Kapua Whenua LANDZZ1Kapua Whenua means Earth's Clouds in Maori language, this indicator was created to show impulses and trends of the asset's price movement both up and down.
The Indicator was made based on key numbers of the golden ratio:
Conversion Line: Kw 17 (Purple Color)
Kw 34 - Short Period Fractal (Light Blue Color)
Kw 72 - Short/Medium Period Fractal (Orange)
Kw 144 - Medium Period Fractal (Yellow Color)
Kw 305 - Medium/Long Period Fractal (Dark Blue Color)
Kw 610 - Long Period Fractal (Grey)
Kw 1292 - Long Period Fractal+ (Black Color)
The baseline or also called the conversion line is identified by the Color Purple of value 17.
How to read the indicator:
Every time the conversion line (Purple Color 17 periods) crosses a Kw value (Kapua Whenua) it will always look for the next KW line above or below the value as support or resistance.
For example:
If we are in a bull market, and the price crosses below the KW17 conversion line it will go towards KW 34 as support, if the price breaks KW 34 it will go towards the next line below KW 34 as support.
Every time the conversion line or the price crosses a higher value of Kapua Whenua (KW) this trend will be stronger, it means, if the conversion line (KW 17) crosses above KW 305 it will indicate more strength than if it had crossed above the KW 72 or 144 for example. So to get better results trading with the trend, always observe if the conversion line and the price are below or above some Medium/Long Period KW.
Note also that, in an uptrend, it could be that all KW are below each other. In a downtrend, it could be that all KW are on top of each other. This indicates that the farther the price is from the fractals the stronger the trend is, also, when there is a narrowing of the fractals means that the price will start to go sideways. If the price is between 2 or more Fractals, it will indicate consolidation.
A really good trend is considered when the price or the Short/Medium Period Fractals are all above or below at KW 610, which is a long period fractal, meaning a strong uptrend or downtrend.
A larger KW can be at the same point as a smaller KW, however, the stronger color will be shown above the weaker one.
***Larger chart timeframes are better to see longer KW fractals that are above or below the price, if your chart timeframe doesn't show a bigger support or resistance fractal, change the chart time to another longer period**
Tip - Get used to looking at line colors as your indicators, just like moving averages. You can also take or place any fractal at any time in the configuration menu.
Awan Ichimoku
ICHIMOKU Trading betaIchimoku Kinko Hyo is a trend-following trading system with 5 indicators. All the five indicators have a different purpose and successful Ichimoku trading required in-depth analysis of all indicators. The script interpreted each indicator and develop a score to indicate the overall strength.
I have taken the idea from the book “Trading with Ichimoku Clouds by MANESH PATEL”. The scoring system is mine to get an idea about how all the indicators are performing together.
If most of the indicators are confirming then the score will be high.
I am very new to Pinescript, so waiting for your comments and review.
You can view all comments by turning the comments on.
Equilibriums -- Based on Ichimoku Kinko HyoIntro:
Hello dear traders. Lately I have been studying Ichimoku for trading. Personaly I find myself in a long lasting quest of creating an automated trading strategy that works.
Let me tell you it aint easy. On this route I made countless of indicators some of which are worthless, others that have some potential. I did not publish these indicators as I do not want to bother people with sub par indicators that waste your time. My belief is strong and some day I will probably succeed in creating a working strategy.
About the indicator:
While researching Ichimoku Kinko Hyo (thanks chaostrader69 for providing such invaluable knowledge) I came across the numbers that define ichimoku. The Tenkan-sen and Kijun-sen lines and even the cloud are based on these numbers and create market equilibrium. The market always wants to return to this equilibrium. As a pine scripter and curious individual I made this indicator to expand the Tenkan and Kijun lines to more of these ichimoku number periods.
Ofcourse this creates a mess of an indicator especialy when combined with the real ichimoku which is already too much info to grasp and apply correctly for most traders. I can not recommend any strategy with this indicator and that is why I want to deliver this simple script to the public. Opinions and trading theorys regarding these lines are very welcome.
As you can see by the chart on the publication of this script the lines where nice and open and not crossing eachother in a clear uptrend. While when it was trading sideways the lines did not show direction at all and where close to eachother and crossing. Thx for taking the time to read this and possibly giving feedback. Feedback on the colors/line thickness is also welcome as I want my indicators to be beautiful!
Ichimoku Cloud Strategy Long Only [Bitduke]Slightly modificated and optimized for Pine Script 4.0, Ichimoku Cloud Strategy which, suddenly, good suitable for the several crypto assets.
Details:
Enter position when conversion line crosses base line up, and close it when the opposite happens.
Additional condition for open / close the trade is lagging span, it should be higher than cloud to open position and below - to close it.
Backtesting:
Backtested on SOLUSDT ( FTX, Binance )
+150% for 2021 year, 8% dd
+191% for all time, 32% dd
Disadvantages:
- Small number of trades
- Need to vary parameters for different coins (not very robust)
Should be tested carefully for other coins / stock market. Different parameters could be needed or even algo modifications.
Strategy doesn't repaint.
Ichimoku [xdecow]The Ichimoku Kinko Hyo (Ichimoku Cloud) is a popular indicator / system.
In this version you will have a panel that shows the main signs of this system.
Each signal can have its status as bullish (weak, neutral or strong), consolidation and bearish (weak, neutral or strong).
Signals
Kijun-Sen Cross
Occurs when the price closes above/below the Kijun-sen.
Weak Bullish: Occurs below the Kumo.
Weak Bearish: Occurs above the Kumo.
Bullish/Bearish Neutral: Occurs inside the Kumo.
Strong Bullish: Occurs above the Kumo.
Strong Bearish: Occurs below the Kumo.
TK Cross
Occurs when the Tenkan-sen crosses the Kijun-sen.
Weak Bullish: Occurs when the crossing is below the Kumo.
Weak Bearish: Occurs when the crossing is above the Kumo.
Bullish/Bearish Neutral: Occurs when the crossing is inside the Kumo.
Strong Bullish: Occurs when the crossing is above the Kumo.
Strong Bearish: Occurs when the crossing is below the Kumo.
Chikou Span Cross
Occurs when the Chikou Span crosses the price.
Weak Bullish: Occurs when current price is below the Kumo.
Weak Bearish: Occurs when current price is above the Kumo.
Bullish/Bearish Neutral: Occurs when current price is inside the Kumo.
Strong Bullish: Occurs when current price is above the Kumo.
Strong Bearish: Occurs when current price is below the Kumo.
Kumo Breakout
Occurs when the price closes above/below the Kumo.
Kumo Twist
Occurs when the Senkou Span A crosses the Senkou Span B ahead.
Weak Bullish: Occurs when current price is below the Kumo.
Weak Bearish: Occurs when current price is above the Kumo.
Bullish/Bearish Neutral: Occurs when current price is inside the Kumo.
Strong Bullish: Occurs when current price is above the Kumo.
Strong Bearish: Occurs when current price is below the Kumo.
In addition, Senkou Span B turns golden when it is flat and the cloud is lighter when it is thin (default is half the average of the last 610).
Ichimoku all signalsIchimoku Cloud All Signals!
This indicator shows all Ichimoku Cloud signals for (entering/exiting/confirming/or even staying) in a position.
you can choose a signal related to your strategy and use it.
you can choose which signals to be shown on the chart by changing the settings.
here are some examples of signals that you can get from this indicator:
Crossover/under conversion line & base line
Crossover/under lead line1 & lead line2
Crossover/under conversion line & lead line1
Crossover/under base line & lead line1
Crossover/under conversion line & lead line2
Crossover/under base line & lead line2
Crossover/under close & base line
Cloud Breakouts in both directions!
and 74 signals more !!!!
Ichimoku cross and kumo switch Indicator [Mehdihz]This script has both cross and switch indicators.
** For switch indicator without shift, use 1 for Displacement
Ichimoku breakoutIf you use Ichimoku Cloud strategies, this indicator is very useful for you!
This code indicates the candles that break the ichimoku cloud in both directions!
conversion line, base line and lagging span are disable by default, you can enable it from settings window.
green triangles under the candles with green backgrounds show break out the red clouds.
red triangles at the top of the candles with red backgrounds show break out the red clouds.
you can set alerts to be notified when an Ichimoku Cloud is broken.
SeaSide420 StrategyThis Strategy by SeaSide420 uses IchiMoku, Engulfing candles and 3 moving averages to find entry to buy and sell orders. It will hold buys and sells at the same time, it will close orders by StopLoss, or Trailing StopLoss or Target Profit. In the example chart here, only the trailing stop is active. It does have commission already included in this result. The initial test equity is set to 1 (1 BTC) so if you use this on say, a FOREX pair, you might want to check your settings, for example, set the initial equity to 100,000 USD as it normally is. I set this to 1 BTC to show that Holding 1 BTC for 2 years would not be as profitable as trading 1 BTC with this strategy for 2 years. The commission level is the same as Binance (0.1%), and the example pair is a Binance instrument, where Bitcoin trades can be in and out this way (CFD). Here it is shown on Daily chart, and with other timeframes/pairs, you may need to adjust the settings (MA period etc). New settings are achieved by you testing them yourself. This is published as an experimental script for use through API to do Automated trading on crypto exchanges. Questions welcome. Strategy free to use, Script private (PM me about it) I have not tested the alerts, but i did include alerts when open and close orders. Let me know if it works or not.
Ichimoku EMA RSI - Crypto only long StrategyHey there!
Here I show you an Ichimoku Cloud Strategy.
I discovered the strategy on a YouTube channel and tried to transfer it as a strategy into a script.
He said in his video that you would make more profit with this strategy than holding the coin.
Tested with the crypto pair ETH/USDT in the four hour chart.
Period: beginning of 2017 until today.
The strategy should also work with foreign exchange. But then the settings have to be adjusted.
There is the possibility to activate two EMA's and a Stochastic RSI .
-----------------------------------------------------------------------------------
How does the strategy work?
ENTRY
The green Ichimoku lead line must above the red Ichimoku lead line - only the two lead lines are activated.
A green candle must closed above the green lead line.
EXIT
A red candle must close below the green Ichimoku lead line.
OPTIONAL ENTRY
EMA
Once you activate the EMA , long positions will only be taken once the EMA1 is above the EMA2.
Thereby I could observe a significant increase of the profit as well as a decrease of the maximum drawdown.
RSI
As soon as you activate the Stochastic RSI , long positions are only taken when the K line is above the D line.
In the future, I may add an oversold - undersold parameter.
The results of the strategy are without commissions and levers.
If you have any questions or feedback, please let me know in the comments.
If you need more information about the strategy and want to know exactly how to apply it, check out my profile.
I wish you good luck with the strategy!
[Kai]Ichimoku 一目均衡表LOG Computable Ichimoku clouds Ichimoku Kinko Hyo
Expected to be used on LOG scale
Please note that the value is calculated slightly smaller because it is calculated in LOG.
The usage seems to be the same as the normal Ichimoku clouds Ichimoku Kinko Hyo
* By default, LOG MODE is setting so if you need normal display, set it to FALSE.
LOG計算可能な]Ichimok clouds 一目均衡表です
LOGスケールでの使用を想定しています
LOG計算しているので値は若干小さめに算出されるので注意が必要です
使用方法は通常のIchimok clouds 一目均衡表と同じで良いと思われます
※デフォルトではLOG MODE設定になっていますので、通常の表示が必要な場合は設定でFALSEにしてください
BT CloudBT Cloud is a trading system with an advanced chart overlay showing a very reliable Trend Indicator based off Price, Trend, Momentum, and Market Structure.
Inspired by the Ichimoku Cloud, Parabolic SAR, and Exponential Moving Averages the BT Cloud removes the unnecessary fluff and focuses on the Golden Zone 0.618 to 0.50 Levels on the current time frame for typical RSI length (14) settings.
User should pay attention to where the cloud reverses directions. These areas are 50% ranges of significance and have a high chance of acting like target zones for support and resistance in the future.
This indicator will allow the user to make observations around how extended the trends against each other as well as serving as basis for divergence and trendline studies drawn in manually by the user. The oscillator will turn green/red as observable on the main chart overlay.
Ichimoku Buy & Sell SignalsIchimoku cloud with color coded circles to signal the cross of Tenkan and Kijun.
Technicals Rating Strategy v420Ichimoku, HMA, RSI, Stoch, CCI, MACD, Technicals Rating Strategy is a trading Bot that looks at these chosen indicators and assigns a value to each, then calculates the result of adding each indicators result value to a overall rating, which is then compared to a user set level. Here seen on Bitcoin, it has the broker fee included in the testing result. If you choose to use it on Forex etc, perhaps remove the broker fee which is unrealistic for FX trading.
It has a Win/Loss ratio of only 40% wins, but it catches the big moves and thats the main thing, so if ELON MUSK had of used this strategy instead of BUY and HOLD, he could of made 700% instead of 7% (as is, may, 2021)
Mainly intended for use as Automated TRADE BOT.
(imagine if Elon Musk did use this bot with his 1.3 billion $ worth of BTC, the drawdown would be like, half a billion or something haha (p.s.- use smaller lotsize % to get smaller drawdown, but then smaller profit....) )
For use with any pair and timeframe. In fact there is a timeframe setting to set the strategy to look at alternative timeframe from chart, but as default will just be set to charts timeframe.
Japsian - Advanced Ichimoku Kinko HyoThis Script is giving additional options to Ichimoku Kinko Hyo. Mainly used by Japsian Traders.
Extra Benefits:
Additional Kumo's with shift function, comes with On/OFF Option.
Additional Kijun Sen with Shift Function, comes with On/OFF Option.
Additional Tenkan Sen with Shift Functions, comes with On/OFF Option.
Quality Line: you can add any value as per your choice, i suggest 63, it perform same as middle channel of Fibonacci, comes with On/OFF Option.
Direction Line: you can add any value as per your choice. i Suggest 216. it will provide clear long term trend and continuation when stays above and under Kumo. it creates powerful Level of Support and resistance, comes with On/OFF Option.
Adding Previous Day/Week/Month High & Low to Current Time.
Special Appreciation to Hooman, with his support i could create this advance Ichimoku indicator.
BTC_ISHIMOKUInvestment trading strategy on the daily timeframe of the BTC-USD pair based on the Ichimoku cloud indicator
Kyushu Legs - Advanced Ichimoku Kinko Hyo TechniqueWhat is Kyushu Legs?
Kyushu Legs created by the open price of 9 previous weekly candle and current weekly close price.
P/s: This is the advanced Ichimoku Kinko Hyo technique by Master Goichi Hosoda
Ganntime Grid Bot Long Strategy with frostybotThe grid strategy customized specifically for Frostybot. It use the tradingview webhook implement the safe orders mechanism of 3commas, and different position sizes can be selected according to the market direction. Currently, only long is supported.the default configration is suitable for some pair.but you can change it by yourself. Everyone is welcome to experience.
Now_n_FutureNow_n_Future base on Kumo cloud of Ichimoku Kinki Hyo system with detail below:
1. The Now Line
- When price moving above Kumo, color of now line is green.
- When price moving below Kumo, color of now line is red.
- When price moving inside Kumo, color of now line is gray.
- When price go into Kumo, now line appear gray dot.
- When price cross over Kumo, now line appear green dot.
- When price cross under Kumo, now line appear red dot.
2. The Future Line
- When Senkou Span A moving above Senkou Span B, color of future line is green.
- When Senkou Span A moving below Senkou Span B, color of future line is red.
- When Senkou Span A cross over Senkou Span B, future line appear green dot.
- When Senkou Span A cross under Senkou Span B, future line appear red dot.
3. Trading
- When color of both now line and future line is green, consider open Long position or close Short position.
- When color of both now line and future line is red, consider open Short position or close Long position.
Ichi Alerts StrategyThis Strategy is related to our Ichimoku Alerts Study script.
The strategy results below shows a strategy test on a 1 hour chart with standard crypto Ichimoku settings with personal TP and SL settings added.
(Starting capital $1,000, 100% equity per trade, 0.0075% fee included)
Within the strategy settings, there is a 'Disable Cross' option. In short;
- When cross is active, if the blue line crosses the white line after a signal, it will close the trade for you. This is beneficial as can effectively pull you out of a potentially losing trade.
> Note: You can alert this exit signal using the alerts options available in the study version, and of course add a webhook into the alert message so you can automatically close a trade based on this cross function
- When the cross is disabled, then your trade will stay open until you either hit your TP or SL target, or if another trade signal is fired
Standard TP and SL % options are included in the options.
This strategy does compound your trades for a realistic view on your strategy outcome.
Any questions please ask away in the comments.
IchiAlerts StudyIchimoku Alerts is an indicator born from the Ichimoku Cloud .
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on the chart. It also uses these figures to compute a cloud which attempts to forecast where the price may find support or resistance in the future.
We have combined several key elements of the Ichimoku Cloud to produce our unique Ichimoku Alerts indicator.
There is also a strategy version so you can backtest results if you so wish to, which I will also share on TradingView.
This indicator can be automated and adapted to fit other timeframes (I've managed to create a nice bot on the 5M timeframe with specific Ichimoku settings).
The Indicator will also print exit signals when the conversion line (blue line in the image) crossed the base line (white line in the image).
If these blue and white lines were to cross again while all other conditions of this indicator are still being met, it will fire a secondary long/short signal. The image above provides a perfect example of a primary short signal, followed by an exit signal, followed by a secondary short signal. In this instance, both signals were winning trades.
Settings within the study contain exactly the same settings you'd find in the standard Ichimoku cloud ...
- Recommended settings for Crypto are 20-60-120-30
When framing a trade after receiving a signal, you should....
- place your stop loss a the lowest cloud line (for longs) or the highest cloud line (for shorts). See image above for a short example
- Your Take profit target is yours to decide, but taking proper risk management is key, and I would advise to aim for a risk/reward ratio of 1:1.5
Hopefully I have covered the basics of this indicator. It's simple yet very effective at providing signals of changes in trend, and with the added bonus of being able to alert those changes, means you don't have to check multiple charts every hour or so!
Ichimoku Crypto Cloud 11-30-61A minor adjustment to the original Ichimoku Cloud, changing periods to reflect the 24/7 open market of cryptocurrency.
TENKAN: 11 - a week and a half
KIJUN: 30 - one month
SENKOU: 61 - two months
For a simpler visualization, I made the cloud limit lines and the Chikou line invisible by default.
Hosoda Cycles (24x7 mkt) {fmz}This script allows you to see on the chart which are the bars, including future ones, which correspond to the cycles of Goichi Hosoda, the inventor of Ichimoku Kinko Hyo.
This script is only suitable for 24x7 markets, it is not suitable for markets with closing times and weekends, or gap markets where trading is not active. In fact, the calculation of calendar times is used, not suitable for markets with closing times.
Use the settings to indicate what the start time of bar 1. The indicator will produce many vertical bars, even in addition to the end time of the graph.
