SOL Ichimoku TK Cross Strategy with an MFI Momentum Gate

Summary

This long-only strategy is designed for SOL/USDT on four-hour bars. It uses an Ichimoku Tenkan/Kijun bullish cross while price is above the cloud as a trend entry, then requires the Money Flow Index to exceed 50 as a volume-weighted momentum filter. The stated exit condition is a close below the Kijun line. The author describes the intended regime as trending and expects the setup to sit out or incur small losses during sustained downtrends.

The visible configuration uses Tenkan, Kijun, and Senkou B lengths of 20, 60, and 120, respectively, along with a 14-period MFI. It specifies percent-of-equity sizing, commission, slippage, no pyramiding, and next-bar-open order processing. The excerpt ends before the full entry and exit code and does not provide a backtest period or results. Its parameters are described as SOL-specific, so the document offers no basis for assuming they transfer to other assets or timeframes; the stated trend-regime assumption also leaves sustained downtrends as a key risk.

Key ideas

• The strategy targets SOL/USDT on four-hour bars and takes long positions only.
• A bullish Tenkan/Kijun cross with price above the Ichimoku cloud is filtered by MFI above 50.
• The stated exit occurs when price closes below the Kijun line.
• The visible settings use Ichimoku lengths of 20, 60, and 120 and a 14-period MFI.
• The source excerpt is incomplete and gives no backtest results; its parameters are described as SOL-specific.

Tags

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