Cloud Pro | Ichimoku Confluence — Strategy by blitz_locked
By blitz_locked
Performance Metrics
- Author: blitz_locked
- Symbol: COINBASE:ETHUSD
- Timeframe: 1 day
- Win Rate: 56.1%
- Profit Factor: 3.074
Description
OverviewAn Ichimoku Kinko Hyo strategy built around one core idea: not all Tenkan/Kijun crosses are equally trustworthy. Every cross is automatically classified as Strong, Neutral, or Weak based on where it happens relative to the cloud, and you choose exactly which tiers are allowed to trigger trades — independently for long entries, long exits, short entries, and short exits. Layered on top: a higher-timeframe trend filter, ATR- or fixed-%-based risk management, and risk-based position sizing.FeaturesSignal-strength tiers — TK crosses classified Strong / Neutral / Weak by their position relative to the cloud, with separate tier selectors for long entry, long exit, short entry, and short exitTrading mode selector — run Long-only, Short-only, or Both from one scriptHigher-timeframe trend filter — requires the HTF Tenkan/Kijun relationship to agree with the trade direction before entryFlexible stop/target modes — choose ATR-based or fixed-percentage stops and targets, or disable stops entirelyRisk-based position sizing — size each trade off a target % of equity at risk given the current stop distance, rather than a flat allocation, with a max-position-size safety capOptional cloud-thickness size scaling — modestly scale position size based on how thick the cloud is relative to ATR, as a rough confidence proxyKumo twist markers — flags upcoming cloud color changes in the displaced cloud before price reaches themLive signal dashboard — price-vs-cloud, cloud color, TK state, HTF trend, current position, and next trade size, all in one tableClean visual defaults — cloud and dashboard on by default; Tenkan, Kijun, and Chikou lines are off by default and toggle back on individuallyBrief Strategy ExplanationIchimoku combines trend, momentum, and support/resistance into one system. This script uses the Tenkan/Kijun cross as its trigger and grades that cross's reliability by its position relative to the cloud at the time it fires — a cross above a bullish cloud is a stronger signal than one happening inside or below it. You decide, via the tier selectors, how selective to be. A higher-timeframe filter and configurable stop/target then manage trade quality and risk from there.Tips for UseStart on the Daily timeframe — the default 9/26/52 periods are built around itUse liquid, trend-prone instruments — Ichimoku is trend-following at its core and tends to underperform on range-bound namesStrong Only entry tiers will produce very few signals in backtests — start with Strong + Neutral and tighten from there once you've seen trade frequencyThe Chikou Span and its offset are plotted but not wired into entry/exit logic in this version — treat it as a manual visual confirmation tool if you want to eyeball it before taking a signalStops and targets in ATR mode are recalculated each bar rather than fixed at entry — be aware of this when reading backtest results, since it means the effective risk on a trade can drift with volatility after entryIf Use Cloud Scaling is on, it applies to both sizing modes — check the "Next Size" dashboard value before assuming Risk-Based mode is holding your risk % exactlyBacktest across a trending period and a sideways period separately — this version has no regime filter, so performance in choppy markets may look worse without one