A Strategy Based on the Ichimoku Study
See exactly how the Ichimoku indicator performs across bear and bull markets. This Thinkorswim custom strategy plots the profit and loss graph for several Ichimoku based setups. Cloud breakouts, or cloud breakdowns, trend continuation, with and without confirming signals. It’s all covered in one package. Track long and short strategies on the same chart. Exits are handled via an adjustable Parabolic SAR. This custom strategy code is provided free of charge. Just look for and click the link embedded within the video to download. Easy to follow instructions are included showing you how to import this custom strategy directly into your Thinkorswim platform.
Link to strategy file: Strat_IchimokuSTRATEGY.ts
Before viewing this video, make sure you have good understanding of Thinkorswim strategies. View this video to get up to speed before proceeding: TOS Strategy Guide
If you are not familiar with the Ichimoku indicator, be sure to check out this video to get up to speed: TOS Scan Ichimoku
For Advanced Users Only:
Take this knowledge to the next level and learn how to automate your trades on Thinkorswim
DISCLAIMER: I AM NOT A CERTIFIED FINANCIAL ADVISOR AND NOTHING IN THIS VIDEO OR TEXT IS AN ADVERTISEMENT OR RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT. NOR IS THIS VIDEO OR TEXT INTENDED TO INSTRUCT YOU ON HOW TO MAKE BUY OR SELL DECISIONS USING ANY OF THESE INDICATORS.
TD Ameritrade provides financial services including the trading of Stocks, Futures, Options and Forex.
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