This script utilizes its source from a non-repainting renko closing price. Renko charts focus solely on price movement and minimize the impacts of time and the extra noise time creates. Employing the renko close helps smooth out the Ichimoku Cloud. Insignificant price movements will not cause a change in the plotted lines of the indicator unless a new threshold...
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future. The Ichimoku...
Ichimoku Cloud+quality line this is ichimoku indicator, only quality line added.
Typical RSI indicators were plotted with candles and expressed wick to resemble a candle chart, and linear regression was added to predict changes in force intensity, which allowed us to confirm support and resistance within linear regression . In addition, divergence signal was marked as an additional basis for the price fluctuation point due to support and...
Multi Timeframe Silent Ichimoku Is an upgrade on my previous Silent Ichimoku indicator witch attempts to filter out the noise from the Ichimoku indicator By only coloring the bars Green if the Ichimoku spots an uptrend Red if Ichimoku spots a downtrend And Gray if Ichimoku spots consolidation This Indicator adds the ability to filter out some bad signals by...
Strategy used in the CDI community that consists of having as a signal to enter long when it crosses the entire Ichimoku cloud . It is recommended to use the strategy in one hour candles and the profit / loss ratio is 2 to 1 for swing trading, however it can be used at any time frame. The purpose is to perform a bakctesting quickly by setting the limit and stop...
This script follows off the principles of the Ichimoku Cloud indicator. The green zones display optimal time to buy according to the Ichimoku model. The red zones show optimal time to sell according to the Ichimoku model inverse. The yellow zones show where the conversion line meets the base line (potential up or down movement at this point). Feel free to contact...
The default Ichimoku Cloud by TradingView is strange. The kumo is only displaced 25 periods forward, and the chikou is displaced 25 periods back. This is because TradingView had the correct value for displacement (26), but they decided to subtract this displacement by 1 when actually drawing the kumo and add 1 when drawing the chikou. This script fixes this and...
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...
Open Source Ichimoku Kinkō hyō Keizen 改善 First of all, thank you for using my work, making changes and continuing to share it for free. I chose as indicator name Ichimoku Kinkō hyō Keizen logically simply by what the word Keizen reflects a Japanese method which means continuous improvement and quality. The goal here is to correct already any offset faults that...
I isolated the Kijun-sen from the Ichimoku Cloud and colored it. You can do major damage by just entering when the price closes above the Kijun-sen and sell when it is the other way around. Add some other confirmation indicators to filter some false breakouts and you are good to go.