Ichimoku Clouds and Lines Indicator For TradeStation |
*
*
*
*
*
*
*
*
*
*
*
*
*
*
GET MORE OUT OF YOUR TRADING PLATFORM
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
ICHIMOKU CLOUDS AND LINES INDICATOR FOR TRADESTATION
ICHIMOKU CLOUDS AND LINES INDICATOR FOR TRADESTATION
TradeStation Applications:
Indicator
Market:
All (Stock, Futures, Forex, Options)
Time Frame:
Any (Tick, Minute, Day, Week)
Trading Style:
Swing, Breakout, Support and Resistance
We provide 2 Ichimoku indicators : Ichimoku Lines and Ichimoku
Clouds, when combined you receive the best Ichimoku indicators on the
market, this is exactly what you have been looking for.
If you are reading this then you are probably an experienced trader,
the indicators we provide will give you the tools you need to trade
according to the Ichimoku Kinko Hyo.
Our experts have also developed a special that helps you trade just
like the real Ichimoku masters. It shows you all the real time
information you need to know, in a fast and easy to view manner. The
radar screen is RECOMMENDED FOR HIGHLY EXPERIENCED TRADERS ONLY.
BACKGROUND INFORMATION ON THE ICHIMOKU KINKO HYO:
The Ichimoku Cloud, also known as the Ichimoku Kinko Hyo, is a highly
versatile Indicator that defines support and resistance levels,
sideways moving markets, trend direction and even provides trading
signals. The phrase “Ichimoki Kinko Hyo” translates into “One
Look Equilibrium Chart”. Which simply means that buy one quick
glance at a chart with an Ichimoku indicator, the trader can identify
the direction of the trend, and find potential signals.
Goichi Hosada, is the man behind this Indicator, he was a journalist
that published this amazing indicator in his book back in 1969. The
Ichimoku indicator has gained popularity over time, lately it has
become more and more known that large Institutions such as
GOVERNMENTS, BANKS AND HEDGE FUNDS USE THE ICHIMOKU INDICATOR to make
informed decisions about market direction, mostly using it on a Weekly
and Daily time frames.
DIG ICHIMOKU CLOUDS
This indicator represents the Ichimoku Clouds, the clouds are the
basis of the Ichimoku approach. The cloud is formed by lines, SENKOU
SPAN A and SENKOU SPAN B. The Ichimoku clouds provide you with
locations of support and resistance, sideways market, and even project
on the chart the future price action.
The SENKOU SPAN A is the faster moving line (COLORED IN GREEN).
The SENKOU SPAN B is the slower moving line(COLORED IN YELLOW).
AIG DAILY CHART:
You can see how the Ichimoku Clouds clearly show the trend direction.
When the Senkou A (Green) is above the Senkou B (Yellow), the cloud is
colored green indicating a bullish trend. When the Senkou A (Green) is
below the Senkou B (Yellow), the cloud is colored yellow indicating a
bearish trend.
DIG ICHIMOKU LINES
This indicator contains the moving averages of Ichimoku. The
Tenkan-Sen also known as the Turning Line (Fast Average), the
Kijun-Sen also known as the Standard Line (Slow Average), and the
Chikou Span also known as the Lagging or Delayed Line.
These moving averages ( the Tenkan and the Kijun ) act similar to a
MACD crossover signals indicator, when the Tenkan (Turning) crosses
over the Kijun ( Standard ) line this indicates a Bullish signal. When
the Tenkan (Turning) crosses under the Kijun (Standard) line this
indicates a Bearish signal.
The Chikou Span, is also a very important feature of the Ichimoku. It
represents the current price moved back in time. This is extremely
helpful, as it clearly shows the direction and strength of the trend,
when the Chikou Span is above in prices this indicates a Bullish
Trend.
CAT Daily Chart:
* Purple color : Chikou Span – Lagging/Delayed close price line
* Blue color : Tenkan ( Turning ) the fast average
* Red Color : Kijun ( Standrd ) the slow average
PUTTING IT ALL TOGETHER
When both the DIG Ichimoku Lines indicator and the DIG Ichimoku
Clouds indicator are applied to a chart, the trader gets the full
benefit of Ichimoku.
CAT Daily Chart:
A beautiful Example of a long signal, you can see how the price
bounces of the Cloud, the Tenkan(Turning) crosses over the
Kijun(Standard) line above the cloud, and the Chikou span is above the
price. Beautiful movement on a Daily chart.
Traditionally Ichimoku is used on High time frames such as Daily or
Weekly, but lately more and more professional trades started
successfully working with it on lower time frames such as 240 mins, 60
mins and even 15 mins.
TEST DRIVE THE ICHIMOKU PACKAGE FOR FREE!
YOU CAN TEST DRIVE A FREE VERSION of this product, by simply pushing
the Test Drive button. This is a limited version, meaning that it
contains the full capabilities of the Paid version, but its use is
limited to specific Symbols (GBPUSD, AIG, AAPL).
Your name:
Your Email:
-------------------------
BUY THIS INDICATOR NOW FOR $99.95 ONLY!
-------------------------
IMPORTANT NOTE: After the purchase, we will email you a request for
your Tradestation Customer Number, after which the product will be
sent to your email with instructions on how to install and use it.
Email us for any questions: support@protradingindicators.com
CODING SERVICES
*
*
*
Search
INDICATORS WE OFFER
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
GET SPECIAL OFFERS AND UPDATES!
sign up to our monthly newsletter to get updated on new indicators
and special deals.
LEGAL padding-left:20px;"> | | | | | |
