Kijun Sen strategy

The Kijun Sen line, which forms the basis of today's strategy, is part of the exceptional Ichimoku indicator, which offers traders countless trading options that can achieve great success in a short time.

Unlike moving averages, the Kijun Sen line does not undergo constant changes in value, which is a great advantage especially when markets move so-called sideways.

Strategy entry rules

Entering long positions

- Hitting Kijun Sen from above

Entering short positions

- Hitting Kijun Sen from below

The chart below shows a session of Kijun Sen's hits, which in today's strategy represent important entry signals that result in immediate entry into a trading position.

Note: In order to protect against minor market corrections, the SL in the case of today's strategy is usually placed a few dozen pips above/below the Kijun Sen line. Profit-Target is usually not set here, as the exit of a position in profit usually occurs with the next hit of the Kijun Sen line.

Since the Kijun Sen can provide a particularly high number of trading signals over time, it is worth combining this line with a slow moving average, for example, with which some of the "excess" signals can be filtered out.

With today's Kijun Sen strategy it shouldn't be a problem to achieve a success rate of around 50%, but a skilled trader can undoubtedly achieve better results, it all depends on the experience and skills that traders have.