salarkamjoo

Ichimoku breakout

If you use Ichimoku Cloud strategies, this indicator is very useful for you!
This code indicates the candles that break the ichimoku cloud in both directions!
  • conversion line, base line and lagging span are disable by default, you can enable it from settings window.
  • green triangles under the candles with green backgrounds show break out the red clouds.
  • red triangles at the top of the candles with red backgrounds show break out the red clouds.

you can set alerts to be notified when an Ichimoku Cloud is broken.

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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.

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