Associate various ichimoku signals with a score. For example, bullish signal => positive score, and bearish signal => negative score. If the total score is above 0, it may indicate a bullish trend. Otherwise, if it is below 0, it may indicate a bearish trend.
Signals from: ichimokutrader.com/signals.html
- Tenkan Sen (turning line) / Kijun Sen Cross (standard line) - Kijun Sen Cross (price and standard line) - Kumo breakout - Senkou Span Cross - Chikou Span Cross (lag line) - Lag line relative to cloud (misc. metric) - Price relative to cloud (misc. metric)
The bearish/bullish scores of all the ichimoku signals + misc. metrics are totalled up and plotted.
Very readable script with useful comments! Thank you @sjb933
ShirokiHeishi
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I have messing around with doing something like this for a long time, but I see I have been beaten to the punch. Nice work here, quite in depth. Thanks
mehrdadamirzadeh
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Very good
NattoV
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well done
testjog
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5test
jamc
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You need to remove the // remarks and unnecessary blank lines from the code to keep it compact.
Otherwise, i like the idea :)