PROTECTED SOURCE SCRIPT
Updated ZFelds' Kijun Sen x PA Cross w/OHLC
An indicator created to signify when Price Action crosses the Kijun Sen (Base Line) of the Ichimoku Cloud.
Added option to use Candle Open/Close instead of Hi/Low of the Kijun Sen.
The indicator is used in the following way:
When the line turns Blue, this signifies Price Action crossing UPWARDS through the Kijun Sen, signaling to be aware of BUY opportunities.
When the line turns Pink, this signifies Price Action crossing DOWNWARDS through the Kijun Sen, signaling to be aware of SELL opportunities.
Works especially well in confluence with Major Horizontal Levels and Moving Averages.
As well as when trading in the direction of the macro (or anchor) trend.
Originally coded by Cryptodontrading from The Cave based on my strategy, further tweaked/simplified by @SemiQuasi.
Added option to use Candle Open/Close instead of Hi/Low of the Kijun Sen.
The indicator is used in the following way:
When the line turns Blue, this signifies Price Action crossing UPWARDS through the Kijun Sen, signaling to be aware of BUY opportunities.
When the line turns Pink, this signifies Price Action crossing DOWNWARDS through the Kijun Sen, signaling to be aware of SELL opportunities.
Works especially well in confluence with Major Horizontal Levels and Moving Averages.
As well as when trading in the direction of the macro (or anchor) trend.
Originally coded by Cryptodontrading from The Cave based on my strategy, further tweaked/simplified by @SemiQuasi.
Release Notes
Changed Short Title Release Notes
Updated Linewidth & Transparency to Default @ 4 / 0 Transparency Release Notes
Updated Short Title & Visual Explanation Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.