OPEN-SOURCE SCRIPT
Ichimoku+RVOL Strategy Hariss 369
Trading with Ichimoku Cloud is very simple.
It is the one of the self sufficient indicator takes every parameter into account.
Buy when price closes above the cloud. Stop loss just below the cloud and target 1.5 or 2 times of stop loss.
Sell when price closes below the cloud. Stop loss just above the cloud and target 1.5 or 2 times of stop loss.
No trade when price is inside the cloud as price consolidates here.
RVOL has been taken into account to initiate the trade with volume.
It is the one of the self sufficient indicator takes every parameter into account.
Buy when price closes above the cloud. Stop loss just below the cloud and target 1.5 or 2 times of stop loss.
Sell when price closes below the cloud. Stop loss just above the cloud and target 1.5 or 2 times of stop loss.
No trade when price is inside the cloud as price consolidates here.
RVOL has been taken into account to initiate the trade with volume.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.