太虚一毫 wrote: Mon Oct 25, 2021 3:11 am These two indicators also belong to this category.

Banzai wrote: Tue Oct 26, 2021 6:07 pm Kumo Cloud Zones

No MTF yet.
You can turn the background zones on or off.
And you can turn the Kumo cloud on or off.

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 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)

from wiki:
Tenkan-sen
Tenkan-sen (転換線) calculation: (highest high + lowest low)/2 for the last 9 periods.

It is primarily used as a signal line and a minor support/resistance line. Tenkan Sen (red line): This is also known as the turning line and is derived by averaging the highest high and the lowest low for the past nine periods. The Tenkan Sen is an indicator of the market trend. If the red line is moving up or down, it indicates that the market is trending. If it moves horizontally, it signals that the market is ranging.

Kijun-sen
Kijun-sen (基準線) calculation: (highest high + lowest low)/2 for the past 26 periods.

This is a confirmation line, a support/resistance line, and can be used as a trailing stop line. The Kijun Sen acts as an indicator of future price movement. If the price is higher than the blue line, it could continue to climb higher. If the price is below the blue line, it could keep dropping.