This is my first post on tsf and I would like to congratulate funyoo and everyone else that makes contributions to this fantastic site. For some time now I have been scratching my head as to how to make an expert advisor from these two wonderful indicators, as my programming skills are still very poor (I'm trying to learn!). I believe that if correctly assembly we could have a very profitable EA.
Basically I want to use the Heiken Ashi Real indicator (which I've attached) in conjunction with Ichimoko to trade trend. So...
Entry Parameters Long..
When Current Price is above the Kumo Cloud, Tenkan Sen>Kijun Sen, trade Golden Cross of Heiken Ashi Real.
Entry Parameters Short..
When Current Price is below the Kumo Cloud, Tenkan Sen<Kijun Sen, trade Dead Cross of Heiken Ashi Real.
-Stop Set at 1xspread below red line (current heiken ashi period open).
-Postion Sizing calculated from this Stop level.
-Free Equity to be used in Position sizing calculations.
a. Use trailing stop.
or b. Exit on opposite cross. (maybe a 'buffer zone' could be introduced, ie 1xspread around red line to prevent multiple crosses during a period. Beacuse of the nature of heiken ashi candles this should be a rareity but still a cause for concern i think.)
I think a martingale funtion may prove useful.
Thanks guys, I eagerly await your feedback!