Cronex Taichi Indicator

Cronex Taichi Indicator

Unlock market trends with Cronex Taichi Indicator for MT4. No more Ichimoku Cloud confusion. Discover entry signals and customize settings for your trading style.

Have you had any difficulties reading the Ichimoku Cloud indicator? This Cronex Taichi indicator is the solution to your problems. It is similar to the Ichimoku Cloud indicator, except this one doesn’t have the cloud. Here are some of its principles:

Taichi – The averaged weight Tenkan+Kijun+SpanA+SpanB. The technological basis for connecting these lines is difficult to describe. However, it may be described as the average of market moods. Of course, this concept is not new, but it appears effective.

TaichiFor – Weighted average SpanA+SpanB with a shift Kijun. It is not hard to understand its meaning – it is an average cloud.

Signal – This is a moving average that has a period Kijun.

SSignal – This is a moving average that has a period of Senkou.

Flat – This part of the indicator is painted over the flat zones.

How To Use The Cronex Taichi Indicator For MT4
You can use the indicator in several ways. I will show you how to interpret entry signals below.

Ensure the Tachi line crosses above the TaichiFor line for the buy entry signal. This is a signal that the market will start trending upward. You can incorporate some technical analysis to improve the accuracy of your entry decision.

For the bearish entry signal, ensure the TaichiFor line has crossed above the Taichi line. This signals that the market is about to trend downward. You can use technical analysis to increase your accuracy.

Conclusion
The Cronex Taichi indicator is a simplified version of the Ichimoku Cloud. It is easier to read. The indicator also gives clear trade entry signals.