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Ichimoku Kinko Hyo + Fractals

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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.

Nota Keluaran
Color "code" for Kijun-sen and Tenkan-sen endings added.
Nota Keluaran
Fixed Tenkan-sen plot bug.
Nota Keluaran
Tooltips added.
Nota Keluaran
Code updated. Some more Background signals added.
Nota Keluaran
Attributes of some drawn objects Added. Because of output limitations, I can't add more attributes.
Nota Keluaran
Script converted to Pine v5.
Nota Keluaran
IB/IS signal updated.
Nota Keluaran
Screenshot issue.
Nota Keluaran
Code updated (signal textcolor).
Nota Keluaran
Fixed strange behavior (since a few weeks) of "Ichimoku endings".
Nota Keluaran
Tenkan-Sen and Kijun-Sen can now be added separately.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.