Ichimoku Entry Historical Data Export

CSV Ichimoku Entry Historical Data Export
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The Ichimoku Oscillator is a technical indicator derived from the Ichimoku Kinko Hyo system, designed to measure market momentum and trend strength. It is typically calculated as the difference between the Tenkan-sen (Conversion Line) and the Kijun-sen (Base Line).
Key Aspects:
1. Momentum Measurement:
• A positive value suggests that the short-term trend (Tenkan-sen) is stronger than the medium-term trend (Kijun-sen), indicating bullish momentum.
• A negative value indicates that the short-term trend is weaker than the medium-term trend, signaling bearish momentum.
2. Trend Confirmation & Reversals:
• When the Ichimoku Oscillator crosses above zero, it may indicate a bullish signal.
• When it crosses below zero, it may signal a bearish trend.
3. Divergence Analysis:
• If the price is making new highs while the oscillator is declining, it could indicate a potential reversal.
• If the price is making new lows while the oscillator is rising, it could signal a possible bullish reversal.
4. Integration with Other Indicators:
• Traders often combine it with other Ichimoku components (e.g., Cloud (Kumo), Chikou Span) for more comprehensive analysis.
• It can also be used alongside volume indicators or RSI to confirm momentum shifts.