The trade strategy is based on the Indicator Ichimoku Kinko Hyo, and gets support through the Stochastic Oscillator.
Input Parameters Tenkansen_period = 7; (Period of the Tenkansen line - from the Ichimoku indicator) Kijunsen_period = 22; (Period of the Kijunsen line - from the Ichimoku indicator) SenkouSpanB_period = 44; (Period of the Senkou Span B line - from the Ichimoku indicator) StochasticK_period = 5; (Period of the %K - from the Stochastic Oscillator) StochasticD_period = 3; (Period o
The trade strategy is based on five moving averages. To determine the trend, it uses five exponentially smoothed moving averages: EMA1 ,EMA2, EMA3 ,EMA4, EMA5.
Trade Signals Buy signal: EMA1 > EMA2 > EMA3 > EMA4 > EMA5 and Current tick <= EMA1 ( for better entry) Sell signal: EMA1 < EMA2 < EMA3 < EMA4 < EMA5 and Current tick >= EMA1 ( for better entry)
Input Parameters EMA_1 = 13; (shortest period of EMA) EMA_2 = 20; EMA_3 = 50; EMA_4 = 100; EMA_5 = 200; (largest period of EMA) Lot = 0.1; SL