OPEN-SOURCE SCRIPT

ICHIMOKU Crypto Swing Strategy

Updated
This is a crypto swing strategy designed for timeframes bigger than 1h.

The main components are
ICHOMOKU
KDJ
Average High
Average Low


Rules for entry
For long: we have the ichimoku crosses between tenkan and baselines, we have a rising kdj line and at the same time we have a increase in the average high
For short: we have the ichimoku crosses between tenkan and baselines, we have a falling kdj line and at the same time we have an increase in the average low


Rules for exit
We exit when we have inverse conditions than the initial ones used for entry.


Caution
This strategy does not use a risk management, so be careful with it !


If you have any questions let me know !
Release Notes
v2
cryptodowntrendETHBTCfallinghighIchimoku CloudkdjLOWMoving AveragesrisingTrend Analysisuptrend

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


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