Just using the Tenkan, Kijun and Chikou.
Buy when Chikou crosses above Tenkan and Kijun.
Sell when Chikou crosses below Tenkan and Kijun.
Stop and reverse, with an emergency stop.
The stop is not part of the profit taking strategy. It is a wide stop and just there in case of an emergency.
Chikou lags by 26 candles.
This works very well on the 5 min during active market... London open and New York open.
Since it is the 5 min it requires sitting glued to the monitor...
Have been trying to modify an existing Ichimoku ea but my skills aren't good enough.
If you want to test it out here is the template I am using...
Here's what it looks like..
Buy when Chikou crosses above Tenkan and Kijun.
Sell when Chikou crosses below Tenkan and Kijun.
Stop and reverse, with an emergency stop.
The stop is not part of the profit taking strategy. It is a wide stop and just there in case of an emergency.
Chikou lags by 26 candles.
This works very well on the 5 min during active market... London open and New York open.
Since it is the 5 min it requires sitting glued to the monitor...
Have been trying to modify an existing Ichimoku ea but my skills aren't good enough.
If you want to test it out here is the template I am using...
Here's what it looks like..
Attached File(s)
icho.tpl
< 1 KB
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249 downloads