Ichimoku Cloud Trading Strategy

Ichimoku Cloud system provides Analysts with a means to identify a trading bias, identify corrections and time turning points.The cloud identify support and resistance and provides a longer perspective on the price trend.

BUY : When current close crossed above Base Line and greater than SPAN A Line                   and SPAN A Line is greater than SPAN B Line.

SELL : When current close crossed below Base Line and lower than SPAN A Line                    and  SPAN A Line is lower than SPAN B Line.

BUY{
SET H9 = MAX(HIGH,9);
SET L9 = MIN(LOW,9);
SET H26 = MAX(HIGH,26);
SET L26 = MIN(LOW,26);
SET H52 = MAX(HIGH,26);
SET L52 = MIN(LOW,26);
SET ten = (H9 + L9)/2;
SET BL = (H26 + L26)/2;
SET spanA = (ten + BL)/2;
SET spanB = (H52 + L52)/2;
CROSSOVER(CLOSE,BL) AND CLOSE > spanA AND spanA > spanB;}
SELL{
SET H9 = MAX(HIGH,9);
SET L9 = MIN(LOW,9);
SET H26 = MAX(HIGH,26);
SET L26 = MIN(LOW,26);
SET H52 = MAX(HIGH,26);
SET L52 = MIN(LOW,26);
SET ten = (H9 + L9)/2;
SET BL = (H26 + L26)/2;
SET spanA = (ten + BL)/2;
SET spanB = (H52 + L52)/2;
CROSSOVER(BL,CLOSE) AND CLOSE < spanA AND spanA < spanB;}

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