Indicator Alternative Ichimoku was developed as an alternative to the famous indicator Ichimoku Kinko Hyo. To predict prices, it is better to use a time frame and indicators - Ichimoku Kinko Hyo and Alternative Ichimoku, and get a very accurate forecast. The indicator was developed as a tool for the job not by actions, but with the major currency pairs. Here pattern profiles for currency pairs, used by the author:
Couple Time SSP SSK
EURGBP 4H 44 38
CADCHF 4H 62 52
CADJPY 4H 48 36
GBPUSD 4H 44 36
GBPCHF 4H 34 29
GBPJPY 4H 36 29
EURUSD 4H 34 34
EURCHF 4H 72 50
EURJPY 4H 72 36
USDCAD 4H 24 60
USDCHF 4H 34 29
USDJPY 4H 34 29
The main difference from the Ichimoku Kinko Hyo consists in shorter periods of indicator calculation. This allows considering currency entering the cloud as the action of a signal, not a categorical assertion of the pivot or trend end.
Common indicators' values:
The location of the prices above or below the cloud indicates the existence of this trend. Enter the cloud is the action of a signal. Prices "in the cloud is going flat.
Difference of indicators:
The alternative does not have Kijun and Tenkan, but inside the cloud has visited row line shows the level necessary to set the current stops. Pass this line are considered changes in trade direction. For the calculation of stop-loss and profit levels in the upper left corner we see the value of the current instability - the size of the corridor in which the current price changes. The volatility is calculated as the difference between a maximum of double the calculated minimum period and calculated the double period.
On March 26, 2007
Added new version of the indicator Alternative_Ichimoku_v06. The sixth edition includes changes to display the indicator line. Now the line does not hide the candlesticks or bars, if the "pattern on top" is enabled. New parameters of the monetary change "report period". This simplifies the process of approaching assessment orders stop when making a decision to open an order.
On April 9, 2007.
Added new version of the indicator Alternative_Ichimoku_v07. The seventh edition includes an optional possibility of building a middle line in Ichimoku cloud. If you want to see, change false to true. Crossing the center line and the stop-line for me is like the passage of Kinjun and Tenkan. But four lines of different functionality into one indicator too. That is why the middle line is not mandatory.
related articles
Alternative Ichimoku Indicator - MT4 - Forex: Forex Forum ...
Added a new version of the indicator Alternative_Ichimoku_v07. The seventh version ... Alternative_Ichimoku_v07.mq4 (6.0 KB, 8 views) Alternative_Ichimoku_v06.mq4 (5.6 ...
www.forexfocusdaily.com
Ichimoku - Page 23 - Forex-TSD
Alternative_Ichimoku_v07X_mtf.mq4 Alternative Ichimoku - MQL4 Code ... new version of the indicator Alternative_Ichimoku_v07. ... Downloads. Indicators - Metatrader 4 ...
www.forex-tsd.com
Modify entry of an ea - MQL4 forum
... help me modify entry logic of alternative ichimoku ea? ... Alternative_Ichimoku_v07.mq4 (6.01 KB) Alternative_IchimokulEA ... MetaTrader 4 Tour | Download ...
forum.mql4.com
1000 indicators (part 1) - Indicator - MT 4 - File Catalog ...
Alternative_Ichimoku_v07.mq4 altMA.mq4 AltrTrend.mq4 AltrTrend_Signal_v2_2(2).mq4 ... Views: 1583 | Downloads: 297 | Comments: 4 | Rating: 3.4 / 5
forexsystems.ucoz.com
FOREX INDICATORS
Alternative_Ichimoku_v07.mq4 ... Download FREE here: ... If you think fx1618.com is cool and want to ...
fx1618.com
Is there an Alternative Ichimoku Ea around? @ Forex Factory
Is there an Alternative Ichimoku Ea around? Platform Tech ... Alternative_Ichimoku_v07.mq4 (6.0 KB, 116 views)
www.forexfactory.com
FX with MT4 [MT4 Indicator images 23] - +++ Abysse +++
Click here if you cannot download the indicator successfully. | ... Alternative_Ichimoku_v06.mq4. Alternative_Ichimoku_v07.mq4. AMA_&_AMA_sig.mq4
www.abysse.co.jp
Expert Advisor Library | DowntownForex - Downtown Forex ...
Alternative_Ichimoku_v06.mq4 Alternative_Ichimoku_v07.mq4 altMA.mq4 AltrTrend.mq4 AltrTrend1.mq4 AltrTrend2.mq4 AltrTrend3.mq4 AltrTrend_Signal_v2_2(2).mq4
www.downtownforex.com
Trade Updates: 15mn Scalping example with Alternative Ichimoku
This is my First Live Trade that I’ve taken by using Alternative Ichimoku System ... Omar, download the v07 from http://codebase.mql4.com/en/1467. I’m not sure what you ...
www.ichi360.com
other posts
- gann angles indicator mt4
- fx smooth indicator forex download
- trendwave mq4 forex indicator
- kelly s cycle turn points mq4
- gann hilo v2 mt4
