sudhindragk wrote: Thu Oct 28, 2021 7:06 am
By any chance do you know who the author of the document is?
Regards
SK

Jimmy wrote: Wed Oct 27, 2021 9:17 pm 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

mrtools wrote: Thu Oct 28, 2021 11:49 am Thanks for the nice template, can add jurik but with the way the Kumo cloud is calculated the jurik, will probably add a little lag but will definitely make, it smoother. Gonna experiment and see what I can come up with.

mrtools wrote: Thu Oct 28, 2021 12:59 pm This is a version pre smoothed with jurik, if you set the smooth length to 1 or less than 1 it should be the same as not smoothed, think this is probably the way to go for the less lag. Also added an option to have a choice to shift the cloud back, a normal Kumo cloud is shifted Kijun bars forward.

Second picture Kijun shift = false.

Jimmy wrote: Thu Oct 28, 2021 11:11 pm Epic, you're a saint brother. This is looking nice from your screenshots and I'm loading it up right now!

josi wrote: Thu Oct 28, 2021 11:32 pm I really don't want to spoil the party - but where exactly does it produce better signals than "simple" MAs?
Is there something I simply can't see?

josi wrote: Thu Oct 28, 2021 11:32 pm I really don't want to spoil the party - but where exactly does it produce better signals than "simple" MAs?
Is there something I simply can't see?

Jimmy wrote: Thu Oct 28, 2021 11:11 pm Epic, you're a saint brother. This is looking nice from your screenshots and I'm loading it up right now!

PS: It looks like it can also be "stacked" with multiple instances on the chart, too without having to change the indicator "i.d" in options. Neat!