I have been trading with ICHI strategy for more than two years now and from my experience its best to trade all currency pairs offered by your broker, Trust me This has given me more than four trades a week consistently and also I use TF H9 considering this I feel that it is reasonable.
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Also remember that any trading involves risks and there is no trading system which is immune to losses. Your experience may easily start with a losing trade, so before giving up on a system, make sure you've tested it well.
However, there will be no miracles. Those strategies will not be revolutionary Forex strategies of all times or some "Holy Grail" systems to bring you millions, at least we cannot promise that.
What we can promise is that there will be a lot of stuff to learn and ideas to try out.
If you are not able to spend the whole day at the screen, and want to be able to set-and-forget, the IKH_HA Strategy provides a good solution PROVIDED you also employ the use of a trailing stop.
TRADE ENTRY – LONG POSITION:
· Price candle MUST completely clear top of the Kumo and close above the Kumo
· Tenkan Sen cross up above Kijun Sen
· Chikou Span MUST be above the price curve and trending upwards
· Senkou Span A cross up above Senkou Span B and
· Heiken Ashi candle MUST be green.
hummmmm.. ilove this, but how do u determine your SL and trailing stop value? not only that, the ichi865 is not showing on my platform whenever i load it what do i need to do? Am using MT9 platform
The ichi865 Monitor can be downloaded at http:///?p=6599 free of charge. Other indicators listed below are part of the MT9 package.
I have Ichi865 monitor V7 and pasted it in the experts folder of MT9and restarted MT9 but still when I try to apply it for the chart it is not working… any help is appreciated.
Much ado about nothing. Ichi is okay , and it does work, but it is very strict on rules, misses a lot of good trades , and is very time consuming.
I am not sure what you are doing wrong with the ichi865 Monitor. It should be as simple as downloading, saving to the MT9 indicators folder, and attaching to the chart. The stop and trailing stop is tagged to the Kijun Sen (blue line), plus or minus a buffer to absorb market noise. The buffer is equal to ATR/6.