Ichimoku Strategy Variants Using Crossovers and Cloud Position

Summary

This open-source trading script combines Ichimoku components into a configurable backtesting tool. The visible portion defines Tenkan-sen, Kijun-sen, and leading and lagging span calculations, then classifies Tenkan/Kijun crossovers by price position relative to the cloud. It also begins a second setup based on price crossing Kijun-sen, likewise filtered by whether price is above, within, or below the cloud. Inputs allow users to select among crossover types and configure indicator lengths and position sizing; the strategy header also specifies commission, slippage, and order processing assumptions.

The supplied document ends partway through the source, so later rules and the full behavior of the Kumo breakout and twist options cannot be established from this excerpt. It provides no backtest results or market-specific evaluation. The span adjustments and cloud classification deserve verification against standard Ichimoku definitions before relying on signals, and configured trading costs may not capture actual execution conditions. Treat it as a framework for testing variants rather than evidence of profitability.

Key ideas

• The script classifies Tenkan/Kijun crossovers according to price location relative to the Ichimoku cloud.
• A second visible setup triggers on price crossing Kijun-sen with the same cloud-location distinctions.
• Indicator lengths, position sizing, trading costs, and some strategy choices are configurable.
• The excerpt is truncated before the full rules for all listed strategy variants are shown.
• No performance results or evaluation across markets are included.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.