OKCOIN:BTCUSD1W   Bitcoin / Dollar Forward 1 Week
610 9 5
This concept was taken from Rob Booker's Ichi Webinar https://www.youtube.com/watch?v=hGrxL5U7YaY

The idea is that if price enters the cloud, assume it will exit the cloud on the opposite side of the entry. I backtested this with the 30min time frame which is almost 100% accurate. Shorting if price enters from above the cloud, and going long when price enters from below the cloud. The exit is either determined by the trader or when the price enters the cloud again.

Stops can be easily set at cloud support/resistance . If cloud exits in the wrong direction, abandon the trade. I've circle those two instances where you would get stopped out.
I watched the Rob Booker vid thanks do you apply his famous 18.52,104? I dont know how to apply it on my charts, i have conversion lines, base line periods, lagging span 2 periods and displacement on my ichimoku settings
18 is base line periods ?
52 is lagging span ?
104 is ?
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IAmSatoshi PRO btchoulala
I'm sure his settings are great for Forex/Stock Market, however, those settings apply for markets that have a close. Bitcoin is 24/7. Therefore, the settings I use are a little different. 10/30/60/30 works great for me but you are definitely welcome to use which ever settings work best for you.

For further explanation of 10/30/60/30 see this post
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btchoulala PRO IAmSatoshi
Oh i see
Thank you i will try with these settings
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Qiuness PRO IAmSatoshi
Any idea on when the retracement is more likely to happen?
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thanks for the great post and youtube link. i am really liking the cloud indicator.
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+1 quality post
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Douglas-Squirrel Douglas-Squirrel
In his video , he uses the obv indicator as one of the conditions -> break in a trendline on obv. Besides Entry and exits, do you have any other conditions for a trade?
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IAmSatoshi PRO Douglas-Squirrel
I've been using cloud only on OKCasino futures with a scary high rate of success. Close to 100% on 3/5/15min time frames. On futures, I feel like OBV is kinda meaningless b/c of 0 fees. Volume is easily manipulated.
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thanks for sharing
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