Ichimoku Kinko Hyo + Fractals

2020년 8월 29일

In contrast to my Ichimoku ++ Study this is a pure Ichimoku Konko Hyo Study with Bill Williams Fractals (I couldn't leave out the fractals as these levels are too important for Ichimoku trading).

In this study you can find many visualisation options for the Ichimoku Indicator and the signals the Ichimoku Tradingsystem can provide.

Tenkan-sen and Kijun-sen are provided optionally as mtf levels.

An mtf price cloud relationship is shown in the upper right.

The included signals are:

B1/S1 is a strong filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Chikou > Kumo AND Tenkan > Kijun AND Komo is green

B2/S2 is a less filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Tenkan > Kijun

IB/IS is a confluence signal. The condition for a long/short entry is: more than 50% of the 8 defined conditions must trigger a long signal. Below 50% long, it is a short signal because more than 50% of the entry conditions have triggered a short signal.

2020년 8월 30일

릴리즈 노트

Color "code" for Kijun-sen and Tenkan-sen endings added.

2020년 9월 12일

릴리즈 노트

Fixed Tenkan-sen plot bug.

2021년 4월 28일

릴리즈 노트

Tooltips added.

2021년 7월 5일

릴리즈 노트

Code updated. Some more Background signals added.

2021년 7월 23일

릴리즈 노트

Attributes of some drawn objects Added. Because of output limitations, I can't add more attributes.

2021년 10월 13일

릴리즈 노트

Script converted to Pine v5.

2021년 10월 31일

릴리즈 노트

IB/IS signal updated.

2021년 11월 1일

릴리즈 노트

Screenshot issue.

2022년 11월 1일

릴리즈 노트

Code updated (signal textcolor).

2023년 3월 10일

릴리즈 노트

Fixed strange behavior (since a few weeks) of "Ichimoku endings".

2024년 7월 26일

릴리즈 노트

Tenkan-Sen and Kijun-Sen can now be added separately.