Ichimoku
with Forex King is a trend momentum strategy. Ichimoku Cloud is the
main trend filter: above Ichimoku line only buy, below Ichimoku line
only sell. In this trading system there are also other filters: Gann
Hilo , GG RSI CC and better volume. The indicator that generates the
signal of entry time is called Candlestick.
Features
of Ichimoku with Forex King
Day
trading and Swing trading
Type
of stratey: Trend Momentum
Termina
metatrader 4.
Time
Frame 15 min or higher.
Currency
pairs: major.
Metatrader
4 indicators:
Ichimoku
(7, 42,52) as main filter,
Candlestick
,
Gann
hilo Histo periods 25,
Better
volume 1.5 with alerts
GG
RSI CCI (8, 14, 20).
Trading
rules Ichimoku with Forex King
Candle
with Signal arrow above the line of Ichimoku cloud indicator.
Gann
hilo 25 period blue bar.
GG
RSI CCI green bar (optional).
Sell
Candle
with Signal arrow below the line of Ichimoku. Cloud indicator.
Gann
hilo red bar.
GG
RSI CCI red bar (optional)
Take
Profit and Stop Loss
Initial
stop loss on the previous High/Low swing or below abow the Ichimoku
blue line.
Profit
target ratio stop loss 1:1.18
In
the pictures below examples of trades with Ichimoku with Forex King.
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