Ichimoku Extension Indicator Guide

What is the Ichimoku Extension Indicator?

The Ichimoku Extension by Financial Tech Wiz is an advanced tool that builds upon the classic Ichimoku indicator. It enhances the clarity of Ichimoku signals, providing actionable insights for traders of all levels. This indicator simplifies interpreting Ichimoku signals and helps you make more informed trading decisions.

Key Features of the Ichimoku Extension Indicator

Automated Long and Short Signals

• Detects Tenkan-Kijun (TK) crossovers and automatically plots long and short signals directly on the chart, providing clear entry and exit points.

Extended Support and Resistance Levels

• Plots extended support (green) and resistance (red) levels on the chart, visually extending the classic Ichimoku levels for better decision-making.
• Displays the price values of these levels in the top-right corner of the chart, color-coded for quick reference.

Trend Identification with Linear Regression

• Incorporates a linear regression line that analyzes the overall trend direction, based on the slope of the Ichimoku cloud.
• The regression line is customizable to different periods, giving you a clear visualization of the broader market trend.

Customizable Settings

• Offers flexibility to adjust key parameters, such as the regression period, allowing the indicator to be tailored to various markets and trading strategies.

How to Access the Ichimoku Extension Indicator

Ready to elevate your trading? You can gain access to the Ichimoku Extension indicator and start improving your charting today. Simply subscribe here to get access and integrate this advanced tool into your TradingView charts.

Pricing

The Ichimoku Extension Indicator is included in the Financial Tech Wiz Premium subscription which provides the indicator, our full trading course, and access to our premium Discord community for just $19 per month.