The Ichimoku cloud is traditionally constructed from the highest high and lowest low for a number of periods. This script allows for it to be transformed and calculated like more traditional moving averages (e.g. simple moving average, exponential moving average). Since the Ichimoku is normally a system of moving average-like lines, maybe someone out there will...
Ichimoku Cloud Master aims to provide the ichimoku trader with easy alert functionality to not miss out on valuable trade setups. The key purpose of this script is to better visualise crucial moments in Ichimoku trading. These alerts should not be used for botting in my opinion as they always need a human to confirm the ichimoku market structure. For example, is...
Using one indicator as the core for another one to improve certain aspects while offering an alternative user interaction can be very interesting in technical analysis. This indicator is a modification of the popular Ichimoku indicator using the equally popular Supertrend indicator as its core, thus no longer entirely relying on calculations done over a fixed...
This Indicator enhances functionality of Chikou-Span from Ichimoku Cloud using a simple trend filter. Methodology Chikou is basically close value of ticker offset to close and it is a good for indicating if close value has crossed potential Support/Resistance zone from past. Chikou is usually used with 26 period. Chikou filter uses a lookback length...
1) Plot up to 8 moving averages or donchian channels. 2) Moving average types include SMA, EMA, Double EMA, Triple EMA, Quadruple EMA, Pentuple EMA, Zero-Lag EMA, Tillson's T3, Hull's MA, Smoothed MA, Weighted MA, Volume-Weighted MA. 3) Donchian channels can be plotted for a user specified period with upper and lower lines based on either A) highest and lowest...
Name: Ichimoku Supports and Resistances Category: Indicator Timeframe: Any Timeframe. Description: Ichimoku Support and Resistance is an indicator which allows to represent on the chart the price structures identified through the flat zones of the various lines of the Ichimoku Kinko Hyo indicator Suggested usage: Use on any timeframe. It is possible to...
Library "Ichimoku" Ichimoku Kinko Hyo library calc(conversion, base, lead, displacement1, displacement2) : Calculate the Ichimoku Kinko Hyo values Parameters: conversion : Conversion line' periods base : Base line's periods lead : 2nd Leading line's periods displacement1 : Leading line's offset displacement2 : Lagging line's...
Ichimoku w/Heikin-Ashi displays the Heikin-Ashi and leading lagging span of Ichimoku Kinko Hyo. If you change to Heikin-Ashi as it is, the basis of the calculation of Ichimoku will also use the Heikin-Ashi, so after displaying the Heikin-Ashi independently, then the calculation uses the original candlestick. Initially, two candlesticks are displayed so that you...
The 9-week candle is a candlestick writing method introduced in "Ichimoku Kinko Hyo, Weekly”, which creates positive and negative candles at the closing price of the current week and the opening price of 9 weeks ago to know the current state of the market. By combining the period of the basic numerical value of 9 as one candlestick, it becomes easier to grasp the...
Ichimoku Kinko Hyo PineV5 Definition The Ichimoku Cloud is a package of multiple technical indicators that signal support, resistance, market trend, and market momentum. It is one of the few indicators out there that attempts to convey a number of meaningful insights into one. For that reason it can be hard to understand at first glance, but is commonly used among...
Ichimoku Kinko Hyo is a trend-following trading system with 5 indicators. All the five indicators have a different purpose and successful Ichimoku trading required in-depth analysis of all indicators. The script interpreted each indicator and develop a score to indicate the overall strength. I have taken the idea from the book “Trading with Ichimoku Clouds by...
Intro: Hello dear traders. Lately I have been studying Ichimoku for trading. Personaly I find myself in a long lasting quest of creating an automated trading strategy that works. Let me tell you it aint easy. On this route I made countless of indicators some of which are worthless, others that have some potential. I did not publish these indicators as I do not...
The Ichimoku Kinko Hyo (Ichimoku Cloud) is a popular indicator / system. In this version you will have a panel that shows the main signs of this system. Each signal can have its status as bullish (weak, neutral or strong), consolidation and bearish (weak, neutral or strong). Signals Kijun-Sen Cross Occurs when the price closes above/below the Kijun-sen. ...
Ichimoku Cloud All Signals! This indicator shows all Ichimoku Cloud signals for (entering/exiting/confirming/or even staying) in a position. you can choose a signal related to your strategy and use it. you can choose which signals to be shown on the chart by changing the settings. here are some examples of signals that you can get from this...
Now_n_Future base on Kumo cloud of Ichimoku Kinki Hyo system with detail below: 1. The Now Line - When price moving above Kumo, color of now line is green. - When price moving below Kumo, color of now line is red. - When price moving inside Kumo, color of now line is gray. - When price go into Kumo, now line appear gray dot. - When price cross over Kumo, now line...
Multi Timeframe Kijun-sen implementation. Kijun-sen is a part of Ichimoku Kinko-hyo. This study is intented to be used as a part of buy/sell strategies. This may be useful for lower timeframe entries. This Kijun-sen script can be smooth using MA.
The Ichimoku Kinko Hyo is an trading system developed by the late Goichi Hosoda (pen name "Ichimokusanjin") when he was the general manager of the business conditions department of Miyako Shinbun, the predecessor of the Tokyo Shimbun. Currently, it is a registered trademark of Economic Fluctuation Research Institute Co., Ltd., which is run by the bereaved family...
Ichimoku based pyramiding strategy example that was tested on 4h TF. makes the first entry when 2Tier Kumo breakout was occurred. makes the extra entries when higher-low (on long) or lower-high (on short) was occurred. uses short term MACD reversal + stop entry as a confirmation of the trend. slack trailing stop loss. changes entry quantity by the...