- What's new
TakePropips Ichimoku Cloud Trend
TakePropips Ichimoku Cloud Trend is a powerful and effective tool that automatically detects trading opportunities using the Ichimoku Cloud indicator and provides you an entry and exit signals.
It is designed to provide you trading signals and save you hours analyzing the charts!
Automated Entry and Exit Signals - detects buy & sell opportunities on multiple pairs and timeframes.
Stop Loss & Take Profit - for every signal generated, the indicator provides you up to 3 take profit level and also a stop loss.
Trend Scanner - the indicator will scan any pairs and timeframes for trading signals and gives you alerts when opportunity arises. The scanner also makes it easier at a glance to see what the current trend of a specific pair.
Statistical Dashboard Panel - shows the entry price, take profit, stop loss, success rate, and total profit/loss of each currency pair so you know exactly the result.
Alerts, Email, and Push notifications - receive notifications when a new buy or sell signals are identified so you never miss another trading opportunity.
Customizable, non-repainting, no backpaints - easily customize the color and the layout of the scanner. The indicator never repaints or backpaints.
Multi-Timeframe Analysis - the scanner allows you to easily identify the trend direction of any pairs and also take advantage of multi-timeframe analysis to increase your probability of success. This allows you to enter trades only when the higher timeframe is in the same trend direction as your entry timeframe.
Risk/reward ratio - you can setup the indicator to automatically calculate your take profit & stop loss level based on a specified risk/reward ratio.
Historical Performance - the indicator shows the historical performance of the indicator for each pair and timeframe so you know exactly which combination works best.
How to setup a trade?
Make your trading much simpler with this 3 simple steps!
1. Trade Analysis
- Enter a trade if success rate is 70% or greater and the profit shows positive
2. Take Profit
- Option 1 - Take profit on TP1
- Option 2 - Partial Take Profit on TP1 and close remaining positions on TP2 and/or TP3
- Option 3 - Take Profit on opposite signal and ride the trend
3. Stop Loss
- Option 1 - set your fixed stop loss level based on provided SL value in the dashboard panel
- Option 2 - exit your buy position on a new sell signal and exit your sell position on a new buy signal
This indicator works on any forex pairs, indices, crypto and commodities like Gold.
Scalpers, intra-day traders, and swing traders can use the signals from this indicator.
Ichimoku Cloud Trend Filter - sets the settings of the Ichimoku Cloud indicator.
Take Profit & Stop Loss - you can modify the method in which the take profit and stop loss are calculated. You can choose to set a specific risk/reward ratio or a multiplier based on ATR to set the values for TP & SL.
Symbols & Timeframes - add the pairs and timeframes you want the indicator to scan for trading signals.
Dashboard Scanner Style - change the layout and color of objects in the scanner.
Chart Style - change the colors and visibility of objects drawn in chart.
Alert Notification - receive alerts via email, mobile push notifications or MetaTrader alerts window when a new buy or sell signals are identified.
If you have any questions, please don't hesitate to contact me at firstname.lastname@example.org or via a private message & I will be glad to help!