I’ve been working on this Ichimoku Indicator since few days and just thought to share my first version with you guys.
The basic idea is to not only display the valuable Ichimoku Values on top-left hand side of screen (such as Tenkan and Kijun values etc) but also to show an Alert box when Buy / Sell Signals are generated. Here is the list of features:
Available in current version
1. Tenkan Sen – Kijun Sen cross each other
2. Chikou Span crosses the Candles
3. Tenkan-Sen/Kijun-Sen Bias
4. Kumo Cloud Bias
5. Price Bias (whether its above or below Kumo)
6. Alerts when Tenkan-Sen/Kijun-Sen Cross each other or Chikou Span crosses Price Candles
Working on for future versions
1. Kumo Cloud Resistance
2. Kumo Cloud Support
3. Other S/R levels such as Tenkan or Kijun Sen
4. S/R for Chikou Span
5. Kijun Sen turned flat for quite sometime
6. Buy and Sell suggestions depending on the strength of Ichimoku values, such as Tenkan Kijun cross above the Cloud makes it a very strong Bullish Signal
Any feedback is welcome …
Cheers and Good luck,
Asher
http://www.ichi360.com/