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Supported Platforms: | Tradestation, MultiCharts |
| Market: | All (Stock, Futures, Forex, Options) | |
| Time Frame: | Any (Tick, Minute, Day, Week) | |
| Trading Style: | Swing, Breakout, Support and Resistance | |
| Licence: | Lifetime Licence |
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 Ichimoku Radar Screen 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 by 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 off 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.
See the Ichimoku indicator in action:
 AMZN – 60 Min |
 AMZN – 60 Min |
 DOW 15 Min |
 GBPUSD Daily |
Buy a Lifetime Licence for the Ichimoku Indicator:
After purchase, the code will be sent to your email with instructions on how to install & use it.It usually takes us 48 to send the product.
Secure Purchase: You will be transferred to a secure purchase page, we are using paypal as our third party checkout. the purchase page will look like this:
4 comments
Timothy Sattler says:
March 1, 2011 at 1:35 am (UTC 0 )
hi,
I have been using the Ichimoku indicators for the past two weeks, and i am very pleased.
I am interested to know if there is a way to turn the chikou span off.
Support says:
March 1, 2011 at 8:12 am (UTC 0 )
Timothy, currently that option is not supported. If enough customers will request it we will add it to the Ichimoku Lines product.
The other solution we offer, you can Contact our
Custom EasyLanguage Programing Team. You can give them a list of the exact modifications you want to have, they will evaluate them and give you a quote and a time estimate.
Thomas A. says:
March 1, 2011 at 1:55 am (UTC 0 )
Please help me,
A few hours ago i have recieved the Ichimoku indicators i have ordered yesterday, thanks for the quick delivery.
The problem is that i cant get the _DIG_Ichimoku_Clouds indicator to work,
_DIG_Ichimoku_Lines works perfectly, but the other one just keeps on giving the following error :
please help me fix this!
Thanks,
Thomas A.
Support says:
March 1, 2011 at 8:07 am (UTC 0 )
Thomas, I looked over you order information, and you are currently using TradeStation 9.0
This problem most likely has nothing to do with MaxBarsBack, it has to do more with the settings of the chart itself.
Please follow the instructions from the Product Manual you have received: