Ichimoku with Fibonacci

Buy Signal

Ø  ICHIMOKU ENTRY (BUY)

1.       Crosses the Kumo  = Senkou Span A > Senkou Span B or Senkou Span B > Senkou Span A

2.       A bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen

3.       A bullish signal occurs if the current price is above the Kumo.

4.       A bullish signal occurs when the price crosses from below to above the Kijun Sen

5.       A bearish signal occurs when the Chikou Span falls from above to below the price

Ø  HAIKEN ASHI CANDLES (BUY)

If Last HA closed candle is bullish then open the buy trade

Ø  Fibonacci (Buy Confirmation Use Only)

If the fibo attached indicator gives buy signal (Price greater than R5) and fibo histogram is green color and greater than Zero.

Sell Signal

Ø  ICHIMOKU ENTRY (SELL)

1.       Crosses the Kumo  = Senkou Span A > Senkou Span B or Senkou Span B > Senkou Span A

2.       A bearish signal occurs when the Tenkan Sen crosses from above to below the Kijun Sen

3.       A bearish signal occurs if the current price is below the Kumo.

4.       A bearish signal occurs when the price crosses from above to below the Kijun Sen

5.       A bullish signal occurs when the Chikou Span rises from below to above the price

Ø  HAIKEN ASHI CANDLES (BUY)

If Last closed candle is bearish then open the sell trade

Ø  Fibonacci (Sell Confirmation Use Only)

1.       If the fibo attached indicator gives sell signal signal (Price less than R5) and fibo histogram is red color and less than Zero.

Stop Loss.

For Buy Trade.

1.       If Kijusen less than tenkensen or

2.       If price less than kijusen or

3.       Fibo histro less than zero and less than R5 fibo line. Or

Target.

1.       Fibo target

2.       Trailing Stop (Step, move step, Stop) also book pips when price moves to next level

3.       Break even

4.       Atr stop loss