Ichimoku DM strategy SAF40 – 1 hour

Ichimoku DM strategy SAF40 – 1 hour

I wrote this strategy today after studying some Ichimoku Trading Stategies.

It is mainly based around Ichimoku breakout strategy but also includes checks for Directional Movement and Divergence.

I wrote it for my local market (South Africa 40 Cash) on the 1Hr Timeframe on which it performs okay, which is no mean feat.

But to be completely honest i am disappointed with Ichimoku as an automated strategy in general.

But enough mumbling. Here is the code, maybe someone will find it useful.

Time schedule are adapted to intraday spread (8 points).

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. juanj • 257 days ago #

    Seems to work well on the DAX as well. Just change the timeframe and Stop pLOSS to ATR*3

  2. CKW • 234 days ago #

    Thanks Juanj for sharing this.
    May I know what time frame you have changed for DAX?

  3. juanj • 233 days ago #

    @CKW I cannot remember but it is easy to optimize for different time-zones just comment out the Flatbefore and Flatafter times and use variables to search for the best time period. I sometimes just optimize variable x and use 8 for variable y:
    If hour < x or hour > x+y

  4. juanj • 233 days ago #

    I actually completely re-wrote this strategy as I found I actually coded it VERY wrong. My new version is in my opinion probably one of the best Ichimoku strategies out there. @Nicholas are there any way I can replace this version?
     

    • Nicolas • 233 days ago #

      Please send it to me with the contact form, thanks.

    • nwesterhuijs • 154 days ago #

      Juanj, is it possible to just paste the new code in this comment section as some people do, given that it is uncertain at the moment whether or not the code above has been updated?

      Tnx, Norbert

    • nwesterhuijs • 154 days ago #

      Did you change the Kijun-Sen to the “Standard Period x 2” and corrected the Senkou-Span B so it is not the same as the Kijun-Sen calculation, but continued the use of the “Standard Period x 3” for the SPAN-B?

  5. Magnus Park • 224 days ago #

    Hi! Thanks for sharing! Have the code been swapped to the new one? or is it the first one still in the link?

  6. corne • 211 days ago #

    Hi there – is there maybe somewhere a new version available to look at?

  7. Henrik Eriksson Viklund • 208 days ago #

    *Bump*
    Have the code been swapped to the new one?

  8. juanj • 154 days ago #

    No, this is still the original version. I will post the new version in the forum sometime today and share the link.

  9. juanj • 154 days ago #

    For the latest version and discussions see the Ichimoku thread here:
    https://www.prorealcode.com/topic/ichimoku-strategies-general-discussion/#post-46741

  10. Louwrens • 8 days ago #

    Hi Juanj. Thanks for this. I am tying it as we speak. It does not trade that often, which is fine.But I am trying to develop a short term strategy for the SA40 on the 3,5 or 10min timeframe, that trades a few time a day with small gains, that could add up to larger ones. Could you suggest some indicators to use to achieve this? I have played around with the most common ones without success. Stochastic,RSI,MADC etc.

avatar
Register or

Likes

avatar avatar avatar avatar
Related users ' posts
Nicolas
2 weeks ago
hartgeld Hallo Nicolas, ein sehr guter Indikator, vielen Dank! Leider rechnet er bei mir nicht die Pe...
styrke Hello Nicolas, Nice screener, I appreciate the way you always try to condense at maximum th...
Nicolas There's no particular reason. RSI is widely use with its default period and results seems re...
MaoRai54 Hi, first of all Happy New Year. Well, I've inserted your indicator in DAX 1h but I cann...
Vinks_o_7 Hi Mao Happy New Year ! This is just an improved RSI where you plot a standard price momen...
fabioerliam Grazie! Buona giornata
fabioerliam Ciao Francesco! Ti disturbo ancora per chiederti se conosci o se eventualmente pensi si poss...
fabioerliam P.s. ho provato a togliere le divergenze nascoste (hd) dall'indicatore, ma nonostante inseri...
Nicolas
2 months ago
TradeNavigator RSI
TradeNavigator RSI
10
Indicators
Nicolas Tutte le impostazioni che hanno la parola "period" sono quelle dedicate ai periodi di cambio...
GianfrancoCeck Le chiedo una ultima cosa, ossia se è possibile personalizzare l'indicatore con una scritta ...
Nicolas Spiacente che non sia possibile, le coordinate grafiche non sono in pixel ma nel prezzo e ne...
gabri
2 months ago
Andyswede Really nice one! Thank´s a lot :)
gabri You are welcome!!
juanj Definitely, need to code this into an automated strategy.
Marc Boliart dear nicolas, tyvm for your indicators and strategies, i have this following error when i ch...
Nicolas Your picture is too small, but for sure the problem is about the fact you are still using v1...
edocasa CIAO , SCUSA SE TI CONTATTO,VOLEVO SAPERE SE SEI UN PROGRAMMATORE,NELCASO SE SARESTI DI...
gabri Non sono un genio ma so fare qualcosa. Posso provare ad aiutarti ma se e' troppo complicato ...
Jessar Hello, could you tell me how to use this indicator? I think the simplest things can still be...
gabri Agree. Many of those indicators are using very similar ideas. ADX is a very powerful and und...
Marcel But still it is a (lagging) derivation of price itself.
gabri All the indicators are lagging because they are all based on historical data.
Mirko Vaglio Interesting idea to bypass the limit of PRT about multiple timeframe, and I am just trying t...
Mirko Vaglio Looking a little bit more, now I understand what had to be absolutely obvious from the first...
Seb nice code! I'm trying to use your method to do a higher timeframe EMA, without success yet. ...
Robin von Bauhn Here you go! Would like to hear your feedback :) cl = RSI[2]100-a if cl and close &...
Francesco78 Sorry there might be few typos, pls send the full code. Thank you
Robin von Bauhn Oh, it's "cs" that's missing. I don't have the code right now but it's the exact same condit...
flodefacebook Merci Nicolas pour cet indicateur. Très utile dans une technique de retournement.
alex Im looking for a entry when EpicMA crosses over/under trigger. Then look for exits when Epic...
JM David, Thanks a lot and next week I begin the test of this strategy in real... You have ot...
rejo007 hello david, i'll try it could you tell me wich strategy do you use in real? thanks
David Somogyi Hello, I have a couple of DAX strategies of breakout and mean reversion. I'll try to post...
juanj To follow new developments or get the latest version of this strategy please visit the forum...
tahar Hello Juan, I wanted to test Universal Strategy via a demo account on PRT but nothing happen...
BravoDelta @juanj wondering if you may help me please. I am looking for a simply strategy to use on the...

Top