Ichimoku

Heiken Ashi With Ichimoku - Heichi System

In this tutorial the author explained how to combine heiken Ashi Candlestick together with Ichimoku Cloud indicator, but with modifying some ichimoku components which is taken out. other indicator also use for additional trade confirmation.

Ichimoku Basics

How I Trade the Ichimoku Cloud

IchimokuAlert - indicator for MetaTrader 5

This is a simple indicator from the standard МetaТrader 5 delivery package, with an additional Alert function.

Tenkan Sen / Kijun Sen Cross
The Tenkan Sen / Kijun Sen Cross signal occurs when the Tenkan Sen (Turning line) crosses the Kijun Sen (Standard line).

A bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen

• A weak bullish signal occurs when the cross is below the Kumo.
• A neutral bullish signal occurs when the cross is inside the Kumo.
• A strong bullish signal occurs when the cross is above the Kumo.

A bearish signal occurs when the Tenkan Sen crosses from above to below the Kijun Sen

• A weak bearish signal occurs when the cross is above the Kumo.
• A neutral bearish signal occurs when the cross is inside the Kumo.
• A strong bearish signal occurs when the cross is below the Kumo.

Kijun Sen Cross
The Kijun Sen Cross signal occurs when the price crosses the Kijun Sen (Standard line).

A bullish signal occurs when the price crosses from below to above the Kijun Sen[/FONT][/COLOR]

• A weak bullish signal occurs when the cross is below the Kumo.
• A neutral bullish signal occurs when the cross is inside the Kumo.
• A strong bullish signal occurs when the cross is above the Kumo.

A bearish signal occurs when the price crosses from above to below the Kijun Sen

• A weak bearish signal occurs when the cross is above the Kumo.
• A neutral bearish signal occurs when the cross is inside the Kumo.
• A strong bearish signal occurs when the cross is below the Kumo.

Introduction to Ichimoku Part 1

In this Video we'll take a look at Tenken-sen and Kijun-sen and how they work!

Introduction to Ichimoku Part 2

In this video we will dive into the most iconic part of the system, the cloud!
In this instance we reccommend getting your head in the clouds with us as we break down the parts and pieces, and all the things it does for us!
We also jump into the last part of this indicator which is chikou span, the lagging indicator. We explore it's purpose and how to interpret it!

1. 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
2. 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.
3. 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
4. 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.
5. Chikou Span - the closing price plotted 26 days behind.

AllKijun-Sen_v1_0 indicator for Metatrader 5 is on this post. This is MTF indicator with ability to use the latest set of averages for the prices pre-smoothing.

Here we give a quick overview of the Ichimoku components. Next video will talk about reading the market and the signals generated by the Ichimoku. Also we will learn how to trade this system in the next video so keep an eye out!
The Ichimoku chart is made up of five separate elements which are designed to be considered together as a complete picture to provide a perspective on the equilibrium of the current price. These are:

1. Tenkan Sen - Turning line
   A moving average of the highest high and lowest low over the last 9 trading days.
2. Kijun Sen - Standard line
   A moving average of the highest high and lowest low over the last 26 trading days.
3. Senkou Span A - 1st leading line
   The average of the Tenkan Sen and Kijun Sen, plotted 26 days ahead.
4. Senkou Span B - 2nd leading line
   The average of the highest high and lowest low over the last 52 days, plotted 26 days ahead.
5. Chikou Span - Lagging line
   The closing price plotted 26 days behind.

[COLOR=#666666][FONT=&quot]The area between the two Senkou Spans is called the Kumo (Cloud)[COLOR=#222222][FONT=Verdana]

Ichimoku - expert for MetaTrader 5

Expert Ichimoku - expert for MetaTrader 5

The Expert Advisor is based on the iIchimoku (Ichimoku Kinko Hyo) indicator. If the last position was closed at a loss, the next one will be opened with the increased volume (the volume increase is one-time, there is no constant volume increase).
A losing position is tracked in OnTradeTransaction: transaction type Structure of a trade transaction and deal type DEAL_ENTRY_OUT are expected.