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Ichimoku Clouds Strong Bullish/Bearish signals and alerts

Ichimoku Clouds Strong Bullish / Bearish signals with allerts

The Ichimoku cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals.

We provide you easy-to-use script which helps to decrypt meaning of lines in the indicator. The script takes Ichimoku clouds indicator formulas to calculate Tenkan, Kijun, SenkouA, SenkouB values and examines them in order to produce buy ( Bullish ) and sell ( Bearish ) signals which are displayed at the chart

The most appropriate time frame is 30m

Custom alerts are added to send you a notice with a webhook when bullish or bearish signal arrives.

You can easily add weak and neutral signals alerts by removing "//" in a specified place

Feel free to copy and use this script for your ideas and trading. You can modify the script by adding Parabolic SAR in order to increase accuracy of positions closure

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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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