This Script uses the DonChain + EMA and an Average to create a trend cloud.
* When the cloud crosses to red it will print a red triangle mean a potential pullback. * In a Green cloud green dots are printed after small pullback for scalps or continuation. * A green or red star is an entry for the strategy which is defined by the all the slow and fast parameters crossing.
Exits will happen when the red or green star is printed.
All these levels help traders see where the price could experience support or resistance, these support and resistance levels can be used by traders to determine entry and exit points.
Using Machine learning I optimised this to work with BTC you can optimise the settings to most markets.
machine learning, so basicaly curve-fitting. This ichimoku cloud strategy is absurdly simple, like all traders trying to get an edge with ichimoku this is useless. Ichimoku trading aint just using line crossovers it is a complex combination of systems to determine the overall trend direction and find key levels to enter trades. This script just proves the fact that you do not know how to trade ichimoku.