Ichimoku average

I attached indicator to my previous post. As I see from the code - it is something "about RSI within CCI" looking for the future a little Means - indicator is repainted ... a little bit .... the author (pollan) was saying here (i translated to the english):

indicator is repainted but not so much to get the losses

By the way - he used this indicator for real trading and he attached his MT statement as screenshot here ... I attached his statement on zip file here because I can not see his screenshot ... strange format ("Opera Web Document") ...

It is fine from my browser, IE9, it can be open without problem.

Hi NewDigital
What is ur opinion about TMA+ichi Cloud


TMA.mq4

It looks good but I did not trade it sorry

As i remember, u are the fan of ichi.

Originally Posted by levonisyas

As i remember, u are the fan of ichi.

Hi levonisyas,

Igor did this for me years ago... Personally, I prefer it to the cloud. Maybe you will like it with your tma.

Hi TCT,
Thank u very much for sharing.
Also u are so lucky because Igor did something for u.

Ichimoku Kinkō Hyō

Ichimoku Kinko Hyo (一目均衡表 Ichimoku Kinkō Hyō) usually just called ichimoku is a technical analysis method that builds on candlestick charting to improve the accuracy of forecast price moves. It was developed in the late 1930s by Goichi Hosoda (細田悟一 Hosoda Goichi), a Japanese journalist who used to be known as Ichimoku Sanjin, which can be translated as “What a man in the mountain sees.” He spent thirty years perfecting the technique before releasing his findings to the general public in the late 1960s.


Ichimoku Kinko Hyo translates to ‘one glance equilibrium chart’ or ‘instant look at the balance chart’ and is sometimes referred to as ‘one glance cloud chart’ based on the unique ‘clouds’ that feature in ichimoku charting.

Ichimoku is a moving average-based trend identification system and because it contains more data points than standard candlestick charts, provides a clearer picture of potential price action. The main difference between how moving averages are plotted in ichimoku as opposed to other methods is that ichimoku’s lines are constructed using the 50% point of the highs and lows as opposed to the candle’s closing price.

Ichimoku Kink? Hy? - Wikipedia, the free encyclopedia
I recommend the following books, which may be able to provide some sort of ‘definitive’ guide on Ichimoku:

1. Ichimoku Charts – An Introduction to Ichimoku Kinko Clouds by Nicole Elliott
2. Trading with Ichimoku Clouds – The Essential Guide to Ichimoku Kinko Hyo Technical Analysis by Menash Patel
3. Cloud Charts – Trading Success with the Ichimoku Technique by David Linton

The video by Menash Patel is also a very good introduction of the indicator. For those interested, I have uploaded a map of the components of the indicator including its formula and interpretation.

This system works in case of high impacted news time too:

- 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). Updated template with using this indicator is on this post.

But if we updated this system (see previous post) with #Soho_Ichi_Average_v1 indicator from here so we can get more clear results (the template is attached).