In contrast to my Ichimoku ++ Study this is a pure Ichimoku Konko Hyo Study with Bill Williams Fractals (I couldn't leave out the fractals as these levels are too important for Ichimoku trading).
In this study you can find many visualisation options for the Ichimoku Indicator and the signals the Ichimoku Tradingsystem can provide.
Tenkan-sen and Kijun-sen are provided optionally as mtf levels.
An mtf price cloud relationship is shown in the upper right.
The included signals are:
B1/S1 is a strong filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Chikou > Kumo AND Tenkan > Kijun AND Komo is green
B2/S2 is a less filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Tenkan > Kijun
IB/IS is a confluence signal. The condition for a long/short entry is: more than 50% of the 8 defined conditions must trigger a long signal. Below 50% long, it is a short signal because more than 50% of the entry conditions have triggered a short signal.
In this study you can find many visualisation options for the Ichimoku Indicator and the signals the Ichimoku Tradingsystem can provide.
Tenkan-sen and Kijun-sen are provided optionally as mtf levels.
An mtf price cloud relationship is shown in the upper right.
The included signals are:
B1/S1 is a strong filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Chikou > Kumo AND Tenkan > Kijun AND Komo is green
B2/S2 is a less filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Tenkan > Kijun
IB/IS is a confluence signal. The condition for a long/short entry is: more than 50% of the 8 defined conditions must trigger a long signal. Below 50% long, it is a short signal because more than 50% of the entry conditions have triggered a short signal.
Phát hành các Ghi chú:
Color "code" for Kijun-sen and Tenkan-sen endings added.
Phát hành các Ghi chú:
Fixed Tenkan-sen plot bug.
Phát hành các Ghi chú:
Tooltips added.
Phát hành các Ghi chú:
Code updated. Some more Background signals added.
Phát hành các Ghi chú:
Attributes of some drawn objects Added. Because of output limitations, I can't add more attributes.
Phát hành các Ghi chú:
Script converted to Pine v5.
Phát hành các Ghi chú:
IB/IS signal updated.
Phát hành các Ghi chú:
Screenshot issue.
Phát hành các Ghi chú:
Code updated (signal textcolor).
Phát hành các Ghi chú:
Fixed strange behavior (since a few weeks) of "Ichimoku endings".