is a cutting-edge development for the cAlgo trading platform that combines the traditional Ichimoku Kinko Hyo methodology with advanced analytical features. This indicator is specifically designed to provide traders with in-depth insight into market structures and enables quick, data-driven decisions on a visually intuitive level.
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integrates various elements to create a comprehensive picture of market conditions:
Tenkan sen (Red Line) and Kijun sen (Blue Line): These lines act as fast and slow averages. Their intersections are key signals that mark important entry and exit points in trading.
Senkou Span A (Green Line) and Senkou Span B (Pink Line): These lines together form the Kumo (cloud), which serves as a dynamic support and resistance area.
Chikou Span (Green Line): A backward-shifted line that represents past price movement and is used to assess market sentiment.
Description of the algorithm
The Ichimoku Pro CloudTrend indicator uses the Ichimoku Kinko Hyo as a basis and expands it with important features that make market movements even more transparent and understandable. Additional functions such as the display of the last monthly and daily highs/lows offer expanded options for analyzing and timing market movements.
Detailed functions and variables
The Ichimoku Pro CloudTrend indicator offers numerous customization options to meet the needs of different trading styles:
Period parameters: Adjustable lengths of the averages for each line to respond to different market conditions.
Shift parameters : temporal shifts of the lines that allow trends and reversal points to be identified in advance.
Monthly and daily peak display options: These settings improve the visualization of long-term and short-term trading strategies.
The Ichimoku Pro CloudTrend indicator visualizes trading signals through arrows and rectangles:
Arrows: Green arrows indicate buying opportunities in an uptrend when the Tenkan sen rises above the Kijun sen. Red arrows indicate selling opportunities when the Tenkan sen falls below the Kijun sen.
Rectangles: These are drawn to highlight significant price areas that have emerged during the last four candles, providing visual support in decision making.
Take advantage of the Ichimoku Pro CloudTrend indicator to refine and optimize your trading strategy. We invite all members to share their experiences with this innovative tool on our forum at forum.ai-fae.org and benefit from joint
INFO:
Once you have completed your order, the product will be available for download immediately. We thank you for your trust and wish you much success and insight with our offer.
