AMAZING Multi Timeframe Trading System - Highly Profitable

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4 years ago
1.78K
Finance & Crypto

https://traderslanding.net
A community member challenged me to create a trading system that uses the Ichimoku indicator plus “some other indicators” to provide more conformation. That is exactly what I did, and this system shows extreme promise. While it needs much more testing, I think by adding my optimization tips and strategies it can be adapted into a very good complete trading system.

In addition to reviewing the indicators, providing exact entry rules, defining the take profit and stop loss levels, testing it for 100 consecutive setups, reviewing the results, discussing the equity curve, and scoring the system on a scale of 1 to 10, I also share my 5 optimization tips that you can try in your own trading system development. Do not neglect back and forward testing, that is critical.

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🏠 System Web page: https://traderslanding.net/2022/02/12/62/

🔍 Link to my Testing Performance Spreadsheet: https://traderslanding.net/results/

📘 Link to my free backtesting spreadsheet: https://traderslanding.net/2021/08/15/26/

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⏱️ Timestamps ​​⏱️
00:00 - Start
00:38 - Indicators
02:29 - Long Examples
03:12 - Short Examples
04:58 - Results, Equity Curve, Score
06:19 - Optimization

⚙️ System Specifics ⚙️
📛 System Name: Tokyo Express
🏆 Trader’s Landing Score: 8
🎹 Instrument: British Pound / Japanese Yen (GBP/JPY)
⌛ Time Frame: 1-Hour & 5-Minute (H1 & M5)

👀 TradingView Indicators
Name: Ichimoku Cloud
Inputs: Default
Style: H1 - Remove Conversion Line, Base Line, Lagging Span. M5 - Conversion Line, Base Line.
By: TradingView Built-In
Link: https://www.tradingview.com/support/solutions/43000589152-ichimoku-cloud/

Name: ATR Bands
Inputs: Default
Style: White
By: AlexanderTeaH
Link: https://www.tradingview.com/script/uTetNB3s-ATR-Bands/

Name: Divergence for Many Indicators v4
Inputs: Divergence Type: Hidden, Indicators: MACD, RSI, Stochastic, Chaikin Money Flow, Money Flow Index
Style: Default
By: LonesomeTheBlue
Link: https://www.tradingview.com/script/n8AGnIZd-Divergence-for-Many-Indicators-v4/

☝️ Long Entry
1. Price above the green Ichimoku Cloud on the 1-Hour.
2. Hidden bullish divergence signal on the 5-Minute.
3. Conversion Line (Tenkan-Sen) crosses above the Base Line (Kijun-Sen) on the 5-Minute.

👇 Short Entry
1. Price below the red Ichimoku Cloud on the 1-Hour.
2. Hidden bearish divergence signal on the 5-Minute.
3. Conversion Line (Tenkan-Sen) crosses below the Base Line (Kijun-Sen) on the 5-Minute.

🔥 Risk to Reward: 1:2

🛑 Where to place stop-loss: 2 times ATR on the 1-hour chart.

🚀 Where to take profits: 1:2

______
⚠️Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice.
Attribution
Licensed under creative commons license:
Funny Fails Compilation video 2020😂😁😂.
https://youtu.be/KlzTrrxP_E8
Clip description: Egg on head
Metatags
#StrategyReview #TradingSystem

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