Ichimoku Abraham Trend system

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.

Just to remind:

Originally Posted by newdigital

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.

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:

Originally Posted by newdigital

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:

Good trades for today:

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.

Originally Posted by newdigital

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:

This indicator works well with Ichimoku cloud - this is Brent Crude Oil chart:

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.

Hello ND,

Could you please explain the rules of version #3? I am confusing how to use the icho monitor indicator.

Thanks.

Originally Posted by ab5681111

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?
Ichimoku
The explanation is here Ichimoku and here Ichimoku

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: