Kijun-sen Colored [aamonkey] — Indicator by aamonkey

trendanalysis ichimokuclouds movingaverage kijun kijunsen kijun-sen ichimokuforex ichimokuindicator ichimokuexpert ichimoku_trader ichimouku

I isolated the Kijun-sen from the Ichimoku Cloud and colored it.

You can do major damage by just entering when the price closes above the Kijun-sen and sell when it is the other way around.

Add some other confirmation indicators to filter some false breakouts and you are good to go.

Release Notes:

Fresh update

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.

Want to use this script on a chart?