Ichimoku Kinko Hyo + Fractals

2020年8月29日

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.

2020年8月30日

發行說明

Color "code" for Kijun-sen and Tenkan-sen endings added.

2020年9月12日

發行說明

Fixed Tenkan-sen plot bug.

2021年4月28日

發行說明

Tooltips added.

2021年7月5日

發行說明

Code updated. Some more Background signals added.

2021年7月23日

發行說明

Attributes of some drawn objects Added. Because of output limitations, I can't add more attributes.

2021年10月13日

發行說明

Script converted to Pine v5.

2021年10月31日

發行說明

IB/IS signal updated.

2021年11月1日

發行說明

Screenshot issue.

2022年11月1日

發行說明

Code updated (signal textcolor).

2023年3月10日

發行說明

Fixed strange behavior (since a few weeks) of "Ichimoku endings".

7月26日

發行說明

Tenkan-Sen and Kijun-Sen can now be added separately.