A Partial Ichimoku Strategy Using Price Above the Kumo
Summary
This excerpt introduces a rule-based strategy built around the Ichimoku indicator and begins a buy condition: price must be above the Kumo cloud. The author describes the approach as suitable for automation and reports personal observations of favorable long-term profitability across various instruments and timeframes, with particular interest in DAX CFDs on 15-minute charts. These performance statements are anecdotal; no test methodology, trade records, costs, or risk measures are included.
The document is incomplete: the buy rule stops mid-sentence, and no additional entry conditions, exits, or position management rules are available. As a result, the strategy cannot be reconstructed or evaluated from this excerpt alone. The author also cautions that the approach is not universally reliable and may have room for improvement. The material is best read as a partial indicator-based trading idea rather than a fully specified or validated system.
Key ideas
- The visible entry condition requires price to be above the Ichimoku Kumo.
- The author mentions DAX CFDs on 15-minute charts as a personally preferred application.
- Profitability claims are unsupported by stated test methods or risk statistics.
- The excerpt cuts off before completing the entry rules or describing exits.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.