Ichimoku Advanced: Exit Strategy Not Working

This topic contains 27 replies, has 5 voices, and was last updated by  jimasgo 3 months, 1 week ago.

Viewing 15 posts - 1 through 15 (of 28 total)
  • Author
    Posts
  • #491801

    Hi

    I’m using the advanced version and would like to use the Close below/above Tenkan-sen and/or Close below/above Kijun-sen exit strategy but it down not work.

    The entry I’m using is Only Filter, with these filters: Tenkan-sen above/below Kijun-sen
    Price is above/below Tenkan-sen

    So my problem is when it closes using the exit mentioned above, it just opens and closes trades every second, if that is clear I hope you can see that the exit strategy does not work and I desperately need it for my system.

    Can you help? I have a few days left before I can get a refund, and if this does not work then I might as well just use the basic EA.

    See settings attached.

    0988

    Attachments:
    1. 0988.set
    #493304

    Anyone? please help

    #496079

    Hi

    This is really frustrating that I don’t have a solution yet 🙁

    #496649

    ontheedge
    Participant

    Hey Jonathan,

    These should be TRUE, TradeOnNewBar=false TradeOnceABar=false, try changing them it should work.

    1 user thanked author for this post.
    #497371

    Hi ontheedge

    I’ve tried that, it doesn’t work, I’ve tried everything while waiting for a solution.

    #497507

    ontheedge
    Participant

    Jonathan, I’m able to produce the same result, if I leave the TradeOnNewBar=false TradeOnceABar=false, However if I change them to TradeOnNewBar=True TradeOnceABar=True, it stops opening multiple trades on the same bar.

    I have verified this in MT4 visual mode.

    Please check the set files to make sure there aren’t any other differences I missed.

    1 user thanked author for this post.
    #497851

    Hey ontheedge

    Seems to be working fine except for one or two irregular trades that should not have activated but i’ll give it a few days and feedback.

    Appreciate your help.

    1 user thanked author for this post.
    #498612

    I purchased today Ichimoku Kinko Hyo EA Pro 2.0
    Please provide me best ea settings.

    #498614

    ontheedge
    Participant

    I purchased today Ichimoku Kinko Hyo EA Pro 2.0

    Please provide me best ea settings.

    Hey chauhanmukesh555,

    You will need need to test each EA for your broker and settings that work best for your particular risk appetite, the EAs do not come with “Best” set files and not many users share their set files in the forum.

    Best Regards

    #499101

    Hey ontheedge

    Seems to be working fine except for one or two irregular trades that should not have activated but i’ll give it a few days and feedback.

    Appreciate your help.

    This is a work around but it still bothers me that the EA is closing the order even though the candle has not closed, @yannik I hope you can see the flaw here and fix it. If the exit strategy requires the candle to be closed and then close the order (if below TKS) it should do as it says.

    I look forward to your fix!

    #499429

    Yannick
    Keymaster

    I look forward to your fix!

    Can you share your current settings and a screenshot of trade that the EA should not have closed?

    #499492

    I look forward to your fix!

    Can you share your current settings and a screenshot of trade that the EA should not have closed?

    Hi Yannick

    Thank you for responding.

    I’ve attached screenshots of the chart, account history plus the .set file.

    Just to run through it again

    Entry:
    TKS above/below KJS = true
    Price above/below TKS = true

    Exit
    Close above/below TKS

    When the chart matches the entry criteria (let’s say long – price is above tks), the EA opens the order but as soon as price goes below the tks – even though the candle has not yet closed – the order closes (and opens and closes repeatedly). Have a look at my account history then you can see what i mean by open and close repeatedly. i do not want to limit my ideas by using the “max trade once per bar” and “trade on new bar” to work around it.

    So basically my issue is the Exit Strategy i’m using should ONLY close the order when the candle has closed below the tks.

    #499504

    Strategy Not Working

    #499674

    I dont understend in ea sattings.
    Any buddy can provide me ea settings?

    #499678

    I dont understend in ea sattings.

    Any buddy can provide me ea settings?

    Hi chauhanmukesh555

    You need to provide your own settings based on your own trade idea, unless someone is willing to give you their trade idea.

Viewing 15 posts - 1 through 15 (of 28 total)

You must be logged in to reply to this topic.