Ichimoku Volume Filtered Signals

For use whenever you would use an Ichimoku Indicator.

This indicator will print buy and sell signals when the following conditions are met - note all parameters for ichimoku, volume sma, etc are configurable

Buy

Price is above cloud
Tenkan-sen is above Kijun-sen
Volume is double or more than 20 sma volume
Volume is less then four times 20 sma volume
Candle is positive

Sell

Price is below cloud
Kijun-sen is above Tenkan-sen
Volume is double or more than 20 sma volume
Volume is less than four times 20 sma volume
Candle is negative

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Good luck and have fun!

Release Notes

Inserted default colours to stop TV choosing weird ones by default.
Open sourcing le code.

Release Notes

Volume min/max multipliers now floats
Changed default minimum volume to 1.5x
Added trend indicators - strong bull/bear represented above or below candles

Note: Finding this works best with Heiken Ashi candles

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

lvturner

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.

lvturner