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MTF Kijun

4

The indicator plots higher timeframe Kijun-sen (of Ichimoku) on lower timeframes.


To change timeframes, in the timeframe field enter the number:


M1    PERIOD_M1 1 1 minute.
M5    PERIOD_M5 5 5 minutes.
M15  PERIOD_M15 15 15 minutes.
M30  PERIOD_M30 30 30 minutes.
H1    PERIOD_H1 60 1 hour.
H4    PERIOD_H4 240 4 hour.
D1    PERIOD_D1 1440 Daily.
W1   PERIOD_W1 10080 Weekly.
MN1  PERIOD_MN1 43200 Monthly.


By default, the Kijun is shifted 3 periods forward but if you wish to have it exactly as in standard Ichimoku set shift to 0.  Line width can be changed. To tell apart, I suggest to have the thicker Kijun lines the higher the timeframe Kijun you plot. You can plot Kijuns from every timeframe. This basically creates MTF Ichimoku straight on chart as KIjun is the main component of Ichimoku. When price crosses Kijun sen it is typically a trade signal. Kijun sen acts as dynamic support and resistance.


On my opinion it is one of the best MTF tools.

Reviews 1
lloydxl
104
lloydxl 2021.08.21 00:39 
 

Really helpful in identifying trends and staying with the trend. Very good if you are patient.

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Introducing   Quantum Trend Sniper Indicator , the groundbreaking MQL5 Indicator that's transforming the way you identify and trade trend reversals! Developed by a team of experienced traders with trading experience of over 13 years,   Quantum Trend Sniper Indicator   is designed to propel your trading journey to new heights with its innovative way of identifying trend reversals with extremely high accuracy. ***Buy Quantum Trend Sniper Indicator and you could get Quantum Breakout Indicator fo
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Master Candle (MC) Indicator automatically detects "Master Candles", also known as "Mother Candles", i.e. candle that engulf several candles that follow them. See screenshots. You can choose how many candles Master Candle should engulf. By default it is set to 4. Feel free to change colour and thickness of lines as it suites you. I find this indicator to be very useful to identify congestions and breakouts, especially on 60 minutes charts. Usually if you see candle closing above or below "Mast
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This indicator (translated from the Japanese source) automatically identifies authentic Japanese candlepatterns (Japanese Sakata Gohou rules) and displays with arrows the following Japanese candlestick patterns: BEARISH AND BULLISH ENGULFING CANDLES (known as Tsutsumi in Japanese) BULLISH THREE WHITE SOLDIERS BEARISH THREE BLACK CROWS BEARISH EVENING STARS BULLISH MORNING STARS THREE LINES THREE INSIDE DOWN (marks with a box) THREE INSIDE UP (marks with a box) You can switch off or on to hav
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This tool is known as the Hurst Channel  or Hurst Bands . At first sight, it might resemble the  Bollinger Bands  because it consist of three bands, upper, lower and middle band.  So how do you trade this? If the asset is in a downtrend , you will see lower highs . If these lower highs retrace up to the upper band, you go with the main trend and take a sell. If you are in an uptrend , you should see higher lows that bounce off of the lower band. Stay concentrated on the highs and lows! For tar
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lloydxl
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lloydxl 2021.08.21 00:39 
 

Really helpful in identifying trends and staying with the trend. Very good if you are patient.

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