Ichimoku Scanner is a multi-timeframe panel and alert that checks all timeframes for different conditions related to ichimoku indicator.

The Ichimoku indicator has 5 different lines, including Tenkan-sen, Kijun-sen, Senku Span A, Senku Span B and Chikou Span. This scanner examines the status of these lines compared to each other and gives alerts based on your selected conditions.

If you are using ichimoku kinko hyo in your trading strategy, this scanner and its alert and filtering system is a big time saver for you.

To see how ichimoku scanner indicator works please download the free DEMO version (working on GBPUSD and EURJPY symbols) from the bottom of the descriptions.

You can read the full description of indicator parameters in the help page.

Conditions:

This ichimoku scanner checks 13 different conditions that you can use their combinations to implement any type of ichimoku strategy in the chart. You can read about the following conditions in the indicator help page.

  • Tenkan Direction
  • Tenkan/Kijun Position
  • Tenkan/Kijun Cross
  • Price/Kijun Cross
  • Price/Cloud Position
  • Cloud Direction
  • Price leaves Cloud
  • Senkou A/B Cross
  • Senkou A/B Position
  • Chikou/Price Position
  • Chikou/Price Cross
  • Breakout from the last High/Low
  • Trend Pullback

How Ichimoku Scanner works

For example, you have the following conditions in your trading strategy that you want to receive alert when that condition are met in H4 to D1 timeframes.

To buy:

  • Chikou Span line is above price line
  • Price is above ichimoku cloud
  • Tenkan crosses above Kijun

To Sell:

  • Chikou Span line is below price line
  • Price is below ichimoku cloud
  • Tenkan crosses below Kijun

Now you just need to:

  1. Choose H4,H6,H8,H12,D1 timeframes in the indicator parameters.
  2. Enable related conditions in the indicator parameters.

If all 3 conditions occur simultaneously for any of the timeframes, you will receive alerts.

You can reverse any of the conditions in the parameters, for example if you want tenkan crossing below kijun for buy (and tenkan crossing above kijun for sell) simply reverse the condition in the settings.

Features:

  • For all above conditions you can reverse the condition in indicators setting. For example when price goes above the cloud, with reversing the condition indicator gives sell alert instead of buy alert.
  • You can minimize the panel by selecting the exact timeframes that you want to show on the panel.
  • You can select/unselect the conditions and timeframes that you want to receive alert for them from the indicator settings and also directly from the panel.
  • In the scanner settings, there are different filters for optimizing the conditions to get the best alerts for your strategy.
  • There are a full set of parameters for customizing the appearance of the panel.
  • You don't need to set conditions to buy and sell separately, indicator automatically considers the opposite conditions for them.

Different Alert Types:

  • Show Pop Up Alert: Show alert window when scanner alert triggers.
  • Send Push Notification: Send push notification to mobile phone when scanner alert triggers. (You should set metatrader notifications options)
  • Send Email: Send email when scanner alert triggers. (You should set metatrader email options)

Use the power of Ichimoku Scanner in your EAs:

This scanner has a fast and lightweight version (bridge) that you can use in the code of expert advisors and indicators to check different conditions of ichimoku indicator for all metatrader timeframes.

  • If you want to trade based on Ichimoku indicator in your trading strategy you can use the bridge in your expert advisor code (with iCustom function).
  • Bridge is included in the 1-year and lifetime licenses (not less than 1-year) of the scanner and it doesn't have time limit, when your 1-year license of the scanner expired, you still can use the bridge in your EAs.
  • You will receive a sample EA to see how to use the bridge in the expert advisor code.

 

If you have any questions, please ask in comments section. I'll do my best to answer your questions.

Satisfied with the demo version?

Buy it for 3-month, 1-year or lifetime use.

 

Metatrader 5 images:

Ichimoku Scanner
Ichimoku Scanner - Customizable Panel
Ichimoku Scanner - Alerts
Ichimoku Scanner - Panel Info
Ichimoku Scanner - Params 1
Ichimoku Scanner - Params 2
Ichimoku Scanner - Params 3
Ichimoku Scanner - Params 4

 

Metatrader 4 images:

Ichimoku Scanner
Ichimoku Scanner - Customizable Panel
Ichimoku Scanner - Alerts
Ichimoku Scanner - Panel Info
Ichimoku Scanner - Parameters 1
Ichimoku Scanner - Parameters 2
Ichimoku Scanner - Parameters 3
Ichimoku Scanner - Parameters 4

Comments (2)

This comment was minimized by the moderator on the site

did not work :-(

This comment was minimized by the moderator on the site

Hi, what didn't work?

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