I just checked first version of this system now (with new build of MT4) - and it works:
Just to remind that Ichimoku indicator is used with the settings for mostly M5 timeframe. For H4 or D1 - we need to use standard Ichimoku indicator settings.
Printable View
I just checked first version of this system now (with new build of MT4) - and it works:
Just to remind that Ichimoku indicator is used with the settings for mostly M5 timeframe. For H4 or D1 - we need to use standard Ichimoku indicator settings.
AbrahamTrend indicator was improved (in premium section):
AbrahamTrend_v2.1 600+ indicator is on this post. This is the updated MTF AbrahamTrend indicator with the advanced popup/email/push alerts. This version is for the build 600 and above
(this is premium section version)
And this is very good sell trade confirmed which is going on right now:
Attachment 19709
Attachment 19710
Good trades for today:
Attachment 21870
Attachment 21871
1. Ichimoku Abraham Trend system, version #1
2. Ichimoku Abraham Trend system, version #2 with NRTR Color line indicator (also - read this post)
3. Ichimoku Abraham Trend system, version #3 with TickIchimoku indicator - this indicator was uploaded to premium section sorry:
- TickIchimoku_v1.2 indicator for Metatrader 4 is on this post. TickIchimoku_v1.2 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.
4. Rules for the system are on this post.
5. Trading example with explanation (version #1 and #2) - see this post
6. Trading Metatrader statement for version #1 and #2 is on this post.
7. Trading Metatrader statement for version #3 - see this post and this one.
8. Idea to create EA based on this system - read this page.
This indicator works well with Ichimoku cloud - this is Brent Crude Oil chart:
Attachment 27640
This system may be improved by two indicators added to it (instead of AbrahamTrend indicator for example)
- NRTR (Nick Rypock Trailing Reverse)
NRTR Color Line indicator for Metatrader 5 is on this post, or- JurikFilter_v2.1 indicator for Metatrader 5 is on this post. This is MTF updated JurikFilter indicator with ability to show in color and with AdaptiveMode.
Attachment 30476
Hello ND,
Could you please explain the rules of version #3? I am confusing how to use the icho monitor indicator.
Thanks.
Indicator from this post?
http://newdigital-world.com/howtobas....html#post7051
The explanation is here http://newdigital-world.com/howtobas....html#post7060 and here http://newdigital-world.com/howtobas....html#post7061
I mean: this indicator is showing the following: uptrend/bullish or downtrend/bearish in general on some timeframe. Uptrend or downtrend are estimated according to location of the price compare with the cloud -
- if the price is above Ichimoku cloud so buy trades/long are confirmed (sell signals should be ignored);
- if the price is below Ichimoku cloud so sell trades/short only should be confirmed (buy signals should be ignored).
This is the first version of the system, still working with MT4 build 1170:
Attachment 34630