I just thought to share my own developed Ichimoku Trading Indicator and I hope you’ll find it useful. Here are the basic features available in the current version:
Ichimoku Trend Bias: Price above or below Kumo Cloud
Kumo Bias: Kumo Cloud Bearish or Bullish
Tenkan-Sen / Kijun Crossover
Signal Strength: Whether the TS/KS crossover was above Kumo or below
Draws a Price Tage for Best Entry based on TS/KS cross
Drawn Vertical and Horizontal Lines bases on Best Entry
Prints basic Trade related information on Top Right corner
Calculates and Prints how many Pips earned since the Best Entry
I’m currently working on adding more features such as Alerts (Screen + Email) as well as the Ichimoku Support and Resistance to be added in the next future releases.
If you want to learn the basic concepts of Ichimoku then this article ichi360.com/?p=487 Article: Introduction to Ichimoku | ichi360 might help you.
Hi,
thank you for coming with a wonderfull indicator. Please can you give me the code for this indicator. How can i make this indicator to trade for me(i.e. making it an EA)?
I was looking for something like this to help me with Ichimoku trading, it’s sorta been somewhat a mystery to me, so many indicators and so little time. I’m looking forward to getting more in tune with it. I’ve been to your site and have seen that you’ve developed a newer version, where can I find your new beta? Thanks again in advance.
Moore