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Ichimoku and price action - MT4/MT5 Resources

author EAcpu | 3 reads | 0 comments |
Hi guys

Edited February 2026 :
It’s been almost nine years since this post was created. Over the years I have gradually moved towards very short-term day trading.

My trading posts starting in 2026 (249 years from now) will follow my hybrid approach based on moving average setups for very short time frames and Ichimoku for everything else. Only available on Dax 40.

The moving average used is the GMMA of D Aryl Guppy, I applied a multiplier of 5. The 100 period SMA also included (observe its position relative to the GMMA and its slope) and the ema 200 (pink). Regarding Ichimoku, I only use reaction levels and hints I've collected over the years. I don't follow purely traditional Ichimoku rules .

=> Method:

* Posts 393 - 394: https://www.forexfactory.com/thread/...2#post15603302
* Example of easy trade situation: https://www.forexfactory.com/thread/...3#post15603693
* Trading bias thanks to EMA 200: https://www.forexfactory.com/thread/...5#post15616425

=> Multiple entry positions:

*https://www.forexfactory.com/thread/...0#post15582750

=> Daryl Guppy's GMMA: User's Guide.

* GMMA of Guppy x 5:
appendix
[MQ5] Multi_EMA_Indicator.mq5 3 KB | 219 downloads | Uploaded on March 4, 2026 at 3:12 PM


appendix
[PDF] Trading with GMMA - Darryl guppy.pdf 132 KB | 392 downloads | Uploaded February 21, 2026 at 4:35 PM


=> How to predict the slope of the 100 SMA using the vertical line on the chart?

* https://www.forexfactory.com/thread/...9#post15560009
* MT5 indicator vertical line: https://www.forexfactory.com/thread/...9#post15587229
* MT4 Vertical Line Indicator (Thanks Birdland): https://www.forexfactory.com/thread/...8#post15563518
* Example: https://www.forexfactory.com/thread/...2#post15591352
* Example: https://www.forexfactory.com/thread/...3#post15599793

*Vertical lines (with option: Horizontal lines) - MT5:
appendix
[MQ5] Dynamic Vertical Price.mq5 3 KB | 124 downloads | Uploaded at 3:22 pm on March 4, 2026


=> For better understanding transaction example:

* https://www.forexfactory.com/thread/...3#post15576743
* https://www.forexfactory.com/thread/...8#post15577878
* Extreme verticality of prices: https://www.forexfactory.com/thread/...1#post15582661
* Extreme verticality of prices: https://www.forexfactory.com/thread/...7#post15587107
* Extreme verticality of price and gap: https://www.forexfactory.com/thread/...9#post15590569

=> Average net price of positions with multiple entries:

* https://www.forexfactory.com/thread/...8#post15582808
appendix
[MQ5] Average Price.mq5 10 KB | 112 downloads | Uploaded on March 4, 2026 at 4:35 pm


* Indicator on MT4 (thanks Birdland): https://www.forexfactory.com/thread/...7#post15583147

=> Micro gap on M1.

* https://www.forexfactory.com/thread/...8#post15588788

=> Cloud abnormality.

* https://www.forexfactory.com/thread/...5#post15590915

=> Prick overdose on the Ichimoku Balance Sheet.

* https://www.forexfactory.com/thread/...6#post15590616
* https://www.forexfactory.com/thread/...7#post15592177
* https://www.forexfactory.com/thread/...4#post15602084
* https://www.forexfactory.com/thread/...0#post15612210

=> How to manage unrealized losses during strong headwinds.

* https://www.forexfactory.com/thread/...8#post15593818
* https://www.forexfactory.com/thread/...0#post15597730
* https://www.forexfactory.com/thread/...6#post15598096

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Ichimoku provides me with an excellent level of responsiveness and saves me from manually drawing diagrams. To find these levels, I won't hesitate to scan time frames that no one else can see - I really don't care. What is important is that the degree of reaction on the Ichimoku diagram is clear.

That being said, regardless of your personal approach, this thread remains dedicated to Ichimoku.

IMG_0086.PNGgbp chf w1.PNGgbp chf h1.PNGScreenshot1.png
IMG_0086.PNGgbp chf w1.PNGgbp chf h1.PNGScreenshot1.png
IMG_0086.PNGgbp chf w1.PNGgbp chf h1.PNGScreenshot1.png
IMG_0086.PNGgbp chf w1.PNGgbp chf h1.PNGScreenshot1.png
IMG_0086.PNGgbp chf w1.PNGgbp chf h1.PNGScreenshot1.png
IMG_0086.PNGgbp chf w1.PNGgbp chf h1.PNGScreenshot1.png

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