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Date/Time: Fri, 19 Apr 2024 13:32:56 +0000



Post From: Ichimoku strategy

[2018-09-23 08:51:34]
User609325 - Posts: 1
Hi, I am a new user of Sierra, I would like to ask you if anyone has ever tried or managed to implement a strategy based on the ichimoku cloud. My current trading system is composed like this:
Conditions to open a long:
first - chikou out of the cloud and above the cloud,
second - green future kumo or span A above the span B to the future.

Conditions to open a short:
first - chikou out of the cloud and under the cloud,
second - kumo future red or span B above the span A to the future.

Long signal:
upper breakout of the kumo by the graph, or
tenkan passes over kijun above the cloud (strong cross bull).

Short signal:
lower breakout of the kumo by the graph, or
tenkan passes under the kijun under the cloud (strong cross bear).

The trade opens when it occurs: condition 1 + condition 2 + one of the 2 signals all the same.
The trade closes when the price meets the kijun if in profit, if a loss is expected in a subsequent cross.
Stop loss on opposite cloud breakout.
 
My goal would be to create an automatic trading system that respects these rules. I tried to read the guide but I'm finding it very difficult to make the system.