193# Ichimoku with Alligator Forex Strategy
Alligator Zone trading filtered by Ichimoku
Trend following Forex Strategy
Ichimoku with Alligator Forex Strategy is a pure and clear trend following forex strategy based on Ichimoku cloud for direction of the market, Alligator Zone as filter and Advanced Parabolic Sar as timing for entries in the market.
This trading system is an interpretive summary of the Ichimoku breakout trading model.
Metatrader 4 indcators:
Ichimoku cloud (8-24-48).
Advance parabolic V.2,2 (0.001-0.007 – 0.1).
Alligator Zone MTF (setting with the time frame that you use).
Trading Rules Ichimoku with Alligator Forex Strategy
Trade on the direction of trend. Trend up above the cloud (only buy). Trend down below the cloud (only sell).
Price above the cloud.
Alligator Zone gren bar.
Advanced Parabolic Sar green dot below the candle.
Price below the cloud.
Alligator Zone red bar.
Advanced Parabolic Sar red dot below the candle.
Note: Re-enter to a trending position is recommended when the price falls back or goes close to the cloud.
Place stop loss below/above the Advanced parabolic Sar.
Make profit or when the Advanced Parabolic Sar changes direction or with predetermined fast profit target that depends by Currecy pair and time frame but minimum ratio stop loss 1:1.25.
In the pictures Ichimoku with Alligator Forex Strategy in action.
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