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Indicators

Cronex Taichi - indicator for MetaTrader 4

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40131
Rating:
(32)
Published:
2016.04.26 15:50
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I guess I am not the only one who has difficulties with making decisions when interpreting the Ichimoku values.
The main idea if the formalization of the Ichimoku signals and identification of a potential flat/trend.

Principle:
Taichi - weighted average Tenkan+Kijun+SpanA+SpanB
TaichiFor - weighted average SpanA+SpanB with Kijun shift
Signal - moving average with Kijun period
SSignal - moving average with Senkou period
Flat - colors the flat zones

Hopefully this will be useful to someone.

Cronex Taichi

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7335

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