Ichimoku trading is a popular technical analysis approach that is widely used for forecasting market trends and identifying potential trading opportunities. Over the years, several applications have been developed to aid traders in implementing the Ichimoku method. This article presents an overview of some of the best Ichimoku apps that are available for Android devices. The analysis will highlight their features, usability, and effectiveness in enhancing trading strategies. The aim is to provide traders with an informed perspective that can guide their decision-making process in selecting a suitable Ichimoku app.
We have compiled a list of 6 Best Ichimoku App For Android for your consideration, which have undergone rigorous testing and evaluation by our team of experts.
Contents
6 Best Ichimoku App For Android
1. Easy Kumo Breakout (9, 26, 52)
Ichimoku Kinko Hyo, also known as Ichimoku Cloud, is a technical indicator that measures momentum and predicts areas of support and resistance. It comprises of five lines: the tenkan-sen, kijun-sen, senkou span A, senkou span B, and chickou span. Despite being an all-in-one indicator, it is best used in conjunction with other forms of technical analysis.
The Kumo, or Cloud, is the area between the Senkou Span A and the Senkou Span B, and is at the center of the Ichimoku system. The Kumo Breakout signal is triggered when the price cuts one of the two extremes of the Kumo.
Easy Kumo Breakout is a comprehensive dashboard that displays BUY/SELL signals for up to 37 instruments across 6 timeframes (M5, M15, M30, H1, H4, D1). It also provides timely push notifications, displays news headlines and an economic calendar, allowing traders to stay informed even when on the go.
The app has several key features such as timely display of BUY/SELL signals, push notification alerts, display of headlines news of favorite instruments, and an economic calendar of upcoming events.
Easy Indicators relies on support to fund development and server costs, and users can support the development of future enhancements by subscribing to Easy Kumo Breakout Premium.
2. Easy Tenkan Kijun Cross (9, 26, 52)
The Ichimoku Kinko Hyo, also known as the Ichimoku Cloud, is a technical indicator used to measure momentum and future support and resistance areas. It consists of five lines known as the tenkan-sen, kijun-sen, senkou span A, senkou span B, and chickou span. Although it aims to be an all-in-one indicator, it is recommended to be used in conjunction with other forms of technical analysis.
The Tenkan-Kijun Cross Setup is one of the most commonly used and robust systems for the Ichimoku Kinko Hyo. It is a simple and effective method for identifying trends and trend reversals, making it ideal for traders interested in trading momentum or trends.
Easy Tenkan Sen Cross offers a comprehensive dashboard that enables users to view BUY/SELL signals generated for up to 37 instruments across six timeframes (M5, M15, M30, H1, H4, D1) simultaneously. The app provides timely push notifications and alerts for any BUY/SELL signals on your favourite instruments on your watch list, as well as displaying headline news for your preferred instruments and an economic calendar of upcoming events.
The app offers a subscription service known as Easy Tenkan Premium, which removes all advertisements within the app, allows users to view all timeframes (including M5, M15, and M30), and supports the development of future enhancements.
3. Professional Stock Chart
Professional Stock Chart (ChartPro) is a financial application that enables users to track stocks and conduct technical analysis. The application comes with a professional interactive stock chart that offers various features to aid users in their investment decisions. These features include scrollable historical stock data, zoom in/out option, pinch to zoom, crosshair cursor, drawing tools, about 50 technical indicators, line, area, candlestick, OHLC chart types, daily, weekly, monthly bar compression, offline mode, news, alerts, and chart themes.
Furthermore, the application features a stock portfolio section that enables users to track their personal finance. Here, users can keep track of their current profit/loss depending on the purchasing price of the underlying financial instruments. The stock portfolio supports adding new transactions, managing existing transactions, adding dividends, and splits. The value of the portfolio is calculated automatically as the latest quote data is downloaded from the server, providing real-time personal finance. The portfolio section also supports opening both long and short positions.
The stock portfolio features also include the ability to add/remove transactions, add dividends, manage splits, open a stock chart directly from the portfolio, view stock details like 52 high and 52 low, multiple lists, symbol drag & drop, and sorting of symbols. This makes the application suitable for users who want to conduct detailed research before investing in a stock.
4. Easy Senkou Span Cross (9, 26, 52)
Ichimoku Kinko Hyo, also known as Ichimoku Cloud, is a technical indicator that assesses momentum and predicts areas of support and resistance. It consists of five lines, including the tenkan-sen, kijun-sen, senkou span A, senkou span B, and chickou span. It is recommended to use the Ichimoku indicator in combination with other technical analysis tools. The Senkou Span Cross occurs when the Senkou Span A intersects with the Senkou Span B, with the price location in relation to the Kumo being a key element to consider. The Easy Senkou Span app provides a dashboard that displays BUY/SELL signals for up to 37 instruments across 6 timeframes.
The app offers several features, such as timely display of BUY/SELL signals, push notification alerts for your favourite instruments on your watch list, headline news display, and economic calendar of upcoming events. The subscription to Easy Senkou Span Premium removes ads and enables viewing of all timeframes, including M5, M15, and M30.
Easy Indicators requires financial support to cover development and server costs. Forex trading on margin is highly risky and may not be suitable for all investors. EasyIndicators has taken measures to ensure the accuracy and timeliness of the information provided, but does not guarantee its reliability or accept liability for any losses incurred through the use of the app.
5. Easy Kijun Sen Cross (9, 26, 52)
Ichimoku Kinko Hyo, also known as Ichimoku Cloud, is a technical indicator that determines momentum and future areas of support and resistance. The indicator consists of five lines, namely the tenkan-sen, kijun-sen, senkou span A, senkou span B and chickou span. It is best used in combination with other technical analysis despite its all-in-one indicator nature. The Kijun Sen, also known as the Standard or Base line, is a moving average of the highest high and lowest low over the last 26 trading days, and is primarily used to measure momentum and trend.
Easy Kijun is an application that provides a comprehensive dashboard displaying BUY/SELL signals for up to 37 instruments across six timeframes (M5, M15, M30, H1, H4, D1) simultaneously. Features include timely push notifications for your favorite instruments, display of headline news, and an economic calendar of upcoming events. Easy Kijun Premium offers subscription-based ad removal, access to additional timeframes (including M5, M15, M30), and supports future enhancements.
Forex trading on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
6. Easy Chikou Span Cross (9, 26, 52)
Ichimoku Kinko Hyo, also known as Ichimoku Cloud, is a technical indicator that is used to determine momentum and future areas of support and resistance. This comprehensive indicator consists of five lines: tenkan-sen, kijun-sen, senkou span A, senkou span B, and chickou span. However, using it in conjunction with other forms of technical analysis is recommended despite its all-in-one capabilities.
The Chikou Span, or Lagging line, is a line that represents the closing price plotted 26 trading days behind. It provides a quick overview of how the price compares to its value 26 days ago. The Chikou Span Cross signal occurs when the Chikou Span (Lagging line) rises or falls below the current price. The strength of the signal is determined by the relationship of the price on the date of the signal to the Kumo (Cloud).
Easy Chikou Span is a comprehensive dashboard that displays the BUY/SELL signals generated for up to 37 instruments across six timeframes (M5, M15, M30, H1, H4, D1) at a glance. Users can receive timely push notification alerts for their favorite instruments on their watchlist, view headline news, and check economic calendars for upcoming events.
Easy Indicators, the provider of Easy Chikou Span, relies on user support to fund its development and server costs.