简化一目表 (Simplified Ichimoku)

Hello Everyone, this is a thread to record my journey in discovering a simplified version of Ichimoku. The 'real' Ichimoku thread is being written by Emma over at the 'Ichimoku' thread, please refer to hers if you'd like to learn in-depth about the indicator and follow her journey. I do not wish to spam her thread with my ideas, (paper) trades and ramblings and I hope she doesn't mind the few trades I already posted there.

The core strategy of the thread comes from a Youtuber called Trade Pro and his 4 year old video with the title 'Crazy Results Best Ichimoku Cloud Trading Strategy Proven 100 Trades'.

I know what you're thinking, a thread based on a YT video. Well, I am a visual learner and as much as I respect Emma's excellent thread, I needed a video and a more simplified version of an Ichimoku strategy to really get started on this wonderful indicator. I will be posting trades, musings and thoughts on the journey, feel free to contribute!

Trade Pro used the 1 hour EURUSD chart to backtest the strategy 100 times, I trade both forex and futures and will explain in my next post how I differentiate between the two (this is a method I am just starting out on so we'll see how this evolves). You can see his backtest results in the attachment, take it for what it's worth (and watch the video, it describes the rules and shows a number of examples).

So the ground rules of the strategy based on Trade Pro's video:
- We use the default Ichimoku indicator.
- We wait for the instrument (5 or 30min chart) to make a move outside the cloud and close (this is our signal to prepare)

- We go long at market after we closed above the cloud AND the lagging span of Ichimoku also closes above the cloud AND the current cloud (the cloud that is 26 bars ahead of price) is green/bullish
- We go short at market after we closed below the cloud AND the lagging span closes below the cloud and the current cloud is red/bearish

(It's important you wait for all these conditions to line up, it may take a while or price might close back inside the cloud in which case the trade is scrapped)

- For stop loss Trade Pro advises in more general terms, I like to put my stop a few ticks beyond the 3-candle highest high/lowest low if possible, otherwise the Tenkan/Kijun lines should serve as pretty accurate stops

- For target, Trade Pro advises going for 2R and I tend to concur. From what I have seen so far, it's well worth going for 2R as you will not have a crazy high win rate, especially on 5min. I tend to put an alert to 1R and just pull my stop to break even.

Attached you can see an on-going XAUUSD and Oil CFD trade that I am currently in. In the next post I will attach many already closed trades from yesterday and today.