Cronex Taichi: Formalizing Ichimoku Signals and Flat Zones
Summary
Cronex Taichi is an indicator designed to make Ichimoku readings easier to interpret and to distinguish potential flat markets from trends. It defines Taichi as a weighted average of Tenkan, Kijun, and both Senkou spans. TaichiFor uses the two Senkou spans with a Kijun shift; Signal and SSignal are moving averages using the Kijun and Senkou periods, respectively.
The indicator also colors flat zones, offering a visual aid for reading the system. The description does not specify the weighting scheme, thresholds for identifying flat conditions, or rules for generating trades. It provides no performance tests, so the concepts describe signal formalization rather than evidence of predictive edge.
Key ideas
- Taichi combines Tenkan, Kijun, and both Senkou spans in a weighted average.
- TaichiFor combines the two Senkou spans and applies a Kijun shift.
- Signal and SSignal are moving averages based on the Kijun and Senkou periods.
- The indicator colors areas classified as flat to help distinguish them from trends.
- The description gives no weighting details, trading rules, or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.