Ichi's Indicator
Purchase Here: whop.com/ichis-trading-place/ichis-indicator/
🧠 Trade With A+ R/R Always Size Appropriately
🟢 Green Arrow UP = Bullish
🔴 Red Arrow Down = Bearish
❌ End Previous Signal (Bear or Bull)
➡️ Yellow X's That Don't Change Ribbon Color Are Not Signals To Exit.
➡️ Yellow X's Are Overbought Oversold Signals. Chop Can Occur Here.
🎯 Best Use Case
✅ Capture more of the move. Exit before the drops.
✅ 1-5 Minute - Scalps (1,3,5 minute best)
✅ 1-8 Hour - Swings (1, 3, 8 hour best)
✅ 2-4 Day - Long term (2, 3, 4, 7 day best)
✔ Any Timeframe (Lower for Entries / Higher for Trends)
✔ Momentum Scalping
✔ Trend Continuation/Verification
✔ Any Asset Class
--------------------
✋ Yellow Ribbon Areas = Indecision in the market
❓ Expect chop after a good trend and a yellow band appears.
❓ Trade with caution / wait for confirmation
❓ Back to back signals will be present in these areas
🧠 How the Logic Works
✅ Uses RSI + MFI alignment to confirm momentum
✅ Requires price confirmation (EMA-based)
✅ Filters weak moves using momentum strength
✅ Detects trend exhaustion (not just time-based exits)
✅ Uses ATR-based dynamic ribbon that moves with price
✅ No repainting
✅ Clean entry & exit logic
--------------------
📈 Bullish Entry Conditions
🟢 RSI + MFI rising
🟢 Momentum expansion
🟢 Price above EMA
🟢 Strength confirmation (no fake breakouts)
➡️ Displays a green triangle when a valid long trend starts
--------------------
📉 Bearish Entry Conditions
🔴 RSI + MFI falling
🔴 Momentum acceleration down
🔴 Price below EMA
🔴 Weakness confirmation
➡️ Displays a red triangle when a short trend starts
--------------------
❌ Exit Logic (Very Important)
⛔ Yellow Bands = Chop Likely
⛔ Momentum fades
⛔ RSI loses strength
⛔ ATR contracts (trend exhaustion)
➡️ Shows an ❌ exit marker
Indicator is no guarantee of profit. Nothing can be 100% accurate all the time. This tool will help you in many ways with your trading. Staying in a trade longer and cutting losses early are the main 2 aspects of this indicator that will help you make and keep more money! Trade with more confidence with Ichi's Indicator.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Ichi-TP directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Ichi-TP directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.