Fukuiz Octa-EMA + Ichimoku

2022년 3월 27일

This indicator base on EMA of 8 different period and Ichimoku Cloud.

#A brief introduction to Ichimoku #

The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.

#A brief introduction to EMA#
An exponential moving average (EMA) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average. An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average (SMA), which applies an equal weight to all observations in the period.

I combine this together to help you reduce the false signals in Ichimoku.

#How to use#
EMA (Color) = Bullish trend
EMA (Gray) = Bearish trend

#Buy condition#
Buy = All Ema(color) above the cloud.
#Sell condition#
SELL= All Ema turn to gray color.

2022년 3월 28일

릴리즈 노트

Add alert condition

2022년 3월 28일

릴리즈 노트

Minor fix
-Edit alert condition

2022년 3월 28일

릴리즈 노트

Minor Fix
-Add Buy/Sell Signal.
-Edit Alert Condition.

2022년 3월 28일

릴리즈 노트

-Fix Buy Alert

2022년 4월 24일

릴리즈 노트

Update
-Add EMA 50/100//200
-Add new alert