Requests and Raw Ideas

Hi TIMisthebest,

The idea of Ichimoku indicator is mostly related to the market condition. Some analytics are taking about Sinkou Span A to be a virtual border berween bearish and bullish on the chart, some of them are deciding for Sinkou Span B line to be a virtual border (Sinkou Span A and Sinkou Span B are the border of Ichimoku cloud - just move the mouse to any line of Ichimoku indicator - and you will see the name of this line).

Name of Ichimoku cloud is kumo (just a term).

But what all analytics agreed is the following: if the price is above Ichimoku cloud/kumo so it is bullish market condition, if below so it is bearish, if the price is inside kumo so it is ranging or flat (depends on the width of kumo).

All the lines of Ichimoku indicator is something about Moving Averages indicator shifted (some of them). We know that MA (or EMA) indicator can be s/r for traders ... but it is not s/r related to price action - it is MA s/r anyway (or some kind of digital filters' s/r).

To have s/r related to pure price action - I am using MaksiGen_Range_Move.

The combination of Ichimoku and MaksiGen_Range_Move can provide very good technical forecasting.

All my trading miorning is started with the analysis of Ichimoku together price action s/r.

Originally Posted by igorad

Hi doc,

Please check out the updated EA.

Regards,
Igor

Thanks alot, you are the best.
I'll check during these days, but at first sight it seems perfect.
Regards

doc

Originally Posted by newdigital

Hi TIMisthebest,

The idea of Ichimmoku indicator is mostly related to the market condition. Some analytics are taking about Sinkou Span A to be a virtual border berween bearish and bullish on the chart, some of them are deciding for Sinkou Span B line to be a virtual border (Sinkou Span A and Sinkou Span B are the border of Ichimoku cloud - just move the mouse to any line of Ichimoku indicator - and you will see the name of this line).

Name of Ichimoku cloud is kumo (just a term).

But what all analytics agreed is the following: if the price is above Ichimoku cloud/kumo so it is bullish market condition, if below so it is bearish, if the price is inside kumo so it is ranging or flat (depends on the width of kumo).

All the lines of Ichimoku indicator is something about Moving Averages indicator shifted (some of them). We know that MA (or EMA) indicator can be s/r for traders ... but it is not s/r related to price action - it is MA s/r anyway (or some kind of digital filters' s/r).

To have s/r related to pure price action - I am using MaksiGen_Range_Move.

The combination of Ichimoku and MaksiGen_Range_Move can provide very good technical forecasting.

All my trading miorning is started with the analysis of Ichimoku together price action s/r.

-----------------------------
thanks to reply :
1) as same as this subject, is it can be used or use it about " tenken & kijun " ?
2) " if the price is inside kumo so it is ranging or flat (depends on the width of kumo). "
can you please explain more about this ,
3) if you please explain about i asked befor :

( " 1. can you " newdigital " please some explain " MaksiGen_Range_Move mtf " and how it work and what is the
logic and algorithm of it ?, ( if more detail for best Recognition , thank you )
( and/or Igorad please if you see this ) . thank you both. ")

thank you.

1) as same as this subject, is it can be used or use it about " tenken & kijun " ?

Yes, it can be used as 2 EMA's crossing - means : very weak signal but this signal is coming as the first one because it is not lagging.

2) " if the price is inside kumo so it is ranging or flat (depends on the width of kumo). "
can you please explain more about this ,

The other example :

MaksiGen_Range_Move is drawing support/resistance lines according to the number of bars specified by user in the settings. It is usually 2 support and 2 resistance lines. Last lines (last s/r lines) are made in blue/red dotted indicating the levels for possible buy stop (dotted blue) or sell stop (dotted red line) orders to be opened.

Sometimes - one or two s/r lines are becoming trend lines and we can see price patterns (classical ones).

thank you newdigital.

Originally Posted by igorad

Hi doc,

Please check out the updated EA.

Regards,
Igor

Dear Igor,
I had checked the mod of my ea but I found an issue that I cannot understand.
During high volatility moment the ea generates wrong touchx and previoustouchx (tested each tick mode on m1) as you can see from this video:



Any support is really appreciate, thanks.

Best regards

doc

I think the problem is about this signal:

Code:

if(ema1[1] > ema2[1] && ema1[0]< ema2[0])

Dear Igor,
could you please tell me how is it possible to store the previous tick data from mql5?
Using MqlTick I have only tick.bid, I would like to have also prevtick.bid

Best regards

doc