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Ichimoku Abraham Trend system

This is a discussion on Ichimoku Abraham Trend system within the Trading Systems forums, part of the Trading Forum category; +100 pips for EURUSD:...

      
   
  1. #11
    Administrator newdigital's Avatar
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    +100 pips for EURUSD:

    Ichimoku Abraham Trend system-usdjpy-h1-alpari-nz-limited.jpg

  2. #12
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    NRTR_Color_line vs AbrahamTrend

    I think - NRTR_Color_line indicator is more suitable for classical trading but AbrahamTrend indicator is more good for scalping.

    Just an example here:

    Ichimoku Abraham Trend system-nrtr_1.png


    Ichimoku Abraham Trend system-nrtr_2.png

  3. #13
    Administrator newdigital's Avatar
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    I think - this system may be improved with AllAbsoluteQQE_v2 indicator and with AllAbsoluteDifference_v2 indicator. And it may be good EA for the future for example.

    Ichimoku Abraham Trend system-usdjpy-h1-alpari-nz-limited-2.png
    greenmilk likes this.

  4. #14
    Administrator newdigital's Avatar
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    I think - the main indicators for this future possible EA may be the following:

    default Ichimoku
    NRTR_Color_Line indicator
    AllAbsoluteQQE_v2 indicator

    Ichimoku Abraham Trend system-usdjpy-h1-alpari-nz-limited_123.png

  5. #15
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    Hi, I have installed the Ichimoku Abraham trend system, but the display is different, without the trend lines. But these are appearing in the modified version. So, which one is up trend and which is down trend. There are many lines which are not explained.

    Ichimoku Abraham Trend system-i-abraham-template-001.jpg

    Ichimoku Abraham Trend system-i-abraham-template-002.jpg

    Thanks

  6. #16
    Administrator newdigital's Avatar
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    Hi Jozo,

    As I see - it is different. Did you compile AbrahamTrend_v1 indicator in MetaEditor?

    I am suggesting to you to use original template from here, trade it on demo for M5 or H1 timeframe, and after that you can add more indicators to this system.

    It is how this original template looks for me:

    Ichimoku Abraham Trend system-abovecloud_1.png



    Ichimoku Abraham Trend system-abovecloud_2.png

  7. #17
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    Thanks a lot.
    I have downloaded and installed the template "ichimokuabrahamtrend.tpl " but the result is still the same no blue or red trend lines.
    I don't know what am doing wrong.
    Joe
    Last edited by Jozo; 05-02-2013 at 06:40 AM.

  8. #18
    Administrator newdigital's Avatar
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    The rules are simple:

    • if the price is above Sinkou Span B line (one of the border of Ichimoku cloud) so this is uptrend
    • if price is below Sinkou Span B line - downtrend
    • if price is inside Ichimoku cloud - it is ranging market condition (trade on your own risk)
    • red dot of AbrahamTrend_v1 indicator is for sell order (if downtrend)
    • blue dot of AbrahamTrend_v1 indicator is for buy order (if uptrend).

  9. #19
    Administrator newdigital's Avatar
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    You can use NRTR color line indicator instead of AbrahamTrend_v1. Because we are moving stop loss based on the indicator's line, and it is more good to use NRTR color line indicator instead of AbrahamTrend_v1. I think - AbrahamTrend_v1 is more for scalping for example.

    I just hope that Igorad will create some EA based on this system.

  10. #20
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    Thanks a lot.

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