QaSH DCA Ichimoku Cloud — Strategy by ParabolicValue

trendanalysis ichimokuclouds cloud dca dollarcostaverage automated 3commas alertatron

This powerful script takes the classic Ichimoku Cloud strategy and revitalizes it by allowing the user to make multiple DCA orders on each trade. Spreading your entry through DCA orders allows you to give the entry point room to breathe, and average down your position as the volatility momentarily pulls price against you. Both long and short positions are possible, each limited to a maximum of 5 DCA orders per trade.

When the Ichimoku cloud is showing bullish direction, only long trades will be allowed. During bearish direction, short trades will be allowed.

Two additional multi-timeframe EMA's can be added and used as filters for the long and short entries.

If you like you can use as little as one entry order per trade:

Or you can use up to a maximum of 5 DCA orders

Release Notes:

updated some default inputs and tooltips

Release Notes:

fixed the "reset price" not plotting on the screen
added an input for enabling / disabling the " enter new trade ASAP " - explained in the tooltips.
added support for doing a market buy on layer 1

Release Notes:

added support for "take profit" placeholder being sent in the "bot reset" alert

Release Notes:

minor visual fix - current stoploss price wasn't displaying

Release Notes:

minor visual fix for layer prices displaying after being filled

Release Notes:

minor visual edit

Release Notes:

minor visual edit

Release Notes:

updated data table format
removed barstate.isrealtime conditionals in trade logic
added "error kill switch" as an alternative method of dealing with possible mismatches that can occur between Tradingview and the exchange

Release Notes:

fixed the break even price showing as 0 when in a short position

Release Notes:

added "tick overshoot" input for guaranteeing limit orders are filled before the indicator counts them as filled.
changed the "killswitch" message for clarity

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact ParabolicValue for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Author's instructions

The author of this script can no longer grant access to it. Please don't request access.

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