OPEN-SOURCE SCRIPT
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Ichimoku Kinko Hyo + Fractals

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.

Sürüm Notları
Color "code" for Kijun-sen and Tenkan-sen endings added.
Sürüm Notları
Fixed Tenkan-sen plot bug.
Sürüm Notları
Tooltips added.
Sürüm Notları
Code updated. Some more Background signals added.
Sürüm Notları
Attributes of some drawn objects Added. Because of output limitations, I can't add more attributes.
Sürüm Notları
Script converted to Pine v5.
Sürüm Notları
IB/IS signal updated.
Sürüm Notları
Screenshot issue.
Sürüm Notları
Code updated (signal textcolor).
Sürüm Notları
Fixed strange behavior (since a few weeks) of "Ichimoku endings".
Sürüm Notları
Tenkan-Sen and Kijun-Sen can now be added separately.

Feragatname