Ichi Trend Follow System v2 — Indicator by minorplanet2

relativestrengthindex averagedirectionalindex ichimokuclouds

This is an improvement upon a very popular trend following system that is currently selling for about $1k per year. I pull data from longer time frames to confirm trend, as well as use the ADX to minimize trading in sideways chop. I’ve backtested both the older $1k system and this newer one and can confirm improvements in every market and timeframe that I’ve tested.

Here’s the gist of how to use it. Wait for a set up bar. The set up bar will be aqua to go long and yellow to go short. Open your trade on the open of the following bar. Close your trade when the trending bar color (lime for long/fuchsia for short) changes back to standard colors on completion of the bar (green or red).

Please ask, and I’ll let you try it for free.

Release Notes:

Fixed some errant bar colors.

Release Notes:

Fixed additional errant bar colors.

Invite-only script

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