this index gives signs when that that the stochastic lines cross at the direction of the trend, which is determined by the position of the price relative to the Ichimoku cloud.

Good results are obtained on the default parameters if you set the Ichimoku cloud timeframe one level higher than the current one. For example, you set the indicator on a chart with a timeframe of M1, and set the cloud TF (parameter “Timeframe of Ichimoku Cloud”) to M5. On the chart M30, TF clouds put H1, etc.

The parameters of the Stochastic

• K Period – The period for calculating the %K stochastic line.
• D Period – The averaging period for calculating the %D line.
• Slowing – The deceleration value.
• BUY-signal if Stochastic below this level-a buy signal occurs only if the stochastic is below this level
• SELL-signal if Stochastic above this level-a sell signal occurs only if the stochastic is above this level
• BUY – the bullish bar only; SELL – the bear bar only-if = true, the signal bar should be bullish when buying and bearish when selling.

The parameters of Ichimoku cloud

• Tenkan-sen – The Tenkan Sen averaging period.
• Kijun-sen – Kijun Sen averaging period.
• Senkou Span B – The Senkou Span B averaging period.
• Shift TF of Ichimoku relative to the current TF ( >0, <0, =0 ) – Offset of the Ichimoku cloud timeframe relative to the current TF (can be =0, >0, <0). A value of 1 means 1 timeframe older, 2 means 2 timeframes older. A value of -1 means a timeframe less than the current one for 1 period, etc. For example, if the current period is M15, then at an offset of 1, the indicator will show Ichimoku cloud data on M30, and at an offset of -1, the indicator will show cloud data on M5.
• Up Kumo color – the color of the Ichimoku cloud when trending up (Senkou Span A is higher than Senkou Span B).
• Down Kumo color – the color of the Ichimoku cloud when trending down (Senkou Span A is lower than Senkou Span B).

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The block of parameters of the trend indicator (arrow in the upper right corner)

• ON/OFF-Draw the arrow of the trend – enable / disable the trend pointer
• Color of Up-trend – the color of the arrow in a bullish trend
• Color of Down-trend – color of the arrow in a bearish trend
• Color of flat (no signal) – color of the arrow in the flat (price in the Ichimoku cloud – no signals)

Block of notifications and sound settings

• ON/OFF-Sound when the signal is turned on / off
• File name of sound (signal is already generated) – the name of the sound file played on the already generated signal (closed bar)
• File name of sound (possible signal) – name of the audio file played on the probable signal (current bar)
• ON/OFF-Alert – on/off messages in the terminal when signals occur
• ON/OFF-Mail – on / off sending messages to email
• ON/OFF-Push – on / off sending push messages to mobile devices

Reverse signal/ early exit button block

• ON/OFF-Reverse signal button-on / off display of the button for enabling the early exit signal
• Chart corner for button – the corner of the chart relative to which the button is displayed
• X coordinate – the X coordinate (in pixels) for displaying the button
• Y coordinate – the Y coordinate (in pixels)
• File name of sound (reverse signal) – name of the audio file played on the reverse signal

You can try the demo version of the indicator here.

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