Hi everyone,
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:
1. Ichimoku Trend Bias: Price above or below Kumo Cloud
2. Kumo Bias: Kumo Cloud Bearish or Bullish
3. Tenkan-Sen / Kijun Crossover
4. Signal Strength: Whether the TS/KS crossover was above Kumo or below
5. Draws a Price Tage for Best Entry based on TS/KS cross
6. Drawn Vertical and Horizontal Lines bases on Best Entry
7. Prints basic Trade related information on Top Right corner
8. 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
Article: Introduction to Ichimoku | ichi360 might help
you.
Thanks,
ichi360