Kijun-Price Distance — Indicator by ramsay09

trendanalysis kijun-sen tenkan-sen distance background-color

This script shows optional:

- distance between close price and Kijun-Sen

- distance btween Tenkan-Sen and Kijun-Sen

- Background color of current time frame

- Background color of the next higher time frame

Release Notes:

minor improvements

Release Notes:

MTF Price-Kijun distance histogram for 4H, D, W and M added

Release Notes:

Screenshot issue.

Release Notes:

Screenshot issue.

Release Notes:

Some code improvements.

Release Notes:

Bug removed on Tenkan - Kijun distance plot

Release Notes:

Kijun-dist X tenkan-kijun-dist signal added.

Release Notes:

Kijun-dist X Tenkan-dist signal added.

Release Notes:

Screenshot issue.

Release Notes:

Tooltips added and minor changes.

Release Notes:

Code updated.

Release Notes:

Script converted to Pine v5.

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.

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.

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