Ichimoku Cloud with Cross & Squeeze Signal
Ichimoku cloud is one of my favorite indicators, but the traditional Ichimoku cloud indicator does not add cross signals and squeeze signals, so I added them for it.
In the Ichimoku cloud indicator, there are two cross signals worth watching:
1. Tenkan-sen crosses Kijun-sen
2. Leading Span A crosses Leading Span B
I mark the crossing signals of Tenkan-sen and Kijun-sen with a triangle symbol, a red triangle means crossunder, and a green triangle means crossover.
I also show the Leading Span A and Leading Span B cross signals, showing "Bull" crossing over and "Bear" crossing under.
Also, when the market is squeezed, I show it with a yellow candle, and my definition of a market squeeze is: Bollinger bands' bandwidth is less than a certain ATR.
So when you see a yellow candle, it means the Bollinger Bands' opening is very small and the market is in squeeze.
How to use this indicator?
1. When you see a yellow candle, it means that the market is being squeezed, and you can consider entering a trade.
2. Through the cross signals of Tenkan-sen and Kijun-sen and Leading Span A and Leading Span B, it can assist in judging whether to go long or short.
3.If the market is squeezing, you can observe that whether the price is above or below Tenkan-sen & Kijun-sen, go long if above, go short if below.
========== 中文說明 Chinese explanation ==========
Ichimoku cloud 是我很喜歡的指標之一，但是傳統 Ichimoku cloud 指標並沒有加上交叉訊號以及擠壓訊號，因此我替它加上去了。
在 Ichimoku cloud 指標中，有兩個值得關注的交叉訊號：
1. Tenkan-sen 與 Kijun-sen 交叉
2.Leading Span A 與 Leading Span B 交叉
我將 Tenkan-sen 與 Kijun-sen 的交叉訊號，用三角形符號標示出來，紅色三角形表示向下交叉，綠色三角形表示向上交叉。
我將Leading Span A 與 Leading Span B 交叉訊號也顯示出來，向上交叉顯示「Bull」，向下交叉顯示「Bear」。
另外，當市場擠壓時，我將它用黃色蠟燭顯示，我對於市場擠壓的定義是：布林帶小於特定的 ATR。
所以當你看到黃色蠟燭時，表示布林帶小於特定的ATR，此時市場正處於擠壓當中。
如何使用該指標？
1.看見黃色蠟燭的時候表示市場正在擠壓，這時可以考慮進行交易
2.透過 Tenkan-sen 與 Kijun-sen 以及 Leading Span A 與 Leading Span B的交叉訊號，可以輔助判斷做多或做空。
3.當市場擠壓時，我建議觀察價格是否在 Tenkan-sen 與 Kijun-sen 之上，價格在 Tenkan-sen 與 Kijun-sen 之上做多，在 Tenkan-sen 與 Kijun-sen 之下做空。
In the Ichimoku cloud indicator, there are two cross signals worth watching:
1. Tenkan-sen crosses Kijun-sen
2. Leading Span A crosses Leading Span B
I mark the crossing signals of Tenkan-sen and Kijun-sen with a triangle symbol, a red triangle means crossunder, and a green triangle means crossover.
I also show the Leading Span A and Leading Span B cross signals, showing "Bull" crossing over and "Bear" crossing under.
Also, when the market is squeezed, I show it with a yellow candle, and my definition of a market squeeze is: Bollinger bands' bandwidth is less than a certain ATR.
So when you see a yellow candle, it means the Bollinger Bands' opening is very small and the market is in squeeze.
How to use this indicator?
1. When you see a yellow candle, it means that the market is being squeezed, and you can consider entering a trade.
2. Through the cross signals of Tenkan-sen and Kijun-sen and Leading Span A and Leading Span B, it can assist in judging whether to go long or short.
3.If the market is squeezing, you can observe that whether the price is above or below Tenkan-sen & Kijun-sen, go long if above, go short if below.
========== 中文說明 Chinese explanation ==========
Ichimoku cloud 是我很喜歡的指標之一，但是傳統 Ichimoku cloud 指標並沒有加上交叉訊號以及擠壓訊號，因此我替它加上去了。
在 Ichimoku cloud 指標中，有兩個值得關注的交叉訊號：
1. Tenkan-sen 與 Kijun-sen 交叉
2.Leading Span A 與 Leading Span B 交叉
我將 Tenkan-sen 與 Kijun-sen 的交叉訊號，用三角形符號標示出來，紅色三角形表示向下交叉，綠色三角形表示向上交叉。
我將Leading Span A 與 Leading Span B 交叉訊號也顯示出來，向上交叉顯示「Bull」，向下交叉顯示「Bear」。
另外，當市場擠壓時，我將它用黃色蠟燭顯示，我對於市場擠壓的定義是：布林帶小於特定的 ATR。
所以當你看到黃色蠟燭時，表示布林帶小於特定的ATR，此時市場正處於擠壓當中。
如何使用該指標？
1.看見黃色蠟燭的時候表示市場正在擠壓，這時可以考慮進行交易
2.透過 Tenkan-sen 與 Kijun-sen 以及 Leading Span A 與 Leading Span B的交叉訊號，可以輔助判斷做多或做空。
3.當市場擠壓時，我建議觀察價格是否在 Tenkan-sen 與 Kijun-sen 之上，價格在 Tenkan-sen 與 Kijun-sen 之上做多，在 Tenkan-sen 與 Kijun-sen 之下做空。