Gurjant_Singh

Ichimoku system

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This script is to get backtesting results of ichimoku Cloud system .

>> tick buying only to watch backtesting results of buying trades ony other wise untick to see both buy and sell trade results (for intraday timeframe)

Tell me if you have any suggestions u i will try to include them in coming updates
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hello bro.
Can u please explain this in more detail as I want to learn more about Ichimoku Cloud.
Any help would be much appreciated.
Thanks in advance.
+3 Reply
Gurjant_Singh Preetpalsmaan
@Preetpalsmaan, hi Ichimoku is a trend following system ..when candle prices close above cloud buy and vice versa for selling.. cloud itself act as area of support and resistant.
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Preetpalsmaan Gurjant_Singh
@Gurjant_Singh, one more question.
Which time frame is best for this technique?
Today itself I was testing it on 15 min chart and all 8 trades that I've tested in on worked well.
Is there any other timeframe for intraday that you would like to suggest for Ichimoku?
Thanks.
Reply
Gurjant_Singh Preetpalsmaan
@Preetpalsmaan, it will work nicely on 30 minutes and 1 hr charts .. 15min tf is also good
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Preetpalsmaan Gurjant_Singh
@Gurjant_Singh, Okay thanks a lot for clearing it up.
Reply
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