Ichimoku Alerts

Ichimoku Alerts is an indicator that identifies market opportunities using the Ichimoku indicator. It detects four types of signals. When a reversal pattern appears on the Tenkansen or Kijunsen line, and both lines are trending upward or downward, the indicator will send an alert and generate a risk management tool that automatically calculates the trade size and potential stop-loss and take-profit levels. If the signal forms on the Tenkansen line, the stop-loss will be placed on the Kijunsen line. If the signal forms on the Kijunsen line, the stop-loss will be placed on the nearest Chikou cloud line. The stop-loss can also be manually set at a specific distance in points.