This is a discussion on Ichimoku Abraham Trend system within the Trading Systems forums, part of the Trading Forum category; +100 pips for EURUSD:...
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.
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:
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 07:40 AM.
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).
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.
Thanks a lot.
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