The Kumo Breakout - Ichimoku Trading Strategy #2

The Kumo Breakout is a popular Ichimoku Trading Strategy designed to open trades at the very beginning of longer-term trends and exit at the end. This differs from the Tenkan-Kijun crossover system we looked at last time which allows trades to open and close many times during the same trend. The Kumo (or Ichimoku Cloud) Breakout relies on other components of Ichimoku such as the Senkou Span to help avoid whipsaws.
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#KumoBreakout, #IchimokuCloudBreakout, #IchimokuTradingStrategies, #IchimokuCloudTrading, #SenkouSpan, #TrendTradingStrategy, #TrendTrading, #Ichimoku, #TradingStrategies, #TrendTrading, #Darwinex, #DarwinexSeries
This is Episode 10 in the Darwinex 'Spotlight on Trading Indicators' Playlist: • Spotlight on Trading I...
Video Contents:
00:00 Kumo Breakout Trading Strategy
00:10 Why Darwinex?
00:59 The Ichimoku Cloud Breakout Strategy
06:23 Cloud Breakout Examples on Price Chart
11:34 Summary and Next Episodes
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Content Disclaimer: Past performance is not a reliable indicator of future results. The contents of this video (and all other videos by the presenter) are for educational purposes only and are not to be construed as financial and/or investment advice.
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[@vassiliscapsis9932]

once again a very interesting video and thank you for posting it.

[@vassiliscapsis9932]

While you are preparing your videos I started some EA testing. As I mentioned in a previous video of the series there are too many variables. The indicator by itself has 5 lines but in reality there are more since the KUMO has a future value (actually based on current prices) and a KUMO that is above the current price and it's value is based on Tenkan, Kijun and Sekou Span B that took place 26 periods ago. We also need to add to the above current price to compare it with the lines and price 26 periods ago that will be compared to the Chikou Span. One more thing to consider is the direction of the indicators. If we would like to go long when the Chikou or the Kijun are pointing up we need to calculate previous values to use them for comparison. Overall it is very interesting and I am looking forward for the final outcome. So far it is promising.

[@donbangert]

At about 9:32 you talk about your algo being able to determine whether you're in chop or not, will you be discussing how to do this in code in future videos?

[@sirt8684]

There's a really cool MT4 indicator called something like Kumo cloud breakout histo. Pretty effective but super slow.

[@danp1722]

I noticed something strange thinks When I try to get the value of the Chikouspan 26 bars before. It only works in live mode correct. But not in the backtester.
In Backtester i get strange Values.
I use this Code for geting the Value :
if(CopyBuffer(Ichimoku_handle_Long, CHIKOUSPAN_LINE, 26, 200, Ichimoku_Chikou_Long)