This is an indicator exclusively offered to our Pro members. When added to a chart it's essentially identical to TrendMaster. However, within it, both MokuMaster and KishokuMaster are contained. This allows for seeing confluence between all of the indicators we offer. The differences between TrendMaster Pro and Premium will be explained in more detail below.
By default, the chart has a slight background color which indicates the KishokuMaster black and white colors. This can be enabled or disabled using the Pro: Show KishokuMaster background? setting in the indicator.
Additionally, the Colouring style dropdown contains an option for enabling the KishokuMaster candle coloring. This setting is only available to our Pro members.
By enabling the Display EMA trend is based on? setting you will get the default TrendMaster EMA. This EMA has been colored to match the existing MokuMaster colors and uses the same criteria to color it. The Pro: Show Ichimoku cloud? setting allows you to also overlay the Ichimoku cloud using default settings.
Additionally, the Colouring style dropdown contains an option for enabling the MokuMaster candle coloring. This setting is only available to our Pro members.
Because this indicator combines all three parts of our suite we can classify signals from within the indicator using the same AA/AAA classification as already talked about in the previous sections. This classification is shown when enabling Show Position Sizing in the indicator settings.
KishokuMaster and MokuMaster were originally designed for use on regular candles. Because you typically use TrendMaster on Heikin Ashi candles it can be beneficial to be able to use both candle types from the same indicator. This setting enables TrendMaster Pro to use the real close values for calculating both MokuMaster and KishokuMaster while applied to a Heikin Ashi chart.
There's no right or wrong here, though, because the differences are very minimal and not likely to disturb your trading in any way.
Due to the aforementioned TrendMaster Pro signal assessment into A, AA and AAA categories we've decided to add a setting that let's you filter out position size bubbles based on this. This means you can e.g. only show the position sizing on the "last start of trend AAA" signal. This makes it easier to filter out setups that you personally prefer taking. The following values are valid for this setting, the default value is All:
Only AA or AAA