Trend Follow with kijun-sen/tenkan sen for 1 Hour SPX
This script determines, plots and alerts on probable trend initiation and continuation points, using tenkan-sen(conversion line of ichimoku), kijun-sen(baseline of ichimoku) and stochastic RSI, for 1 H SPX.
New long/short trend initiates when prices cross above/below kijun sen. The trend continues when prices cross above/below tenkan-sen or stochastic RSI crosses up/down its signal line, while prices are above/below kijun-sen.
It is good to take partial profit between 10-15 points gain and trail the left with stops below kijun-sen line.
While placing the order, using 2-3 points buffer above/below of signal bars is recommended. Additionally, please be careful about clouds and do not place long/short orders below/above clouds.
一目均衡表
BigBendFX Ichimoku Cloud | Cloud BreakoutCloud breakout is an enhancement of TradingView's built-in Ichimoku Cloud Indicator. By default, only the cloud is visible. The other Ichimoku lines can be toggled on if needed. This indicator focuses on the breakout of the Kumo cloud. An additional simple moving average filter can be added as well.
Breakout Condition
2 candlesticks are part of the breakout condition
Candlestick 1: 'open' price is still within the cloud and 'close' price breaks out of the cloud
Candlestick 2: 'open' price confirms that candlestick 1 'close' remains as a breakout
There are 4 possible breakout conditions: 2 bullish direction moves crossing each senkou span and 2 bearish direction moves crossing each senkou span
Note: ranging markets will cause false breakouts, so a moving average is integrated to help filter this out
Moving Average Integration
A simple moving average can easily be toggled on/off to filter out cloud breakout signals
The SMA length and color can be adjusted in the settings
Alerts
There are 2 alert options: bullish or bearish
Alerts will confirm if the Moving Average Integration is activated
To add to your chart simply search for the title "BigBendFX Ichimoku Cloud" in indicators & strategies.
If you would like any added features or functionalities, please comment/share below. Be sure to check out our website (link below)!
Thank you!
{INDYAN} Ichimoku for IntradayIts based on ichimoku, i removed cloud and mod some changes for better use in intraday trading. It can be used in stocks and index as well.Not tested on MCX and Forex.
Just watch at crossover of tenkan and kijun that RSI macd is above 60 and zero or not? If all three parameters meet go for long... exit when again another cross happen or rsi go below 40.for sell side watch for rsi below 40 and macd below zero line while crossover of kijun tenkan.
Better to use it with RSI+Macd Fast to get more accurate results.
#for better confirmation look value of VWAP and decide accordingly
Do back test before using it.
Happy Trading
Love INDyAN
#change line color as per ur wish but value should be same as it was default entered.
{INDYAN} GO WITH TREND V2This indicator has almost everything for intraday trading . There are two supertrends one with higher time frame and one at lower time frame, Due to which we can recognize reversal. If higher time frame supertrend is showing uptrend and minor is showing downtrend then better to avoid taking any trade in between. Both trend should be in same direction.
Tenkan and kijun is there to verify the trend authencity, check where the tenkan and kijun crossover is there or not at the time of reversal signal given by supertrends. It will boost trading chances.
Also VWAP is placed to know the current situation, If price is below VWAP go for sort if all other things match as above said.
HEMA LEMA is a EMA band and i found that it act as support and resistance, If price breaks channel with volume and sustain above/below for 2 candle close (TIMEFRAME AS SYMBOL).
Also placed FAST EMA to recognize the fast moving trend.
Pivot with CPR is there to trade on basis of CPR and Pivot.
For demand and supply traders, they can use blue and black candle for marking up zones. Blue is boring/base candle and Black is explosive candle.
I hope it will help my trader friends to recognize the trend and reversal.
Let me know if anything more we need to include or remove to make it better for everyone.
Happy Trading... Love INDYAN
#intraday
#hema-lema
#pivot
#cpr
#supertrend_reversal
#demandzone
#supplyzone
#tenkansen
#kijunsen
Short-Term Ichimoku Kinko-hyo+This Ichimoku Kinko-Hyo is an indicator which has been changed for short-term trading and, It has a “target price theory(one of three theory of Ichimoku Kinko-Hyo) function.”
Also, In this indicator, It can be plotting the “Span model”, “Super Bollinger Bands” which has Invented by a Japanese currency dealer Toshihiko Masaki, And Moving Average.
In addition, you can select setting only “clouds” and “Lagging span” or displaying Default Ichimoku Kinko-Hyo.
This indicator is modified original Ichimoku Kinko-Hyo, but It made based on the true usage of Ichimoku Kinko-Hyo.
For the evidence, I referred to the book supervised by Ichimoku-Sanjin the third generation.
Describe below about features↓↓↓.
- 2nd Cloud to check relation two Lead Lines and Lagging span.
- Background-color for discovering “Three Roles Improvement (In Japanese: 三役好転)” and “Three Roles Reversal (In Japanese: 三役逆転)”.
- Signal of Crossing Base Line and Conversion Line.
- mode selection of Ichimoku Kinko Hyo.
- Calculation feature for Target Price theory.
- A switch to replace Base Line and Conversion Line with 3 Moving Average lines.
- And others...
Ichimoku Kumo Switch Indicator [Mehdihz]This simple indicator just shows Ichimoku's Kumo cloud status.
Blue for increasing Kumo
Red for decreasing Kumo
The MATRIX: Ultimate Crypto Position FinderThe Position Finder is a visual representation and additional feature of the "MATRIX Ultimate Crypto Position Strategy" and it should therefore be used alongside this script.
***You can find the main trading strategy script on our profile page***
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-The Position Finder is a tool that allows the user to see multiple triggers at the same time on a single chart of the "MATRIX Ultimate Crypto Position Strategy".
The Position Finder consists of 3 parts, namely an entry, a re-entry and an exit part (from top to bottom). Each of these three fields is made up of several green, black or red horizontal lines in which each line corresponds to a specific trigger.
-An entry or re-entry signal is valid once all individual triggers turn dark GREEN at the same time (for the top and middle matrix fields respectively). When this happens a bright GREEN vertical line is formed. The main trading strategy script will also print "Long Entry" label. While BLACK color indicates that a certain trigger is not valid. Yes, we know. It sounds very complicated, but once you understood it, we promise it will be the most simple and dare we say, an interesting tool to use.
-An exit signal is made once a single trigger turns RED. The main trading strategy script will also print a RED colored "Long Exit" label. While BLACK color indicates that the exit signal is not triggered.
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For those who are interested in the rationale of why a certain entry or exit signal was made a list with triggers can be found below. It contains the complete set of triggers for the entry, re-entry and exit signals from top to bottom.
Entry Trigger List:
1: Evaluation of short term trend: Ichimoku kinko hyo indicator, conversion line related to base line.
2: Evaluation of longer term trend: Ichimoku kinko hyo indicator, price related to the ichimoku cloud.
3: Confirmation of the longer term upward trend: Ichimoku kinko hyo indicator, lagging span related to ichimoku cloud.
4: Confirmation of short term upward trend: Ichimoku kinko hyo indicator, price related to conversion line and base line.
5: Evaluation of longer term trend projection: Ichimoku kinko hyo indicator, projected ichimoku cloud shape.
6: Confirmation of short term trend: Ichimoku kinko hyo indicator, lagging span related to the price.
7: Confirmation of short term trend: Ichimoku kinko hyo indicator, lagging span related to the price (alternative method).
8: Confirmation of the longer term trend: Ichimoku kinko hyo indicator, lagging span related to ichimoku cloud (alternative method).
9: Confirmation of the longer term trend: Moving averages.
10: Confirmation of sufficient momentum: Macd indicator.
11: Evaluation of overbought or oversold conditions in the price: RSI indicator.
12: Evaluation of price equilibrium: Ichimoku kinko hyo indicator, price related to ichimoku cloud , conversion line, base line.
13: Confirmation of general trend: Vortex indicator.
14: Evaluation of price equilibrium: Ichimoku kinko hyo indicator, price related to ichimoku cloud , conversion line, base line (alternative method).
15: Evaluation of volatility: Choppiness index indicator.
16: Evaluation of volume: Volume indicator.
Re-Entry Trigger List:
1: Confirmation of short term upward trend: Ichimoku kinko hyo indicator, price related to conversion line and base line.
2: Evaluation of short term trend: Ichimoku kinko hyo indicator, conversion line related to base line.
3: Confirmation of the longer term upward trend: Ichimoku kinko hyo indicator, conversion line and base line related to the ichimoku cloud .
4: Confirmation of sufficient momentum: Macd indicator.
5: Confirmation of sufficient momentum: Macd indicator (alternative method).
6: Evaluation of overbought or oversold conditions in the price: RSI indicator.
7: Confirmation of sufficient momentum: Macd indicator (alternative method).
8: Confirmation of general trend: Vortex indicator.
9: Confirmation of the longer term upward trend: Ichimoku kinko hyo indicator, price related to the ichimoku cloud .
10: Evaluation of bullish/bearish territory.
Exit Trigger List:
1: Confirmation of short term trend reversal: Ichimoku kinko hyo indicator, conversion line related to base line.
2: Confirmation of neutral territory: Ichimoku kinko hyo indicator, price related to the ichimoku cloud .
3: Confirmation of bearish territory: Ichimoku kinko hyo indicator, price related to the ichimoku cloud .
4: Evaluation of extremely overbought conditions in the price: RSI indicator.
5: Confirmation of bearish divergence signals.
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Reminder: Use this trading strategy at your own risk and trade responsibly. We are not responsible for any financial loss using this strategy.
***The script is invite-only, message us to get script access***
Ichimoku Score by KingThiesiScore, is an Ichimoku-based scoring system, in which individual Ichimoku events are measured by their impact, and then counted towards a greater score, leaning either bullish or bearish. The score tends to be between -3 and 3 for 99% of occurrences. Scores above or below this range are abnormal to say the least.
How the Score is Calculated
Bearish events are negative points. When the score is below zero, bears have control of the given TF. In theory, when the iScore is falling, the market is in downtrend. Note the divergences on reversals. iScore tends to lead price.
Bullish events are positive points. When the score is above zero, bulls have control of the given TF. In theory, when the iScore is rising, the market is in uptrend. Note the divergences on reversals. iScore tends to lead price.
Bullish Events Measured: TK Bull Cross, PK Bull Cross, Lagline Bull Cross, and Leadline Bull Cross
Bearish Events Measured: TK Bear Cross, PK Bear Cross, Lagline Bear Cross & LeadLine Bear Cross
The location of the events are also a factor in the scoring system. Locations include above the kumo, inside the kumo, and below the kumo, and are then prioritized in their own respects, based on the standard rules interpretation of Ichimoku signals, which users can read more into if interested. Links are provided below with further reading.
iScore can be applied to any ticker by any trader, and is not limited to any specific TF. Its programmed in Pine version 4 and uses Heikin Ashi inputs for OHLC, although traders are able to use with any chart type.
Links for Further Reading
Fidelity Ichimoku Summary
Investopedia Intro to Ichimoku Clouds
Cheers!
KT
Ichimoku with Correct DisplacementThe default Ichimoku Cloud by TradingView is strange. The kumo is only displaced 25 periods forward, and the chikou is displaced 25 periods back. This is because TradingView had the correct value for displacement (26), but they decided to subtract this displacement by 1 when actually drawing the kumo and add 1 when drawing the chikou. This script fixes this and allows for easier customization of each line in the Ichimoku.
Multiple MA + Bollinger bands + Ichimoku cloudThis is an extension of my previous script 'Multiple MA', now featuring also an Ichimoku Cloud and Bollinger bands.
More, I added more functionality to the integrated Bollinger bands script, that by default use only Standard Moving Average to plot the bands. With this script you can plot Bollinger bands using the MA you prefer from the ones included in the 'Multiple MA' script (SMA, EMA, WMA, VWMA and Hull MA), allowing you to better fit your preferences.
About Ichimoku cloud I choose to enable by default only the cloud and the lagged price, which I consider the most useful components of this indicator, however you can enable each component from the settings.
I tried to make 3 indicators fit well with each other using some graphical customization (It works quite well with dark background). However keep in mind that i made this script as much customizable as possible, letting you enable and disable each one of the components from the plot. So you can take advantage of the whole indicators, and in case, clean the plot when you feel it's too much full of drawings and lines.
Please show me your support if you like the script, and find it useful, thanks!
Tenkan-Sen Kijun-Sen Distance (TKD) Oscillator - IchimokuThe TKD is the distance between the Tenkan-Sen and the Kijun-Sen, expressed in percentage of current price. The further apart the tenken-sen and kijun-sen are, the more they want to snap back together. This makes for a decent oscillator. When the Tenkan-Sen is above the Kijun-Sen, the TKD is green. When it is below, the TKD is red. At the crossing points, it turns blue.
For those more familiar with Ichimoku Cloud techniques, one might also think of this indicator as a C-Clamp indicator. Bar coloring is supported and enabled by default. There's also an option to flip/invert the green/red colors in case you want to use it to judge pending cycles rather than current ones.
Hakimi - Ichi Based Pivot Time Prediction - V.2This indicator is based on multitime ichimoku and can be used to predict some of pivots .
How to use:
1- Select the arbitrary chart (Candles, Heikin Ashi, Line and Renko) and time frame.
2. Set the “Offset” value. Default value is -1.
3. Set the “Time Coefficient 1” to “Time Coefficient 4”. Default values are 2, 3, 4 and 5.
ORTI Ichimoku Cloud (Static Timeframe Multi-Period Ichimoku)The "ORTI Ichimoku Cloud (Static Timeframe Multi-Period Ichimoku )" is now a public script, based in a existing study named "Ichimoku Kynko Hyo", but with some better functions about time frame and its measurament. As a redesigned and recalculated set of the common plotted averages: Conversion Line Periods and Base Line Periods, of the security's price, as well as the Lagging Span and the Displacement.
Ichimoku Cloud is a chart used in technical analysis that shows support and resistance , and momentum and trend directions for a security or investment. It is designed to provide relevant information at a glance using moving averages (tenkan-sen and kijun-sen) to show bullish and bearish crossover points. The "clouds" (kumo, in Japanese) are formed between spans of the average of the tenkan-sen and kijun-sen plotted ahead (senkou span A) and a plotted midpoint high and low (senkou span B).
The cherry on the top, for this private version: is when you want to get a predetermined count in natural “units of time" as minutes, hours or days, in any graph you could get a static average, and this count will be automatically respected. For example, an average could be configurated to know a trend per day, week or month... or whatever comes to mind, and at every single chart that you move through (5m, 15m, 1h, 4h, etc), you will see the same average to make your own "trend analysis" into a micro/macro market view.
For more technical information: Investopedia
Note: The previous calculation example is not the default, the parameters can be adjusted according to the criteria of the merchant.
MTF Ichimoku CloudIchimoku Cloud , Multiple Time Frames, based on the script : MTF Selection Framework functions (PineCoders)
Possible display:
- four differents Ichimoku
- Tenkan, Kijun, Chikou and Kumo (monochrome or not)
- labels : offset from line, color if you change style and with/without abbreviation
Time Frames :
- 1m
- 3m
- 5m
- 15m
- 30m
- 45m
- 1h
- 2h
- 3h
- 4h
- Daily
- Weekly
- Monthly
ORTI MACD (Static Timeframe Multi-Period)The " ORTI Moving Average Convergence Divergence (Static Timeframe Multi-Period) " is now a public script, based into a existing study named " MACD aka Moving Average Convergence Divergence ", but with some better functions about time frame and its measurament. As a redesigned and recalculated set of the common plotted averages, a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price.
The cherry on the top for this version is, when you want to get a predetermined count in (ranges) units of time, as: minutes, hours or days, in any graph you could get a static average, and this count will be automatically respected. For example, an average could be configurated to know a trend per day, week or month... or whatever comes to mind, and at every single chart that you move through (5m, 15m, 1h, 4h, etc), you will see the same average to make your own "trend analysis" into a micro/macro market view.
But now, with the option to convert the " Exponential Moving Average " to adapt into 9 different kinds of "Moving Averages" and by any of the most used Moving Averages, an hybrid basically.
The following options to convert the "Exponential Moving Average ( EMA ) to:
• Double Exponential Moving Average ( DEMA )
• Exponential Moving Average ( EMA )
• Hull Moving Average ( HMA )
• Modified Moving Average ( MMA ) *
• Rolling Moving Average ( RMA ) *
• Simple Moving Average ( SMA )
• Smoothed Moving Average ( SMMA ) *
• Volume-weighted Moving Average ( VWMA )
• Weighted Moving Average ( WMA )
* Same Moving Averages: a Modified Moving Average is otherwise known as the Running Moving Average or Smoothed Moving Average.
The MACD is usually calculated by subtracting the 26-period Exponential Moving Average ( EMA ) from the 12-period EMA . The result of that calculation is the MACD line. A nine-day EMA of the MACD , called the "Signal Line", is then plotted on top of the MACD line which can function as a trigger for buy and sell signals. Traders may buy the security when the MACD crosses above its signal line and sell, or short, the security when the MACD crosses below the signal line.
The MACD has a positive value whenever the 12-period EMA is above the 26-period EMA and a negative value when the 12-period EMA is below the 26-period EMA . The more distant the MACD is above or below its baseline indicates that the distance between the two EMAs is growing. In the following chart, you can see how the two EMAs applied to the price chart correspond to the MACD (blue) crossing above or below its baseline (red dashed) in the indicator below the price chart.
The MACD is often displayed with a histogram which graphs the distance between the MACD and its signal line. If the MACD is above the signal line, the histogram will be above the MACD’s baseline. If the MACD is below its signal line, the histogram will be below the MACD’s baseline. Traders use the MACD’s histogram to identify when bullish or bearish momentum is high.
For more technical information look at Investopedia .
Note: The previous calculation example is not the default, the parameters can be adjusted according to the criteria of the merchant.
Kojirokousi Daijyunkan Stochastics for Ichimoku-Kinko-HyoKojirokousi Daijyunkan Stochastics
Original indicator by Kojirokousi
Evolution of stochastics
Indicator to use with the Ichimoku-kinko-hyo
Checking each lines of the Ichimoku-kinko-hyo with an oscillator.
小次郎講師 大循環ストキャスティクス for 一目均衡表(大スト for ichi)
小次郎講師によるオリジナルのインジケーター
ストキャスティクスを発展させたもの
一目均衡表と一緒に使うためのインジケーター
一目均衡表の各線をオシレーターで確認する
Kojirokousi Daijyunkan Ichimoku-Kinko-HyoKojirokousi Daijyunkan Ichimoku-Kinko-Hyo
Correct one day gap.
9 levels of rating in relation to each line.
Show rating (4, 3, -3, -4)
Color coding of rating (4, 3, -3, -4)
Ichimoku-Kinko-Hyo for use with Daijyunkan EMA.
Added the wave-line detecting in percent, ATR, price.
Added the Sora (Umi).
小次郎講師 一目均衡表
1日のずれを修正
「三役好転」「三役逆転」の表示
各線の関係で9段階の評価
評価:4,3,ー3,ー4を表示
評価:4,3,ー3,ー4の色分け
大循環EMAと併用するための一目均衡表
%、ATR、価格で検出する波動ラインを実装
空(海)の追加
MTF Ichimoku CloudHere is my take on Ichimoku Cloud, Multiple Time Frames, based on the
most excellent work of "PineCoders" (MTF Selection Framework functions)!
The big advantage is that on 1 image you can easily see where
price is compared to Ichimoku Cloud patterns (each of different Time Frames).
This gives a lot of Support and Resistance area's!
I restricted the amount of MTF's at 2, more is just too messy
To make it more clear:
- Conversion line and Baseline in present timeframe : thick line
- Conversion line and Baseline in Higher Time Frame (HTF 1) : thin line
- Conversion line and Baseline in Higher Time Frame (HTF 2) : line with circles
All lines has labels at the right of the line with corresponding Time Frame
Since some prefer different settings with higher Time Frames,
each period in each Time Frame can be changed
The Time Frames itself can be chosen:
- or a multiple of present Time Frame
- or a fixed chosen Time Frame
Thanks!
Ichimoku Timeframe - [Silver-Wong]"Ichi Time" displays an Ichimoku indicator from another timeframe.
IE: Displays Ichimoku Daily while you are on the 4H chart.
Available timeframes:
- 1H
- 4H
- 12H
- Daily
- Weekly
Ichimoku MTFIchimoku MTF
This is two time frame indicator: Live and second as a default multi time frame for 1h
MTF Affected:
Kumo
Tenkan Sen
Kijun Sen
Chikou Span
Good Luck
™TradeChartist - Show and Tell - Ichimoku Cloud™TradeChartist Show and Tell - Ichimoku Cloud is a free and easy to use script that helps anyone learn and understand the Ichimoku cloud by using the 'Show and Tell' option from the indicator settings and by choosing the Ichimoku component/Signal from the dropdown box. For individuals new to Ichimoku Cloud , Show and Tell option will help explain the components and signals of Ichimoku Cloud on the chart without having to navigate away from price action, thus making it easier to learn and understand Ichimoku cloud with respect to chart price action on the corresponding time frame.
The indicator automatically detects cryptocurrencies as it uses different settings specific to cryptocurrencies market - (20,60,120,30) respectively as opposed to classic - (9,26,52,26).
When 'Show and Tell' is unchecked from indicator settings, the script detects signals and important Ichimoku events like Bull/Bear crosses, Bullish/Bearish Kumo Twists, Bullish/Bearish Kumo Breakouts etc and plots labels on chart. To turn off this feature, just uncheck 'Labels' from the styles tab under the indicator settings.
This is a free to use indicator. Give a thumbs up or leave a comment if you like the script.
Williams %R + RSI + EMA - [Silver-Wong]
Williams %R + EMA + RSI
Un seul indicateur avec :
- William %R
- RSI
- EMA
- Une ligne médiane
- Les étiquettes des indicateurs