Return to Forex trading strategies and systems. Ichimoku 15mn Scalping Post your new strategies, discoveries or just ideas for development. They also have paid subscription options too which will give you access to all other smaller timeframes 2. However, there is nothing that is special about this particular package, this all can be achieved with any other platform such as MT4 as long as the rules are followed properly 3.
My charting package also comes with an Alerting system based on certain pre-defined conditions. Its always a good idea to set the TP quite far from the current price and then keep moving SL in the trend direction as shown in chart below 7.
If that DOJI was validated the Index should have moved higher than this level and would have closed our trade. This never happened and we continued to stay in the Trade, should look for next Doji now Hope this helps further …. Reply with quote Re: One cannot expect a single technical indicators to have odds beyond Assuming using Ichimoku in this way has positive odds Then we get Let's say by 2 pips on both TP and SL.
My optimistic estimate is 6. Substituting 30 pips with 50 pips has almost no bottomline effect kjell. What is this all based on and how did you reach to these conclusions plus what Ichimoku has to do with it?
The fact you overlooked is that I wasnt talking about Crossover but the Breakout Trading, they are entirely different in nature. The probabilities are from toolbox at http: This is a sofisticated system with many other rules? I will leave for other forumers to comment. I do not exclude that many other rules incorporated into the system will completely invalidate my rough estimate of 6. I love the holistic approach of Ichimoku. My attitude is to be conservative about long term performance.
Other people surely will be more open about potentials than me me searching for reasons not to trust a system. It is so hard to develope mechanical rules that makes a profitable system, it is such a gigantic challenge.More...