KryptoNight

Ichimoku Kinko Hyo Cloud - no offset - no repaint - strategy

Ichimoku Kinko Hyo Cloud - no offset - no repaint - RSI filter - strategy

The indicator contains both the standard Ichimoku Cloud, as well as the one without the visual offset.

The Strategy Tester indicates good backtest results when the Ichimoku Cloud is paired with the RSI.
However, it seems it likes to work more as a standalone system.

The indicator can be easily converted to the study() mode by commenting/uncommenting a few lines,
then the alarms can be configured.

There are entry and exit signals ready to be used by the alert system.

The coloring of the cloud without offset contains all 3 conditions: Uptrend, Downtrend, Transition.
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Commenti

Hello, whats the difference with or without offset ?
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ScientiFist ScientiFist
@ScientiFist, + Why the script is based without the offset thank you appreciate
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Thanks for sharing, this is insane. Can u modify it to exit the trade by not enter new trade? For example, exit buy by not enter sell?
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KryptoNight ahmad_naquib
@ahmad_naquib, you can make the Strategy Tester exit a "buy" when there is a "sell" by replacing
strategy.entry("Short",strategy.short)
with
strategy.close("Long")
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Thanks for sharing! Which candle size do you use?
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KryptoNight BergerHiasl
@BergerHiasl, depending on the pair, 1h, 2h, 4h are good chart intervals. The daily is nice, but it takes too long, a lot of action is happening during the day.
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Nice script, thanks for sharing.
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