Ichimotor’s trending custom indicator combines Ichimoku Cloud and Alligator
- Trend-tracking indicator
- Does not redraw
- No false alarms
- Works on all timeframes
- It is applicable for working with Forex pairs, indices and stocks
- Show Indicator after Testing: the meter should display after the test, True/False
- Sound an alert: Use sound alerts, True/False
- Send an email: Send email notifications, True/False
- Send a notification: Send push notifications, True/False
- Signals are generated when Alligator and Ichimoku Cloud intersect
- Thick green up arrows – buy
- Thick red down arrows – for sale
- Thick green up arrows – buy
- Thick red down arrows – for sale
- Check the trend using the intersection of Senkou Span A and Senkou Span B
- Uptrend: Senkou Span A is above Senkou Span B
- Downtrend: Senkou Span A is below Senkou Span B
- Buy: when the green arrow appears in an uptrend
- Sell: when the red arrow appears in a downtrend
- Green arrows in a downtrend: ignore / do not perform actions
- Red arrows in an uptrend: ignore / do not perform actions
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- Uptrend: Senkou Span A is above Senkou Span B
- Downtrend: Senkou Span A is below Senkou Span B
Take profit and stop loss
- Take profit: profit should be fixed when
- A green arrow appears in the Sell: position
- In the Buy position: a red arrow appears
- Stop loss:
- For the Buy position: the red arrow appears
- For the Sell position: green arrow appears
- A green arrow appears in the Sell: position
- In the Buy position: a red arrow appears
- For the Buy position: the red arrow appears
- For the Sell position: green arrow appears
Timeframe:
- Works on all timeframes
- Recommended timeframe for intraday trading: M1, M5
- Recommended timeframe for position trading: H1, H4
Money management
- If you receive losses, you can use Martingale
Attention
- Do not trade when both the Senkou Span A and Senkou Span B lines are flat
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