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sarangab

IO_Ichimoku_Simple

sarangab  
Ichimoku Cloud ichikumo simplied
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ichimokuclouds ichikumo simplied
v1.0

This is a simplified version of Ichimoku cloud: Chikou and Senkou A and B clouds removed

Tenkan and Kijun is color coded based on the following rules:

1. If both Tenkan and Chikou are above Senkou then bullish
2. If both Tenkan and Chikou are below Senkou then bearish

The chart shows a plot of Tenkan and Kijun color coded with the above rules
-- INVSTO
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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