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Ichimoku Cloud Enhanced - Conditions IndicatorOriginal Cloud code base from "Ichimoku Cloud Enhanced For Crypto" Link here At a glance simplified rendering of ichimoku cloud elements and algorithmic detection of all ichimoku cloud events. Has alert conditions for all/most events you would want. Central red/green band represents the cloud and the current "future" cloud colour. Kumo Twists are shown for when they are both below/above the current candle and for when they first appear in the "future" cloud. Orange line represents close and it's relative position to the cloud and Kinjun. Tenkan and Kinjun, crosses and relative position to the cloud (blue/green lines). Will show crosses if they occurred above/in/below the cloud etc. Chikouspan Breakouts (above/below cloud & price action) fuchsia lines. It should have all the logic required to build a strategy from IC conditions by combining them however you want. ------------------------------------------------------- If you find it useful please consider a tip/donation to the rumpy liquidation recovery fund : BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
Penunjuk Pine Script®
oleh rumpypumpydumpy
2
Ichimoku Cloud DistanceAn alternative way to look at the Ichimoku Cloud with various modes: Distance to Center: the various lines of the Ichimoku system are displayed as the distance to the center of the cloud in percentage terms. 0 is the center of the cloud. Distance to Edge: lines are displayed as the distance to the closest edge of the cloud in percentage terms. values inside the cloud are displayed as 0. Hybrid: values outside of the cloud behave as the 'Distance to Edge' mode, values inside behave as 'Distance to Center' mode. The values outside the cloud are scaled by the supplied scale factor in order to make things more readable. Best value for this scale factor is chart/timeframe dependent. The interval from -1 to 1 is equivalent to the bottom and top of the cloud respectively; 0 is the center. The background color is the color of the cloud.
Penunjuk Pine Script®
oleh NgUTech
Ichimoku Kinko Hyo [DM]Ichimoku Kinko Hyo PineV5 Definition The Ichimoku Cloud is a package of multiple technical indicators that signal support, resistance, market trend, and market momentum. It is one of the few indicators out there that attempts to convey a number of meaningful insights into one. For that reason it can be hard to understand at first glance, but is commonly used among professional traders and market participants. History In the late 1960s, Goichi Hosada introduced the Ichimoku Cloud. It took several years for its adoption and understanding to take off, but today it is commonly known and used as an indicator in the field of technical analysis. Calculations The Ichimoku Cloud can be calculated in several different ways. It depends on your timeframe, needs, and expertise in technical analysis. Takeaways The Cloud is an integral part of the technical indicator as a whole and helps traders and investors identify the specific calculations made to the chart. Price below the cloud indicates a downward trend, whereas price above the cloud indicates an uptrend. These trend signals can strengthen if both the cloud and the price are moving in the same direction. Similarly, the signals can weaken if the cloud is moving in the opposite direction. What to look for By using various averages, the Ichimoku Cloud indicator gives traders and investors key and extensive data information. Trends are high when price is above the cloud, weak when price is below the cloud, or transitioning when price is seen inside the cloud. As was mentioned in the Calculation section above, when Leading Span A falls below Leading Span B, we can confirm a downtrend. The cloud, in this case, displays a red hue. When Leading Span A is above Leading Span B, we can confirm an uptrend. The cloud, in this case, displays a green hue. The Ichimoku cloud can be used with other technical indicators in order to better assess risk. By looking at larger trends, with the help of multiple indicators, traders are able to see how smaller trends can fit within the general market picture as a whole. Limitations With all of the lines and cloud shading and data points, the chart can look a little crowded and stuffy. In order to work through this, there’s software that can hide these lines so the chart looks cleaner for traders and all the information you’d like to see is at the forefront of the chart. At TradingView, we have special features available for all our users. Anyone using our platform can pick which lines and backgrounds they’d like shown and can also customize the color, line thickness, and opacity with a simple click. more info: ichimoku.org
Penunjuk Pine Script®
oleh dgmoon
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.
Penunjuk Pine Script®
oleh salarkamjoo
Ichimoku [Gu5]Original Ichimoku Kinko Hyo created by Goichi Hosoda 1930 Knowing how to interpret the Ichimoku indicator can be complicated. I hope this version is more intuitive Use Ichimoku to determine the trend of the day When the market is above the cloud, and Tenkan (green line) crosses over Kijun (red Line), there is a Bullish Trend . When Tenkan crosses under Kijun, the trend ends. When the market is under the cloud, and Tenkan crosses under Kijun; There is a Bearish Trend . When Tenkan crosses over Kijun, the trend ends. When the market crosses the cloud (orange bars), there is no trend The default setting is 9, 26 and 52. For cryptocurrencies (24/7 market), you can change it to 10, 30 and 60 periods. /// Ichimoku Kinko Hyo fue creado por Goichi Hosoda en 1930 Saber interpretar al indicador Ichimoku puede ser complicado. Espero esta version sea mas intuitiva Use Ichimoku para determinar la tendencia del día, y operar solo a favor de la misma Cuando el mercado esta sobre la nube y Tenkan (linea verde) cruza sobre Kijun (linea roja), la tendencia es alcista. Cuando Tenkan cruza bajo Kijun, termina la tendencia. Cuando el mercado esta bajo la nube y Tenkan cruza bajo Kijun, la tendencia es bajista. Cuando Tenkan cruza sobre Kijun, termina la tendencia. Cuando el mercado atraviesa la nube (barras naranjas), no hay tendencia Por defecto, el seteo es 9, 26 y 52. Para criptomonedas, puede cambiarlo a 10, 30 y 60 períodos
Penunjuk Pine Script®
oleh gu5tavo71
1
Ichimoku ACE ClubA. Overview: This script is a custom implementation of the Ichimoku Cloud indicator for the TradingView platform, built using Pine Script version 4. It adds additional features like custom "Knife" lines and circle markers for specific data points. The indicator overlays on the chart and plots various elements of the Ichimoku system, including the Tenkan, Kijun, Chikou, and Kumo Cloud. B. Inputs: 1. Tenkan (TS): This is the short-term moving average line (default period: 9). 2. Kijun (KJ): This is the medium-term moving average line (default period: 17). 3. Knife1 (K1): This line is based on a longer-term moving average (default period: 65). 4. Knife2 (K2): Another long-term moving average line (default period: 129). 5. Chikou Displacement (Chikou_Disp): The Chikou Span is plotted with a delay of 26 periods by default. 6. Displacement (disp): Determines the horizontal shift of the Kumo cloud. C. Functions: - `donchian(len)`: This function calculates the Donchian channel, which is the average of the highest high and the lowest low over the given period (len). - `mf(len, offset)`: This function calculates the highest high and the lowest low over the given period, with an offset applied. D. Plots: 1. Tenkan, Kijun, Knife1, and Knife2: These are plotted as lines with different colors and thicknesses. - Tenkan is blue. - Kijun is red. - Knife1 is yellow. - Knife2 is orange. 2. Chikou Span: This is plotted with a displacement and shown in purple. 3. Kumo Cloud: The cloud is formed by plotting two lines, Span A (green) and Span B (magenta), which represent the top and bottom of the cloud, respectively. The space between these lines is filled with a semi-transparent color, either green or magenta, depending on the relative position of the two spans. E. Circle Markers: - Additional circle markers are plotted for each of the Tenkan, Kijun, Knife1, and Knife2 lines at various offsets, helping to visualize the historical data points for each of these indicators. These circles are color-coded according to the line they correspond to. F. Customization: - The indicator allows customization of the lengths (periods) for Tenkan, Kijun, Knife1, Knife2, and other components via the script's input fields. G. Conclusion: This Ichimoku-based indicator provides a detailed view of the market's trend strength and direction. It offers a unique addition with the Knife lines and visual aids like circle markers for specific periods, which helps traders make better-informed decisions based on Ichimoku analysis. --- You can modify the parameters such as `TS`, `KJ`, `K1`, `K2`, and `disp` according to your trading preferences. The colors and line thicknesses can also be adjusted for better visual representation.
Penunjuk Pine Script®
oleh binhmyco
Ichimoku MA Up & DownIchimoku and MA use the default. It is repainted because it uses a moving average line. A marker is only true if it was created after the candle closed. The principle is too simple. Please enjoy using it. - Up : Conversion Line > MA #1 and Base Line > MA #2 It is an uptrend. The short-term moving average should be above the conversion line. And the long-term should be above the Base Line. - Down : Conversion Line < MA #1 and Base Line < MA #2 It's a downtrend. The short-term moving average should be below the conversion line. And the long-term should be below the Base Line. You can get better results if you use a momentum indicator like RSI. Thank you.
Penunjuk Pine Script®
oleh Feel_Long_KIM
3
Ichimoku Breakout Kumo SWING TRADER (By Insert Cheese)A simple strategy for long spot or long futures (swing traders) based on a basic method of Ichimoku Kinko Hyo strategies. The strategy is simple: - Buy when the price breaks the cloud - Close the trade when the price closes again inside the cloud. The parameters that work best on this strategy are 10,30,60,30 and 1 for Senkou-Span A but you can try classic Ichimoku parameters (9,26,52,26,26) or whatever you want like (7,22,44,22,22), (10,30,60,30,30) and others. -1D chart I have removed everything from the interface except the cloud to make it visually more aesthetic :D (but if you want to see all the ichimoku indicator you can put in again into the chart) I have also added several functions for you to do your own backtesting: - Date range - TP AND SL method - Includes long or short trades The strategy starts with 500 $ and use 100% for trade to make the power of the compounding :P Remember that this is for only educational porpouse and you must to do your own research and backtested on your usually market.. I hope you like it enjoy and support this indicator :) Donate (BEP20) 0xC118f1ffB3ac40875C13B3823C182eA2Af344c6d
Strategi Pine Script®
oleh InsertCheese
4
Ichimoku ImbalanceYou may have heard the word balance or imbalance This indicator is designed based on Ichimoku periods to display imbalances in each period When you see a black mark, it means that one of the Ichimoku periods is saturated or unbalanced If the current candle was equal to the lowest price on 9/26/52 of the last period and the highest price was equal to the last candle from left on 9/26/52 of the last period If the current candle was equal to the highest price on 9/26/52 of the last period and the lowest price was equal to the last candle from right on 9/26/52 of the last period This indicator is a useful and powerful tool for Ichimoku traders to understand overbought and oversold points in different time periods. Note: This is an auxiliary tool and does not issue buy and sell signals
Penunjuk Pine Script®
oleh Esfiam
4
Ichimoku [2022] [v5] [keivanipchihagh]A more personalized ichimoki indicator with more configurations. This indicator is exactly like the original ichimoku indicator, but with 104 Line (x4 timeframe) , 208 Line (x8 timeframe) , Quality Line and Tenken-sen & Kijun-sen crossovers added as well. The extras added to the indicator can simply be hidden in order to make the chart look less full. 104 Line : The formula is to average the highest and lowest point of the last 104 candles. This is to see the x4 time-frame as well, which shows a strong support and resistance line. 208 Line : The formula is to average the highest and lowest point of the last 208 candles. This is to see the 84 time-frame as well, which shows even a stronger support and resistance line. Quality Line : It's exactly the same the Kijun-sen but with a positive offset of 26. Tenken-sen & Kijun-sen Crossoveers : Just to make it easier to see the crossovers. In future updates, I'm going to add more components and make it more insightful than it currently is. Ideas would be appreciated (:
Penunjuk Pine Script®
oleh keivanipchihagh
6
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).
Penunjuk Pine Script®
oleh xdecow
16
Ichimoku by FarmerBTCLegal Disclaimer This strategy, "Ichimoku by FarmerBTC," is provided for educational and informational purposes only. It does not constitute financial advice and should not be relied upon as such. Trading and investing involve substantial risk, including the potential for losing more than your initial investment. Past performance is not indicative of future results. Always consult with a qualified financial advisor before making trading or investment decisions. The author of this strategy is not responsible for any financial losses incurred through its use. Overview The "Ichimoku by FarmerBTC" strategy is a trend-following system built on the Ichimoku Cloud indicator, enhanced with volume analysis and a high-timeframe Simple Moving Average (HTF SMA) condition. It is designed to identify long-only trade opportunities and performs optimally on higher timeframes, such as the daily chart or above. Core Components 1. Ichimoku Cloud The Ichimoku Cloud is a comprehensive trend-following indicator that helps identify the overall market direction and momentum. It consists of: Conversion Line (Tenkan-Sen): Measures short-term momentum. Base Line (Kijun-Sen): Filters medium-term trends. Leading Span A: The average of the Conversion and Base Lines, forming one cloud boundary. Leading Span B: The midpoint of the highest high and lowest low over a longer period, forming the other cloud boundary. Key Ichimoku Rules Applied: The strategy identifies bullish trends when: The price is above the cloud. The cloud is bullish (Leading Span A > Leading Span B). 2. High-Timeframe Simple Moving Average (HTF SMA) This condition ensures alignment with the broader trend: Default SMA Length: 13 periods. Default Timeframe: 1 day. HTF SMA Rule: Trades are allowed only when the price is above the HTF SMA, ensuring alignment with the larger trend. 3. Volume Analysis The strategy uses volume to validate trade setups: Volume MA: A 20-period moving average of volume is calculated. Trades are allowed only when the current volume is at least 1.5x the Volume MA, indicating strong market participation. Entry and Exit Rules Entry Condition (Long Only): Price above the Ichimoku Cloud: Confirms a bullish trend. Bullish Cloud: Leading Span A > Leading Span B indicates upward momentum. Price above the HTF SMA: Ensures alignment with the broader trend. Volume exceeds threshold: Confirms strong market participation. Exit Condition: The strategy exits the position when the price moves below the Ichimoku Cloud, signaling a potential trend reversal. Best Timeframes This strategy is optimized for daily (1D) or higher timeframes (e.g., weekly 1W). Using it on lower timeframes may produce false signals due to increased noise in price and volume data. Default Settings Ichimoku Settings: Conversion Line Period: 10 Base Line Period: 30 Lagging Span Period: 53 Displacement: 26 HTF SMA Settings: SMA Length: 13 Timeframe: 1 Day Volume Settings: Volume MA Length: 20 Volume Multiplier: 1.5x Visualization Ichimoku Cloud: Dynamic cloud coloring (green for bullish, red for bearish) helps identify the current trend. HTF SMA: A purple line overlays the chart, providing a clear representation of the high-timeframe trend. Volume Panel: An optional panel displays volume (blue histogram) and the Volume Moving Average (orange line) to analyze market participation. Advantages of This Strategy High Accuracy on Higher Timeframes: Filtering trades using the Ichimoku Cloud, HTF SMA, and volume ensures robust trend alignment, reducing false signals. Volume Confirmation: Incorporates volume as a validation metric to enter trades only during strong market participation. Easy Customization: Parameters like Ichimoku periods, SMA length, timeframe, and volume thresholds can be adjusted to suit different assets or trading styles. Limitations Not Suitable for Low Timeframes: Lower timeframes can produce excessive noise, leading to false signals. Long-Only: The strategy is designed only for bullish markets and does not support short trades. Lagging Nature of Indicators: Both the Ichimoku Cloud and SMA are lagging indicators, meaning they react to past price movements. Conclusion The "Ichimoku by FarmerBTC" strategy is an excellent tool for trend-following on daily or higher timeframes. Its combination of Ichimoku Cloud, high-timeframe SMA, and volume ensures a robust framework for identifying high-probability long trades in trending markets. However, users are advised to test the strategy thoroughly and manage their risk appropriately. Always consult with a financial professional before making trading decisions.
Strategi Pine Script®
oleh FarmerBTC
1
Ichimoku Cloud Crosses_AITIchimoku Cloud Crosser_AIT The "Ichimoku Cloud Crosses_AIT" indicator is designed to leverage the Ichimoku Cloud components, focusing on the crossovers between the Tenkan-sen and Kijun-sen lines. This indicator visually displays these crossovers on the price chart to help traders identify potential long and short trading opportunities. 1. Indicator Components Ichimoku Cloud Elements Tenkan-sen (Conversion Line): A short-term trend indicator. It is the midpoint of the highest high and the lowest low over a specified period (tenkanLength). In this indicator, the default period is set to 21. Kijun-sen (Base Line): A medium-term trend indicator. It is the midpoint of the highest high and the lowest low over the specified period (kijunLength). In this indicator, the default period is set to 120. Senkou Span A and B: These components are part of the traditional Ichimoku Cloud, but they are not directly plotted in this version of the indicator. Chikou Span (Lagging Span): This component is included in the calculation but is not plotted in this indicator version. 2. Signal Conditions Long Signal Condition: A long signal is generated when the Tenkan-sen crosses above the Kijun-sen. Visual Representation: Displayed as a yellow triangle below the price bar. Short Signal Condition: A short signal is generated when the Tenkan-sen crosses below the Kijun-sen. Visual Representation: Displayed as a fuchsia triangle above the price bar. 3. How to Use the Indicator Add the Indicator: Apply the "Ichimoku Cloud Crosses_AIT" indicator to your chart in TradingView. Adjust Parameters: You can customize the periods for the Tenkan-sen, Kijun-sen, Senkou Span A, Senkou Span B, and Chikou Span in the indicator's settings. Interpret the Signals: Long Signal: Look for a yellow triangle below the bar, indicating a potential bullish crossover (Tenkan-sen crossing above Kijun-sen). Short Signal: Look for a fuchsia triangle above the bar, indicating a potential bearish crossover (Tenkan-sen crossing below Kijun-sen). Conclusion The "Ichimoku Cloud Crosses_AIT" indicator provides a clear visualization of the crossovers between the Tenkan-sen and Kijun-sen lines on the price chart. This tool helps traders quickly identify potential bullish and bearish signals, making it a valuable addition to any trading strategy. Adjust the settings and parameters as needed to fit your specific trading style and market conditions.
Penunjuk Pine Script®
oleh AITrading_ac
Ichimoku Crosses_RSI_AITIchimoku Crosser_RSI_AIT Overview The "Ichimoku Cloud Crosses_AIT" strategy is a technical trading strategy that combines the Ichimoku Cloud components with the Relative Strength Index (RSI) to generate trade signals. This strategy leverages the crossovers of the Tenkan-sen and Kijun-sen lines of the Ichimoku Cloud, along with RSI levels, to identify potential entry and exit points for long and short trades. This guide explains the strategy components, conditions, and how to use it effectively in your trading. 1. Strategy Parameters User Inputs Tenkan-sen Period (tenkanLength): Default value is 21. This is the period used to calculate the Tenkan-sen line (conversion line) of the Ichimoku Cloud. Kijun-sen Period (kijunLength): Default value is 120. This is the period used to calculate the Kijun-sen line (base line) of the Ichimoku Cloud. Senkou Span B Period (senkouBLength): Default value is 52. This is the period used to calculate the Senkou Span B line (leading span B) of the Ichimoku Cloud. RSI Period (rsiLength): Default value is 14. This period is used to calculate the Relative Strength Index (RSI). RSI Long Entry Level (rsiLongLevel): Default value is 60. This level indicates the minimum RSI value for a long entry signal. RSI Short Entry Level (rsiShortLevel): Default value is 40. This level indicates the maximum RSI value for a short entry signal. 2. Strategy Components Ichimoku Cloud Tenkan-sen: A short-term trend indicator calculated as the simple moving average (SMA) of the highest high and the lowest low over the Tenkan-sen period. Kijun-sen: A medium-term trend indicator calculated as the SMA of the highest high and the lowest low over the Kijun-sen period. Senkou Span A: Calculated as the average of the Tenkan-sen and Kijun-sen, plotted 26 periods ahead. Senkou Span B: Calculated as the SMA of the highest high and lowest low over the Senkou Span B period, plotted 26 periods ahead. Chikou Span: The closing price plotted 26 periods behind. Relative Strength Index (RSI) RSI: A momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is used to identify overbought or oversold conditions. 3. Entry and Exit Conditions Entry Conditions Long Entry: The Tenkan-sen crosses above the Kijun-sen (bullish crossover). The RSI value is greater than or equal to the rsiLongLevel. Short Entry: The Tenkan-sen crosses below the Kijun-sen (bearish crossover). The RSI value is less than or equal to the rsiShortLevel. Exit Conditions Exit Long Position: The Tenkan-sen crosses below the Kijun-sen. Exit Short Position: The Tenkan-sen crosses above the Kijun-sen. 4. Visual Representation Tenkan-sen Line: Plotted on the chart. The color changes based on its relation to the Kijun-sen (green if above, red if below) and is displayed with a line width of 2. Kijun-sen Line: Plotted as a white line with a line width of 1. Entry Arrows: Long Entry: Displayed as a yellow triangle below the bar. Short Entry: Displayed as a fuchsia triangle above the bar. 5. How to Use Apply the Strategy: Apply the "Ichimoku Cloud Crosses_AIT" strategy to your chart in TradingView. Configure Parameters: Adjust the strategy parameters (Tenkan-sen, Kijun-sen, Senkou Span B, and RSI settings) according to your trading preferences. Interpret the Signals: Long Entry: A yellow triangle appears below the bar when a long entry signal is generated. Short Entry: A fuchsia triangle appears above the bar when a short entry signal is generated. Monitor Open Positions: The strategy automatically exits positions based on the defined conditions. Backtesting and Live Trading: Use the strategy for backtesting and live trading. Adjust risk management settings in the strategy properties as needed. Conclusion The "Ichimoku Cloud Crosses_AIT" strategy uses Ichimoku Cloud crossovers and RSI to generate trading signals. This strategy aims to capture market trends and potential reversals, providing a structured way to enter and exit trades. Make sure to backtest and optimize the strategy parameters to suit your trading style and market conditions before using it in a live trading environment.
Strategi Pine Script®
oleh AITrading_ac
Ichimoku + RSI Crypto trending strategyThis is a crypto trending strategy designed for big timeframes such as 3-4h+. Its components are: RSI ICHIMOKU full pack Heikin Ashi candles for logic calculation inside Rules for entry. For long : we have a long cross condition on ichimoku and price is above the ichimoku lines, and at the same time RSI value is > 50. For long : we have a short cross condition on ichimoku and price is below the ichimoku lines, and at the same time RSI value is < 50. Rules for exit We exit whenever we receive an opposite signal of the initial entry. SInce this strategy is using no risk management inside, I recommend to be careful with it . If you have any questions, let me know !
Strategi Pine Script®
oleh exlux
Ichimoku with offset includedBased 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, Span B, and/or treat it like Donchian Channels and such in the Ichimoku system, I included an offset of 1 as the default. To change this indicator to a standard regular looking Ichimoku, just change the offset value to 0. The formula seems a bit different to what Tradingview has for their own version of Ichimoku but it's the same as many other programmers here. I made the colors as close to the traditional colors seen in books and other places and Tradingview as much as I could think of. Ichimoku has many different variations out there and to add the the confusion can have many different strategies to go with it. If you have any suggestions or tips, please let me know.
Penunjuk Pine Script®
oleh SparkyFlary