In this strategy, 15 indicators are used, each giving its results as a numerical value, which then is added or subtracted from the total points, gathered from all 15 indicators. Many thanks to RafaelZioni for his great work making the EasySys1 script which i modified to create this script. Onchart is drawn some of the indicators, but not all, a info panel is...
One of my mixed approach strategy indicators which include's: - Ichimoku using much faster settings. (ECC-11) - Supertrend Whilst both Supertrend and Ichimoku are quite reliable, they do sometimes provide false signals. By combining both indicators, trading when both agree, it reduces the number of false alerts. Using this indicator is simple. If the lifetime...
This indicator is based on the famous ECC-11 strategy discussed on the Internet. It can be used on any timeframe, but ECC-11 is better suited for intraday 15min charts. The various colour lines represent: Black - Price Orange - Chikou Blue - Senkou A Red - Senkou B Green/Red - The Clouds More information on how to follow the Ichimoku strategy can be found...
During the course of a trade, we can find ourselves changing strategies depending on the market. Instead of using many different templates, I have a simple indicator that clearly says "Buy", "Sell" or "Stay Out". The great thing about this approach, is we instantly observe the majority are in agreement and that decides which way to place our trade. This indicator...
Based on the idea that some Donchian Channels in trading books have a lookback or offset of 1 in order to use it as a sort of trailing stop or so that the channels don't adjust. Ichimoku's Tenkan and Kijun lines have a very similar formula to Donchian Channels. In case anyone wants to use those lines as a sort of more fixed trailing stop, offset the Kijun, Tenkan,...
The purpose of this indicator is to provide an easy-to-read binary dashboard of where the current price is relative to key dynamic supports and resistances. The concept is simple, if a dynamic s/r is currently acting as a resistance, the indicator plots a dot above the histogram in the red box. If a dynamic s/r is acting as support, a dot is plotted in the green...
This is another version of the Ichimoku Clouds indicator where I have added logic to evaluate the current chart as either Bullish, Bearish, or Mixed, depending on 4 factors: 1. Is the price above/below the cloud? 2. Is the conversion line above/below the base line? 3. Is the lagging span above/below the cloud? 4. Is the rightmost cloud green/red? If all...
The purpose of the base and conversion lines is to give an indication of the current trend but the numerous crossings and false signals make it noisy and unreliable. This new indicator dubbed the the Ichimoku Cloud Pivot is based on an average of the IC leading spans without the time offset which are further filtered through a Donchian Channel. The result is the...
This simple script uses 4 rules from Ichimoku Cloud indicator to marks position entry points. The idea is that by entering a long position just when these 4 criteria are met, you can capture a 2-3% plus move within the next few days: 1. The conversion line is above the base line 2. The price is above the clouds 3. The lagging span is above the clouds 4. The...
The standard Ichimoku Cloud is derived from Donchian Channels and is based on the range of the data set. However the channels are choppy and may not always be easy to read. By using moving averages, similar leading spans can be generated with a smoother outline. The T3 averages further smooths out the curve.
3 indicators in 1. Included Indicators are: - EMA 8,13,21,55,100,200,450 - Ichimoku - Bollinger Band These can be used to determine changes in trends when: - EMA's collide, trajectories shift, or certain levels are reached. - Ichimoku cloud is above or below the candles. - Bollinger Band's width changes, or range is broken. Reasons for 3 in 1 assembly: This...
Just a simple script which plots on any timeframe the kijunsen of a single specific timeframe, selectable by the user. Useful for strategies which need to work on various timeframes, but need the kijun of that specific timeframe to be always visible for the analysis.
The purpose of this strategy is to make the signals from my scripts available for verification by backtests. Different signal and filter combinations can be created and specific manual parameter optimization can be carried out. In detail, this strategy includes: 23 entry signals two entry filters with each 9 filters two exit filters with each 9 filters take...
by this indicator u can find where the tenken-sen and kijen-sen is equal yellow bar means the t/k is equal red bar means tenken is under kijen-sen blue bar means kijen is below tenken-sen white bar on top means t+17 equal kijen-sen
I am publishing my updated Ichimoku ++ study with a more suitable title. Future updates will take place with this version. Description: The intention of this script is to build/provide a kind of work station / work bench for analysing markets and especially Bitcoin . Another goal is to get maximum market information while maintaining a good chart overview. A...
This script draws some of MA line with momentum bar on your chart. These lines looks like ICHIMOKU. You could use this script like ICHIMOKU, I hope :-)
InariN CloudS (INCS) is my custom model of InariN. I usually use INCS in 300 ticks (other software) and 5 minutes charts for day trading. Please read script "InariN simple" for basic usage. I share background and fundamental ideas of day trading and INCS here. I start with the practical conclusion and then explain INCS. Maybe you'll notice that most indicators...
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...