This scanner finds bullish and bearish Ichimoku Tenkan-Sen / Kijun-Sen crossovers on the daily timeframe within the NYSE Composite Index for trend-following and momentum-based trade opportunities.
For bullish crossovers, the scan looks for a Tenkan-Sen crossing above the Kijun-Sen while price is positioned above both lines, helping filter out weak or premature crossovers.
For bearish crossovers, it requires a Tenkan-Sen cross below the Kijun-Sen with price below both lines to avoid false signals.
Any of the following:
All of the following: # Bullish Tenkan/Kijun Cross
D Ichi (9, 26, 26, 52) Crosses ↗ D Ichi (9, 26, 26, 52)
D Chart(close) > D Ichi (9, 26, 26, 52)
D Chart(close) > D Ichi (9, 26, 26, 52)
All of the following: # Bearish Tenkan/Kijun Cross
D Ichi (9, 26, 26, 52) Crosses ↘ D Ichi (9, 26, 26, 52)
D Chart(close) < D Ichi (9, 26, 26, 52)
D Chart(close) < D Ichi (9, 26, 26, 52)