This is a LONG ONLY strategy for 4h timeframe of any Cryptocurrency/USD pairs. The strategy opens only 1 position at a time with the following conditions.
Open Long Position when: 1. Closed price above cloud AND 2. Green cloud ahead AND 3. Conversion line above Baseline AND 4. Lagging span above cloud and price action AND
Close trade when: 1. Lagging span gets below price action or cloud OR 2. Price gets inside the cloud OR 3. Price gets below baseline
You can use it on a lower timeframe at YOUR OWN RISK. My optimal timeframe is 4 Hour candles. Cheers.
Nice to see an ichimoku cloud strategy perform. I would like to see how a short strategy would do as that for me is the optimal test of a strategy. If you can win with a short strategy on bitcoin it means that you are not depending on bitcoin going up.