**Features & Functions**
Multiple Time Frames Feature: With this feature, you can view the of a different time frame than you are currently viewing. This is very useful for looking at daily (Kumo, Chikou) but wishing to trade a different strategy (Price Action, Moving Averages, etc.) on a lower time frame.
The is designed to measure both momentum and trend. This script is optimized for **Cryptocurrency** by default but the settings can easily be adjusted from the Input Window to trade on any asset.
The core of the Strategy can be broken down into two facets, depending on whether you prefer to trade short-term or long-term. The is a trending indicator by default, it will not catch bottoms or tops. It is a .
Revolves around Tenkan and Kijun crosses. Should the Tenkan crossover the Kijun, that is a indication, and a signal to buy or go long.
Conversely, should the Tenkan crossunder the Kijun that is a indication, and a signal to sell or go short.
In the settings, you can choose to plot Tenkan/Kijun crosses. With this option selected, several things will occur when Tenkan/Kijun crosses happen.
1. The current bar will change colors depending on whether the signal is a buy or a sell. Buy = Aqua, Sell = Fuchsia
2. A dot will appear on the Tenkan. Buy = Green, Sell = Red
3. A label will appear above or below bar indicating the correct decision. Buy = Buy, Sell = Sell.
Revolves around price closing above or below the Kumo Cloud itself. Should price close above a Kumo Cloud, that is a indication, and a signal to buy or go long.
Conversely, should price close below a Kumo Cloud, that is a indication, and a signal to sell or go short.
In either case, it's important to understand what the cloud breaks are representing. They are representing a potential shift in the dominant trend. attempts to identify when that shift happens, so we can get on the side of the emerging trend.
In the settings, you can choose to plot Kumo Cloud Breaks. With this option selected, several things will occur when Kumo Cloud breaks happen.
1. The current bar will change colors depending on whether the signal was a buy or a sell. Buy = Aqua, Sell = Fuchsia
2. A label will appear above or below bar indicating the correct decision. Buy = Buy, Sell = Sell.
*Please note, that the Kumo Cloud Breaks indicate stronger signals, and thus more weight should be given to them than TK Crosses. However, depending on what time frame you are trading on, Kumo Cloud breaks are a rarer occurrence than TK Crosses.*
### **Additional Features** ###
The Chikou (Lagging) Spam is run through a Zero Lag filter. The reason for this is aesthetic. The smoothing can be disabled in the input windows.
**The purpose of the Chikou Span is to identify .**
If you have any questions, success or failure stories, or seek advice feel free to send me a private message here on Trading View, or DM me @JayWiseFree#5696 in our **Discord Community**.
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2. Fixed Tenkan/Kijun crosses to correlate with the Multi-Time Frame function. If you are viewing your lines on a different time frame, you will see Buy/Sell signals for that Time Frame.
-Fixed Kumo Cloud Break Plots & Alerts - Now Accurate and More Responsive.
-Divided 'Edge to Edge' Setups and 'Kumo Cloud Break' Setups into two, you can select which you would like to plot from the settings.
-Made Chikou Smoothing false by default.
-Made all plotting false by default.
-Added the option to disable Bar Coloring.
-Changed the writing of the code to NOT reference the Security Function when "Current Time Frame" is selected.
-Added plot shapes and alerts for 'Edge to Edge Setups'
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