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Ichimoku RSI Strategy

Source: https://fxcodebase.com/code/viewtopic.php?f=31&t=7802
Forum: 31 · Topic 7802 · 10 post(s)

Ichimoku RSI Strategy

Apprentice · Fri Nov 04, 2011 5:05 am

Ichimoku RSI Strategy.png

First, the use of this strategy is for now limited to holders of the beta version of trading platform.

the following stragegy will clearly define ranging market and trending market and it will make entry only trending market

it is based on following indicators:

  1. ischimo with tenkan-sen period 9, kijun-sen period 26, senkouspan B period 52{ default parameters}.
  2. rsi 14 with buy level (0), sell level (0)
  3. adx 14 with entry level 20{ optional } 4.dmi 14 with entry level 20{otional}

buy when:

  1. chinkov span > kijun-sen
  2. tenkan-sen > kijun-sen 3.rsi 14 cross over buy level 4.adx 14 > entry level and increasing 5.dmi 14 > entry level and dmi +> dmi -

sell when:

  1. chinkov span < kijun-sen
  2. tekan-sen < kijun-sen
  3. rsi 14 cross under sell level
  4. adx 14 >entry level and increasing 5.dmi 14 > entry level and dmi -> dmi +

exit buy when:

  1. rsi cross under sell level(0) 2.tenkan-sen cross under kijun-sen

exit sell when:

  1. rsi cross over buy level{0} 2tekan-sen cross over kijun-sen

Ichimoku RSI Strategy.lua

The Strategy was revised and updated on December 18, 2018.

Re: Ichimoku RSI Strategy

superleo · Sun Nov 06, 2011 9:21 am

thanks lot for this nice strategy. can you add following options in this strategy

for buying conditions : 1.SA > SB

  1. price>SA

it means price is above the bullish cloud. this should be considered with other buying conditions

for selling conditions:

  1. SA<SB
  2. price<SA

it means price is below the bearish cloud. this should be considered with others selling conditions

thank you

Re: Ichimoku RSI Strategy

Apprentice · Tue Nov 08, 2011 1:26 pm

Your request is added to the development queue.

Re: Ichimoku RSI Strategy

Apprentice · Fri Jan 27, 2012 1:12 pm

Can you write a complete specification.

I’m not sure which parts of the old strategy, you want to use, and which you want to change.

Re: Ichimoku RSI Strategy

superleo · Fri Jan 27, 2012 7:00 pm

sir,

buy when:

  1. chinkov span > kijun-sen
  2. tenkan-sen > kijun-sen 3.rsi 14 cross over buy level 4.adx 14 > entry level and increasing 5.dmi 14 > entry level and dmi +> dmi -

this is already present in this strategy

i request you to add

6.SA > SB

  1. price >SA

sell when:

  1. chinkov span < kijun-sen
  2. tekan-sen < kijun-sen 3. rsi 14 cross under sell level
  3. adx 14 >entry level and increasing 5.dmi 14 > entry level and dmi -> dmi +

this is already in this strategy

i request you to add

  1. SA<SB
  2. price <SA

**it means

when every thing is in bullish condition and rsi cross over buy level –buy when every thing is in bearish condition and rsi cross under sell level — sell** thank you.

Re: Ichimoku RSI Strategy

Apprentice · Sun Jan 29, 2012 1:47 pm

Your request is added to the developmental cue.

Re: Ichimoku RSI Strategy

jaricarr · Sun Jul 10, 2016 11:20 pm

it is based on following indicators:

  1. ischimo with tenkan-sen period 9, kijun-sen period 26, senkouspan B period 52{ default parameters}.
  2. rsi 14 with buy level (0), sell level (0)
  3. adx 14 with entry level 20{ optional } 4.dmi 14 with entry level 20{otional}

Hi Apprentice,

The strategy does not have the option to not use the ADX and DMI filters. Is it possible to add the “on/off” option please.

Thanks, JC

Re: Ichimoku RSI Strategy

jaricarr · Tue Jul 19, 2016 12:25 am

Hi Apprentice,

Please update so that it is possible to turn “on/off” the ADX AND DMI.

Thanks, JC

Re: Ichimoku RSI Strategy

Apprentice · Mon Aug 08, 2016 7:51 am

Major update. ADX / DMI “on/off” switch added.

Re: Ichimoku RSI Strategy

Apprentice · Sat Dec 17, 2016 9:38 am

Strategy was revised and updated.

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