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AkmTradingTV

1CH1M0KU 8UY 53LL

AkmTradingTV  
Trend Analysis
14
0
trendanalysis
description:

green triangles: baseline up = buy, red triangles : below baseline = down: sell, red arrows: below conversion line =half sell, green arrows: institutional buy = addon ,blue labels: big volume = addon.

This Indicator is based on ichimoku but in modified manner. to understand ichimoku entry exit very easily.

don't have to look & analyze complex ichimoku lines, untick all ichimoku components, only activate shapes to ease out entry exit signal.

use Base Line as Stoploss. This provide nice Risk to Reward ratio more than 1:3.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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