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The Ichimoku strategy in Gunbot is a technical analysis-based trading strategy that uses the Ichimoku Kinko Hyo indicator to identify potential buying and selling opportunities in the market. The Ichimoku Kinko Hyo indicator is a complex technical indicator that uses multiple lines and Cloud formations to identify support and resistance levels and potential trend reversals.
The strategy is designed to enter buy orders when the current candle goes completely below the Kumo (Cloud), Tenkan-Sen (Turning line) or Kijun-Sen (Standard line), depending on the configuration you choose. When the current candle goes completely above the Kumo, Tenkan-Sen or Kijun-Sen, the strategy will enter a sell order.
The Ichimoku strategy in Gunbot is a more advanced trading strategy that can help to identify potential buying and selling opportunities in the market. It is a good choice for traders who are familiar with the Ichimoku Kinko Hyo indicator and want to use it to trade cryptocurrencies.