The "Ichimoku KBO Chikou" trading strategy
Hello everyone,
I particularly like to do some studies on the Ichimoku indicator.
There are many strategic possibilities, and unlike some preconceived ideas, it is quite possible to develop automated trading strategies based on this indicator and some predefined rules.
Here, I will present you a very simple strategy, that can surprise by its effectiveness in many conditions.
Indeed, you will find that the result is mostly profitable over the long term (even if the curve of capital evolution is not always beautiful), whatever the stock / index / forex pair, and the timeframe.
I found that this strategy works rather well on the CFD associated with the DAX, in M15 graphs.
Of course, this strategy is far from being a panacea, but it has the merit of attracting our attention and being able to be developed. There must be many opportunities for improvement.
The rules are simple :
BUY if:
- the price is above the kumo (either it was already,
