edward_Z

[Zekis]Squeeze Momentum + Ichimoku

Hi,

This is a strategy developed by @Shitcoin_paradise, a strategy suitable mostly for altcoins (but not necessary).

The strategy is using the following indicators: Squeeze Momentum (LazyBear), two Ichimoku Clouds (one is MTF), daily EMA21 and EMA golden cross (optionally).

Setting should be used as default.

Rules for entries (scalping):
Go Long (green line on the histogram):
- use low time frames ( 3m , 5m, 15m)
- candle closes above the ichimoku cloud
- squeeze momentum, first grey cross on green histogram (2 ways):
1. histogram is green and have a black cross and later it turns to grey cross
2. the histogram is red with grey cross and it goes to green with grey cross without having a black cross, just directly goes green histogram with grey cross

- price is above the daily EMA21
- price is above or inside de ichimoku cloud MTF (1h TF)
- optionally! EMA golden/death cross

Go Short (red line on the histogram):
- vice versa


Rules for exits:
- DI+ crosses down on DI- on longs
- DI- crosses up on DI+ on shorts

- or any fixed, dynamic, trailing... TP/SL (according to the market conditions)

This strategy can be used also for high time frames (12h, 1D) with a golden/death cross confirmation.

Soon I will publish a screener that scan multiple altcoins at once to find setups easier.

P.S.1 The strategy should be used with it's default settings/values (you can change them if you want), but there are 2 versions of Squeeze Momentum from Lazy Bear that you can choose from.
P.S.2 This is not a magic strategy, please do your research before using real money!
P.S.3 The strategy is free to use, just add it to the favorites and then to the chart.

Enjoy!
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