This Ichimoku Kinko-Hyo is an indicator which has been changed for short-term trading and, It has a “target price theory(one of three theory of Ichimoku Kinko-Hyo) function.”
Also, In this indicator, It can be plotting the “Span model”, “Super Bollinger Bands” which has Invented by a Japanese currency dealer Toshihiko Masaki, And Moving Average.
In addition, you can select setting only “clouds” and “Lagging span” or displaying Default Ichimoku Kinko-Hyo.
This indicator is modified original Ichimoku Kinko-Hyo, but It made based on the true usage of Ichimoku Kinko-Hyo.
For the evidence, I referred to the book supervised by Ichimoku-Sanjin the third generation.
Describe below about features↓↓↓.
- 2nd Cloud to check relation two Lead Lines and Lagging span.
- Background-color for discovering “Three Roles Improvement (In Japanese: 三役好転)” and “Three Roles Reversal (In Japanese: 三役逆転)”.
- Signal of Crossing Base Line and Conversion Line.
- mode selection of Ichimoku Kinko Hyo.
- Calculation feature for Target Price theory.
- A switch to replace Base Line and Conversion Line with 3 Moving Average lines.
- And others...