Tenkan Kijun Senkou Span Trading system

Originally Posted by vsreeram77

kindly help the indicator, i am unable to find this exact indicator along with template, thanks in advance

Template with the indicator is on this post.

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And once again - please look at the following wiki post to download/select the indicators with trading systems related to Ichimoku - this post trading forum wiki

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You were unable to find because you did not read this thread Tenkan Kijun Senkou Span Trading system
and you did not read this post trading forum wiki with the indicators to download

Premium section link -
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PolyBands Ichimoku systems is on this thread.
- files and rules of the system (howto trade) is on this page.

For the first version of this manual trading system (Tenkan Kijun Senkou Span Trading system) - look at the first post of the thread.

Hi ND,

Not cleared, why that red arrow appeared, when there was no crossing? Request to help here.....


Regards,
Jag

Originally Posted by newdigital

Hi Gus4x,

I edited first post of this thread with 2 indicators and 1 template file, and edited this thread trading forum wiki for new manual system.
Yes, I traded it for M1 timeframe but it is basicly for M1 and M5 (M5 is more reliable timeframe for this system).

Trading rules are very easy:

- Tenkan line (red color) may be "fast line"
- Kijun line (blue color) may be acted as "slow line"
- White line (Senkou Span B) is divided the chart onto 2 zones: buy area (above the line) and sell area (below the line).

Trading with red-color-line/blue-color-line crossing. On the same way as using 1 MA indicators. But white line is acting as the filter. For example, if we see the crossing of those 2 lines (on close bar of course) for sell so we may open sell trade only if this crossing was happened below white line (inside sell zone).

It is good system to know the market condition in quick way (for example - if we do not have time to analyze many charts etc) - we can open the chart, right mouse click on any place on the chart - select 'Template' - select our template and everything will be loaded. And we will easy analyse about the price: it si in sell zone (bearush as primary trend), or in buy zone (bullish). It is the most quick way to know the market condition.

why there is no arrow, even though there is cross?

Originally Posted by jagadish123

Hi ND,

Not cleared, why that red arrow appeared, when there was no crossing? Request to help here.....


Regards,
Jag

Originally Posted by jagadish123

why there is no arrow, even though there is cross?

IchimokuSystem indicator in separate window?
I do not know this issue sorry ...

When red color line is crossing the blue line - it is for arrow but only if the crossing is confirmed by white color line.
For white color line: about this line is for buy to confirmed, below this line - sell confirmed.

By the way, this arrows came from IchimokuSystem indicator, and it is Price/SpanB crossing arrows:

It means: if we see the arrow so we should look at white color line (buy arrow confirmed if above white line, sell arrow confirmed if below white line), and we should look at IchimokuSystem indicator colors (blue is for buy to be confirmed, red color is for sell to be confirmed).

Thanks ND. Got you.

Originally Posted by newdigital

By the way, this arrows came from IchimokuSystem indicator, and it is Price/SpanB crossing arrows:

It means: if we see the arrow so we should look at white color line (buy arrow confirmed if above white line, sell arrow confirmed if below white line), and we should look at IchimokuSystem indicator colors (blue is for buy to be confirmed, red color is for sell to be confirmed).

Ichimoku Tenkan Kijun Intersection - indicator for MetaTrader 5

Show on the chart, using arrows, the moments of intersection of the 'Tenkan-sen' and 'Kijun-sen' lines of the 'Ichimoku' indicator.

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The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:

• MaksiGen_Range_Move MTF - indicator for MetaTrader 5
• Ichimoku Tenkan Kijun Intersection - indicator for MetaTrader 5
• ColorSchaffTriXTrendCycle - indicator for MetaTrader 5
• custom color schemes for MT5 - post #525