Ichimoku Long and Short Strategy by M3RZI
By M3RZI
Performance Metrics
- Author: M3RZI
- Symbol: BYBIT:BTCUSD
- Timeframe: 1 hour
- Net P&L: +350,960.00 USD (+350.96%)
- Win Rate: 51.5%
- Profit Factor: 2.785
- Max Drawdown: 29,660.00 USD (14.31%)
- Total Trades: 138
- Sharpe Ratio: 0.425
Description
Jul 4, 2021This is a script which tell u when all the parameters in the ichimoku are positive or negative this to open a long or short.Conditions to show a long:-Ichimoku cloud in green-Price Close above Ichimoku cloud-Lagging span above cloud-Conversion line above base lineConditions to show a short:-Ichimoku cloud in red-Price close below Ichimoku cloud-Lagging span below cloud-Conversion line below base lineDont take this as principal signal to take longs and shorts. Create your own strategy and dont trust 100% in te indicator.For highers TF use highers TP and SL and for lowest TF use lowest TP and SL.This is te settings i use :15M TFConversion line: 9Base line: 26Lagging span: 52displacement: 26TP: 5%SL: 3%1H TFConversion line: 9Base line: 26Lagging span: 52displacement: 26TP: 8%SL: 4%If u find better settings pls share ir with us.TF = Time FrameTP = Take ProfitSL = Stop Loss---MERZI---Jul 15, 2021Release NotesUpdates -Max Drawdown reduce-Take profit and Stop loss areas-Different exit settings-Dashboard configuration