OPEN-SOURCE SCRIPT
[TheMandalor] Ichimoku Tenkansen Kijunsen Tip/ Signal
This is the first Ichimoku tip that I have planned to code and publish it for all of you , I hope it is useful too.
Here is the structure of this tip:
When the Tenkansen is greeter than price and the Kijunsen is flatted and Tenkansen has a shape like V of inverted V, the indicator will plot a circle on V and/or inverted one and plot a background color to show you it is time for sell or buy, as you know the red color is for sell and the green color is using for buy signal.
Please pay attention that Ichimoku has a lot of TIPS and you must mix one or some of them that more compatible with your strategy together.
cheers
have fun and happy trading.
Here is the structure of this tip:
When the Tenkansen is greeter than price and the Kijunsen is flatted and Tenkansen has a shape like V of inverted V, the indicator will plot a circle on V and/or inverted one and plot a background color to show you it is time for sell or buy, as you know the red color is for sell and the green color is using for buy signal.
Please pay attention that Ichimoku has a lot of TIPS and you must mix one or some of them that more compatible with your strategy together.
cheers
have fun and happy trading.
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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