Ichimoku Kinko Hyo Strategy (Made with AlgoBuilderX)

// This cBot was created with AlgoBuilderX
//
// AlgoBuilderX is a powerful tool for creating automated trading strategies on the cTrader platform.
// With an intuitive drag-and-drop interface, you can easily build and customize your own trading
// algorithms without any coding knowledge. Whether you're a beginner or an experienced trader,
// AlgoBuilderX offers a seamless experience for developing, testing, and deploying your very own cBot
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This cBot is an example, made for demonstration purposes using AlgoBuilderX and works only on demo accounts.

Strategy: This cBot is built with the Ichimoku indicator and also features a martingale strategy and time filter.

The indicator can be found and used within the AlgoBuilderX platform and is fully customisable.

Buy Trigger: When the Tenkan Sen (conversion line) crosses the Kijun Sen (baseline) to the upside and, If the Chikou Span (delayed line) is above the past price and, when the price is above both clouds (Senkou Span A and Senkou Span B).

Selling signals: When the Tenkan Sen crosses the Kijun Sen to the downside and, If the Chikou Span is below the past price and, when the price is below both clouds (Senkou Span A and Senkou Span B).

Parameters:

Backtest example (4 years):

AlgoBuilderX Project:

Create your cBot now in an easy and intuitive way!
Try AlgoBuilderX now, no registration required: www.algobuilderx.com

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You will be able to import it into the AlgoBuilderX workspace, view it, edit it, or export it.

Important Note:
This cBot is a demonstration example created with AlgoBuilderX and is not optimized for live use. It is designed to illustrate the functionality of AlgoBuilderX and serve as a starting point for creating custom strategies. It is recommended that you carefully test and optimize any strategy before implementing it on a real trading account.