🟩Entry Conditions
Last updated
Last updated
Choose here the different conditions that will trigger the trades. You can choose only one or several. As soon as a condition is met, a trade will be triggered. If a condition is met while a trade in the same direction (Long or Short) is already in progress, it will be ignored. The most commonly used Ichimoku signals are cloud breakouts and the crossings of the Tenkan Line and the Kijun Line. Each Ichimoku signal (except breakouts) is classified according to its strength according to the positioning of the signal relative to the cloud: Weak, Neutral or Strong. (Source: https://www.ichimokutrader.com/signals.html)
Cloud Breakouts: Entry after a cloud breakout up or down. Possibility to set a maximum distance between the price at the opening of the candle and the cloud as a percentage of the opening price. If the distance is too great the signal will be ignored.
Bounce Off The Cloud: Entry after bouncing above or below the cloud. Possibility to set a maximum distance between the price at the opening of the candle and the cloud as a percentage of the opening price. If the distance is too great the signal will be ignored.
Tenkan x Kijun Crossings: Entry after a bullish or bearish cross of Tenkan and Kijun. Possibility to choose the signal strength: Weak, Neutral or Strong.
Chikou x Price Crossings: Entry after a bullish or bearish cross of the Chikou with the price. Possibility to choose the signal strength: Weak, Neutral or Strong.
Tenkan x Price Crossings: Entry after a bullish or bearish cross of the Tenkan with the price. Possibility to choose the signal strength: Weak, Neutral or Strong.
Kijun x Price Crossings: Entry after a bullish or bearish cross of the Kijun with the price. Possibility to choose the signal strength: Weak, Neutral or Strong.
Price Above/Below T-K: Long entry after a cross of the Tenkan or Kijun with the price and that the Tenkan and Kijun are below the price. Entry Short after a cross of the Tenkan or Kijun with the price and that the Tenkan and Kijun are above the price. Possibility to choose the signal strength: Weak, Neutral or Strong.
Tenkan-Kijun Rise/Fall: Entry after the Tenkan and Kijun change state to go in the same direction up or down simultaneously. Possibility to choose the signal strength: Weak, Neutral or Strong.
Early SSA x SSB Crossings: Entry when Early SSA and SSB cross is confirmed 26 bars forward (in the projected cloud). Possibility to choose the signal strength: Weak, Neutral or Strong.
SSA x SSB Crossings: Entry at a classic cross of SSA and SSB. Possibility to choose the signal strength: Weak, Neutral or Strong. It is also possible to choose if the projected cloud is trending and to avoid small clouds that can sometimes indicate false signals.
