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Ichicloud

Ichicloud is an Open-Source automated trading system utilizing technical indicators such as the Ichimoku Cloud, RSI and ATR.

How does it work?

The system looks for a signal based on the position of the price relative to the 5 indicators apart of the Ichimoku Cloud and if certain conditions are met and the RSI is strong, the system will open a long position, using ATR to set stop loss and take profit orders relative to current volatility.

Is the strategy profitable?

The strategy has been backtested and is currently undergoing testing live on an OANDA demo account. The strategy proved to profitable trading forex on 50x, and I have attached a graph generated from the backtesting script of the past 60 days, using 15 minute candles, and another graph from the past 2 years using 1 hour candles.

60 days, 15 Minute Candles

backtesting_graph_60_days

2 years, 1 hour candles

backtesting_graph_2_years

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