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Ichimotor

Ichimotor is a trend based, custom indicator which combines the Ichimoku Cloud and Alligator


Features

  • Trend based Indicator
  • Does not repaint
  • No False signals
  • Works on all timeframe
  • Applicable on Forex, Indices and Stocks


Input Parameters

  • Show Indicator after Testing: True/False
  • Sound an alert: True/False
  • Send an email: True/False
  • Send a notification: True/False


Signals

  • The signals are generated when there is intersection of the Alligator with the Ichimoku Cloud
    • Thick green Up arrows - Buy
    • Thick red Down arrows - Sell


Trading Method

  • Check the trend with crossing of Senkou Span A and Senkou Span B
    • Uptrend: Senkou Span A is above Senkou Span B
    • Downtrend: Senkou Span A is below Senkou Span B
  • Buy: When Green arrow appears in an Uptrend
  • Sell: When Red arrow appears in a Downtrend
  • Green arrows in Downtrend: Ignore/No action
  • Red arrows in Uptrend: Ignore/No action

Take Profit and Stop loss

  • Take profit: Profit should be taken while
    • In a Sell position: Green arrow appears
    • In a Buy position: Red arrow appears
  • Stop Loss:
    • For a Buy position: appearance of Red arrow
    • For a Sell position: appearance of Green arrow

Timeframe:

  • Works on all timeframe
  • Best TF for intraday trading: M1, M5
  • Best TF for positional trading: H1, H4

Money Management

  • Martingale can be used to recover losses if any

Caution

  • Do not trade when both Senkou Span A and Senkou Span B are flat
Comentários 1
PaulMam
40
PaulMam 2017.10.01 04:46 
 

Great indicator!!!. I really appreciate the simplicity of Vijay’s products which is not only easy to understand but also very profitable. The indicator reasonably priced compared and has great potential. I have rented 2 of his products and will definitely recommend trying them. Thanks again for such a wonderful product and good luck. Looking forward to trying out your new products

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Best and worst Dashboard was born from the idea to have a panel that includes all the symbols in a chart. It is very importance to understand which symbols are both positive and negative. In the past, we realized the single indicator Best and Worst ( https://www.mql5.com/en/market/product/11784 ), now thanks to the upgrading of the Metatrader the dashboard displays all the instruments simultaneously. A great revolution. This Dashboard is able to calculate performance at any time frame and clicki
100 USD
PTS Demand Index
PrecisionTradingSystems
Demand Index was the creation of James Sibbet and uses complex code to make simple work of the interpretation of volume and price as a combination. Understanding volumes is never an easy task but this beautiful piece of programming certainly makes like a lot easier. There are several ways in which this indicator can benefit traders and investors alike. Divergences (As a Leading indicator) Having studied many technical indicators over the years I have formed the opinion that Demand Index is one
95 USD
DynamicSR
Ashok Nale
DynamicSRchannels indicator draws Dynamic Support & Resistance channel in order to predict Open value of next bar. Space in the right side of the chart consists of SR trendlines drawn based on history data. At any point of time price movement is controlled by these SR lines. This Indicator draws these SR lines for the open price of the next bar and makes it easy to predict the movement of the price. There can be three different possibilities of the movement of the current price: Break down the l
100 USD
Real Time Currency Valuation
Igor Korepin
This unique currency index indicator has a wide range of tools for analyzing and monitoring the situation on the foreign exchange market. The indicator displays indexes of eight major currencies and also can calculate index of any other currency, metal or CFD. You will not need to study dozens of charts to determine strong and weak currencies, as well as their current dynamics. The picture of the whole currency market for any period can be viewed in a single indicator window. Main features of
75 USD
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PaulMam
40
PaulMam 2017.10.01 04:46 
 

Great indicator!!!. I really appreciate the simplicity of Vijay’s products which is not only easy to understand but also very profitable. The indicator reasonably priced compared and has great potential. I have rented 2 of his products and will definitely recommend trying them. Thanks again for such a wonderful product and good luck. Looking forward to trying out your new products

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