[M10] Ichimoku Keltner Channel Scalper [Alerts]

Hey all,

This script combines a couple of popular indicators to create a reliable yet versatile opportunity to automate trades based on the Ichimoku Cloud. The idea is to use bullish/bearish Ichimoku crossovers to enter positions whilst taking advantage of a modified Keltner Channel to exit these positions at maximum profit.

The script has been backtested on various timeframes and proves effective in both trending and ranging markets.

I have also added the ability to limit your positions to only long, or short, if this is of preference.


Want to backtest this? A strategy version of this script is also available at no cost on my page - enjoy!

Any questions? Let me know!