Ichimoku Confluence Strategy with Multi-Timeframe Filters and Risk Controls
Summary
The visible portion describes a configurable Ichimoku strategy for long, short, or two-way trading. Users can select which strength tiers of bullish and bearish signals qualify for entries and exits, and can require agreement with a higher-timeframe trend. The settings shown include Ichimoku line lengths and displacement, along with fixed-percentage, ATR-based, or absent stop modes and optional profit targets.
Position sizing can be configured as a fixed share of equity or based on risk per trade and stop distance, with a maximum position cap. The script header also specifies a default equity allocation, initial capital, commission, slippage, and no pyramiding. The supplied document cuts off partway through the position-sizing inputs, before the signal calculations, trade rules, or results are shown. It therefore supports describing the design choices, but not assessing how confluence is defined in full or whether the strategy performs well.
Key ideas
- The strategy offers long-only, short-only, and two-direction trading modes.
- Entry and exit signal strength thresholds are configurable for each direction.
- A higher-timeframe trend agreement filter can be enabled.
- Risk controls include fixed-percentage or ATR stops and two position-sizing approaches.
- The excerpt ends before the full trading logic or performance evidence appears.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.