UMI

This is the most complicated strategy here (in my humble opinion).

Indicators:

• Ichimoku (9, 26, 52): Only the Kumo Cloud is used

• Alligator (13, 8, 5)

• Alligator (39, 24, 15)

• Stochastic (14, 3, 3): Level 50

• CCI (50): Levels: 50 and -50

Key conditions:

The strategy is applied to timeframes of H1 or higher, trading USD/JPY and other major yen crosses. Signals from the indicators should align sequentially, but all conditions must be met at the time of entry. Entry is made at the opening of the next candle after the signal candle. Stop Loss is set between 35 and 50 points. Once a trade gains 30 points, the Stop Loss is moved to breakeven. The initial Take Profit is set at 100 to 150 points, with trailing stops adjusted in steps of 20 to 30 points.

BUY conditions (all conditions must be met):

• The candle closes above the Kumo Cloud and above both Alligator indicators.

• The CCI is above 50.

• The Stochastic indicator is above 50.

SELL conditions (all conditions must be met):

• The candle closes below the Kumo Cloud and below both Alligator indicators.

• The CCI is below -50.

• The Stochastic indicator is below 50.

Exit criteria:

Exit the trade when the Stop Loss or Take Profit is hit, or when a reverse signal appears. Additionally, if the next candle closes above or below any Alligator line in the opposite direction of the trade, close the position at the current price.

Exercise:

Open a chart with a timeframe of H1 or higher and focus on USD/JPY or major yen crosses. Apply the Ichimoku indicator with settings (9, 26, 52) and use only the Kumo Cloud. Add two Alligator indicators with settings (13, 8, 5) and (39, 24, 15). Apply the Stochastic indicator with settings (14, 3, 3) and a level of 50. Add the CCI indicator with a period of 50 and levels at 50 and -50.

For a BUY trade, confirm the candle closes above the Kumo Cloud and both Alligator indicators, with the CCI above 50 and Stochastic above 50. Enter the trade at the opening of the next candle, setting a Stop Loss of 35 to 50 points and moving it to breakeven after a 30-point profit.

For a SELL trade, confirm the candle closes below the Kumo Cloud and both Alligator indicators, with the CCI below -50 and Stochastic below 50. Manage the trade similarly. Exit based on the specified conditions.