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Re: Ichimoku Indicators for MT4

Banzai, Tue Jan 28, 2020 12:17 pm

Ichimoku Thunder and Lightning Clouds


According to this ebook by Akira Takahashi which cost $US0.99 on Amazon:
Ichimoku Thunder and Lightning Clouds was a concept of trading built by floor traders in Tokyo to teach new traders how to trade a fusion of price action and Ichimoku using not one cloud or kumo but two. Dive into this unique concept beyond the traditional Ichimoku standard.

Here are the settings for MT4:

  • Fast Kumo = Lightning Kumo Cloud = (7,12,15)
  • Slow Kumo = Thunder Kumo Cloud = (7,21,48)

On the TradingView platform, use:

  • Fast Kumo = Lightning Kumo Cloud = (7,12,15,6)
  • Slow Kumo = Thunder Kumo Cloud = (7,21,48,21)

If the prices are above both clouds, go LONG.

Vice versa for short.

If the prices are below both clouds, go SHORT.
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