Ichimoku Multiple Time Frame Analysis
Today we try and clear up the confussion with ichimoku multiple time frame analysis.
http://youtu.be/8JEyzIMnAJw
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Ichimoku Multiple Time Frame Analysis
Today we try and clear up the confussion with ichimoku multiple time frame analysis.
http://youtu.be/8JEyzIMnAJw
Does anyone has an indicator that gives alerts when there is kumo breakout ?
Hi Darren Wcw,
Everything related to Ichimoku indicators are on this post by links to download. As to alert so I see 2 indicators there but for MT5 9I did not check the other indicators for alerts sorry).
Here is a video to help you realize when price might stall because of the disequilibrium of the Tenkan and Kijun and Senkou A vs B.
http://youtu.be/lJnoMeD7M18
Ichimoku is a technical or chart indicator that is also a trend trading system in and of itself. The creator of the indicator, Goichi Hosada, introduced Ichimoku as a “one glance” indicator so that in a few seconds you are able to determine whether a tradable trend is present or if you should wait for a better set-up on a specific pair.
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Ichimoku indicator description
- Tenkan Sen - moving average of the highest high and lowest low over the last 9 trading days. (Highest high + Lowest low) / 2 over the last 9 trading days
- Kijun Sen - moving average of the highest high and lowest low over the last 26 trading days. (Highest high + Lowest low) / 2 over the last 26 trading days.
- Senkou Span A - the average of the Tenkan Sen and Kijun Sen, plotted 26 days ahead. (Tenkan Sen + Kijun Sen) / 2 plotted 26 days ahead
- Senkou Span B - the average of the highest high and lowest low over the last 52 days, plotted 26 days ahead. (Highest high + Lowest low) / 2 over the last 52 trading days plotted 26 days ahead.
- Chikou Span - the closing price plotted 26 days behind.
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For lower timeframe - there are 2 kinds of settings:
- 9/26/52 as default one and/or
- 72/144/288
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Besides, there are many signals of Ichimoku indicator to open the trades. I know about 6 signals (but it is much more signals in combination with each other):
- Tenkan Sen / Kijun Sen Cross - very weak signal but it is coming as the first one ... but it may be a lot of false signals
- price crossing Kijun Sen - more strong signal
- price crossing Sinkou Span A line (Kumo Breakout)
- price crossing Sinkou Span B line (Kumo Breakout)
- Senkou Span A crossing the Senkou Span B (trend reversal)
- Chikou Span crossing historical price - it is most strong signal for Ichimoku but it is lagging on timeframes started with H1, and not lagging for lower timeframes
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Tenkan Kijun Senkou Span B Trading system is on this post with many indicators and templates. Trading rules are on this post.
Ichimoku Abraham Trend system is on this thread.
Ichimoku Alerts
- IchimokuAlert_v1 indicator for Metatrader 5 is on this post. This is the indicator with arrows/signals and alerts on them : Tenkan/Kijun, Chinkou/Cloud, Chinkou/Price and 4-all together
- IchimokuAlert_v1.1 indicator for Metatrader 5 is on this post. Warning alert was improved and autosettings feature was added.
Tenkan Kijun Senkou Span B Trading system is on this thread.
- IchimokuSystem_v1 indicator is on this post. This is trading system indicator (original one).
- IchimokuSystem_v1.2 600+ indicator is on this post (this version works with Metatrader 4 build 600 and above)
- IchimokuSystem_v1.3 600+ indicator is on this post. This is updated IchimokuSystem indicator with signals and alerts when Span A crosses Span B (ArrowsMode = 3). (this version works with Metatrader 4 build 600 and above)
- IchimokuSystem_v1.4 600 indicator is on this post. This is improved candle/price version of Span A/Span B crossing (this version works with Metatrader 4 build 600 and above)
Ichimoku average indicators:
- #Soho_Ichi_Average indicator is on this post
- #Soho_Ichi_Average_v1 indicator made by Igorad is here.
IchimokuHisto
- IchimokuHisto_v1 indicator is on this post. The indicator was created for "Chinkou Span crossing the historical price (candle) with 26 candles before current price".
- IchimokuHisto_v1.2 indicator is on this post. Improvement: color is gray if chinkou between High - Low candlestick; 26 shift forward for histogram position incl for recent chinkou - more explanation is on this post.
- Kumo vs Candle indicator and Tenkan Sen-Kijun Sen Histo2 indicator are on this post.
Kijun-Sen_Envelopes indicator is on this post.
Ichimoku discussion thread is here.
Ichimoku_Monitor indicator is on this post. It is monitoring ichimoku signal on multi timeframe, based off various ichimoku strategies.
Alternative_Ichimoku_cfb_mtf indicator is on this post.
ichi380v8 indicator is on this post. This indicator coded based on ichimoku tenkan/kijun cross signal strategy.
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http://youtu.be/lWbdmd2aRS0
Ichimoku Trading Strategies For Finding Winning Trades by Hubert Senters | Real Traders Webinar
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Ichimoku threads/posts on mql5.com forum
- The theory of the signals
- Ichimoku alert indicator with arrows
- Ichimoku alert indicator improved : warning alert mode was fixed and autosettings feature was added
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Ichimoku indicator description
- Tenkan Sen - moving average of the highest high and lowest low over the last 9 trading days. (Highest high + Lowest low) / 2 over the last 9 trading days
- Kijun Sen - moving average of the highest high and lowest low over the last 26 trading days. (Highest high + Lowest low) / 2 over the last 26 trading days.
- Senkou Span A - the average of the Tenkan Sen and Kijun Sen, plotted 26 days ahead. (Tenkan Sen + Kijun Sen) / 2 plotted 26 days ahead
- Senkou Span B - the average of the highest high and lowest low over the last 52 days, plotted 26 days ahead. (Highest high + Lowest low) / 2 over the last 52 trading days plotted 26 days ahead.
- Chikou Span - the closing price plotted 26 days behind.
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http://youtu.be/cyciDlv4xXc
In this video Manesh Patel shows you how to use Ichimoku clound system to project your entry and exit trading point.
http://youtu.be/MmtdHEqFEN8