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Ichimokukinkohyo

AG Pro Ichimoku Cloud Equilibrium Map [AGPro Series]AG Pro Ichimoku Cloud Equilibrium Map Overview / What it does AG Pro Ichimoku Cloud Equilibrium Map is an Ichimoku-based overlay designed to map balance, displacement, and return-to-balance behavior around a dynamic equilibrium core. Instead of using Ichimoku primarily as a traditional bullish/bearish checklist, this script reorganizes the framework around one structural question: where is price trading relative to its current equilibrium, and is that position balanced, expanding, overstretched, or reclaiming balance? The script blends Kijun-Sen with the cloud midpoint to build an equilibrium core, then expands that core into an adaptive equilibrium band using ATR and cloud thickness. From there, it classifies how price is behaving around that band and displays the result through chart states, optional labels, and a compact information panel. This script is intended as a chart analysis tool. It is built to help users read structure more efficiently, especially when standard Ichimoku layouts feel visually dense or interpretation-heavy. Unique Edge The main difference is that this script does not treat Ichimoku as a simple trend confirmation overlay. It converts the Ichimoku framework into an equilibrium map. Rather than focusing only on whether price is above or below the cloud, this script asks: - Is price still near structural balance? - Is price moving away from equilibrium in a controlled way? - Has the move become stretched? - Is price returning back into equilibrium after displacement? That makes it different from a standard Ichimoku presentation, where the raw components are visible but the user must do most of the structural interpretation manually. It is also different from other AG Pro scripts built around breakout quality, oscillator pressure, compression behavior, or reversion frameworks. This tool is specifically centered on equilibrium, extension, and reclaim behavior using an Ichimoku-derived structure model. Methodology The script uses the following structure: 1. Kijun-Sen Kijun-Sen is used as one of the main balance anchors. 2. Cloud midpoint The midpoint between Span A and Span B is used as a second structural reference. 3. Equilibrium core The script combines Kijun-Sen and the cloud midpoint into a dynamic equilibrium core. 4. Equilibrium band An adaptive band is built around the equilibrium core using ATR and cloud thickness. This allows the model to respond differently in quieter and more volatile conditions. 5. Stretch zones Beyond the equilibrium band, the script defines stretch areas that help distinguish normal directional expansion from more extended displacement. 6. Reclaim logic When price moves back into the equilibrium region after being outside it, the script can classify that transition as a reclaim state. This methodology is designed to make Ichimoku structure more explicit without removing the original context of the cloud framework. States / Signals & Alerts The script classifies chart behavior into the following states: Balanced Price is trading inside the equilibrium band. Bullish Expansion Price is trading above the equilibrium band with supportive directional structure. Bearish Expansion Price is trading below the equilibrium band with supportive directional structure. Overstretched Bullish Price is extended above the stretch threshold. Overstretched Bearish Price is extended below the stretch threshold. Bullish Reclaim Price has returned into the equilibrium region after trading below it. Bearish Reclaim Price has returned into the equilibrium region after trading above it. Available alert conditions: - Bullish Expansion - Bearish Expansion - Overstretched Bullish - Overstretched Bearish - Bullish Reclaim - Bearish Reclaim These states and alerts are descriptive tools for chart analysis. They are not a complete trade plan and should be interpreted in context. Key Inputs Ichimoku settings Users can adjust Tenkan length, Kijun length, Senkou Span B length, and displacement. Equilibrium engine settings Users can control ATR length, equilibrium band sensitivity, cloud-thickness contribution, stretch sensitivity, and chop lookback. Visual settings Users can control cloud visibility, Kijun visibility, equilibrium band visibility, stretch zones, state labels, label density, and panel appearance. These inputs allow the script to be tuned for different symbols, volatility conditions, and chart preferences. Limitations & Transparency This script is an indicator, not a strategy. It does not place trades, manage positions, calculate performance, or guarantee outcomes. The Equilibrium Score is an internal structure summary built from distance, alignment, cloud thickness, Tenkan/Kijun spread, reclaim contribution, and chop penalty. It is not a probability model, not a forecast, and not a standalone decision engine. Overstretched conditions do not automatically imply reversal. Reclaim conditions do not automatically imply continuation. Expansion conditions do not automatically imply strength will persist. As with any chart tool, interpretation depends on market regime, timeframe, volatility, and the user’s broader workflow. In noisy environments, state changes can occur more frequently. The script includes filters to reduce clutter, but no indicator removes uncertainty completely. Risk Disclosure This script is provided for research and chart analysis only. It is not financial advice. Users should evaluate any signal, state change, or alert within their own process, risk framework, and market context before making decisions.
Pine Script® Indikator
von AGProLabs
2
Ichimoku Kinko HyoIchimoku Kinkō Hyō (IKH) — 一目均衡表 Ichimoku Kinkō Hyō is a complete Japanese charting system developed by Goichi Hosoda and his team in the late 1930s. It was designed to visualize market structure at a glance: trend direction, momentum, and key support/resistance zones. This implementation preserves the classic Ichimoku structure while adding modern usability features. It is built for traders who want clean structure and beginner-friendly visuals with detailed tooltips. In addition to the traditional system, this version optionally includes scenario projections and historical flat level detection . ----------------------------------------------------------------------------------------------- Ichimoku calculation reminder (5 key lines) • Tenkan-sen (転換線 / Conversion Line) Short-term equilibrium (fast) Midpoint of the highest high and lowest low over the last 9 periods • Kijun-sen (基準線 / Base Line) Medium-term equilibrium (slow) Midpoint of the highest high and lowest low over the last 26 periods • Senkou Span A (先行スパンA / Leading Span A) Forward “average equilibrium” (faster cloud boundary) Average of Tenkan-sen and Kijun-sen, plotted forward by the displacement (default 26) • Senkou Span B (先行スパンB / Leading Span B) Long-term equilibrium (slower cloud boundary) Midpoint of the highest high and lowest low over the last 52 periods, plotted forward by the displacement • Chikou Span (遅行スパン / Lagging Span) Confirmation line (price vs past context) The closing price plotted backward by the displacement ----------------------------------------------------------------------------------------------- Key Features Selectable Calculation Timeframe Choose the timeframe used for Ichimoku calculations (or select “Chart” to use the current chart timeframe). Inputs-First Design Line colors defined in Inputs are used consistently across: • Plots • Labels • Projection segments • Flat levels Flexible Labelling (Optional) Supports customizable labels for Ichimoku lines. • Japanese (Romanized) or English terminology • Full or Short names Romanized Japanese: • Tenkan-sen → Tk • Kijun-sen → Kj • Senkou Span A → SSA • Senkou Span B → SSB • Chikou Span → Ck English: • Conversion line → Conv • Base line → Base • Lead line A → Lead A • Lead line B → Lead B • Lagging Span → Ls Additional options: • “Label + text” or “Text only” • Optional timeframe tag • Optional value display • Per-line custom label text • Hide any label using OFF or - ----------------------------------------------------------------------------------------------- Scenario Projections — “No New High / Low” (Optional) Conditional forward segments for: • Tenkan-sen (up to 5 steps) • Kijun-sen (up to 13 steps) • Senkou Span A (up to 10 steps) • Senkou Span B (up to 20 steps) This is a scenario tool — not a prediction. It assumes upcoming bars do not create new highs or lows beyond the current lookback window. Example: For a Kijun-sen lookback of 26 +1 segment uses the last 25 bars +2 uses the last 24 bars +3 uses the last 23 bars …and so on. ----------------------------------------------------------------------------------------------- Flat Levels — Past Equilibrium Shelves (Optional) Flat levels are historical horizontal “shelves” where an Ichimoku line remained unchanged for several consecutive bars. These shelves often act as future support or resistance because they represent prior equilibrium zones. Detects flat segments on selected lines: • Tenkan-sen • Kijun-sen • Senkou Span A • Senkou Span B A flat is confirmed when the line remains identical for at least Min flat length bars. The script then: • Displays up to Max levels, selected by proximity to the current price • Draws horizontal rays from the flat’s ending point and extends them rightward Flat Level Options • Show flat levels (master on/off) • Select which lines generate levels • Min flat length (bars) • Lookback window (bars) • Max levels to display • Ray style / thickness Color mode: • By line color • Support / Resistance (levels below price = support, above price = resistance) Flat Labels (Optional) Flat levels can display right-side labels using the same labeling system as the Ichimoku lines, including: • Language + length • Optional timeframe tag • Optional value display • “Label + text” or “Text only” • Shared far-right offset for clean alignment ----------------------------------------------------------------------------------------------- Example of an alternative chart layout ----------------------------------------------------------------------------------------------- Notes / Disclaimer • Projections and flat levels are analytical tools, not forecasts. • No trading signal is guaranteed. Always manage risk appropriately. • This script uses Pine Script® version 6. ----------------------------------------------------------------------------------------------- Credit • Thanks to NgheTrader for inspiration regarding projection / future-line concepts. • Thanks to the TradingView team for the platform and charting infrastructure.
Pine Script® Indikator
von IchimokuEdge
Ichimoku Bounce on Tenkan-Sen by YellowKumaIchimoku Bounce (Long/Short) on Tenkan-Sen by YellowKuma Pure bounce signals off the Tenkan-sen • No MTF • No noise 🌊 What It Does This indicator spots high-probability reversal zones where price reacts off the Tenkan-sen (9-period conversion line) — the fastest Ichimoku component acting as dynamic support/resistance. ✅ Long signal → Price bounces up from Tenkan-sen while trading above the cloud ✅ Short signal → Price rejects down from Tenkan-sen while trading below the cloud ✅ Kijun-sen is used only as a trend filter (Tenkan > Kijun for longs / Tenkan < Kijun for shorts) — never as a bounce level ✅ Zero MTF complexity — runs purely on your chart's native timeframe, no repainting Signals appear as: 🟢 "L" label below the bar → Bullish Tenkan bounce 🔴 "S" label above the bar → Bearish Tenkan bounce ⏱️ Timeframe Matters — A Lot This strategy shines on higher timeframes and struggles on low ones. Why? 📈 H4 / Daily / Weekly → Tenkan-sen aligns with real institutional pivot zones → Cloud represents weeks of consensus value — strong trend filter → Bounces carry momentum → larger winners, fewer whipsaws 📉 M5 / M15 / M30 → Tenkan-sen reacts to micro-noise, not structure → Cloud too thin — price slices through easily → False bounces dominate → shallow moves, poor R:R 💡 Rule of thumb: • Use H4 for swing entries • Use Daily for core trend trades • Keep a Weekly chart open to confirm macro trend (only trade bounces with the Weekly cloud) • Avoid M15/M30 entirely — signal quality degrades sharply ⚙️ Settings (Simple & Clean) • Tenkan-sen Period → 9 (standard) — shorter = more sensitive, longer = smoother • Kijun-sen Period → 26 (standard) — trend filter only • Senkou Span B Period → 52 (standard) — defines cloud thickness • Show Long Bounces → Toggle ON/OFF • Show Short Bounces → Toggle ON/OFF Cloud colors: 🟢 Green fill → Bullish cloud (Senkou Span A > B) 🔴 Red fill → Bearish cloud (Senkou Span A < B) 🎯 How to Trade the Signals 1️⃣ Wait for confirmation → Never enter mid-bar. Wait for candle close beyond the Tenkan-sen. 2️⃣ Check cloud alignment → Longs only when price > cloud top → Shorts only when price < cloud bottom 3️⃣ Add price action confirmation (optional but recommended) → Bullish engulfing / hammer at Tenkan → stronger long signal → Bearish engulfing / shooting star at Tenkan → stronger short signal 4️⃣ Risk management → Stop-loss: 1–2 pips beyond bounce bar extreme OR 2×ATR(14) → Take-profit: Target Kijun-sen (near-term) or opposite cloud boundary (swing) → Minimum reward:risk = 1:3 5️⃣ Avoid these situations → Choppy markets (Tenkan/Kijun flat, cloud thin) → Major news events (FOMC, NFP) — volatility distorts Tenkan touches → Bounces within 15 pips of strong horizontal resistance/support against your direction 🔔 Alerts Built-in alert conditions: • "Long Bounce" → triggers when green "L" appears • "Short Bounce" → triggers when red "S" appears → Right-click indicator → Add Alert → choose condition 💡 Pro Tips for TradingView Users ✨ Session timing: Avoid first 60 mins of London/NY open — volatility creates false Tenkan touches ✨ Combine with Weekly trend: Disable short signals when price > Weekly cloud (and vice versa) ✨ Less is more: Expect 2–5 high-quality signals per week on H4 — that's normal. Quality > quantity. ⚠️ Important This is a price-structure tool, not a magic bullet. Always: • Respect the trend (trade bounces with the cloud, not against it) • Use proper position sizing (0.5–1% risk per trade) • Keep a trading journal — track which bounces worked and why ✨ Bottom Line Pure. Simple. Effective. By focusing only on Tenkan-sen bounces — and enforcing strict cloud alignment — this indicator cuts through noise and delivers clean reversal zones where institutions actually place orders. Works best on H4 and higher. Add it. Switch to H4. Trade the bounce. 🚀 @YellowKumo
Pine Script® Indikator
von YellowKuma
Ichimoku With GradingDescription: This indicator is an enhanced version of the classic Ichimoku Kinko Hyo, designed to provide traders with an objective, quantitative assessment of trend strength. By breaking down the complex Ichimoku system into specific conditions, this script calculates a "Total Score" to help visualize the confluence of bullish or bearish signals. How It Works The core of this script is a 7-Point Grading System. Instead of relying on a single crossover, the script evaluates 7 distinct Ichimoku conditions simultaneously. The Grading Criteria: Tenkan > Kijun: Checks for the classic TK Cross (1 point if Bullish, -1 if Bearish). Price vs TK/KJ: Checks if the Close is above both the Tenkan and Kijun (Bullish) or below both (Bearish). Future Cloud: Analyzes the Kumo (Cloud) projected 26 bars ahead. If Senkou Span A > Senkou Span B, it is bullish. Chikou Span: The Lagging Span validation. It compares the current Close to the Highs, Lows, and Cloud levels of 26 bars ago to ensure there are no obstacles. Close > Tenkan: Checks immediate short-term momentum. Close > Current Senkou Span A: Checks if price is above the current cloud's Span A. Close > Current Senkou Span B: Checks if price is above the current cloud's Span B. Total Score & Signals: Maximum Score (+7): When all 7 conditions are met, a Green Triangle is plotted above the bar, indicating a strong trend confluence. Minimum Score (-7): When all 7 conditions are negative, a Red Triangle is plotted below the bar. Neutral/Mixed: Scores between -6 and +6 indicate a mixed trend or consolidation phase. Dashboard Features A table is displayed in the top-right corner to provide real-time data: Score Breakdown: Shows the status of every individual metric (1 or -1). Total Score: The sum of all metrics. Distance to Tenkan %: This calculates the percentage distance between the Close and the Tenkan-sen. Usage: Traders often use the Tenkan-sen as a trailing stop-loss level. This percentage helps gauge how extended the price is from the mean; a high percentage may indicate an overextended move, while a low percentage indicates a tight consolidation. How to Use Ichimoku Lines Beyond the grading system, this indicator plots the standard Ichimoku lines, which are powerful tools for price action analysis: Support & Resistance: The Tenkan-sen (Conversion Line) and Kijun-sen (Base Line) act as dynamic support and resistance levels. In a strong trend, price will often respect the Tenkan-sen. In a moderate trend, it may pull back to the Kijun-sen before continuing. The Kumo (Cloud): The edges of the current cloud (Senkou Span A and B) act as major support and resistance zones. A thick cloud represents strong S/R, while a thin cloud is easily broken. Trend Identification: Generally, if the price is above the Cloud, the trend is bullish. If below, it is bearish. If the price is inside the Cloud, the market is considered to be in a noise/ranging zone. Screenshots 1. Bitcoin Daily View: Here you can see the dashboard in action. The grading system helps filter out noise by requiring all conditions to align before generating a signal. 2. Gold (XAUUSD) Example: An example of a bearish confluence where the score hit -7, triggering a sell signal as the price broke through all Ichimoku support levels. 3. Euro (EURUSD) Mixed State: This example shows a market in transition. While some metrics are positive (Green), others are negative (Red), resulting in a score of 4. This prevents premature entries during choppy market conditions. Settings Lengths: All Ichimoku periods (Tenkan, Kijun, Senkou B, Displacement) are fully customizable in the settings menu to fit your preferred timeframe or trading style (e.g., Doubled settings for crypto). Disclaimer: This tool is for educational and informational purposes only. Past performance does not guarantee future results. Always manage your risk.
Pine Script® Indikator
von abgthecoder
Filte Ichimoku1. Indicator Name Filte Ichimoku 2. One-line Introduction A smoothed and visually enhanced version of the Ichimoku Cloud that highlights trend direction and strength using adaptive color transparency. 3. General Overview Filte Ichimoku is a modernized take on the classic Ichimoku Kinko Hyo indicator, designed for traders who value clarity and minimalism while retaining core Ichimoku functionality. It calculates traditional components like Tenkan-sen, Kijun-sen, and the Senkou Span A/B, but focuses primarily on visualizing the Kumo (cloud) with enhanced styling. Instead of raw plots, Filte Ichimoku applies triple-step smoothing to both Senkou spans, creating a soft, wave-like appearance that reflects trend fluidity. The color of the cloud dynamically adapts based on whether Span A is above or below Span B (bullish/bearish), and its opacity changes according to the intensity of the trend, which is calculated relative to ATR-based volatility. By forward-shifting the plots and visually blending the cloud, the indicator helps traders quickly identify dominant trends, potential reversals, and consolidation zones. Its clean design makes it highly compatible with both traditional Ichimoku strategies and modern price action systems. 4. Key Advantages 🌥 Adaptive Ichimoku Cloud Cloud color and transparency dynamically change based on real trend strength and direction. 📊 Smoother, Cleaner Display Triple-smoothing on Senkou A and B creates a less noisy, more readable visual output. 📈 Forward Shift Preserved Maintains the traditional Ichimoku forward-shift logic, helping project future price zones. 🎨 Customizable Trend Colors Define your own bullish and bearish cloud colors for easy visual alignment with your strategy. 🚫 Noise Reduction via ATR Normalization Trend intensity is calculated relative to ATR, reducing false positives in low-volatility zones. 🔒 Lightweight & Secure Design Optimized script avoids exposure of sensitive logic while remaining fast and reliable in live charts. 📘 Indicator User Guide 📌 Basic Concept Filte Ichimoku emphasizes cloud dynamics (Kumo) to interpret market structure. Trend direction is derived from the relationship between Senkou Span A and B, while trend strength is measured by their distance relative to ATR. The smoother curves make it easier to read while preserving all Ichimoku logic. ⚙️ Settings Explained Tenkan Sen Length: Fast-moving average calculation period (default: 18) Kijun Sen Length: Medium trend baseline (default: 52) Senkou Span Length: Long-term cloud boundary (default: 104) Bull/Bear Color: Set custom colors for bullish or bearish cloud states 📈 Bullish Timing Example Senkou Span A > Span B, and the cloud appears green with high opacity Indicates strong uptrend support, especially when price is above both Tenkan and Kijun 📉 Bearish Timing Example Span B > Span A, cloud turns red and darkens Suggests bearish dominance; avoid long entries or prepare for short-side setups 🧪 Recommended Use Cases Use as a trend background layer for existing Ichimoku or price action systems Combine with breakouts, support/resistance, and momentum indicators Great for trend filtering in mid- to long-term strategies 🔒 Precautions Designed for clarity and filtering—not a standalone entry system In sideways markets, cloud may compress and color changes may become less meaningful Adjust smoothing lengths cautiously to avoid lagging during volatile swings Best results come from combining with price structure analysis
Pine Script® Indikator
von c9indicator
Ichimoku PourSamadi Signal [TradingFinder] KijunSen Magic Number🔵 Introduction The Ichimoku Kinko Hyo system is one of the most comprehensive market analysis tools ever created. Developed by Goichi Hosoda, a Japanese journalist in the 1930s, its purpose was to allow traders to recognize the balance between price, time, and momentum at a single glance. (In Japanese, Ichimoku literally means “one look.”) At the core of the system lie five key components: Tenkan-sen (Conversion Line), Kijun-sen (Baseline), Chikou Span (Lagging Line), and the two leading spans, Senkou Span A and Senkou Span B, which together form the well-known Kumo or cloud representing both temporal structure and equilibrium zones in the market. Although Ichimoku is commonly used to identify trends and support/resistance levels, a deeper layer of time philosophy exists within it. Ichimoku was not designed solely for price analysis but equally for time analysis. In the classical model, the numerical cycles 9, 26, 52 reflect the natural rhythm of the market originally based on the Tokyo Stock Exchange’s trading schedule in the 1930s. These values repeat across the system’s calculations, forming the foundation of Ichimoku’s time symmetry where price and time ultimately seek equilibrium. In recent years, modern analysts have explored new approaches to extract time-based turning points from Ichimoku’s structure. One such approach is the analysis of flat segments on the Kijun-sen and Senkou B lines. Whenever one of these lines remains flat for a period, it signals temporary balance between buyers and sellers; when the flat breaks, the market exits equilibrium and a new cycle begins. This indicator is built precisely upon that philosophy. Following the timing methodology introduced by M.A. Poursamadi, the focus shifts away from price signals and line crossovers toward identifying flat periods on Kijun-sen (period 52) as time anchors. From the first candle that changes the line’s slope, the tool begins a temporal count using a fixed sequence of key numbers: 5, 9, 13, 17, 26, 35, 43, 52, 63, 72, 81, 90. Derived from both classical Ichimoku cycles and empirical testing, these numbers mark potential timing nodes where a market wave may end, a correction may begin, or a new leg may form. Thus, this method serves not merely as another Ichimoku tool but as a temporal metronome for market structure a way to visualize moments when the market is ready to change rhythm, often before candles reveal it. 🔵 How to Use The Kijun Timing BoX is built entirely on Ichimoku’s concept of time analysis. Its core idea is that within every flat segment of the Kijun-sen, the market enters a temporary balance between opposing forces. When that flat breaks, a new time cycle begins. From that first breakout candle, the indicator starts counting forward through the predefined time sequence(5, 9, 13, 17, 26, 35, 43, 52, 63, 72, 81, 90). This counting framework creates a temporal map of market behavior, where each number represents an area where meaningful price fluctuations often occur. A “meaningful fluctuation” does not necessarily imply reversal or continuation; rather, it marks a moment when the market’s internal energy balance shifts, typically visible as noticeable reactions on lower timeframes. 🟣 Identifying the Anchor Point The first step is recognizing a valid flat zone on the Kijun-sen. When this line remains flat for several candles and then changes slope, the indicator marks that bar as the Anchor, initiating the time count. From that point onward, vertical gray lines appear at each interval in the key-number sequence, visualizing the time nodes ahead. 🟣 Reading the Timing Lines Each numbered line represents a timing node a temporal point where a change in price rhythm is statistically more likely to occur. At these nodes, the market may : Enter a consolidation or minor correction phase. Develop range-bound movement. Or simply alter the speed and intensity of its move. These behaviors do not imply a specific direction; they only highlight zones where time-based activity tends to cluster, giving traders a clearer view of cyclical rhythm. 🟣 Applying Time Analysis The indicator’s primary use is to observe temporal order, not to predict price direction. By tracking the distance between Anchors and the reactions that appear near major timing lines, traders can empirically identify each market’s characteristic rhythm—its own time DNA. For example, one asset may consistently show significant fluctuations around the 13- and 26-bar marks,while another might react closer to 9 or 52. Recognizing such patterns helps traders understand how long typical cycles last before new phases of volatility emerge. 🟣 Combining with Other Tools The indicator does not generate buy/sell signals on its own. Its best use is in combination with price- or structure-based methods, to see whether meaningful price reactions occur around the same timing nodes. In practice, it helps distinguish structured time-based fluctuations from random, noise-driven moves an insight often overlooked in conventional market analysis. 🔵 Settings 🟣 Logical Settings KijunSen Period : Defines the baseline period used for timing analysis. Default = 52. It is the main line for detecting flats and generating time anchors. Flat Event Filter : Controls how flat segments are validated before triggering a new timing event. All : Every flat triggers a new Timing Box. Automatic : Only flats longer than the historical average are used (recommended). Custom : User manually defines the minimum flat length via Custom Count. Update Timing Analysis BoX Per Event : If enabled, a new Timing Box is drawn each time a new flat event occurs. If disabled, the box completes its 90-bar window before refreshing. 🟣 Ichimoku Settings TenkanSen Period : Defines the period for the Conversion Line (Tenkan-sen). Default = 9. KijunSen Period : Sets the standard Ichimoku baseline (not the timing line). Default = 26. Span B Period : Defines the period for Senkou Span B, the slower cloud boundary. Default = 52. Shift Lines : Offsets cloud projection into the future. Default = 26. 🟣 Display Settings Users can show or hide all Ichimoku lines Tenkan-sen, Kijun-sen, Chikou Span, Span A, and Span B as well as the Ichimoku Cloud. They can also customize the color of each element to match personal chart preferences and improve visibility. 🔵 Conclusion This analytical approach transforms Ichimoku’s time philosophy into a visual and measurable framework. A flat Kijun-sen represents a moment of market equilibrium; when its slope shifts, a new temporal cycle begins. The purpose is not to forecast price direction but to highlight periods when meaningful fluctuations are more likely to develop. Through this perspective, traders can observe the hidden rhythm of market time and expand their analysis beyond price into a broader time-cycle dimension. Ultimately, the method revives Ichimoku’s original principle: the market can only be truly understood through the simultaneous harmony of price, time, and balance.
Pine Script® Indikator
von TFlab
4
Ichimoku Cloud Signals [sgbpulse] Ichimoku Cloud Signals – Your Advanced Trading Tool Meet Ichimoku Cloud Signals, the enhanced and interactive version of the classic Ichimoku Cloud indicator, designed specifically for TradingView traders seeking precision and flexibility in their trading decisions. This indicator allows you to maximize the Ichimoku's potential by customizing trend criteria, receiving clear visual signals for entering and exiting positions, and getting alerts to keep you informed. Introduction to the Ichimoku Cloud The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a comprehensive technical analysis tool developed in Japan. It provides a broad view of the market: trend direction, momentum, and support and resistance levels. "Ichimoku Cloud Signals" takes this power and amplifies it with advanced features. Key Components of the Ichimoku Cloud The indicator displays all five familiar Ichimoku lines, along with the "Cloud" (Kumo): Tenkan-sen (Conversion Line): Calculated as the average of the highest high and lowest low over the past 9 periods. A fast, short-term indicator used as a measure of immediate momentum. Kijun-sen (Base Line): Calculated as the average of the highest high and lowest low over the past 26 periods. A medium-term reference line serving as a significant support/resistance level. Senkou Span A (Leading Span A): The average of the Tenkan-sen and Kijun-sen, shifted 26 periods forward into the future. Senkou Span B (Leading Span B): The average of the highest high and lowest low over the past 52 periods, also shifted 26 periods forward into the future. Kumo (Cloud): The area between Senkou Span A and Senkou Span B. Its color changes: green for an uptrend (when Senkou Span A is above Senkou Span B) and red for a downtrend (when Senkou Span B is above Senkou Span A). The Cloud serves as a dynamic area of support/resistance and a tool for forecasting future trends. Chikou Span (Lagging Span): The current closing price, shifted 26 periods backward into the past. It serves as a powerful trend confirmation tool. How the Ichimoku Cloud Works and How to Interpret It Trend Identification : - Uptrend (Bullish): The price is above the Cloud. The higher the price is above the Cloud, the stronger the trend. - Downtrend (Bearish): The price is below the Cloud. The lower the price is below the Cloud, the stronger the trend. - Range/Consolidation: The price is within the Cloud. This indicates a market without a clear direction or one that is consolidating. Support and Resistance: - The Cloud itself acts as a dynamic area of support and resistance. In an uptrend, the Cloud serves as support. In a downtrend, it serves as resistance. - A thick Cloud indicates stronger support/resistance levels, while a thin Cloud indicates weaker levels. The Cloud as a Predictive Indicator: The uniqueness of the Kumo (Cloud) lies in its ability to be shifted 26 periods forward. This part of the Cloud provides forecasts for future support and resistance levels and even suggests expected trend changes (like a "Kumo Twist" – a change in Cloud color), giving you a planning advantage. Unique Advantages of Ichimoku Cloud Signals: Ichimoku Cloud Signals takes the classic Ichimoku principles and gives you unprecedented control: Focused Trend Selection: Choose whether you want to analyze a bullish (uptrend) or bearish (downtrend) trend. The indicator will focus on the relevant criteria for your selection. Customizable Trend Confirmation Criteria (8 Criteria): The indicator relies on 8 key criteria for clear trend confirmation. You can enable or disable each criterion individually based on your trading strategy and desired risk level. Each criterion plays a vital role in confirming the strength of the trend: - Price position relative to the Cloud (Kumo) (Default: true): Determines the main trend direction and whether it's bullish or bearish. - Price position relative to Kijun-sen (Base Line) (Default: true): Indicates the medium-term trend and acts as a critical equilibrium level. - Price position relative to Tenkan-sen (Conversion Line) (Default: false): Provides quick confirmation of current momentum and short-term market changes. - Tenkan-sen (Conversion Line) / Kijun-sen (Base Line) Crossover (Default: true): A classic signal for momentum change, crucial for identifying entry points. - Current Cloud trend (Kumo) (Default: false): Cloud color confirms the main trend direction in real-time. - Projected Future Cloud trend (Kumo) (Default: true): Indicates an expected future change in the Cloud's trend, providing strong visual insight. - Chikou Span (Lagging Span) position relative to the Cloud (Kumo) (Default: true): Confirms the current trend strength by comparing the price to the Ichimoku 26 periods ago. - Chikou Span (Lagging Span) position relative to the Price (Default: false): Additional confirmation of trend strength, indicating buyer/seller dominance. Full Customization of Ichimoku Parameters: You can change the period lengths for each Ichimoku component, depending on your strategy: - Conversion Line Length (Default: 9) - Base Line Length (Default: 26) - Leading Span Length (Default: 52) - Cloud Lagging Length (Default: 26) - Lagging Span Length (Default: 26) Visual Criteria Table on the Chart: Get immediate and clear feedback! A visual table is placed on the chart, showing in real-time which of the 8 criteria you have defined are met for your chosen trend. Criteria you have enabled will be highlighted with a blue color and a "➤" symbol, while disabled criteria will appear in a subtle gray shade. For each criterion, the table shows its real-time status with a "✔" symbol if the condition is met and an "✘" symbol if it is not met. This powerful visual tool provides a quick assessment, helps with learning, and allows for strategy optimization at the click of a button. Precise Criteria Details in the Data Window: Beyond the visual table, the indicator provides an additional critical layer of detail: for any point on the chart, you can hover over a candle and see in TradingView's Data Window the precise status and values of all eight criteria. For each criterion, you'll see a clear numerical value (1 or 0) indicating whether it's fully met (1) or not met (0). Additionally, you can inspect the exact numerical values of the Ichimoku lines (Tenkan-sen, Kijun-sen, etc.) at that specific moment. This comprehensive data supports in-depth analysis, strategy debugging, and long-term optimization, providing complete transparency regarding every component of the signal. Smart and Customizable Alerts: Ichimoku Cloud Signals provides a powerful alert system to keep you informed of key market movements, so you never miss an opportunity. There are eight unique alerts you can enable in TradingView's alert panel: Uptrend Entry Alert: Triggers when all of your selected criteria for an uptrend are met on a new candle. Uptrend Exit Alert: Triggers when one of your selected uptrend criteria is no longer met, signaling a potential exit point. Downtrend Entry Alert: Triggers when all of your selected criteria for a downtrend are met on a new candle. Downtrend Exit Alert: Triggers when one of your selected downtrend criteria is no longer met, signaling a potential exit point. Bullish Crossover Alert: Triggers when the Conversion Line (Tenkan-sen) crosses above the Base Line (Kijun-sen), a classic signal for an upward momentum shift. Bearish Crossover Alert: Triggers when the Conversion Line (Tenkan-sen) crosses below the Base Line (Kijun-sen), signaling a potential shift to downward momentum. Bullish Cloud Breakout Alert: Triggers when the price closes above the Ichimoku Cloud (Kumo), indicating a strong bullish trend. Bearish Cloud Breakout Alert: Triggers when the price closes below the Ichimoku Cloud (Kumo), indicating a strong bearish trend. Each alert can be independently configured in TradingView's alert panel, allowing you to tailor your notifications to fit your exact trading strategy and risk management preferences. Summary: Ichimoku Cloud Signals is an essential tool for TradingView traders seeking control, clarity, and precision. It combines the power of the classic Ichimoku Cloud indicator with advanced customization capabilities, a convenient visual table, and clear signals, empowering you to make informed trading decisions and stay focused on managing your positions. Important Note: Trading Risk This indicator is intended for educational and informational purposes only and does not constitute investment advice or a recommendation for trading in any form whatsoever. Trading in financial markets involves significant risk of capital loss. It is important to remember that past performance is not indicative of future results. All trading decisions are your sole responsibility. Never trade with money you cannot afford to lose.
Pine Script® Indikator
von sgbpulse
Dynamic Support|Resistance SSA & SSBHello, traders. I offer you an indicator to complement the Ichimoku Kinho Hyo trading system. This indicator determines possible dynamic resistance and support levels based on pivots and end points of the Senkou Span A and Senkou Span B lines. You determine the pivots yourself, choosing how many bars back to look for HIGH and LOW. Attention! Unlike the classical theory of Goichi Hosoda: the levels are dynamic, that is, they change values ​​with each new bar! Also added is the MTF function for displaying levels from different time frames.
Pine Script® Indikator
von YSVTraid
3
Goichi Hosoda TheoryGreetings to traders. I offer you an indicator for trading according to the Ichimoku Kinho Hyo trading system. This indicator determines possible time cycles of price reversal and expected asset price values ​​based on the theory of waves and time cycles by Goichi Hosoda. The indicator contains classic price levels N, V, E and NT, and is supplemented with intermediate levels V+E, V+N, N+NT and x2, x3, x4 for levels V and E, which are used in cases where the wave does not contain corrections and there is no possibility to update the impulse-corrective wave. A function for counting bars from points A B and C has also been added.
Pine Script® Indikator
von YSVTraid
15
Ichimoku Score Indicator [tanayroy]The Ichimoku Cloud is a comprehensive indicator that provides a clear view of market states through five key components. By analyzing the interaction between these components and the asset's price, traders can gain insights into trend direction, momentum, and potential reversals. Introducing the Ichimoku Score System I have developed a scoring system that quantifies these interactions, offering an objective method to evaluate market conditions. The score is calculated based on the relative positioning of Ichimoku components, with adjustable weightings via user input. Scoring Criteria Each component contributes to the overall score as follows: Price vs. Cloud (Kumo) & Other Components Price vs. Kumo → 2 Points Price vs. Kumo Shadow → 0.5 Points Tenkan vs. Kijun Tenkan vs. Kijun → 2 Points Tenkan vs. Kumo → 0.5 Points Kijun vs. Kumo → 0.5 Points Tenkan Slope → 0.5 Points Kijun Slope → 0.5 Points Chikou Span Interactions Price vs. Chikou → 2 Points Chikou vs. Kumo → 0.5 Points Chikou Consolidation → 0.5 Points Senkou Span Analysis Senkou A vs. Senkou B → 2 Points Senkou Slope → 0.5 Points Price vs. Key Levels Price vs. Tenkan → 2 Points Price vs. Kijun → 2 Points Interpreting the Score The aggregate score functions as an oscillator, fluctuating between a range of ±16.0. A higher score indicates strong bullish momentum. A lower score suggests bearish market conditions. To enhance readability and smooth fluctuations, a 9-period SMA is applied to the score. Application in Algorithmic Trading This scoring system helps integrate Ichimoku Cloud principles into algorithmic trading strategies by providing a structured and quantifiable method for assessing market conditions. Would love to hear your feedback! 🚀 Let me know how this system works for you.
Pine Script® Indikator
von tanayroy
3
Ichimoku ACE ClubA. Overview: This script is a custom implementation of the Ichimoku Cloud indicator for the TradingView platform, built using Pine Script version 4. It adds additional features like custom "Knife" lines and circle markers for specific data points. The indicator overlays on the chart and plots various elements of the Ichimoku system, including the Tenkan, Kijun, Chikou, and Kumo Cloud. B. Inputs: 1. Tenkan (TS): This is the short-term moving average line (default period: 9). 2. Kijun (KJ): This is the medium-term moving average line (default period: 17). 3. Knife1 (K1): This line is based on a longer-term moving average (default period: 65). 4. Knife2 (K2): Another long-term moving average line (default period: 129). 5. Chikou Displacement (Chikou_Disp): The Chikou Span is plotted with a delay of 26 periods by default. 6. Displacement (disp): Determines the horizontal shift of the Kumo cloud. C. Functions: - `donchian(len)`: This function calculates the Donchian channel, which is the average of the highest high and the lowest low over the given period (len). - `mf(len, offset)`: This function calculates the highest high and the lowest low over the given period, with an offset applied. D. Plots: 1. Tenkan, Kijun, Knife1, and Knife2: These are plotted as lines with different colors and thicknesses. - Tenkan is blue. - Kijun is red. - Knife1 is yellow. - Knife2 is orange. 2. Chikou Span: This is plotted with a displacement and shown in purple. 3. Kumo Cloud: The cloud is formed by plotting two lines, Span A (green) and Span B (magenta), which represent the top and bottom of the cloud, respectively. The space between these lines is filled with a semi-transparent color, either green or magenta, depending on the relative position of the two spans. E. Circle Markers: - Additional circle markers are plotted for each of the Tenkan, Kijun, Knife1, and Knife2 lines at various offsets, helping to visualize the historical data points for each of these indicators. These circles are color-coded according to the line they correspond to. F. Customization: - The indicator allows customization of the lengths (periods) for Tenkan, Kijun, Knife1, Knife2, and other components via the script's input fields. G. Conclusion: This Ichimoku-based indicator provides a detailed view of the market's trend strength and direction. It offers a unique addition with the Knife lines and visual aids like circle markers for specific periods, which helps traders make better-informed decisions based on Ichimoku analysis. --- You can modify the parameters such as `TS`, `KJ`, `K1`, `K2`, and `disp` according to your trading preferences. The colors and line thicknesses can also be adjusted for better visual representation.
Pine Script® Indikator
von binhmyco
Equilibrium Candles + Pattern [Honestcowboy]The Equilibrium Candles is a very simple trend continuation or reversal strategy depending on your settings. How an Equilibrium Candle is created: We calculate the equilibrium by measuring the mid point between highest and lowest point over X amount of bars back. This now is the opening price for each bar and will be considered a green bar if price closes above equilibrium. Bars get shaded by checking if regular candle close is higher than open etc. So you still see what the normal candles are doing. Why are they useful? The equilibrium is calculated the same as Baseline in Ichimoku Cloud. Which provides a point where price is very likely to retrace to. This script visualises the distance between close and equilibrium using candles. To provide a clear visual of how price relates to this equilibrium point. This also makes it more straightforward to develop strategies based on this simple concept and makes the trader purely focus on this relationship and not think of any Ichimoku Cloud theories. Script uses a very simple pattern to enter trades: It will count how many candles have been one directional (above or below equilibrium) Based on user input after X candles (7 by default) script shows we are in a trend (bg colors) On the first pullback (candle closes on other side of equilibrium) it will look to enter a trade. Places a stop order at the high of the candle if bullish trend or reverse if bearish trend. If based on user input after X opposite candles (2 by default) order is not filled will cancel it and look for a new trend. Use Reverse Logic: There is a use reverse logic in the settings which on default is turned on. It will turn long orders into short orders making the stop orders become limit orders. It will use the normal long SL as target for the short. And TP as stop for the short. This to provide a means to reverse equity curve in case your pair is mean reverting by nature instead of trending. ATR Calculation: Averaged ATR, which is using ta.percentile_nearest_rank of 60% of a normal ATR (14 period) over the last 200 bars. This in simple words finds a value slightly above the mean ATR value over that period. Big Candle Exit Logic: Using Averaged ATR the script will check if a candle closes X times that ATR from the equilibrium point. This is then considered an overextension and all trades are closed. This is also based on user input. Simple trade management logic: Checks if the user has selected to use TP and SL, or/and big candle exit. Places a TP and SL based on averaged ATR at a multiplier based on user Input. Closes trade if there is a Big Candle Exit or an opposite direction signal from indicator. Script can be fully automated to MT5 There are risk settings in % and symbol settings provided at the bottom of the indicator. The script will send alert to MT5 broker trying to mimic the execution that happens on tradingview. There are always delays when using a bridge to MT5 broker and there could be errors so be mindful of that. This script sends alerts in format so they can be read by tradingview.to which is a bridge between the platforms. Use the all alert function calls feature when setting up alerts and make sure you provide the right webhook if you want to use this approach. There is also a simple buy and sell alert feature if you don't want to fully automate but still get alerts. These are available in the dropdown when creating an alert. Almost every setting in this indicator has a tooltip added to it. So if any setting is not clear hover over the (?) icon on the right of the setting. The backtest uses a 4% exposure per trade and a 10 point slippage. I did not include a commission cause I'm not personaly aware what the commissions are on most forex brokers. I'm only aware of minimal slippage to use in a backtest. Trading conditions vary per broker you use so always pay close attention to trading costs on your own broker. Use a full automation at your own risk and discretion and do proper backtesting.
Pine Script® Strategie
von Honestcowboy
Advanced Fully Reversed Candles with Reversed IchimokuThe "Advanced Fully Reversed Candles with Reversed Ichimoku" indicator is a sophisticated tool designed for traders who seek a unique perspective on market dynamics. This innovative indicator not only reverses the traditional candlestick chart but also inverts the Ichimoku Cloud components, providing a comprehensive view of the market's inverted behavior. Key Features: Reversed Candlestick Chart: The indicator recalculates the OHLC (Open, High, Low, Close) prices by reversing them along the price axis. This means that what typically would be an upward movement is displayed as a downward movement, and vice versa. This reversal provides an alternative view that can help traders identify hidden patterns and potential reversal points that might not be obvious on a standard chart. Reversed Ichimoku Cloud: All components of the Ichimoku Cloud indicator are recalculated based on the reversed price data. This includes: Tenkan-sen (Conversion Line): Reversed based on the highest and lowest prices over the specified period. Kijun-sen (Base Line): Reversed in a similar manner to the Tenkan-sen, providing a medium-term perspective on price trends. Senkou Span A (Leading Span A): Reversed to form one boundary of the Kumo (cloud), offering insight into future support and resistance levels. Senkou Span B (Leading Span B): Reversed to form the other boundary of the Kumo, complementing Senkou Span A. Chikou Span (Lagging Span): Reversed and plotted backward for additional confirmation of trend direction and strength. Dynamic Price Range Calculation: The indicator dynamically calculates the maximum and minimum prices over the last 500 bars (or the available range if fewer bars are present). This ensures that the reversal is always based on the most relevant data, providing accurate and up-to-date visualizations. Visual Enhancements: The reversed candlesticks are color-coded for easy interpretation: green for upward movements and red for downward movements, based on the reversed data. The Ichimoku Cloud is filled with semi-transparent colors to clearly distinguish between bullish and bearish conditions even in its reversed state. Debugging Aids: For transparency and accuracy, the indicator plots the maximum and minimum price lines used for the reversal calculations. This allows users to verify the internal workings of the indicator and ensure the reversal logic is correctly applied. Usage: This indicator is ideal for advanced traders and analysts who want to explore market behavior from an unconventional angle. By reversing both the candlestick chart and the Ichimoku Cloud, it provides a unique perspective that can uncover new trading opportunities and enhance market analysis. Customization: Users can customize the periods for the Tenkan-sen, Kijun-sen, and Senkou Span B, as well as the displacement for the Ichimoku Cloud. This flexibility allows traders to adapt the indicator to their specific trading strategies and timeframes. Conclusion: The "Advanced Fully Reversed Candles with Reversed Ichimoku" indicator is a powerful tool that transforms traditional market analysis. By inverting both price movements and key technical indicators, it opens up a new dimension of trading insights, helping traders to see the market in a completely different light. Parameters: Tenkan-sen period (default: 9) Kijun-sen period (default: 26) Senkou Span B period (default: 52) Displacement (default: 26) How to Apply: Add the script to your TradingView account via the Pine Editor. Customize the parameters according to your trading strategy. Analyze the reversed candlestick chart and Ichimoku Cloud to gain unique insights into market trends and potential reversal points.
Pine Script® Indikator
von sayhibro
4
Ichimoku Theories [LuxAlgo]The Ichimoku Theories indicator is the most complete Ichimoku tool you will ever need. Four tools combined into one to harness all the power of Ichimoku Kinkō Hyō. This tool features the following concepts based on the work of Goichi Hosoda: Ichimoku Kinkō Hyō: Original Ichimoku indicator with its five main lines and kumo. Time Theory: automatic time cycle identification and forecasting to understand market timing. Wave Theory: automatic wave identification to understand market structure. Price Theory: automatic identification of developing N waves and possible price targets to understand future price behavior. 🔶 ICHIMOKU KINKŌ HYŌ Ichimoku with lines only, Kumo only and both together Let us start with the basics: the Ichimoku original indicator is a tool to understand the market, not to predict it, it is a trend-following tool, so it is best used in trending markets. Ichimoku tells us what is happening in the market and what may happen next, the aim of the tool is to provide market understanding, not trading signals. The tool is based on calculating the mid-point between the high and low of three pre-defined ranges as the equilibrium price for short (9 periods), medium (26 periods), and long (52 periods) time horizons: Tenkan sen: middle point of the range of the last 9 candles Kinjun sen: middle point of the range of the last 26 candles Senkou span A: middle point between Tankan Sen and Kijun Sen, plotted 26 candles into the future Senkou span B: midpoint of the range of the last 52 candles, plotted 26 candles into the future Chikou span: closing price plotted 26 candles into the past Kumo: area between Senkou pans A and B (kumo means cloud in Japanese) The most basic use of the tool is to use the Kumo as an area of possible support or resistance. 🔶 TIME THEORY Current cycles and forecast Time theory is a critical concept used to identify historical and current market cycles, and use these to forecast the next ones. This concept is based on the Kihon Suchi (translating to "Basic Numbers" in Japanese), these are 9 and 26, and from their combinations we obtain the following sequence: 9, 17, 26, 33, 42, 51, 65, 76, 129, 172, 200, 257 The main idea is that the market moves in cycles with periods set by the Kihon Suchi sequence. When the cycle has the same exact periods, we obtain the Taito Suchi (translating to "Same Number" in Japanese). This tool allows traders to identify historical and current market cycles and forecast the next one. 🔹 Time Cycle Identification Presentation of 4 different modes: SWINGS, HIGHS, KINJUN, and WAVES . The tool draws a horizontal line at the bottom of the chart showing the cycles detected and their size. The following settings are used: Time Cycle Mode: up to 7 different modes Wave Cycle: Which wave to use when WAVE mode is selected, only active waves in the Wave Theory settings will be used. Show Time Cycles: keep a cleaner chart by disabling cycles visualisation Show last X time cycles: how many cycles to display 🔹 Time Cycle Forecast Showcasing the two forecasting patterns: Kihon Suchi and Taito Suchi The tool plots horizontal lines, a solid anchor line, and several dotted forecast lines. The following settings are used: Show time cycle forecast: to keep things clean Forecast Pattern: comes in two flavors Kihon Suchi plots a line from the anchor at each number in the Kihon Suchi sequence. Taito Suchi plot lines from the anchor with the same size detected in the anchored cycle Anchor forecast on last X time cycle: traders can place the anchor in any detected cycle 🔶 WAVE THEORY All waves activated with overlapping The main idea behind this theory is that markets move like waves in the sea, back and forth (making swing lows and highs). Understanding the current market structure is key to having realistic expectations of what the market may do next. The waves are divided into Simple and Complex. The following settings are used: Basic Waves: allows traders to activate waves I, V and N Complex Waves: allows traders to activate waves P, Y and W Overlapping waves: to avoid missing out on any of the waves activated Show last X waves: how many waves will be displayed 🔹 Basic Waves The three basic waves The basic waves from which all waves are made are I, V, and N I wave: one leg moves V wave: two legs move, one against the other N wave: Three legs move, push, pull back, and another push 🔹 Complex Waves Three complex waves There are other waves like P wave: contracting market Y wave: expanding market W wave: double top or double bottom 🔶 PRICE THEORY All targets for the current N wave with their calculations This theory is based on identifying developing N waves and predicting potential price targets based on that developing wave. The tool displays 4 basic targets (V, E, N, and NT) and 3 extended targets (2E and 3E) according to the calculations shown in the chart above. Traders can enable or disable each target in the settings panel. 🔶 USING EVERYTHING TOGETHER Please DON'T do this. This is not how you use it Now the real example: Daily chart of Nasdaq 100 futures (NQ1!) with our Ichimoku analysis Time, waves, and price theories go together as one: First, we identify the current time cycles and wave structure. Then we forecast the next cycle and possible key price levels. We identify a Taito Suchi with both legs of exactly 41 candles on each I wave, both together forming a V wave, the last two I waves are part of a developing N wave, and the time cycle of the first one is 191 candles. We forecast this cycle into the future and get 22nd April as a key date, so in 6 trading days (as of this writing) the market would have completed another Taito Suchi pattern if a new wave and time cycle starts. As we have a developing N wave we can see the potential price targets, the price is actually between the NT and V targets. We have a bullish Kumo and the price is touching it, if this Kumo provides enough support for the price to go further, the market could reach N or E targets. So we have identified the cycle and wave, our expectations are that the current cycle is another Taito Suchi and the current wave is an N wave, the first I wave went for 191 candles, and we expect the second and third I waves together to amount to 191 candles, so in theory the N wave would complete in the next 6 trading days making a swing high. If this is indeed the case, the price could reach the V target (it is almost there) or even the N target if the bulls have the necessary strength. We do not predict the future, we can only aim to understand the current market conditions and have future expectations of when (time), how (wave), and where (price) the market will make the next turning point where one side of the market overcomes the other (bulls vs bears). To generate this chart, we change the following settings from the default ones: Swing length: 64 Show lines: disabled Forecast pattern: TAITO SUCHI Anchor forecast: 2 Show last time cycles: 5 I WAVE: enabled N WAVE: disabled Show last waves: 5 🔶 SETTINGS Show Swing Highs & Lows: Enable/Disable points on swing highs and swing lows. Swing Length: Number of candles to confirm a swing high or swing low. A higher number detects larger swings. 🔹 Ichimoku Kinkō Hyō Show Lines: Enable/Disable the 5 Ichimoku lines: Kijun sen, Tenkan sen, Senkou span A & B and Chikou Span. Show Kumo: Enable/Disable the Kumo (cloud). The Kumo is formed by 2 lines: Senkou Span A and Senkou Span B. Tenkan Sen Length: Number of candles for Tenkan Sen calculation. Kinjun Sen Length: Number of candles for the Kijun Sen calculation. Senkou Span B Length: Number of candles for Senkou Span B calculation. Chikou & Senkou Offset: Number of candles for Chikou and Senkou Span calculation. Chikou Span is plotted in the past, and Senkou Span A & B in the future. 🔹 Time Theory Show Time Cycle Forecast: Enable/Disable time cycle forecast vertical lines. Disable for better performance. Forecast Pattern: Choose between two patterns: Kihon Suchi (basic numbers) or Taito Suchi (equal numbers). Anchor forecast on last X time cycle: Number of time cycles in the past to anchor the time cycle forecast. The larger the number, the deeper in the past the anchor will be. Time Cycle Mode: Choose from 7 time cycle detection modes: Tenkan Sen cross, Kijun Sen cross, Kumo change between bullish & bearish, swing highs only, swing lows only, both swing highs & lows and wave detection. Wave Cycle: Choose which type of wave to detect from 6 different wave types when the time cycle mode is set to WAVES. Show Time Cycles: Enable/Disable time cycle horizontal lines. Disable for better performance. how last X time cycles: Maximum number of time cycles to display. 🔹 Wave Theory Basic Waves: Enable/Disable the display of basic waves, all at once or one at a time. Disable for better performance. Complex Waves: Enable/Disable complex wave display, all at once or one by one. Disable for better performance. Overlapping Waves: Enable/Disable the display of waves ending on the same swing point. Show last X waves: 'Maximum number of waves to display. 🔹 Price Theory Basic Targets: Enable/Disable horizontal price target lines. Disable for better performance. Extended Targets: Enable/Disable extended price target horizontal lines. Disable for better performance.
Pine Script® Indikator
von LuxAlgo
45
Banded Chikou Breakout — Quantifying Ichimoku MomentumTitle: Banded Chikou Breakout — Quantifying Ichimoku Momentum Overview: Banded Chikou Breakout (BCB) is a unique, algorithmic script designed to augment the capabilities of traders seeking substantial breakout opportunities. Constructed on the robust principles of the Ichimoku trading strategy, BCB is designed to quantify and filter the Chikou Span's significant breakouts above or below the price action. This script does not aim to replace the Ichimoku system; instead, it enhances it, providing an optimized tool for momentum trading. Rationale: Ichimoku traders often scrutinize the Chikou Span's position relative to price action to identify market trends. However, determining whether the Chikou Span is above or below due to a genuine trend or mere market noise can be challenging in choppy markets. BCB resolves this predicament by offering a unique way to interpret the Chikou Span's movement. It does so by quantifying the Chikou Span's momentum and utilizing Bollinger Bands to determine its significance. By effectively differentiating substantial movements from the insignificant, BCB can help traders better navigate the market and increase their potential for profitable trades. How it Works: BCB combines three key elements: a Momentum Script (simulating Chikou Span), a Bollinger Band Script, and a Timeframe Switcher, all working together to provide a refined trading perspective. Momentum Script: Calculates the price difference between the current price and the price 'n' periods ago, transforming the Chikou Span into a quantifiable momentum value that signifies the strength and speed of a market move. Bollinger Band Script: Computes a Simple Moving Average (SMA) around the momentum, plotting two 'bands' at a specified standard deviation from this SMA. This functionality allows traders to discern when the Chikou Span's momentum is abnormally high or low, signifying a potential significant breakout. Timeframe Switcher: This feature lets traders apply the BCB script to a different timeframe from the one they are currently viewing. This capability can help traders identify higher timeframe breakouts and trade them with precision on the lower timeframe. How to Use: BCB is designed to complement the Ichimoku strategy for effective breakout identification. Add the BCB script to your trading chart. It plots the momentum (yellow line) and Bollinger Bands (green lines) with the area between the bands shaded blue. Utilize the Ichimoku strategy to identify larger and smaller timeframe trends. Optional: Leverage the timeframe switcher to synchronize your trades with higher timeframe trends while operating on lower timeframes. If the BCB momentum line crosses the upper Bollinger Band while the Ichimoku indicates a bullish trend, it signifies a potential significant upward breakout. Similarly, a cross below the lower band during a bearish trend could denote a significant downward breakout. Remember, without the context provided by the Ichimoku system's trend analysis, BCB can yield false breakouts. It is, therefore, crucial to use these tools in tandem. I like to check for an Ichimoku trend on the 4H and 1H charts, and then use BCB on charts <60 minutes to capture trends with precision.
Pine Script® Indikator
von ichimokucorner
Volume Spread Analysis IchimokuThis version of the popular Ichimoku indicator is modified to let the user choose between his classic mode and the volume-weighted mode. Every line of the indicator is customizable with this function. The Kijun and Tenkan lines are choosable from: 1. The normal version, so the average of the high and the low of the selected period 2. The volume mode, so the average price of the selected input ponderated to the volume The Senkau Span A is the average from the Kijun (fast line) and the Tenkan (slow line) lines and it's choosable from: 1. The normal price version 2. The volume mode 3. The average between points 1 and 2 4. The automatic average between the two fast lines that you've chosen The Senkau Span B is the slowest line of the indicator, used to determine the long-term trend, and can be chosen from: 1. The normal average price between the high and the low of the selected period 2. The volume average price, using the Volume Weighted Moving Average The Trama Backline is the popular "LUX Algo" T.R.A.M.A. indicator, which I'm thankful for, and can be fantastically used to display the current trend strength and condition. This line is readable in the following way: - If the line is moving sideways, the trend may be in a consolidation phase - If the line is moving upwards or downwards, the trend may be in a trend phase
Pine Script® Indikator
von OmegaTools
3
Ichimoku Cloud and ADX with Trailing Stop Loss (by Coinrule)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 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. The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in. The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line. The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up. The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down. DMI is simple to interpret. When +DI > - DI, it means the price is trending up. On the other hand, when -DI > +DI, the trend is weak or moving on the downside. The ADX does not give an indication of the direction but about the strength of the trend. Typically values of ADX above 25 mean that the trend is steeply moving up or down, based on the -DI and +DI positioning. This script aims to capture swings in the DMI, and thus, in the trend of the asset, using a contrarian approach. Trading on high values of ADX, the strategy tries to spot extremely oversold and overbought conditions. Values of ADX above 45 may suggest that the trend has overextended and is maybe about to reverse. This strategy combines the Ichimoku Cloud with the ADX indicator to better enter trades. Long orders are placed when these basic signals are triggered. Long Position: Tenkan-Sen is above the Kijun-Sen Chikou-Span is above the close of 26 bars ago Close is above the Kumo Cloud MACD line crosses over the signal line -DI is greater than +DI ADX is greater than 45 Close Position: 3% increase trailing 3% decrease trailing The script is backtested from December 2022 and provides good returns. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
Pine Script® Strategie
von Coinrule
ABC_caluculator for Ichimoku Kinko Hyo(IKH) usersThis tool is using for calculating Target Value(N,V,E prices) by only clicking on a chart. There is several points which makes it better. Decrease the number of times of clicking. Calculator needs a reset button, it's like loop structure. Push the reset and function again. Plot percentages which it compare closing price and Target Value(N,V,E prices) on a chart. Plot loss cut points from evaluating risk/returns. My question is also written down precisely here !!!!! ↓ stackoverflow.com
Pine Script® Indikator
von Top_Amelia
1
iMoku (Ichimoku Complete Tool) - The Quant Science iMoku™ is a professional all-in-one solution for the famous Ichimoku Kinko Hyo indicator. The algorithm includes: 1. Backtesting spot 2. Visual tool 3. Auto-trading functions With iMoku you can test four different strategies. Strategy 1: Cross Tenkan Sen - Kijun Sen A long position is opened with 100% of the invested capital ($1000) when "Tenkan Sen" crossover "Kijun Sen". Closing the long position on the opposite condition. There are 3 different strength signals for this strategy: weak, normal, strong. Weak : the signal is weak when the condition is true and the price is above the 'Kumo' Normal : the signal is normal when the condition is true and the price is within the 'Kumo' Strong : the signal is strong when the condition is true and the price is below the 'Kumo' Strategy 2: Cross Price - Kijun Sen A long position is opened with 100% of the invested capital ($1000) when the price crossover the 'Kijun Sen'. Closing the long position on the opposite condition. There are 3 different strength signals for this strategy: weak, normal, strong. Weak : the signal is weak when the condition is true and the price is above the 'Kumo' Normal : the signal is normal when the condition is true and the price is inside the 'Kumo' Strong : the signal is strong when the condition is true and the price is below the 'Kumo' Strategy 3: Kumo Breakout A long position is opened with 100% of the invested capital ($1000) when the price breakup the 'Kumo'. Closing the long position with a percentage stop loss and take profit on the invested capital. Strategy 4: Kumo Twist A long position is opened with 100% of the invested capital ($1000) when the 'Kumo' goes from negative to positive (called "Twist"). Closing the long position on the opposite condition. There are 2 different strength signals for this strategy: weak, and strong. Weak : the signal is weak when the condition is true and the price is above the 'Kumo' Strong : the signal is strong when the condition is true and the price is below the 'Kumo' This script is compliant with algorithmic trading. You can use this script with trading terminals such as 3Commas or CryptoHopper. Connecting this script is very easy. 1. Enter the user interface 2. Select and activate a strategy 3. Copy your bot's links into the dedicated fields 4. Create and activate alert Disclaimer: algorithmic trading involves risk, the user should consider aspects such as slippage, liquidity and costs when evaluating an asset. The Quant Science is not responsible for any kind of damage resulting from use of this script. By using this script you take all the responsibilities and risks.
Pine Script® Strategie
von thequantscience
2
Ichimoku Cloud and ADX with Trailing Stop Loss (by Coinrule)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 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. The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in. The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line. The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up. The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down. DMI is simple to interpret. When +DI > - DI, it means the price is trending up. On the other hand, when -DI > +DI , the trend is weak or moving on the downside. The ADX does not give an indication about the direction but about the strength of the trend. Typically values of ADX above 25 mean that the trend is steeply moving up or down, based on the -DI and +D positioning. This script aims to capture swings in the DMI, and thus, in the trend of the asset, using a contrarian approach. Trading on high values of ADX, the strategy tries to spot extremely oversold and overbought conditions. Values of ADX above 45 may suggest that the trend has overextended and is may be about to reverse. This strategy combines the Ichimoku Cloud with the ADX indicator to better enter trades. Long orders are placed when these basic signals are triggered. Long Position: Tenkan-Sen is above the Kijun-Sen Chikou-Span is above the close of 26 bars ago Close is above the Kumo Cloud MACD line crosses over the signal line -DI is greater than +DI ADX is greater than 45 Close Position: 3% increase trailing 3% decrease trailing The script is backtested from 1 January 2018 and provides good returns. The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance. This script also works well on MATIC (1d timeframe), ETH (1d timeframe), and SOL (1d timeframe).
Pine Script® Strategie
von Coinrule
Ichimoku Cloud and Bollinger Bands (by Coinrule)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 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. The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in. The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line. The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up. The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down. The Bollinger Bands are among the most famous and widely used indicators. A Bollinger Band is a technical analysis tool defined by a set of trendlines plotted two standard deviations (positively and negatively) away from a simple moving average ( SMA ) of a security's price, but which can be adjusted to user preferences. They can suggest when an asset is oversold or overbought in the short term, thus providing the best time for buying and selling it. This strategy combines the Ichimoku Cloud with Bollinger Bands to better enter trades. Long orders are placed when these basic signals are triggered. Long Position: Tenkan-Sen is above the Kijun-Sen Chikou-Span is above the close of 26 bars ago Close is above the Kumo Cloud The closing price is greater than the upper standard deviation of the Bollinger Bands Short Position: Tenkan-Sen is below the Kijun-Sen Chikou-Span is below the close of 26 bars ago Close is below the Kumo Cloud The upper standard deviation of the Bollinger Band is greater than the closing price The script is backtested from 1 January 2022 and provides good returns. The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance. This script also works well on BTC 30m/1h, ETH 2h, MATIC 2h/30m, AVAX 1h/2h, SOL 45m timeframes
Pine Script® Strategie
von Coinrule
1
Ichimoku ImbalanceYou may have heard the word balance or imbalance This indicator is designed based on Ichimoku periods to display imbalances in each period When you see a black mark, it means that one of the Ichimoku periods is saturated or unbalanced If the current candle was equal to the lowest price on 9/26/52 of the last period and the highest price was equal to the last candle from left on 9/26/52 of the last period If the current candle was equal to the highest price on 9/26/52 of the last period and the lowest price was equal to the last candle from right on 9/26/52 of the last period This indicator is a useful and powerful tool for Ichimoku traders to understand overbought and oversold points in different time periods. Note: This is an auxiliary tool and does not issue buy and sell signals
Pine Script® Indikator
von Esfiam
4