BM Ichimoku Signal

CATEGORY: Indicator · For NinjaTrader 8 · Ichimoku Signals for Manual Trading

HOW IT WORKS: Signals-only version of BMIchimoku: same calculation engine, same confluences, and same default values as the automated strategy, so every arrow drawn by this indicator is exactly the trade the strategy would have taken with that same configuration. It draws the Tenkan, Kijun, and both edges of the cloud on the chart as they appear today (the values against which the price is currently interacting), marks each actionable signal that has passed the chosen entry mode and all active confluences with an arrow, and offers an optional status panel showing the price's position relative to the cloud, the future cloud rotation, whether the Chikou is clear, and the bar's delta. Configurable sound alerts are included.

It does not replicate the strategy's risk management (cooling-off period, maximum trades per day, trading window) because those rules depend on the specific context of each manual trader, not the signal itself.

FOR WHOM: Traders who want to manually execute BMIchimoku signals, with full control over the execution, or who want to visually confirm the criteria before considering the automated version.

TECHNICAL REQUIREMENTS: NinjaTrader 8. Any instrument with available tick data (the delta filter requires it; the rest of the indicator works on any instrument with intraday data).

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