[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.20663400 [View]
File: 105 KB, 1536x908, Ichimoku_example.png [View same] [iqdb] [saucenao] [google]
20663400

>>20662398
Simple TA strategy that can get you out at a reasonable spot without telling you to get out early on momentary dip is ichimoku cloud. Hide all the garbage that ichimoku has except two thing: baseline and conversion line. Use 1week candles. Sell when the conversion line crosses below and remains below baseline near end of week. Your actual signal on this isn't until the candle closes on Friday, at which point you would sell the following Monday.

It should look like pic related. White line is conversion line, red is baseline. Note that lines touching =/= lines having crosses. The ichimoku lines touching is neutral. It isn't max optimal but it's adequate and keeps you in for the bulk of the bullish trend. You may or may not want to protect at least a portion of your position with a trailing stop for redundancy safety.

Navigation
View posts[+24][+48][+96]