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Senkou span A. Senkou span B. The lines therefore provide different but complementary information to provide an overall understanding of the market and a trend.
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Tenkan Sen red line This line is a moving average that displays the average value of the highest and lowest points on the graph over the past nine periods. Kijun Sen blue line It has the same function as the Tenkan Sen red linewith the difference that the periods taken into account are The Kijun Sen blue line is slightly slower than the Tenkan Sen red line due to the greater number of periods.
Chikou Span green line This line, often called Lagging Span, represents the current price, but it is shifted to the left by 26 periods. Senkou Span or the cloud Kumo orange lines The cloud Kumo is the indicated surface of white color on the photo and consists of two lines colored in orange.
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The first Senkou Span A line is the current average of the highs and lows of the Tenkan Sen red line and Kijun Sen blue lineshifted by 26 periods to the right at the top.
The second Senkou Span B line displays the midpoint between the highest point and the lowest point of the graph for 52 periods.
This line is also moved with 26 periods to the right, like the other line in the cloud. Using the cloud Kumo to determine the trend: When prices are above the cloud, the trend is upward.
Before we can look at this strategy, we must first look at the components of the Kumo. In this article, we refer them to as Span A and Span B respectively. Span A is created through adding the Tenkan Line to the Kijun Line, then finding their average and plotting it 26 time periods ahead. Span B is formed by adding the highest high over the last 52 periods to the corresponding lowest low, then finding their average and plotting the result 26 periods ahead.
Trading robot ishimoku prices are below the cloud, the trend is downward. Of course, this is only a brief explanation of how Ichimoku works, you will find on the internet much more precise tutorials as well as Ichimoku videos on Youtube.
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Kryll Already ranked as the best crypto trading bot in our trading robot ishimoku, Kryll allows you to create a trading strategy based on Ichimoku.
Kryll is one of the leaders in automated crypto trading, trading robot ishimoku the advantage of offering an interface and crypto bots in english and other languages, as well as free technical support. When you want to create an Ichimoku strategy, there is therefore a dedicated section in the interface trading robot ishimoku allows you to configure your Ichimoku trading with the corresponding indicators and lines.
With this Ichimoku software, a trader will be able to create, for example, a Ichimoku cloud bitcoin strategy. A complete Ichimoku interface to meet the expectations of traders who like this technical analysis indicator increasingly used in trading Bitcoin BTC and cryptocurrencies.
The advantage is that you can have a ready-to-use crypto or Bitcoin trading strategy and install it in a few clicks on your account to launch it immediately.
Kryll also has a mobile app on iOS and Android.
If you want to test the Kryll interface and create an Ichimoku trading strategy, tests and backtests are free and unlimited. You just need to open a free account: Click here. Cryptohopper This is another crypto bot which has the Ichimoku token rules on its interface and which therefore makes it possible to create a trading strategy based on the Ichimoku cloud and its lines of reference.
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Launched inCryptohopper is an automated crypto trading platform well known by professional traders A professional interface that allows you to create automated trading strategies thanks to Cryptohopper trading bots and Bitcoin robots. Once your account created, you will therefore have access to the various Cryptohopper options and the Ichimoku cloud indicators. There is a Cryptohopper marketplace where you will find trading strategies offered by professional traders that you can buy if you want to use them on your account in copy trading.
Cryptohopper has a mobile app on iOS and Android. Opening a cryptohopper account is free, if you want to test Ichimoku trading: Click here.
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These two automated trading platforms therefore offer both pro traders and beginners to create trading strategies based on the Ichimoku cloud and its complementary lines.
Kryll offers a very easy to use platform and has the advantage of offering free technical support and unlimited free test. You can also try Cryptohopper which is a serious platform, and then make your choice on the Ichimoku bot which suits you best.