This indicator base on EMA of 8 different period and Ichimoku Cloud .
#A brief introduction to Ichimoku #
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
#A brief introduction to EMA#
An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average . An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average ( SMA ), which applies an equal weight to all observations in the period.
I combine this together to help you reduce the false signals in Ichimoku .
#How to use#
EMA (Color) = Bullish trend
EMA (Gray) = Bearish trend
#Buy condition#
Buy = All Ema (color) above the cloud.
#Sell condition#
SELL= All Ema turn to gray color.
#A brief introduction to Ichimoku #
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
#A brief introduction to EMA#
An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average . An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average ( SMA ), which applies an equal weight to all observations in the period.
I combine this together to help you reduce the false signals in Ichimoku .
#How to use#
EMA (Color) = Bullish trend
EMA (Gray) = Bearish trend
#Buy condition#
Buy = All Ema (color) above the cloud.
#Sell condition#
SELL= All Ema turn to gray color.
發布通知:
Add alert condition
發布通知:
Minor fix
-Edit alert condition
-Edit alert condition
發布通知:
Minor Fix
-Add Buy/Sell Signal.
-Edit Alert Condition.
-Add Buy/Sell Signal.
-Edit Alert Condition.
發布通知:
-Fix Buy Alert
發布通知:
Update
-Add EMA 50/100//200
-Add new alert
-Add EMA 50/100//200
-Add new alert