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Ichimoku Signals

The indicator displays crossing of Tenkan-Sen and Kijun-Sen lines of the standard Ichimoku Kinko Hyo indicator. A buy signal is formed when a Tenkan-Sen line crosses a Kijun-Sen one upwards, while both of them are above a Senkou Span A line. A sell signal is formed when a Tenkan-Sen line crosses a Kijun-Sen one downwards, while both of them are below a Senkou Span A line. Also, a stop loss level on Senkou Span B line is specified. An additional filtration based on the higher time interval is used. For a buy signal, a Senkou Span A line should be located above a Senkou Span B one, the opposite case forms a sell signal.

The indicator does not display standard Ichimoku lines. They are shown on the screenshots purely for illustrating the signal forming principle.


Parameters

  • Tenkan_Sen, Kijun_Sen, Senkou_Span - appropriate Ichimoku indicator parameters;
  • SlowTF - time interval for signal filtration (drop-down list). If no filtration is required, select PERIOD_CURRENT.
Matthew Todorovski
12114
Matthew Todorovski 2018.06.30 14:39 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

Tim Eubanks
4878
Tim Eubanks 2018.03.20 03:26 
 

Indicator doesn't work well with the cloud

Ali irwan
5166
Ali irwan 2017.08.04 08:41 
 

User didn't leave any comment to the rating

setare dehghani
99
setare dehghani 2017.08.03 09:16 
 

User didn't leave any comment to the rating

Maksym Mudrakov
18195
Maksym Mudrakov 2016.08.30 17:36 
 

User didn't leave any comment to the rating