//Source idea: https://www.whselfinvest.nl/nl-nl/trading-platform/gratis-trading-strategie/tradingsysteem/17-ichimoku-tkc
Defparam CumulateOrders = false // Cumulating positions deactivated
//Defparam flatafter = 164500
//VARIABLES
once StartE = 010000 //start time for opening positions
once StartL = 230000 //ending time for opening positions (only trading in the morning)
once N = 1 // initieel aantal contracten
OTD = Barindex - TradeIndex(5) > IntradayBarIndex // limits the (opening) trades till 1 per day
once Spread = 1 //total spread buy and sell, the actual price is always in between !
once SL = round(close * 100/10000) //Setting Stop loss //Dynamic for indices
// Ichimoku settings
TenkanSen = (highest[S](high)+lowest[S](low))/2 // default setting S = 9
KijunSen = (highest[M](high)+lowest[M](low))/2 // default setting M = 26
SenkouSpanA = (Tenkansen[M]+Kijunsen[M])/2 // default setting M = 26
SenkouSpanB = (highest[L](High[M])+lowest[L](Low[M]))/2 //default setting L = 52
// Closing methodes (described for long positions, for short positions exactly the opposite
//Method 1 if TenkanSen crosses under the Kijunsen
//Method 2 if close closes under the upper side of the Kumo / Cloud, based upon the SenkouSpanA
//Method 3 if close closes under the lower side of the Kumo / Cloud, based upon the SenkouSpanB
ClosingMethod = cm //default is cm = 1
//Open LONG BUY conditions (2):
// 1: Tenkan Sen crosses over the Kijun Sen AND
// 2: Close is within 4 periods after the crossing above the Kumo (cloud), defined as Max(SenkouSpanA, SenkouSpanB) /
//Open SHORT SELL conditions (2):
// 1: Tenkan Sen crosses under the Kijun Sen AND
// 2: Close is within 4 periods after the crossing BELOW the Kumo (cloud), defined as Min(SenkouSpanA, SenkouSpanB) /
KumoBorderLong = Max(SenkouSpanA, SenkouSpanB) //
KumoBorderShort = Min(SenkouSpanA, SenkouSpanB) //
//graph KumoBorderShort
If TenkanSen crosses over KijunSen then // base for counting bars when crossing takes place
CondLong = 1
else
CondLong = 0
endif
If TenkanSen crosses under KijunSen then
CondShort = 1
else
CondShort = 0
endif
//graph cond1L
if time >= StartE And time <= StartL and OTD and not onmarket then
IF summation[4](CondLong) = 1 and summation[4](CondShort) = 0 and Close > KumoBorderLong then //
BUY N shares AT MARKET
SET STOP ploss SL
endif
IF summation[4](CondLong) = 0 and summation[4](CondShort) = 1 and Close < KumoBorderShort THEN //
SELLSHORT N shares AT MARKET //short sell conditie
SET STOP pLOSS SL
endif
endif // end purchase conditions
if not onmarket then
PriceExit = 0
endif
if longonmarket then // 3 Exit strategies
if ClosingMethod = 1 then
If TenkanSen crosses under KijunSen then
sell at market
endif
endif
if ClosingMethod = 2 then
if close - Spread * 0.5 < KumoBorderShort then //to secure a possible stop for Sell at market
PriceExit = close - Spread * 0.5
else
PriceExit = KumoBorderShort // regular STOP for sell at market, set for each trading bar
endif
endif
if ClosingMethod = 3 then
if close - Spread * 0.5 < KumoBorderLong then //to secure a possible stop for Sell at market
PriceExit = close - Spread * 0.5
else
PriceExit = KumoBorderShort // regular STOP for sell at market, set for each trading bar
endif
endif
endif
if shortonmarket then //// 3 Exit strategies
if ClosingMethod = 1 then
If TenkanSen crosses over KijunSen then
exitshort at market
endif
endif
if ClosingMethod = 2 then
if close + Spread * 0.5 > KumoBorderLong then //to secure a possible stop for Sell at market
PriceExit = close + Spread * 0.5
else
PriceExit = KumoBorderLong // regular STOP for EXIT SHORT at market, set for each trading bar
endif
endif
if ClosingMethod = 3 then
if close + Spread * 0.5 > KumoBorderShort then //to secure a possible stop for Sell at market
PriceExit = close + Spread * 0.5
else
PriceExit = KumoBorderShort // regular STOP for EXIT SHORT at market, set for each trading bar
endif
endif
endif
//exit on trailing stop price levels
if onmarket and priceexit>0 then //price exit set for each trading bar
EXITSHORT AT priceexit STOP
SELL AT priceexit STOP
endif
//graph priceexit
.
