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Tired of searching for Simple Functional EA's?
All these fancy features make it difficult to backtest. Fortunately, we have the only solid/usable Ichimoku cloud strategy on the market.
How does it work?
The buy/sell signals are to be found at the official Wikipedia page of Ichimoku Kinkō Hyō: https://en.wikipedia.org/wiki/Ichimoku
It basically uses all parts for buy/sell conditions including the: Cloud, Tenkan-sen, Kijun-sen and lagging span.
As money management there is a feature of setting a threshold to your account equity.
Works on any timeframe , doesn't repaint , Ichimoku cloud counters overfitting.
Uses Heiken Ashi candles in it's calculations, that is how the ichimoku was originally designed!
Input parameters:
Nothing here needs to be explained. Its as simple as that, enjoy your algo trading!
NOTE : This algo is meant to be optimized by it's user.