OPEN-SOURCE SCRIPT
Multi Timeframe Silent Ichimoku
Multi Timeframe Silent Ichimoku
Is an upgrade on my previous Silent Ichimoku indicator witch attempts to filter out the noise from the Ichimoku indicator By only coloring the bars
Green if the Ichimoku spots an uptrend
Red if Ichimoku spots a downtrend
And Gray if Ichimoku spots consolidation
This Indicator adds the ability to filter out some bad signals by taking the Ichimoku from the higher time frame into consideration and providing a visual back test
Huge shout out to fareidzulkifli for the [fareid] Quick Backtest Framework Awesome tool to add to your framework
Is an upgrade on my previous Silent Ichimoku indicator witch attempts to filter out the noise from the Ichimoku indicator By only coloring the bars
Green if the Ichimoku spots an uptrend
Red if Ichimoku spots a downtrend
And Gray if Ichimoku spots consolidation
This Indicator adds the ability to filter out some bad signals by taking the Ichimoku from the higher time frame into consideration and providing a visual back test
Huge shout out to fareidzulkifli for the [fareid] Quick Backtest Framework Awesome tool to add to your framework
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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