1. Smoother This indicator uses the moving average of the price to calculate the Ichimoku cloud. The result is a smoother indicator that filters out noise. Bear in mind, it's a bit slower as well. Change the MA Len setting to 1 in order to display the traditional Ichimoku cloud. 2. Easier backtesting When you're using the indicator in live trades, you're used to...
Ichimoku Cloud w. Signals and Alerts highlights when the Ichimoku signals a Bullish or Bearish move as well as the crosses of the Conversion Line and the Base Line both up and down. The Bullish signals and Bearish signals fire when the following criteria is met: Bullish Setup: 1. Price close over Lead Lines (26 periods ahead) 2. Green Cloud (26 Periods...
This is a combination of popular overlay indicators that are used for dynamic support and resistance, trade targets and trend strength. Included are: -> 6 Exponential Moving Averages -> 6 Simple Moving Averages -> Ichimoku Cloud -> Bollinger Bands -> There is also a weekend background marker ideal for cryptocurrency trading Using all these indicators in...
This script combines a customizable Ichimoku Cloud/ EMA combination to provide a quick trend visualisation. For example, long entries can be found when the green EMA wave rises above the Ichimoku cloud. Combine it with some oscillators (like MACD) for good results. Also, experimenting with a different "wavelength" (default 50) and/or EMA length (default10) for...
This indicator is meant to identify lower timeframe momentum shifts in Forex pairs by using simple moving averages and the Kijun Sen indicator around key psychological levels. Alert functionality for buy and sell conditions have also been built in to allow the trader time away from charts.
This indicator simultaneously displays two lines, which are the leading spans of the Ichimoku Kinko Hyo, and three simple moving averages. To make it easier to distinguish between the simple moving average line and the line of the Ichimoku Kinko Hyo, the simple moving average line is set to level 2 thickness by default. Also, the color of Reading Span 1 in the...
The Ichimoku Kinko Hyo is an trading system developed by the late Goichi Hosoda (pen name "Ichimokusanjin") when he was the general manager of the business conditions department of Miyako Shinbun, the predecessor of the Tokyo Shimbun. Currently, it is a registered trademark of Economic Fluctuation Research Institute Co., Ltd., which is run by the bereaved family...
Hi, I'm happy to release this new update after few weeks working. Fixes Fix kumo break-out of Chiku span and close price Fix buy trigger and strong buy trigger Improvement Signals take now the kumo thickness and kumo angle Signals does not trigger on doji candles Multi time frame validation is now available I hope this fixes and new...
Written from scratch Ichimoku indicator, based on original calculations from Hosoda books. All formulas are exactly the same as Hosoda put them in his books, it contains additionally analysis from Higher Timeframe allowing to display Chikou trend, Kijun and Senkou-span B which are crucial in determining trend. It also contains overlay of Kyushu Legs. This is...
Kyushu Legs is part of the Ichimoku strategy. Kyushu Legs shows new candle bars which help to find a change of trend. Legs Kyushu is created every candle based on close 9 candles before the actual open candle. Also, there is a possibility of changing the settings of counting the Legs Kyushu. Colors change based on trend: the white candles show that the market is...
Ichimoku based pyramiding strategy example that was tested on 4h TF. makes the first entry when 2Tier Kumo breakout was occurred. makes the extra entries when higher-low (on long) or lower-high (on short) was occurred. uses short term MACD reversal + stop entry as a confirmation of the trend. slack trailing stop loss. changes entry quantity by the...
Ichimoku + 2 base line This indicator is a combination of Ichimoku cloud indicator with two base lines. The first base line is the same as the Ichimoku default settings but the baseline 2 indicates an average of 108 candles in the past and it acts as a strong support and resistance level. How to use this indicator? You can use this indicator to see if a...
Pump and Dump detector by hamster-bot strategy author: foresterufa Pump and Dump detector (PDD) This is a trend strategy, with a unique mechanism of multi-stage re-entry into a position (Take Profit-Entry) when a significant trend develops, based on our HiDeep indicator. Positions are opened by the HiDeep indicator signal with trend direction filtering and...
Multi Timeframe Silent Ichimoku Is an upgrade on my previous Silent Ichimoku indicator witch attempts to filter out the noise from the Ichimoku indicator By only coloring the bars Green if the Ichimoku spots an uptrend Red if Ichimoku spots a downtrend And Gray if Ichimoku spots consolidation This Indicator adds the ability to filter out some bad signals by...
Classic Ichimoku Cloud - Log-space calculation by default
LTF Signal with Ichimoku KTS Confirmation If you cant to learn more about ichimoku and KTS strategy from Forex Kei trader. This indicator is based in multiple indicators. I will try to explain how it works. Input The only input is the major trend resolution. This is for Ichimoku and KTS trend confirmation Signals This script provide sell or buy signals...
Ichimoku Kinko Hyo Signals This script show signals based on my understanding in Ichimoku Kinko Hyo and is an evolution of this script Instead of using my own functions, I use now the ones provided by pine script /!\ Please do not follow signals blindly and always make your own analysis /!\ Signals explanation Buy : Price above kumo, tenkan above...
Silent Ichimoku attempts to filter out the noise from the Ichimoku indicator By only coloring the bars Green if the Ichimoku spots an uptrend Red if Ichimoku spots a downtrend And Gray if Ichimoku spots consolidation