Ichimoku PanOptic TM-V1
Modified Ichimoku indicator with signals from PanOptic Method by User Ichimoku_Trader.
//Created By User BrainZZ on the work of User ChrisMoody //Last Update 15/06/2016 //new Updates include signal based on PanOptical Method by User Ichimoku_Trader study(title="Ichimoku PanOptic TM-V1", shorttitle="PTM_Ichimoku-V1", overlay=true) turningPeriods = input(9, minval=1, title="Tenkan-Sen") standardPeriods = input(26, minval=1, title="Kinjun-Sen") leadingSpan2Periods = input(52, minval=1, title="Senkou Span B") displacement = input(26, minval=1, title="-ChinkouSpan/+SenkouSpan A") sts = input(true, title="Show TS (Tenkan-Sen)?") sks = input(true, title="Show KS (Kinjun-Sen)?") sll = input(true, title="Show CS (ChinkouSpan)?") sc = input(true, title="Show Kumo Cloud?") cr1 = input(false, title="Show Crosses up/down of TS and KS?") cr2 = input(false, title="Show turning up/down of KS?") //Definitions for Tenkan-Sen (9 Period), Kinjun-Sen (26 Period), Chinkou Span (Lagging Line) donchian(len) => avg(lowest(len), highest(len)) turning = donchian(turningPeriods) standard = donchian(standardPeriods) leadingSpan1 = avg(turning, standard) leadingSpan2 = donchian(leadingSpan2Periods) //Crosses up/down Tenkan-Sen (9 Period) and Kinjun-Sen (26 Period) crossUpTenkanKinjun = turning[1] < standard[1] and turning > standard ? 1 : 0 crossDnTenkanKinjun = turning[1] > standard[1] and turning < standard ? 1 : 0 cupA = crossUpTenkanKinjun == 1 ? crossUpTenkanKinjun : 0 cdnB = crossDnTenkanKinjun == 1 ? crossDnTenkanKinjun : 0 //Changing in KS as trend signal KSturnup = standard[1]<standard and standard[2]>=standard[1] ? 1 : 0 KSturndown = standard[1]>standard and standard[2]<=standard[1] ? 1 : 0 InversionUP = standard[9] >= standard[1] and KSturnup == 1 ? 1 : 0 InversionDOWN = standard[9] <= standard[1] and KSturndown == 1 ? 1 : 0 KupA = KSturnup == 1 and InversionUP == 1 ? KSturnup : 0 KdnB = KSturndown == 1 and InversionDOWN == 1 ? KSturndown : 0 //First Definition for Ability to Color Cloud based on Trend. leadingSpan1Above = leadingSpan1 >= leadingSpan2 ? 1 : na leadingSpan2Below = leadingSpan1 <= leadingSpan2 ? 1 : na //Next 4 lines are code used as plots in order to Color Cloud based on Trend span1plotU = leadingSpan1Above ? leadingSpan1 : na span2plotU = leadingSpan1Above ? leadingSpan2 : na span1plotD = leadingSpan2Below ? leadingSpan1 : na span2plotD = leadingSpan2Below ? leadingSpan2 : na col = leadingSpan1 >= leadingSpan2 ? green : red //plots for 3 lines other than cloud. plot(sts and turning ? turning : na, title = 'Tenkan-Sen (9 Period)', linewidth=3, color=orange) plot(sks and standard ? standard : na, title = 'Kinjun-Sen (26 Period)', linewidth=3, color=red) plot(sll and close ? close : na, title='Chinkou Span (Lagging Line)', linewidth=1, offset = -displacement, color=navy) //Cloud Lines Plot Statements - ***Regular Lines to Fill in Break in Gap plot(sc and leadingSpan1 ? leadingSpan1 : na, title = 'Senkou Span A (26 Period) Cloud', style=line, linewidth=1, offset = displacement, color=col) plot(sc and leadingSpan2 ? leadingSpan2 : na, title = 'Senkou Span B (52 Period) Cloud', style=line, linewidth=1, offset = displacement, color=col) //Cloud Lines Plot Statements - ***linebr to create rules for change in Shading p1 = plot(sc and span1plotU ? span1plotU : na, title = 'Senkou Span A (26 Period) Above Span B Cloud', style=linebr, linewidth=1, offset = displacement, color=col) p2 = plot(sc and span2plotU ? span2plotU : na, title = 'Senkou Span B (52 Period) Below Span A Cloud', style=linebr, linewidth=1, offset = displacement, color=col) p3 = plot(sc and span1plotD ? span1plotD : na, title = 'Senkou Span A (26 Period) Below Span B Cloud', style=linebr, linewidth=1, offset = displacement, color=col) p4 = plot(sc and span2plotD ? span2plotD : na, title = 'Senkou Span B (52 Period) Above Span A Cloud', style=linebr, linewidth=1, offset = displacement, color=col) //Fills that color cloud based on Trend. fill(p1, p2, color=green, transp=70, title='Kumo (Cloud)') fill(p3, p4, color=red, transp=70, title='Kumo (Cloud)') //Arrow Plots At TS KS cross plotshape(cr1 and cupA ? cupA : na, title="CrossUp TS/KS Entry Arrow", style=shape.triangleup,location=location.belowbar, color=green, transp=0, size=size.tiny) plotshape(cr1 and cdnB*-1 ? cdnB*-1 : na, title="CrossDn TS/KS Entry Arrow", style=shape.triangledown,location=location.abovebar, color=red, transp=0, size=size.tiny) //Arrow plot on KS turn plotshape(cr2 and KupA ? KupA : na, title="CrossUp TS/KS Entry Arrow", style=shape.triangleup,location=location.bottom, color=green, transp=0, size=size.tiny) plotshape(cr2 and KdnB*-1 ? KdnB*-1 : na, title="CrossDn TS/KS Entry Arrow", style=shape.triangledown,location=location.top, color=red, transp=0, size=size.tiny)