Ishimoku Scalping trading strategy: scalping based on the Ishimoku indicator

Ishimoku Scalping trading strategy  — это адаптированная для скальпинга Ishimoku System trend trading strategywhich is based on signals from the Ishimoku indicator in conjunction with oscillators and Bollinger Bands. Since the strategy is scalping, it is recommended to use currency pairs with the lowest spread for trading.

Input parameters

• Currency pairs: any.
• Timeframe: М5.
• 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

• Bollinger Bands (20, 1, close)
• ADI (14, 14)
• Slow stoch (3, 3, 14, 50, 50)
• CCI (50, 50, -50)
• Ichimoku (default)

Installing the strategy template

• Unpack the archive with the template.
• Copy the templates into the templates folder.
• Restart the terminal.
• Open the chart of the desired currency pair.
• Install a template named IshimokuScalping.

The schedule should look like this:

Signals indicating the opening of a long position (buying)

• The price is above Ishimoku clouds.
• The price is outside the Bollinger Band.
• Stochastic has crossed the 50 level from the bottom to the top.
• The CCI crossed the 50 level from the bottom to the top.
• The ADX indicator bars are at a maximum distance from each other.
• A stop loss is placed under the nearest local minimum.

Signals indicating the opening of a short position (sale)

• The price is below the Ishimoku cloud.
• The price is out of Bollinger Bands.
• Stochastic has crossed the 50 level from top to bottom.
• The CCI crossed the -50 level from top to bottom.
• The ADX indicator bars are at a maximum distance from each other.
• The stop loss is placed over the nearest local maximum.

In the opinion of fortrader.org experts, Ishimoku is not the best choice as an indicator for scalping, therefore, it is strongly recommended to test the strategy signals on the history and on a demo account, before using it on a real deposit.

According to the author of the strategy, it gives fairly clear signals to enter the market, although, of course, there are false signals. To increase the accuracy of the entries, you can try to replace the standard indicators included in the Ishimoku Scalping strategy, their modified versions.

Download Trading Strategy Template

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