lvturner

Ichimoku Volume Filtered Signals

lvturner Updated   
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

If you find this useful, consider sending some bitcoin my way 😀


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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 closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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