513# Ichimoku with the bands
Submit by Fergus 27/03/2016
Ichimoku with the bands is a trend following forex strategy based on the Ichimoku indicator, the Canal ant for Max (tradestation indicator) and I-911 line.
This strategy is very interesting, because it helps us to interpret the Ichimoku indicator.
Time frame 5 min or higher.
Financial markets: any.
Ichimoku Kinko Hyo
Canal ant for Max (tradestation indicator) setting for more time frames:
М1 Deviation = 0.618; 1
М5 Deviation = 1; 1,44; 1,618
М15 Deviation = 1,618; 2,33; 2,618
М30 Deviation = 1,618; 2,33; 2,618
Н1 Deviation = 2,33; 2,618;
Н4 Deviation = 4,236; 6,854
Trading rules Ichimoku with the bands
Trades only in the direction of the trend.
Trend up whe the price is above the aqua line of the canal.
Trend down when the price is below the aqua line of the canal.
Price above aqua line of the canal.
Price above ichimoku cloud.
i-911 buy arrow.
Price below aqua line of the canal.
Price below ichimoku cloud.
i-911 sell arrow.
Exit is discretionary.
Initial stop loss at the previous swing.
In the pictures Ichimoku with the bands in action.
Share your opinion, can help everyone to understand the forex strategy
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