Ichimoku Backtester with TP, SL, and Cloud Confirmation Option

Started with the Basic Ichimoku strategy from Mizuki32. Added Take Profit, Stop Loss (for both long and short), and a toggle to wait for confirmation from the cloud.

Release Notes

Added RSI options for Entry and TP.

Release Notes

Added option to take profit after X bar closes past the RSI threshold.

Release Notes

Updating defaults to have no RSI, no TP, no SL

Release Notes

Updated Backtester to have toggle for Stoch RSI and cleaned up RSI logic on strategy exit.

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Cleaning up Inputs, Removing Stochastic RSI, removing TP after sequential RSI

Release Notes

Added back Stoch RSI Toggle per user request. Moved date range to top so the data selector is usable.

Release Notes

This update cleans up the code and corrects many bugs. It is recommended you update your strategy and the matching indicator.

MAJOR BUGFIXES:
1. Corrected logic for tenkan and kijun cross to use crossover and crossunder fuctions. This prevents possible misfiring of alerts
2. Corrected RSI and Long/Short logic so RSI TP fires correctly.
3. Correct the Chikou Span Plotting (it was plotting in the wrong direction of the current price).
4. Corrected offsets. Previous indicator that logic was sourced from incorrect offset everything by +1

Release Notes

Updated the color of the chikou span so it's easier to see.

Release Notes

Fixing entry and exit logic from update

Release Notes

Updating name and cleaning up some logic

Release Notes

Fixed broken short entry logic

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

gregh2

Disclaimer

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Open-source script

For quick access on a chart, add this script to your favorites — learn more here.

gregh2