Ikoku Kairi Band PRO
- Indikatoren
- Takuma Shimizu
- Version: 1.10
- Aktivierungen: 10
What is Ikoku Kairi Band PRO?
Ikoku Kairi Band Pro is a more developed version of Ikoku Kairi Band. Like the free version, this indicator combines Kairi Relative Index with Bollinger Band. But additionally, it also uses Perfect Order Strategy filter, so it can be used both in a range market and in a trend market. You can use from 3 to 6 moving averages for the Perfect Order filter. The indicator will display arrow signals at possible entry points for buy and sell position. The buy entry arrow will appear only when the MA1> MA2> MA3, indicating an uptrend perfect order. The buy entry arrow will appear only when the MA3> MA2> MA1, indicating a downtrend perfect order.
The most important parameters for Ikoku Kairi Band are MA period, Bollinger Band period and divergence. To make it easier to adjust them quickly, they can be controlled through the buttons on the chart. Another parameter with this function is the Perfect Order filter, which can be switch on/off instantly to keep up with the changing market.Ikoku Kairi Band vs Ikoku Kairi Band PRO
| Ikoku Kairi Band | Ikoku Kairi Band PRO | |
|---|---|---|
Range market indicator | YES | YES |
| Trend market indicator | NO | YES |
| Display trade signals | YES | YES |
| Notifications | YES | YES |
| Amount of adjustable parameters | 3 | 22 |
| Quick parameter adjustment on the chart | NO | YES |
Parameters
Setting parameters can influence the accuracy of the trade signals. The more sensitive the indicator the more signal arrows appear , which also increases the risk of false signals. The less sensitive indicator will produce less but more accurate signals.
Kairi Band
Default_MA_Period
Kairi Relative Index measures the price deviation from the SMA. Choosing lower values of MA Period will result in a more choppy Kairi Index line, while higher values will produce a more gradual graph. The higher the value of the MA Period, the less sensitive the Kairi Relative Index becomes.
MA_Method & MA_Applied_Price
In the MA Method, you can select the Moving Average type used for Kairi Relative Index. In the MA Applied Price, you can choose which price will be used to calculate the moving average. These settings has a subtle influence on the Kairi Relative Index, but depending on the market, it might be beneficial to experiment with them.
MA_Period_Button_Value
This setting refers to the buttons placed on the chart to control the value of the MA period. You can decide how much the MA period value will change with each click of the button.
Bollinger_Band_Period
The changes of Bollinger Band Period in Ikoku Kairi Band will give similar results to classic Bollinger Band indicator. Lower values make the indicator more reactive increasing the sensitivity.
Bollinger_Band_Period_Button_Value
This setting refers to the buttons placed on the chart to control the value of the Bollinger Band period. You can decide how much the Bollinger Band period value will change with each click of the button.
Bollinger_Band_Deviation
The Bollinger Band in Ikoku Kairi Band help in identifying which Kairi Value is significantly high or low, indicating oversold or overbought markets. By setting up the lower value for the Bollinger Band Deviation, less of the Kairi Index will be contained within the bands, increasing the sensitivity of indicator.
Bollinger_Band_Deviation_Button_Value
This setting refers to the buttons placed on the chart to control the value of the Bollinger Band deviation. You can decide how much the Bollinger Band deviation value will change with each click of the button.
Perfect Order
Perfect Order is used to filter trade signals in a trend market. Here, you can choose if you want the PO filter to calculate based on 6 MA or 3 MA
PO_MA_Method & PO_MA_Applied_Price
The PO MA Method and Applied Price are setting for the moving averages that are used to calculate the Perfect Order.
MA1-MA6
In this setting, you can set the MA period for each of the moving averages. It is very important to set the lowest value for the M1 and highest for M6. Otherwise, the PO filter will not work correctly.
PO_Filter_Display
Here, you can set the display and visual attributes of the PO Filter.
Notifications
You can switch on/off the notifications which will be sent when a signal arrow appears.
Perfect Order Button
Here, you can set the display and visual attributes of the PO Filter button.
