Trade strategy for scalping Ichimoku with the bands

Scalping trend trading strategy Ichimoku with the bands based on a channel (Kanal_Ant indicator) and the Ishimoku and i-911 indicators.

Input parameters

• Currency pairs: any.
• Timeframe: M5 and above.
• Bidding time: London, New York.
• Risk Management: After calculating the stop-loss, choose such a volume of the lot that the risk was no more than 2-5% of the deposit per trade.

Used indicators

Ichimoku Kinko Hyo

Canal ant for Max (settings for different timeframes):

• M1 Deviation = 0.618; 1
• M5 Deviation = 1; 1.44; 1.618
• M15 Deviation = 1.618; 2.33; 2.618
• M30 Deviation = 1.618; 2.33; 2.618
• H1 Deviation = 2.33; 2.618;
• H4 Deviation = 4,236; 6,854

Pux Price

i-911;

Setting up the price chart

1. Unpack the archive.
2. Copy the template into the templates folder.
3. Copy the indicators to the folder MQL4 -> indicators.
4. Restart the terminal.
5. Open the chart of the desired currency pair.
6. Install a template named Ichimoku with the bands.

The schedule should look like this:

Signals indicating the opening of a long position (buying)

1. The price is above the blue channel line of the Kanal_Ant indicator.
2. The price is above Ishimoku clouds.
3. A blue up arrow appeared.
4. A stop loss is placed just below the nearest local minimum.

Signals indicating the opening of a short position (sale)

1. The price is below the blue channel line.
2. The price is below the Ishimoku cloud.
3. A red up arrow appears.
4. Stop Loss is set just above the nearest local maximum.

The deal is closed at a fixed Take Profit (the size is chosen based on the currency pair and selected timeframe), or on one of the outer limits of the channel.

Before opening a trade on Ichimoku scalping trading strategy with the bands fortrader.org recommends paying attention to the trend of the older timeframe.

Download Ichimoku with the bands trading strategy template and indicators

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