Edo Ichimoku State

FREE

The full Ichimoku Kinko Hyo system condensed into five discrete market states

Edo Ichimoku State keeps the full Ichimoku engine intact and does the synthesis for you. It calculates the five classical lines with their original 9 / 26 / 52 periods, evaluates four independent conditions bar by bar, and returns a single market state, a dual Bull / Bear score and a summary panel listing the conditions that support the reading. The aim is to turn a visually demanding but technically powerful system into a direct reading surface, without simplifying or discarding any of its original components.

Features

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Use Cases

Configuration

Ichimoku periods default to the canonical 9 (Tenkan), 26 (Kijun) and 52 (Senkou Span B), with both the forward cloud displacement and the backward Chikou displacement at 26. By default only the cloud and the state-colored background are shown to keep the chart clean; Tenkan-sen, Kijun-sen and Chikou Span can each be enabled individually, and Cloud Opacity, background opacity, an optional Paint Candles by State mode and the five state colors are all customizable. The summary panel can be shown or hidden, repositioned to any of the four corners, sized Small or Medium and themed Dark or Light. Full configuration details are available in the official manual.

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Risk Warning

Trading involves risk. This indicator is an analysis tool and does not constitute financial advice, investment recommendations, or trading signals. The user is solely responsible for their trading decisions.