๐ง What Is Ichimoku and Why Use TIS_Ichimoku for Smarter Trading?
In the world of technical analysis, few tools offer as much market context at a glance as the Ichimoku Kinko Hyo system. Developed in Japan in the 1930s, Ichimoku is more than just an indicator—it's a complete framework for identifying trends, momentum, and high-probability trade opportunities.
But while powerful, the traditional Ichimoku setup can be visually overwhelming and challenging to automate. That’s where TIS_Ichimoku comes in.
๐ What Is Ichimoku Kinko Hyo?
Ichimoku is a multi-component indicator that plots five lines on the chart, providing immediate insight into:
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✅ Trend direction
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⏱ Momentum strength
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๐ Potential entry and exit zones
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⚠️ Support and resistance levels
This makes it particularly valuable for traders who follow trends or trade breakouts.
๐ Breakdown of the Core Components
Each part of Ichimoku serves a strategic purpose:
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Tenkan-sen (Conversion Line):
Reflects short-term momentum (typically 9-period average) -
Kijun-sen (Base Line):
Represents the medium-term trend (usually 26-period average) -
Chikou Span (Lagging Line):
Plots current price shifted backward for historical context -
Senkou Span A & B (Cloud Lines):
These form the Kumo (cloud), a dynamic zone of support and resistance.
Price above the cloud = bullish trend.
Price below = bearish.
Inside the cloud = uncertainty. ⚙️ Why Use TIS_Ichimoku?
The traditional Ichimoku can be powerful—but it can also be noisy, complex, and difficult to integrate into automated systems. TIS_Ichimoku, developed by The Indicator Store, is a modern, lightweight implementation that keeps what matters and removes what doesn't.
✅ Built for real-time trading
Our version focuses on the Tenkan/Kijun crossovers—considered one of the most effective signals in the Ichimoku system.
✅ Generates actionable Buy and Sell signals
Unlike standard Ichimoku indicators, TIS_Ichimoku comes with clearly defined BUY and SELL plots, making it ideal for traders who want to respond to signals quickly—or automate them completely.
✅ Ready for full automation
Compatible with Strategy Builder, Markers 2025, and NinjaScript, the signals can be used immediately in NinjaTrader 8, with no coding required.
✅ Clean, uncluttered chart
By removing unnecessary visual elements, it helps you focus on price action, trend structure, and high-quality entries.
๐ Example Use Case
Imagine you're running a trend-following strategy:
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A bullish Tenkan/Kijun crossover is detected → BUY signal is plotted
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Combine it with confirmation from price structure (e.g., price above Kumo)
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You can trigger an automated entry directly using Markers, without writing a single line of code
This makes TIS_Ichimoku not just an indicator, but a ready-to-deploy signal engine for your strategy.
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