Filtering by Indicators (EMA, Supertrend, Ichimoku Cloud)

TradeShields offers several indicators to filter trades based on higher timeframes:

  • EMAs (e.g., 50 EMA, 200 EMA): Check if the price is above or below key moving averages.
  • Supertrend: Confirm trends based on volatility and trend strength.
  • Ichimoku Cloud: Ensure price aligns with cloud-based support or resistance.

How to configure:

  1. Enable Higher Timeframe 1 or Higher Timeframe 2.
  2. Select an indicator from the dropdown menu (e.g., 200 EMA, Supertrend, Ichimoku Cloud).

Example:

  • Enable 50 EMA to allow trades only when the price is above the EMA on the selected higher timeframe.
  • Use Supertrend to confirm entries during strong trending markets.

Tips:

  • Use EMAs for smoother trend signals.
  • Combine Ichimoku Cloud with other filters for more robust strategies.

Still need help? Contact Us Contact Us