Ichimoku Long and Short Strategy

2021年7月5日

This is a script which tell u when all the parameters in the ichimoku are positive or negative this to open a long or short.

Conditions to show a long:

-Ichimoku cloud in green
-Price Close above Ichimoku cloud
-Lagging span above cloud
-Conversion line above base line

Conditions to show a short:

-Ichimoku cloud in red
-Price close below Ichimoku cloud
-Lagging span below cloud
-Conversion line below base line

Dont take this as principal signal to take longs and shorts. Create your own strategy and dont trust 100% in te indicator.

For highers TF use highers TP and SL and for lowest TF use lowest TP and SL.

This is te settings i use :

15M TF
Conversion line: 9
Base line: 26
Lagging span: 52
displacement: 26
TP: 5%
SL: 3%

1H TF
Conversion line: 9
Base line: 26
Lagging span: 52
displacement: 26
TP: 8%
SL: 4%

If u find better settings pls share ir with us.

TF = Time Frame
TP = Take Profit
SL = Stop Loss

---MERZI---

2021年7月16日

版本注释

Updates
-Max Drawdown reduce
-Take profit and Stop loss areas
-Different exit settings
-Dashboard configuration