OPEN-SOURCE SCRIPT
[blackcat] L1 Ichimoku Cloud
Level: 1
Background
In Muranaka's article, "Ichimoku Cloud" was described. It contains Ichimoku - Lines and Ichimoku - Cloud.
Function
In the article, Muranaka states that the "market has improved when the delayed line is above the closing prices at that past date." Thus, for this indicator, when the delayed line is above the closing prices at the past date, the turning line will be Green. When the delayed line is below the closing prices at the past date, the turning line will be Red. I eliminate the need to display the delayed line (Silver color). Of course, you can choose to display the delayed line by setting the ShowDelayLine input to true.
Key Signal
Standard Line --> Blue line;
Turning Line --> Green and Red;
Delayed --> Not shown, Silver.
Span1 and Span 2 --> Ichimoku Cloud, Yellow for up trend and Fuchsia for down trend.
Remarks
This is a Level 1 free and open source indicator.
Feedbacks are appreciated.
Background
In Muranaka's article, "Ichimoku Cloud" was described. It contains Ichimoku - Lines and Ichimoku - Cloud.
Function
In the article, Muranaka states that the "market has improved when the delayed line is above the closing prices at that past date." Thus, for this indicator, when the delayed line is above the closing prices at the past date, the turning line will be Green. When the delayed line is below the closing prices at the past date, the turning line will be Red. I eliminate the need to display the delayed line (Silver color). Of course, you can choose to display the delayed line by setting the ShowDelayLine input to true.
Key Signal
Standard Line --> Blue line;
Turning Line --> Green and Red;
Delayed --> Not shown, Silver.
Span1 and Span 2 --> Ichimoku Cloud, Yellow for up trend and Fuchsia for down trend.
Remarks
This is a Level 1 free and open source indicator.
Feedbacks are appreciated.
نص برمجي مفتوح المصدر
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.