OPEN-SOURCE SCRIPT

MTF Ichimoku Cloud

Aktualisiert
Here is my take on Ichimoku Cloud, Multiple Time Frames, based on the
most excellent work of "PineCoders" (MTF Selection Framework functions)!

The big advantage is that on 1 image you can easily see where
price is compared to Ichimoku Cloud patterns (each of different Time Frames).
This gives a lot of Support and Resistance area's!

I restricted the amount of MTF's at 2, more is just too messy

To make it more clear:
- Conversion line and Baseline in present timeframe : thick line
- Conversion line and Baseline in Higher Time Frame (HTF 1) : thin line
- Conversion line and Baseline in Higher Time Frame (HTF 2) : line with circles

All lines has labels at the right of the line with corresponding Time Frame

Snapshot

Snapshot

Since some prefer different settings with higher Time Frames,
each period in each Time Frame can be changed

The Time Frames itself can be chosen:
- or a multiple of present Time Frame
- or a fixed chosen Time Frame



Thanks!
Versionshinweise
Just some tweaking

It is important to mention that it works alone with continue charts,
I mean like crypto, where trading happens non-stop.

Stock, Futures, ... where trading stops in the day and weekends doesn't mix with this script, sorry...

Versionshinweise
Fixed the issue regarding stock, Futures, ...
Normally MTF Ichimoku Cloud will perform as intended

Thanks!
Versionshinweise
small fixes
Versionshinweise
update
Versionshinweise
Small fixes
Versionshinweise
Small adjustments for overlapping
Versionshinweise
Deleted 2 labels since the scripts doesn't work anymore (it used to work though...)
Ichimoku Cloud

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?


LuxAlgo Dev: luxalgo.com
PineCoder: pinecoders.com

- We cannot control our emotions,
but we can control our keyboard -
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