Ichimoku Kinko Hyo

The strategy/automated trading system, What I’m wanting to develop is based on, and uses the indicator; Ichimoku Kinko Hyo.

A brief understanding of the strategy and how it works.

If the blue line thetenkan-sen, or conversion line, crosses below the red line thekijun-sen, or base line, it is a buy position. Or if the blue linetenkan-sen, or conversion line crosses above the red line thekijun-sen, or base line it is a short position. These positions only close if the opposite happens.

In short:

(Open a buy position) when the  blue line crosses the  red line  and the   blue line is underneath the red line.

Only (close the position) when the red line crosses the blue line.

(Open a short position) when the  red line crosses the  blue line and the   blue line is above the red line.

Only (close the position) when the red line crosses the blue line.

Optional settings:

Then the strategy will have two optional settings, and the ability to trade multiple currencies at the same time, to give the strategy the ability to trade 24/7.

The first optional setting is basically, a high risk and low risk or (“risk management”). An theoretical example: would be on a high risk, it will trade 80% of the last profitable trade and adjust lot sizes accordinglyand keep the 20% safe within the trading balance. These percentages can change based on the user risk management regarding risk levels and profitability.

The second optional setting, is more low risk management and is more a safety net on where trades automatically close if the red line quick movement to opposite direction. More information and visual examples will be provided, when offer is accepted.