
The only reasons to close it are the fact it test the previous high and that is Friday.


I would like your opinion about this closure.

I do recommend you to close position using a240 EA closeAll line or setting parameter MaxTakeProfit to 1. Doing a closure with a240 EA will guaranty all orders related to that symbol-magic number are closed, including pending orders.
To close immediately with a closeAll line, drag a line inside the last bar and name it closeAll.
I will review this pair by the end of next week to confirm we closed it premature. Keep tuned.
thanks , bauta
Please post your comments.

a240Trader v100.006

What is new? Fixes, display panel and parameter set save/load.
How to save parameters preset?
click Profit label. If you select yes, next time you load the pair chart, the preset values will be loaded.
How to delete parameters preset? (reset)
Click Direction label.

Please re-download the EA on post 1.

Note that magic number will not be saved/loaded with the parameter preset feature.
Let me know what do you think.

Almost done for this first week. see you all next week. Nice weekend for all of you.
thanks, bauta

Hi Traders,
I will continue trading 0.01 lots till we get a 7/10 wining ratio with at least 10 closed trades. (note that trades and orders are not the same. I do call trades to the all set since the setup till the close. it may include many orders)
also, I will continue to trade as more pairs as possible, two reasons for that: One, statistics of wining vs losses and split capital. if you put all the money in one pair and it loses, you loses all. if you put little on many and you lose one, you lose a little. Keep that in mind and forget a little about overtrading for now.

after we statistically prove this system is working, we will start increasing lot quantity and reducing quantity of pairs been traded.
stay tuned,
thanks, bauta

Manage:
EURGBP
It is time to manage this position. We are long and the price is trading now below kumo. Note we missed a sell signal marked with the arrow.
we will apply the symmetry concept we learned in my scalping system Expanding Grid. (Open a trade in the opposite direction) No FIFO here.
First, open a new chart for EURGBP
change magic number to 1 and trigger to 60 in the new chart.
Wait for a green bar to closes.
Note we will use lineTrader to open orders here.

On the existing position, set MoneyTakeProfit to 0 (zero).
Verify Trigger is set to 60



I will post next steeps in shortly.
stay tuned.
bauta

Closing:
GBPCAD
Closing now. Get ready to reentry later.
draw an horizontal line, name it closeAll and drag it inside the last bar. It will close all, opened and pending orders. This is my recommended way to closure, it ensures you do not have any pending order outstanding.

thanks, bauta

Counter Setup:
AUDCAD
Sell at 0.9390. Must use lineTrader. Drop an horizontal line, move it to 0.9390 and name it sellStop
Magic 1, Trigger 100 (see image)

Set existing long position trigger to 100

bauta

Updates:
Please re-download a240Trader on post one. Some fixes.
Always check the date of a240Trader in post one. If your copy is older, please re-download.
thansk, bauta

Setup:
Sell stop 0.7310, magic number 1

bauta

Setup:
AUDCHF Sell stop 0.6917 Magic 1, trigger 60

updates:
a240Trader v100.007
New feature. Target_Money parameter. If the values is set to zero (0) the EA will target one Trigger_Increment pips, if it is set to 2 (default), the EA will target twice the trigger value, if it is set to 1, the EA will break even, any other value, the EA will close at that value in money profit.
Use default 2 if you are running this strategy unattended, note that setting the EA to Disarmed will not avoid closure at target. if you want to target manually, set target to 2,000 for example.
Please download the EA at post 1
thanks, bauta

Hi traders,
This week I am not opening new trades. We mastered the entries already. now, I just mastering the exit and managing the loss.
Let's see how the explorer ends.

***FREE SIGNALS***
if you want to demo my signals, I am offering then per free, at Meta Quotes signal provider.
Copy free signals here:
https://www.mql5.com/en/signals/138645

Please post your results,

by bauta, 2015

Manage:
Adding a new rule for managing positions. Reverse short position above the first red bar that closes above kumo, reverse long positions below the first green bar below kumo.
to reverse a long position, draw an horizontal line, name it sellStop and enter lot quantity in description, quantity must be greater than net lots, to reverse short, name a line as buyStop.

Let's see how this play,

stay tuned, bauta

Hi traders,
I will increase the lot qty to 0.05 and I will start opening new positions demoing it for the next month.
If necessary, I will post any change on rules or tips to manage positions. Note this is an long term system based on H4 timeframe. Do not expect quick returns.
For a more aggressive style, see my ExpandGrid system.
Thanks you all for your support,

***FREE SIGNALS***
if you want to demo a240 signals, I am offering then per free, at Meta Quotes signal provider.
Copy free signals here:
https://www.mql5.com/en/signals/138645

Please post your results,

hi bauta ,
does this a240Trader EA only close order - or will it open order based the strategy here?
when i backtest, i did not see it open positions...
Green pips to you!

The EA manage open positions only. This is not a fully automated trading system.
bauta

ya, if we can come up with a EA or indicator to auto trade, that will be fantastic with method!

Doing an EA to enter positions is not a difficult task, note there are only few rules. The idea here is to manage this manually. Look at the system every four hours and take decisions from there.
I do not have plan of doing an EA to enter for now. Anyway, that will be open for future reviews.

bauta

Hi Traders,
I am closing positions and I will stay flat for some time. I will keep you updated.
Thanks, bauta

No bad at all.
I will use the explorer for my ExpandGrid demo. I am posting a240 results here for future reviews.
thanks, bauta