What does Ichimoku Kinkō Hyō entail and what advantages can I expect from downloading the Ichimoku Cloud?
By downloading the Ichimoku Indicator, you gain access to an essential technical analysis tool that is indispensable for traders, regardless of their expertise level. Whether you are a seasoned professional or a beginner, the Ichimoku Cloud stands out as one of the top trend indicators for those using NinjaTrader 8.
Originating in Japan during the late 1960s as the "Ichimoku Kinkō Hyō," which can be roughly translated as the "one look equilibrium chart," this indicator empowers traders to effortlessly identify support and resistance levels, gauge momentum, and determine trend directions.
Although the Ichimoku Cloud may initially appear more complex to interpret compared to standard plots, most users quickly become reliant on it after a brief adjustment period. The NinjaTrader 8 Ichimoku Cloud becomes an indispensable tool in their trading arsenal, facilitating informed decision-making and maximizing trading potential.
Premium Ichimoku Cloud Indicator Download for our NinjaTrader App
Take advantage of the opportunity to download the Ichimoku Indicator by Devside Trading for NinjaTrader 8 today! This highly sought-after indicator is offered in three distinct packages, each tailored with unique features to suit your trading needs. These packages include diverse alerts, markers, and trend direction indicators, providing you with comprehensive options to enhance your trading experience.
Explore the details and features of our Ichimoku Cloud indicator at a glance, allowing you to quickly assess its capabilities and find the package that best aligns with your requirements. Don't miss out on this opportunity to elevate your trading strategies and gain an edge in the market. Download the Ichimoku Indicator now and unlock its full potential for NinjaTrader 8.
✅ Basic features
✅ Support & resistance levels
✅ Momentum & trend directions
✅ Adds plot to candlestick charts
✅ For futures, forex & equities trading
✅ Fitting experienced & new traders
✅ Fully compatible with NinjaTrader 8
✅ Premium features
✅ Arrow markers on trend change
✅ Trend signals for the following states: Up Trend = 1 and down trend = -1
✅ Sound Alerts: Set sound alerts for trend changes
✅ Email Alerts: Receive alerts via Mail for trend changes
✅ PopUp Alerts: Display alerts as popup window for trend changes
✅ Push Alerts: Receive alerts for trend changes directly on your phone with our free Trado Alerts app available on the App Store and Play Store.
❌ Superior features not included
❌ Future Plotting: The indicator will not plot into the future
❌ Plot smoothing: There is no integrated plot smoothing
❌ Bar coloring: You can't enable bar coloring for down and up trends
❌ Cloud Displacement: You can't project the cloud into the future
Please note: If you want the superior features, take a look at our superior version.
❌ Plot smoothing: Select from 1 of top 9 moving averages to smooth the Ichimoku Cloud plots
❌ Bar coloring: Enables bar coloring for down and up trends
❌ Cloud Displacement: setting for projecting the cloud into the future
Please note : Due to NinjaTrader limitations the data box does not show the values for the future plot of the cloud.
Our indicator, the Ichimoku Indicator, goes beyond its initial purpose of forex trading. It offers the unique advantage of enabling trading with futures and equities as well. This versatility allows traders to explore and diversify their trading strategies across different markets.
A significant aspect of traders' routines involves conducting technical analysis on candlestick charts. With the NinjaTrader 8 Ichimoku Cloud, this process becomes more efficient and time-saving. The indicator visually presents averages in a readable plot, facilitating data interpretation and assisting in forecasting future price movements.
Harness the Potential of the Ichimoku Chart: Going beyond simple lines
Different than other Ninja Trader indicators , the Ichimoku Kinkō Hyō shows you more than just one line. Within the Ichimoku Chart you find:
- Tenkan Sr
- Kijun Sr
- Senko Span A
- Senko Span B
- Chiko span
By downloading the Ichimoku Indicator, you gain access to more than just a trend indicator that depicts directional changes. This is what sets the Ichimoku Kinkō Hyō apart and makes it truly exceptional: it provides not only momentum indicators but also measures the strength of trends. Consequently, the Ichimoku Cloud goes beyond a mere line on the chart. Traders can visually identify resistance zones and gain valuable insights from its comprehensive features.
The Tenkan Sen, or "conversion line," is a red-colored line in the Ichimoku Chart. It is calculated by averaging the highest high and lowest low prices over the past 9 periods, providing insights into short-term market momentum.
Translated as baseline, the Kijun Sen is calculated like the Tenkan Sen—but using the maximum high and low prices of the past 26 periods.
Senko Span A and Span B
The Senkō, meaning "future" in Japanese, consists of two spans that define the boundaries of the Ichimoku Cloud (Kumo): leading span A and leading span B.
Leading span A is calculated by averaging the Tenkan Sen and Kijun Sen values over the past 26 periods. The resulting average is then projected 26 days ahead, serving as one boundary.
For leading span B, the highest high and lowest low of the previous 52 days are averaged and projected 26 days ahead as well. This marks the second boundary of the Kumo, forming the Ichimoku Cloud on the chart.
Chikō span, also known as the lagging span, is showing today's closing price projected back 26 days on the chart. This span indicates trade signals for buying or selling.
Devside Trading: Download the Ichimoku Indicator and more for NinjaTrader
To access the full benefits of the Ichimoku Indicator Cloud Premium, simply add the indicator to your cart and proceed to check-out. Provide the required information, and select a secure payment method from our diverse options. Once the transaction is completed, you will receive a confirmation email containing an activation code. Use this code to safely download the Ichimoku Cloud and unlock its powerful features.
See also our Ichimoku Cloud Superior and Basic versions.
The Ichimoku Cloud Chart is often used in combination with the FREE Stochastic Momentum Index .
If you need assistance activating your purchased downloads or using the Ichimoku Indicator in our App, we're here to help. Check out our helpful guide about activating your product ! Want more? We also have an exciting NinjaTrader App and e-mail share service. We only collect your personal details if you voluntarily disclose them to us. This includes situations such as ordering an indicator or subscribing to our newsletter.
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