一目均衡表交易系统 (Ichimoku trading system)

Ichimoku trading system

Trading instrument: any
Time frame: any, but usually weekly and daily
Indicators: Ichimoku

Entry rules

Buy:
1. The price is above the Cloud, and / or
2. The Tenkan-sen line is above the Kijun-sen line, and / or
3. The Chinkou Span line is above the price chart.
A position should be opened by execution of a pending order. The order is placed on the upper point of the market extremum, which is formed after the rebound of the price downward.

Sell:
1. The price is below the Cloud, and / or
2. The Tenkan-sen line is below the Kijun-sen line, and / or
3. The Chinkou Span line is below the price chart.
A position should be opened by execution of a pending order. The order is placed under the lower point of the market extremum, which is formed after the rebound of the price upward.

Exit rules

1. The price touches the Tenkan-sen line, or
2. The price touches the Kijun-sen line, or
3. The price touches the Clouds border, or
4. The price touches the first line of the Fibonacci fan. The Fibonacci fan is built from the point of the market extremum at the beginning of its movement and up (or down) to the opposite extreme point of the current market, that is, from the bottom to the top of the movement (when buying) and from the top to the bottom of the movement (when selling). It is important not to confuse: the Fibonacci fan is built not from the market entry point, but from the point of the beginning of directional movement or trend (up or down). Fibonacci fan line, which is closest to the price, serves as the exit level. And the exit order should be moved on this line.

Stop-loss is set:
1. Under (over) the signal candle, or
2. Under (over) the closest extremum of the market after the rebound, or
3. On the Tenkan-sen line, or
4. On the Kijun-sen line, or
5. On the Clouds borders.

Money management: not more than 2% on one trading instrument.

Also, special attention is paid to the japanese candlestick patterns, channels, support and resistance levels, the direction and the correlation of the current and "future" Clouds, the Tenkan-sen line, the Kijun-sen line, the Chinkou-Span among themselves as well as in relation to the price chart.