SoftKill21

Ichimoku with MACD/ CMF/ TSI

This is a strategy made from ichimoku cloud , together with MACD , Chaiking Money FLOW and True Strenght Index .

It can be adapted to any timeframe and any type of financial markets.


The idea behind its very simple,

We combine the long / short strategy from ichimoku , like cross between lines and below/above cloud together with histogram from MACD for positive/negative level. We use the same criteria for TSI and CMF , to check if its above or below 0 level.
Based on that we have a long or a short entry. The exit happens when the next options triggers, like for example we had long signal, we exit when we receive the short signal and viceversa.


It can be adapted with a risk management to apply a tp/sl level.



For any suggestion or details , let me know.


Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
My website: https://www.atraderlife.com/

Telegram group: https://t.me/atrader_life

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Comments

can this be used on the 1m, 15m ,30m charts?
+14 Reply
@cryptostart99, Intraday strategy with same day square off results are not great. Overnight 5 and 15 minutes seems to work
Reply
Looks promising ..let me back test will update you
+4 Reply
bogmidlogjsjs mihirkshirsagar
@mihirkshirsagar, did you check how is it ? and particular advise for this
Reply