This study interprets SuperTrend with Ichimoku Cloud, one of the popular technical analysis indicator, and interprets Directional Movement (DMI), which is another quite valuable technical analysis indicator.
Then combines the interpreted SuperTrend with interpreted Directional Movement (DMI) and Volume Based Colored Bars indicator created by Kıvaç ÖZBİLGİÇ...
This is the Ichimoku Kinko Hyo indicator, using colorblind friendly colors as much as possible so that every line or cloud trend can be identified more easily. It is correctly visible both in bright and dark mode.
Note: I have only tested the visibility on myself (I'm deuter), if anyone with another kind of colorblindness has issues distinguishing lines, I'll...
This indicator is a standard set of Bollinger Bands with some functionality borrowed from Ichimoku Kinko Hyo. There's an added SMA (9) that gets shaded green when it's above the basis line of the Bollinger Bands (SMA 20) and turns red when it falls below. No, it's not remotely where the Ichimoku Cloud would appear, but it's a decent trend indicator...
Multiple Time Frame Version of Ichimoku Kinko Hyo Indicator.
Created in 1940's by Goichi Hosoda withe the help of University students in Japan.
Ichimoku is one of the best trend following indicators that works nearly perfect in all markets and time frames.
Ichimoku is originally an built in indicator in Tradingview but there are some problems like:
Original Ichimoku Kinko Hyo created by Goichi Hosoda 1930
Knowing how to interpret the Ichimoku indicator can be complicated. I hope this version is more intuitive
Use Ichimoku to determine the trend of the day
When the market is above the cloud, and Tenkan (green line) crosses over Kijun (red Line), there is a Bullish Trend . When Tenkan crosses under Kijun,...
The default Ichimoku Cloud by TradingView is strange. The kumo is only displaced 25 periods forward, and the chikou is displaced 25 periods back. This is because TradingView had the correct value for displacement (26), but they decided to subtract this displacement by 1 when actually drawing the kumo and add 1 when drawing the chikou. This script fixes this and...
This Ichimoku Kinko-Hyo is an indicator which has been changed for short-term trading and, It has a “target price theory(one of three theory of Ichimoku Kinko-Hyo) function.”
Also, In this indicator, It can be plotting the “Span model”, “Super Bollinger Bands” which has Invented by a Japanese currency dealer Toshihiko Masaki, And Moving Average.
In addition, you...
This is an update of "Uncle Mo's Ultimate Ichimoku V1"
2 x Ichimoku Cloud
5 x EMA
2 x MA
1 x HullMA
Bollinger Bands - ***NEW***
ATR - ***NEW***
PSAR - ***NEW***
Candlestick Patterns - ***NEW***
Price Action Bars- ***NEW***
List of credits:
@br0qn for the Ichimoku
@RicardoSantos for the Bill Williams Fractal...
Similar basic principle to Ichimoku cloud, more sophisticated implementation.
I've exposed cloud width multipliers in the setting in case anyone wants to experiment with them, there are likely to be other widths of significance.
Lots of lines so settings includes easy batch way of altering color settings.
If you find it...
Open Source Ichimoku Kinkō hyō Keizen 改善
First of all, thank you for using my work, making changes and continuing to share it for free.
I chose as indicator name Ichimoku Kinkō hyō Keizen logically simply by
what the word Keizen reflects a Japanese method which means continuous improvement and quality.
The goal here is to correct already any offset faults that...
Multiple Time Frame Version of Ichimoku Kinko Hyo ( Ichimoku Cloud ) Indicator.
This indicator supports only one Time frame.
Mainly intended for use as Support and Resistance.
When Kijunsen and Tenkansen cross, Triangles(▲or▽) are displayed.
The Price of each line is displayed on the label.
Note: If you don't load the left chart enough, the Cloud won't...