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Re: Ichimoku Indicators for MT4

Jimmy, Wed Oct 27, 2021 9:13 pm

Banzai wrote: Tue Jan 28, 2020 12:12 pm According to this ebook by Akira Takahashi which cost $US0.99 on Amazon:
Ichimoku Thunder And Clouds

I'd like to expand on this one if I may. I've emulated the Thunder and Clouds settings using a pair of Mrtools's AHTF MTF Ichimoku (no smoothing).
I really find fascination in things like this. Thank you Banzai 🤗

This is a decent idea, but needs to be used only in the two most busiest market times. I'm talking:

  • London Session
  • US Session

Indeed, this is a smart "crossover" strategy, but it needs to be used only when the market is moving (for now).

I hate recommending additional indicators for confluence, but in this instance you'll need an additional confirmation indicator to get the most out of it (especially if you're new to trading).

Takeaway notes:

This is a smart idea, but I think it would greatly benefit from added Jurik Smoothing whilst using these settings to help us with lag and possibly assist us with weeding out the false crosses. Only then, I think we can do away with an additional confirmation indicator 👌

This template contains:

  • Non-repainting Ichimoku by Mrtools with Solid Filled coloring for the clouds
  • AHTF (Auto Higher Timeframe, Multi-timeframe) ability
  • The latest Thick Wick (Custom Candlestick) indicator by Mrtools - Now with Auto-adjusting candlesticks 🆕
  • Dark mode chart theme
  • Additional information PDF
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