Entry/Exit orders are placed when three basic signals are triggered. Ichimoku Signals: 1) Tenkan-Sen/Kijun-Sen Cross Bullish: Tenkan-Sen is above the Kijun-Sen. Bearish: Tenkan-Sen is below the Kijun-Sen. 2) Chikou-Span Cross Bullish: Chikou-Span is above the close of 26 bars ago. Bearish: Chikou-Span is below the close of 26 bars ago. 3) Price versus Kumo Cloud Bullish: Close is above the Kumo Cloud. Bearish: Close is below the Kumo Cloud.
Notes: 1) Long-only or short-only direction is feasible by checkbox. Stop and reverse strategy is taken by default. 2) Built-in Ichimoku indicator is strictly wrong because of counting one extra bar for all Ichimoku components. Including the current bar like moving average is correct way in Japan. This problem is fixed in my script.
コメント
fatih_er
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Hey Mizuki,
Thanks for your effort but I just noticed that different calculation on values between yours and tradingview's defult one. What is the reason of it and which one is correct?
This article aims for the first step of the further study.
This script employs stop and reverse system.
Any optimizations of exit orders are not implemented.
Simply speaking, profit-taking or stop-loss is a little late.
I believe that the entry signal works well for trending market.
But sometimes, it generates fake signals inside the sideways market.
For good trading system, stop orders should be earlier than the time of entering new trade in the opposite direction.
To solve this problem, maximization of profit and minimization of loss would be future task.
This script makes good results for Nikkei, SPX, EURUSD, OIL, BTC on the daily tf.
On the other hand, poor result is obtained for GOLD.
This script doesn't guarantee your profit.
When you use this script, please trade on your own risk.
If you find any bugs, please message me.
Thank you.
sisiok
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@Mizuki32, Thank you very much for the thorough answer. Of course before I start implementing any system with real money I backtest it first. My question actually was if you are currently still backtesting your script and perfecting it or you started already using it in live with real money.
sita
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@Mizuki32, Thanks for this great strategy. Perfectly follows Ichimoku rules. Of course, false break outs are common in any market. By maintaining tight stops in the ranging markets by ADXR and ATR probably could minimises losses on false break outs.
Hope to see further improvements in this.
Thanks Mizuki...
navidghandehari
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@Mizuki32, Hi for long time you didn't check your trading view< so first of all, i hope everything is well for you and more< i want ask some questions about this indicator.
1- Is it possible redesign it for privet request with some limitation?
2- Is it possible i have other connection with you for future?
Thanks
Navid Ghandehari
TCBarisOzkalan
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Fake strategy ! Bu ne lan böyle strateji mi olur. Sakın uygulamayın !
Hi @Mizuki32, Have you tested your strategy, does it repaint because ss_high, ss_low is used in the entry and exit signals this value will change in real-time...
Thanks for your effort but I just noticed that different calculation on values between yours and tradingview's defult one. What is the reason of it and which one is correct?