OPEN-SOURCE SCRIPT
Diupdate Ichimoku Kinko Hyo + Fractals
In contrast to my Ichimoku ++ Study this is a pure Ichimoku Konko Hyo Study with Bill Williams Fractals (I couldn't leave out the fractals as these levels are too important for Ichimoku trading).
In this study you can find many visualisation options for the Ichimoku Indicator and the signals the Ichimoku Tradingsystem can provide.
Tenkan-sen and Kijun-sen are provided optionally as mtf levels.
An mtf price cloud relationship is shown in the upper right.
The included signals are:
B1/S1 is a strong filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Chikou > Kumo AND Tenkan > Kijun AND Komo is green
B2/S2 is a less filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Tenkan > Kijun
IB/IS is a confluence signal. The condition for a long/short entry is: more than 50% of the 8 defined conditions must trigger a long signal. Below 50% long, it is a short signal because more than 50% of the entry conditions have triggered a short signal.
In this study you can find many visualisation options for the Ichimoku Indicator and the signals the Ichimoku Tradingsystem can provide.
Tenkan-sen and Kijun-sen are provided optionally as mtf levels.
An mtf price cloud relationship is shown in the upper right.
The included signals are:
B1/S1 is a strong filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Chikou > Kumo AND Tenkan > Kijun AND Komo is green
B2/S2 is a less filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Tenkan > Kijun
IB/IS is a confluence signal. The condition for a long/short entry is: more than 50% of the 8 defined conditions must trigger a long signal. Below 50% long, it is a short signal because more than 50% of the entry conditions have triggered a short signal.
Catatan Rilis
Color "code" for Kijun-sen and Tenkan-sen endings added. Catatan Rilis
Fixed Tenkan-sen plot bug.Catatan Rilis
Tooltips added.Catatan Rilis
Code updated. Some more Background signals added.Catatan Rilis
Attributes of some drawn objects Added. Because of output limitations, I can't add more attributes.Catatan Rilis
Script converted to Pine v5.Catatan Rilis
IB/IS signal updated.Catatan Rilis
Screenshot issue.Catatan Rilis
Code updated (signal textcolor).Catatan Rilis
Fixed strange behavior (since a few weeks) of "Ichimoku endings".Catatan Rilis
Tenkan-Sen and Kijun-Sen can now be added separately.Skrip open-source
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.
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Skrip open-source
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.
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.