Setting up a trade using Ichimoku on ONT BTC Daily

2018年8月24日

Since I learn best when going through examples, here's a trade setup using notes from this article,
forexstreet.net/profiles/blogs/trading-with-the-ichimoku

Pre-flight checklist for trading w/ Ichimoku:
1. Price versus the Kumo = bearish or bullish
2. Type of territory = bearish, normal or bullish territory
3. Tenkan Kijun (TK) Cross = bearish or bullish cross
4. TK Cross signal strength = weak, neutral or strong signal
5. Chikou Span vs Price = bearish or bullish
6. Kumo Future = bearish or bullish


TL;DR
Bullish TK Cross but:
* Market sentiment is still bearish
* Weak signal strength (below Kumo)
* Bearish Chikou, below price of 26 periods ago
* Kumo Future still bearish

Hence, no trade atm.

Thoughts? Thanks

2018年8月24日

註釋

Adding TrendMaster, Heikin Ashi candles and Stoch Momentum Index... still bearish.

2018年8月27日

註釋

Trade is on ONT ETH

2018年8月27日

註釋

Heikin Ashi candles + TrendMaster system giving a possible bullish signal if signal candle closes and confirms

However, still a weak signal strength on the TK Cross along with:
* Bearish Chikou
* Bearish Kumo Future

2018年8月29日

手動結束交易

Created another idea with ONT ETH pairing,

Signal candle just printed via TrendMaster few days ago. Will backtest the system on this one :fingers_crossed: