fikira

MTF Ichimoku Cloud

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Here is my take on Ichimoku Cloud , Multiple Time Frames, based on the
most excellent work of "PineCoders" (MTF Selection Framework functions)!

The big advantage is that on 1 image you can easily see where
price is compared to Ichimoku Cloud patterns (each of different Time Frames).
This gives a lot of Support and Resistance area's!

I restricted the amount of MTF's at 2, more is just too messy

To make it more clear:
- Conversion line and Baseline in present timeframe : thick line
- Conversion line and Baseline in Higher Time Frame (HTF 1) : thin line
- Conversion line and Baseline in Higher Time Frame (HTF 2) : line with circles

All lines has labels at the right of the line with corresponding Time Frame



Since some prefer different settings with higher Time Frames,
each period in each Time Frame can be changed

The Time Frames itself can be chosen:
- or a multiple of present Time Frame
- or a fixed chosen Time Frame



Thanks!
Sürüm Notları: Just some tweaking

It is important to mention that it works alone with continue charts,
I mean like crypto, where trading happens non-stop.

Stock, Futures, ... where trading stops in the day and weekends doesn't mix with this script, sorry...
Sürüm Notları: Fixed the issue regarding stock, Futures, ...
Normally MTF Ichimoku Cloud will perform as intended

Thanks!
Sürüm Notları: small fixes
Sürüm Notları: update
Sürüm Notları: Small fixes
Sürüm Notları: Small adjustments for overlapping
Favori Komutlardan Çıkart Favori Komutlara Ekle

Yorumlar

Great work!!!
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fikira Happiesttrader
@Happiesttrader, Thanks!
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Thanks for sharing. For some reason I had to move the displacement of the MTF to 27 to make it overlap the normal cloud
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fikira firestorm1
@firestorm1, I've tried to change the settings (correction Displacements HTF), I hope it is better now!
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I currently use Ichimoku but with 2 different Tekan and Kijun timeframes. I feel it's better about support and resistance levels. Let's build V2 with that idea
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beautiful bro thanks so much!!!
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Nicee like always :D
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fikira Willien
@Willien, Thanks!
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Awesome work fikira. Thank you for sharing
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