Ichimoku + Daily-Candle_X + HULL-MA_X + MacD โ Strategy by JohnHarry66
By JohnHarry66
Performance Metrics
- Author: JohnHarry66
- Symbol: OANDA:XAUUSD
- Timeframe: 1 hour
- Net P&L: โ5,452.66 USD (โ53.95%)
- Win Rate: 18.3%
- Profit Factor: 0.561
- Max Drawdown: 5,508.18 USD (55.08%)
- Total Trades: 339
- Sharpe Ratio: โ0.533
Description
Hereโs a clean and clear **description** you can use for your **"Ichimoku + Daily-Candle\_X + HULL-MA\_X + MacD"** strategy in Pine Script or documentation:๐ **Strategy Description: Ichimoku + Daily-Candle\_X + HULL-MA\_X + MacD**This multi-factor trading strategy combines **trend**, **momentum**, and **price confirmation** indicators to generate high-confluence entry signals. Itโs designed for traders seeking precision entries based on multiple layers of confirmation across different timeframes.๐ **Core Components**1. **Ichimoku Cloud (Trend Confirmation)** * Uses **Tenkan-sen (Conversion Line)**, **Kijun-sen (Base Line)**, and **Senkou Spans A & B**. * Confirms long bias when **Leading Span A > B**, and short bias when **Span A yesterdayโs; bearish if lower. * Adds higher-timeframe momentum context.3. **Double Hull Moving Average Cross** * Uses a fast-reacting **Hull MA** on the current and previous bars. * A bullish signal triggers when current HMA > previous HMA (trend strength). * Smooths out price noise better than traditional MAs.4. **Custom Hull-Based MACD (Momentum)** * Calculates the MACD line using **two Hull MAs** (fast and slow). * Signal line is another Hull MA of the MACD. * A bullish signal is when **MACD > Signal Line**, bearish when the opposite.---๐ **Entry Conditions**Long Entry* * HMA cross is bullish * Daily candle momentum is up * Price is above previous HMA * Ichimoku cloud shows bullish trend * MACD is above its signal line*Short Entry** * All above conditions flipped for bearish signals๐ง **Strategy Objective**This strategy aims to:* Filter out false signals by requiring multiple confirmations* Catch **sustained directional trends** instead of short-term fluctuations* Use higher timeframe context (daily candles) for better reliability