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IChimuko cloud Scanner

Description of the Ichimoku Cloud Scanner 

The Ichimoku Cloud Scanner is an advanced MetaTrader 5 (MT5) custom indicator designed to monitor the Ichimoku Cloud system across multiple timeframes and provide visual and audible alerts based on the price's position relative to the Ichimoku Cloud. Here's a detailed description of its features and functionalities:

Features:

  1. Ichimoku Cloud Calculation:

    • Utilizes the Ichimoku Cloud indicator, which consists of five components: Tenkan-sen (Conversion Line), Kijun-sen (Base Line), Senkou Span A (Leading Span A), Senkou Span B (Leading Span B), and Chikou Span (Lagging Line).
    • The indicator is configured with customizable periods for Tenkan-sen, Kijun-sen, and Senkou Span B, along with a shift parameter for Senkou Span.

  2. Multiple Timeframes:

    • The scanner supports a range of default and custom timeframes.
    • Default Timeframes: M1, M5, M15, M30, H1, H4, D1, W1, MN1.
    • Custom Timeframes: M3, M10, M12, M20, H2, H3, H6, H8, H12.
    • Users can enable or disable each timeframe individually via input parameters.

  3. Dashboard Display:

    • Displays the status of each selected timeframe in a dashboard format on the chart.
    • The status indicates whether the price is "Above Cloud", "Below Cloud", or "Inside Cloud".

  4. Alerts:

    • Provides configurable alerts based on the price crossing above or below the Ichimoku Cloud.
    • Alerts are triggered only once per crossing event to prevent repetitive notifications.
    • The alert mechanism ensures that users are notified when a significant change occurs, such as:
      • Bullish Alert: When the price crosses above the cloud from below.
      • Bearish Alert: When the price crosses below the cloud from above.
    • The alert interval is configurable to avoid excessive notifications.

  5. Customizable Parameters:

    • Users can adjust the following parameters:
      • Ichimoku Periods: Tenkan-sen, Kijun-sen, and Senkou Span B periods.
      • Alerts: Enable/disable alerts and set the alert interval (in seconds).
      • Timeframes: Choose which timeframes to display by default or as custom options.

  6. User Interface:

    • The dashboard updates dynamically to reflect the status of each timeframe.
    • The status for each timeframe is updated in real-time, allowing users to quickly gauge market conditions across multiple timeframes.

Usage:

To use the Ichimoku Cloud Scanner, simply attach the indicator to a chart in MT5 and configure the input parameters according to your preferences. The dashboard will display the Ichimoku Cloud status for the selected timeframes, and alerts will be triggered based on the crossing conditions.

This indicator is particularly useful for traders who wish to monitor Ichimoku Cloud conditions across various timeframes and receive timely alerts for trading signals based on the cloud's dynamics.


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PZ TRADING SLU
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TD Sequential Scannerr
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Indicatori
This new version includes all MT5 timeframes (M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1 & MN1). The TD count for each timeframe is displayed on the top left corner. You don't need to do analysis anymore, as the scanner does all the analysis and updates every 1 second, allowing users to see real-time data for informed decision-making. Alerts are set on by default (can be turned off), which notifies users at the completion of every TD9. If you need a sca
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George Njau Ngugi
Experts
Overview The TD Sequential EA is a sophisticated automated trading system designed to capitalize on the TD Sequential indicator, developed by Tom DeMark. This EA identifies trading opportunities based on TD Sequential setups and executes trades with predefined risk management parameters. It offers a clean and customizable chart appearance and allows users to set their own lot sizes and other trading parameters. Key Features Automated Trading : Executes buy and sell orders based on TD Sequential
TDSequential Scanner
George Njau Ngugi
Indicatori
To access the TD sequential Scanner for MT5, please check https://www.mql5.com/en/market/product/123369?source=Site +Market+My+Products+Page. One of the MT5 versions includes additional timeframes such as M1, M2, M3,H2,H6,H8 and so on.( https://www.mql5.com/en/market/product/123367?source=Site +Market+My+Products+Page) TD Sequential Scanner: An Overview The TD Sequential scanner is a powerful technical analysis tool designed to identify potential price exhaustion points and trend reversals in fi
MT5 TD Sequential Scanner
George Njau Ngugi
Indicatori
TD Sequential Scanner: An Overview The TD Sequential scanner is a powerful technical analysis tool designed to identify potential price exhaustion points and trend reversals in financial markets. Developed by Tom DeMark, this method is widely used by traders to gauge market cycles and potential turning points with precision. How It Works: Sequential Count:   The core of the TD Sequential indicator is its sequential counting mechanism. The scanner identifies a sequence of price bars where each ba
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Versione 1.4 2024.09.22
Timeframe Selection and Handling
Multiple Timeframes Support: The code allows you to scan multiple timeframes by dynamically adjusting the selected timeframes and looping through each timeframe to check its Ichimoku status.

Custom Timeframes: You can still select custom timeframes (e.g., M3, H6) along with default ones. The Timeframes[] array handles them, and ArrayResize() adjusts the size of the array based on selected timeframes.

3. Ichimoku Cloud Status Calculation
Ichimoku Indicator Data: For each selected timeframe, the code fetches the Ichimoku indicator values (Tenkan, Kijun, SenkouSpanA, SenkouSpanB).

Price Comparison: The current price is compared to SenkouSpanA and SenkouSpanB to determine whether the price is:

Above the Cloud (Bullish)
Below the Cloud (Bearish)
Inside the Cloud (Neutral)
4. Dashboard Display
Status Text Generation: For each timeframe, the code generates a status (Above, Below, or Inside Cloud) and stores it in the TimeframeStatus[] array.

Comment Display: The DrawDashboard() function builds a string with the status of each timeframe and uses the Comment() function to display the data on the chart. This serves as the visual dashboard.

5. Error Handling
Error Messages: If the code fails to retrieve Ichimoku data for any timeframe (due to an invalid handle or data copy failure), an "Error" message is displayed next to the affected timeframe.

Error Logging: The Print() statements log failures to the MetaTrader journal, so you can track the specific timeframe causing an issue.

6. On-Timer Updates
Regular Updates: We use EventSetTimer(60) to trigger the OnTimer() event every 60 seconds. This ensures that the dashboard is regularly updated with the latest Ichimoku data.