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Re: Ichimoku Indicators for MT4

constbln, Fri May 20, 2022 9:10 pm

PumbaPLS wrote: Fri May 20, 2022 8:27 pm "Ichimoku will not give proper signals " - Who are you to know that? you have tried out different settings on different timeframes? Even if, certainly not enough.

"nor it made for that purpose" - Who cares if the indicator got made for that purpose or not? It was published in the laste 1960's, why would you still strictly follow something that got made 60years ago? Get creative.

"it is based on multi momentum logic" - How does that mean that you cant take entries based on it? My whole Trading is based around momentum, same as my entries.

"if we know how to handle this sword it will help to achieve success." - What if we can turn a sword from 1960 that was used in a completely different Market environment AND for stocks, not for Forex or Crypto into a Sniper Rifle? Or a machine gun? Its 2022. A sword wont get you far.

Ichimoku is there for 60Years already, if people still dont know how to handle this "sword" then maybe it was never a sword to begin with.
yes ichimoku doesnt work at all ;) I traded it on this a ccount on the 1min with different settings. regarding the topic what works and what doesnt there is one answer only: If it works for you, it works.
find a system that fits you
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