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Ichimoku Triple Cross

Demo downloaded: 68

Published: 27 March 2021

Current version: 1.1

Ichimoku Triple Cross

Name: Ichimoku Triple Cross
Author: Nikolaos Nikolis

Experts
Nikolaos Nikolis
Version: 1.1
Updated: 4 April 2021
Activations: 5

This EA is trading Ichimoku Triple Cross, that means price crosses Tenkan-sen, Chikou Span crosses price, and Chikou Span crosses Tenkan-sen. Tenkan Sen is not straight as well but towards the new trend. Triple cross happens just before Ichinoku Breakout it signals the creation of a new trend (reversal) and it is more valid in bigger timeframes like 1 hour and 4 hours. There is option to alert only, so it’s left to your discretion whether you want to trade based on the buy-sell signals or not.

It is important to trade towards the direction of the bigger trend thus there is option to only buy or sell.

Also you can use the Trend filter. Trend filter utilizes 200 period Moving Average and 50 period Moving Average. Price above/below 200 MA means a long term trend. Price above/below 50 MA means a healthy trend. You may customize 200 and 50 period as well.

The EA is equivalent of the indicator I Triple Cross.

Join the Discord Eas Community for support, recommedations etc. Eas Trading.

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This EA is using 3 Mas with different periods. A Buy Signal occurs when Green on the top, yellow in the middle, red at the bottom. A Sell Signal occurs when Red on the top, yellow in the middle, green at the bottom. When this happens, means a trend has just been established. A Close Signal occurs when the setup of the Mas is broken. You may customize the periods, and method of the MAs. The default values for 5M time frame are: MAGreen = 180 MAYellow = 720 MaRed = 2880 The default values for

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This indicator is trading Ichimoku Triple Cross strategy, that means price crosses Tenkan-sen, Chikou Span crosses price, and Chikou Span crosses Tenkan-sen. Tenkan Sen is not straight as well but towards the new trend. Triple cross happens just before Ichinoku Breakout it signals the creation of a new trend (Reversal) and it is more valid in bigger timeframes like 1 and 4 hours. When there is buy signal the indicator draws a blue arrow below price. When there is sell signal the indicator dr

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