MTF Ichimoku Cloud

٣١ مارس ٢٠٢٠

Here is my take on Ichimoku Cloud, Multiple Time Frames, based on the
most excellent work of "PineCoders" (MTF Selection Framework functions)!

The big advantage is that on 1 image you can easily see where
price is compared to Ichimoku Cloud patterns (each of different Time Frames).
This gives a lot of Support and Resistance area's!

I restricted the amount of MTF's at 2, more is just too messy

To make it more clear:
- Conversion line and Baseline in present timeframe : thick line
- Conversion line and Baseline in Higher Time Frame (HTF 1) : thin line
- Conversion line and Baseline in Higher Time Frame (HTF 2) : line with circles

All lines has labels at the right of the line with corresponding Time Frame





Since some prefer different settings with higher Time Frames,
each period in each Time Frame can be changed

The Time Frames itself can be chosen:
- or a multiple of present Time Frame
- or a fixed chosen Time Frame



Thanks!

٣١ مارس ٢٠٢٠

ملاحظات الأخبار

Just some tweaking

It is important to mention that it works alone with continue charts,
I mean like crypto, where trading happens non-stop.

Stock, Futures, ... where trading stops in the day and weekends doesn't mix with this script, sorry...

٣ أبريل ٢٠٢٠

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Fixed the issue regarding stock, Futures, ...
Normally MTF Ichimoku Cloud will perform as intended

Thanks!

٣ أبريل ٢٠٢٠

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small fixes

٣ أبريل ٢٠٢٠

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update

٧ أبريل ٢٠٢٠

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Small fixes

١٩ أبريل ٢٠٢٠

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Small adjustments for overlapping

١٣ أبريل ٢٠٢١

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Deleted 2 labels since the scripts doesn't work anymore (it used to work though...)