Multi timeframe Ichimoku Assistant MT4
Ichimoku Assistant is a multi-timeframe panel and alert system that scans all timeframes for multiple rules related to different ichimoku strategies.
The Ichimoku indicator has 5 different lines, including Tenkan-sen, Kijun-sen, Senku Span A, Senku Span B and Chikou Span. This scanner checks the status of these lines compared to each other and gives alert based on your selected rules.
If you are using ichimoku kinko hyo in your trading strategy, this scanner and its alert and filtering system is a big time saver for you.
Scanner doesn't work in the strategy tester, you can download the demo version and read the full description of parameters in the blog page.
Which rules Ichimoku Assistant checks?
This ichimoku Assistant checks 13 different rules that you can use their combinations to implement any type of ichimoku strategy in the chart.
- Tenkan Direction: Tenkan-sen line moving up/down
- Tenkan/Kijun Position: Tenkan-sen line is above/below Kijun-sen line
- Tenkan/Kijun Cross: Tenkan-sen line crossing up/down Kijun-sen line
- Price/Kijun Cross: price crosses Kijun-sen line upward/downward
- Price/Cloud Position: price is above/below ichimoku cloud
- Future Cloud Direction: future ichimoku Cloud moving up/down
- Price leaves Cloud: price leaves the cloud from up/down
- Senkou A/B Cross: Senkou A line crosses Senkou B line upward/downward
- Senkou A/B Position: Senkou A line is above/below Senkou B line
- Chikou/Price Position: Chikou line is above/below price
- Chikou/Price Cross: Chikou line crosses price upward/downward
- Breakout from the last High/Low
- Trend Pullback
- For all above rules you can reverse the rule in the indicator's setting. For example when price goes above the cloud, with reversing the rule indicator gives sell alert instead of buy alert.
- You can minimize the panel by selecting the exact timeframes that you want to show on the panel.
- You can select/deselect the rules and timeframes that you want to receive alert for them from the indicator settings and also directly from the panel.
- In the scanner settings there are different filters for optimizing the rules to get the best alerts for your strategy.
- There are a full set of parameters for customizing the appearance of the panel.
- You don't need to set rules for buy and sell separately, indicator automatically considers the opposite rules for buy/sell.
Different Alert Types:
- Show Pop Up Alert: Show alert window when scanner alert triggers.
- Send Push Notification: Send push notification to mobile phone when scanner alert triggers. (You should set metatrader notifications options)
- Send Email: Send email when scanner alert triggers. (You should set metatrader email options)
Use the power of Ichimoku Assistant in your EAs:
This ichimoku scanner has a fast and lightweight version (bridge) that you can use in the code of expert advisors and indicators to check different rules of ichimoku indicator for all metatrader timeframes.
- If you want to trade based on Ichimoku indicator in your trading strategy you can use the bridge in your expert advisor code (with iCustom function).
- Bridge is included in the lifetime licenses of the scanner, contact me after buying the scanner and I'll send the bridge to you.
- You will receive a sample EA to see how to use the bridge in the expert advisor code.
If you have any questions, please ask in the comments section. I'll do my best to answer your questions.