44# Ichimoku Crossover with Kino CCI RSI
Renko chart with Ichimoku crossover
Ichimoku filtered by Momentum
Submit Lorenz 2017
Ichimoku Crossover with Kino CCI RSI with Renko chart is a trend-momentum strategy, Ichimoku crossover filtered by momentum with Kino CCI RSI.
Ichimoku crossover is a classic strategy.
The purpose of this strategy is find the trend with renko chart. Renko chart is more clear, respect bar chart. This is a trend following strategy and the profitability is below 60% but renko chart help us at a recovery of loses, and with this strategy you can also uses the Martingale as money management.
Currency pairs: EUR/USD, USD/CAD, AUD/USD, GBP/USD, USD/JPY, GBP/JPY.
For intraday trading pairs with low spreads.
Box size 3 pips or higher.
Metatrader 4 Indicators:
Ichimoku defalut
Kino CCI RSI (CCI 1 =30, CC2= 170, RSI mulpiplicator period 1).
The Kino CCI RSI indicator is a good momentum indicator that you can use also in other strategies.
Ichimku Crossover rules
Buy
Price close above the line red and blue of Ichimoku.
Kino CCI RSI green bar.
Exit at the opposite conditions.
Place initial stop loss on the previous swing low.
Conservative mode wait the crossover of the red and blue line.
Sell
Price close below the line red and blue of Ichimoku.
Kino CCI RSI red bar.
Exit at the opposite conditions.
Place initial stop loss on the previous swing high.
Conservative mode wait the crossover of the red and blue line.
In the pictures Ichimoku Crossover with Kino CCI RSI in action.
Share your opinion, can help everyone to understand the forex strategy.
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