Long-Only Ichimoku Entries with Cloud and Lagging-Span Filters

Summary

This long-only strategy uses Ichimoku components to identify an upward trend. It enters when the close is above both cloud spans, the cloud is rising, and the conversion line exceeds the base line. A further lagging-span condition compares current price with past price and cloud values. The stated exit logic closes the position when price crosses specified Ichimoku levels or falls below a prior close; the narrative describes the lagging span falling below price or cloud as an exit cue.

The document presents the cloud as a dynamic reference for risk control and lists configurable line lengths, displacement, and a cloud-related stop parameter. It provides a BTC/USDT backtest period and sampling settings but reports no results, so it does not establish effectiveness. The source uses its own exit conditions and does not appear to use the listed stop-loss parameter, a difference to resolve before reproducing the strategy. It also notes that Ichimoku signals lag and that short trades are excluded.

Key ideas

• A long entry requires price above the cloud, a rising cloud, and the conversion line above the base line.
• The lagging-span filter adds comparisons with prior price and cloud values.
• The described strategy exits longs when price violates specified trend conditions.
• The source lists a cloud stop parameter, but its shown logic does not use that parameter.
• The document gives test settings but no evidence of historical performance.

Tags

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