SOL Ichimoku TK Cross Strategy with MFI Confirmation

Summary

This long-only strategy combines an Ichimoku trend entry with a money-flow filter for SOL/USDT on four-hour bars. Tenkan crossing above Kijun triggers a candidate entry, which is accepted only when the close is above the current cloud and the Money Flow Index exceeds 50. The cloud is aligned to the price’s current bar using lines calculated earlier, avoiding the use of future data for the signal.

The position closes when price falls below Kijun, with an optional stop at the cloud bottom. The script specifies next-bar-open fills, commission, slippage, and a date window for backtesting. Its commentary says the MFI gate improved results on SOL and was stable across thresholds from 50 to 60, but provides no full performance report or out-of-sample evidence. Parameters were tuned for SOL, and the stated trending-market assumption means the approach may struggle in extended declines or choppy conditions.

Key ideas

• A bullish Tenkan–Kijun cross is filtered by price above the current Ichimoku cloud and MFI above 50.
• The strategy is long-only and is configured for SOL/USDT four-hour bars.
• It exits below Kijun and can use the cloud bottom as a stop.
• The author reports a stable MFI threshold range but supplies no complete performance evidence.

Tags

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