The Ichimoku cloud is a collection of technical indicators that show support and resistance levels as well as trend direction and momentum. It does this by taking several averages and plotting them on a graph. It also uses these numbers to calculate a “cloud” that tries to predict where the price might find support or resistance in the future.

The Ichimoku cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. Although it looks complicated at first glance, those familiar with reading charts generally find it easy to understand with well-defined trading signals.


What strategies does Bottrex provide for this indicator?

  • Cloud is green: When Span B is above Span A.
  • Cloud is red: When Span B is below Span A.
  • Price above the cloud: When the price is greater than Span B and Span A.
  • Price below the cloud: When the price is less than Span B and Span A.
  • Price above Baseline: When the price is higher than Baseline.
  • Price below Baseline: When the price is less than Baseline.
  • Price above Conversion Line: When the price is higher than the Conversion Line.
  • Price below Conversion Line: When the price is less than the Conversion Line.
  • Conversion Line above Baseline: When Conversion Line is above Baseline.
  • Conversion Line below Baseline: When Conversion Line is below Baseline.
  • Ascending Crossing (conversion line with baseline): When there is an ascending crossing of the conversion line with the baseline.
  • Descending Crossing (conversion line with baseline): When there is a descending crossing of the conversion line with the baseline.
  • Cloud changed from red to green: When the cloud changes color from red to green.
  • Cloud changed from green to red: When the cloud changes color from green to red.


Configurable parameters: