Ichimoku RSI Strategy (C#)

Ichimoku RSI Strategy

Ichimoku RSI uses Ichimoku cloud levels to define trend direction while RSI pinpoints short-term pullbacks. Trades align with the cloud, entering when RSI recovers from oversold in an uptrend or falls from overbought in a downtrend.

Testing indicates an average annual return of about 142%. It performs best in the stocks market.

By combining a broad trend filter with a momentum oscillator, the strategy aims to join strong moves after brief pauses.

A stop at a fixed percentage of the entry price protects against deeper corrections.

Details

• Entry Criteria: indicator signal
• Long/Short: Both
• Exit Criteria: stop-loss or opposite signal
• Stops: Yes, percent based
• Default Values:
  • CandleType = 15 minute
  • StopLossPercent = 2
  • TenkanPeriod = 9
  • KijunPeriod = 26
  • SenkouSpanBPeriod = 52
  • RsiPeriod = 14
  • RsiOversold = 30
  • RsiOverbought = 70 Senkou Span A above Senkou Span B is an uptrend, below it a downtrend. In an uptrend RSI crossing back above RsiOversold goes long; in a downtrend RSI crossing back below RsiOverbought goes short. An opposite signal reverses the position.
• Filters:
  • Category: Trend following
  • Direction: Both
  • Indicators: Ichimoku, RSI
  • Stops: Yes
  • Complexity: Intermediate
  • Timeframe: Intraday
  • Seasonality: No
  • Neural networks: No
  • Divergence: No
  • Risk level: Medium