Ichimoku Cloud - AlertsIchimoku cloud
IC is a trend - following system with an indicator similar to moving averages
It predicts price movements
Offers a unique perspective of support and resistance levels.
Conversion Line (Turning Line)
- Measures Short Term Trend
- SIgnals an area of minor support and resistance
Base Line (Confirmation Line)
Measures Medium term trend
Used as Trailing Stop Level.
Lagging Span (Lagging Line)
Used for Confirmation of signals
Can also serve as Support and Resistance Level
Kumo Cloud
Formed of two lines: Span A (Green Line) and Span B (Red Line)
Dynamic Support and Resistance .
HOW TO READ ICHIMOKU INDICATOR
Conversion Line
If the Market Price is above the Conversion Line = Short Term Upward Movement
If the Market Price is below the Conversion Line = Short Term Downward Movement
Increasing Conversion Line = Upward Short Term Trend
Decreasing Conversion Line = Downward Short Term Trend
Base Line
If the Market Price is above the baseline = Medium - term upward trend
If the Market price is below the baseline = Medium - Term downward Trend
Increasing Base Line = Upward Medium term trend
Decreasing Base Line = Downward Medium Term Trend
Lagging Span
The Evolution of the current price action in relation to previous price action
If the Lagging span is above the current price = Bullish Bias
If the Lagging span is below the current price = Bearish Bias
Lagging span near the current price = Trading range
Kumo Cloud
Dynamic Support and Resistance based upon price action.
The longer the price stays below/above the Kumo cloud, the STRONGER the trend is.
When the cloud is wide, the expected support or resistance is strong
When the cloud is thin, the expected support or resistance is weak
Never trade inside the KUMO CLOUD.
HOW TO TRADE WITH ICHIMOKU CLOUD
Baseline and conversion Line crossover (Lagging Span as a Filter)
crossover(conversion line, baseline) = Buy
crossunder(conversion line, baseline) = Sell
FILTER
crossover(conversion line, baseline) and lagging span is Bullish (i.e above the price) = Buy
Crossunder(conversion line, baseline) and lagging span is Bearish (i.e below the price) = Sell
2. Baseline - Conversion line crossover (Kumo cloud Filter)
crossover(conversion line, baseline) above the Kumo Cloud = Strong Buy
crossover(conversion line, baseline) below the Kumo cloud = Weak Buy
crossunder(conversion line, baseline) below the Kumo Cloud = Strong Sell
crossunder(conversion line, baseline) above the Kumo Cloud = Weak Sell
3. Kumo Cloud Breakout
When the price enters the Kumo Cloud, and breaks its Upper wall upward = Bullish Signal
When the price enters the Kumo Cloud, and breaks its Lower wall downward = Bearish Signal
4. Kumo Cloud Crossover
When Span A cuts the Span B from below to the upside and prices are positioned above the Kumo Cloud = Strong Buy Signal
When Span A cuts the Span B from upside to the bottom and the prices are positioned below the Kumo Cloud = Strong Sell
When Span A cuts Span B from bottom to the upside and prices are positioned below the Kumo Cloud = Weak Buy Signal
When Span A cuts Span B from the upside to the bottom and the prices are positioned above the Kumo Cloud = Weak Sell Signal.
NOTE:- Some of the signals collide with each other, but they collide for the same call, so shouldn't really be a problem overall. Let me know if you have any suggestions to nullify the trading Range. Though I do plan on adding my Renko code to it for filtering out Trading Range.
Komut dosyalarını "Ichimoku Cloud" için ara
Ichimoku Cloud TimeIchimoku Cloud that will remain fixed to a time interval. Might be useful to someone wanting to use multiple Ichimoku Clouds on a single time frame.
Input values:
Daily Interval: If checked then days are used for the interval. If unchecked then minutes will be used.
Interval: The interval to use for the indicator.
Ichimoku Cloud +Ichimoku Cloud Plus - Advanced Technical Analysis Indicator
Ichimoku Cloud Plus is an advanced technical analysis tool that combines the traditional Ichimoku Cloud system with Pearson correlation analysis and multi-timeframe momentum tracking. This innovative approach provides traders with a comprehensive view of market trends, momentum, and potential reversal points across multiple time frames.
Core Components
Enhanced Ichimoku Cloud Analysis
The traditional Ichimoku Cloud components have been preserved and enhanced with customizable visual parameters:
The indicator includes:
- Conversion Line (Tenkan-sen) - Short-term trend identifier
- Base Line (Kijun-sen) - Medium-term trend identifier
- Leading Span A and B (Senkou Span A and B) - Future cloud projections
- Lagging Span (Chikou Span) - Historical price momentum confirmation
The cloud (Kumo) formations provide dynamic support and resistance levels, with color-coding to instantly identify bullish and bearish market conditions.
Pearson Correlation Analysis
A sophisticated Pearson correlation coefficient calculation has been integrated to provide statistical validation of trend strength and direction. This component:
- Calculates correlation between price movement and time
- Provides real-time correlation coefficients
- Identifies trend strength through correlation thresholds
- Generates signals for trend changes and potential reversals
Multi-Timeframe Momentum Tracking
The indicator incorporates a unique multi-timeframe analysis system that:
- Displays momentum calculations across five timeframes (15m, 30m, 1h, 4h, 1d)
- Provides percentage-based momentum values
- Includes volatility adjustment capabilities
- Offers volume-weighted calculations for enhanced accuracy
Advanced Features
Statistical Analysis Panel
A comprehensive statistical panel provides real-time analysis including:
- Current Pearson coefficient value
- Correlation strength classification
- Trend direction identification
- Analysis period information
Dynamic Alert System
The indicator includes sophisticated alert conditions for:
- Bearish trend initiation (positive correlation threshold breach)
- Bullish trend initiation (negative correlation threshold breach)
- Trend direction changes (zero-line crossovers)
Visual Optimization
Advanced visualization features include:
- Customizable color schemes for all components
- Adjustable label sizes and positions
- Transparency controls for better chart visibility
- Warning indicators for potential trend weakening
Technical Implementation
The indicator combines multiple calculation methods:
- Donchian Channel calculations for Ichimoku components
- Pearson correlation coefficient computation with customizable periods
- EMA smoothing for momentum calculations
- Volume-weighted averaging capabilities
- Volatility adjustment mechanisms
Trading Applications
This indicator is particularly effective for:
1. Trend Direction Confirmation
- Multiple timeframe analysis provides comprehensive trend validation
- Pearson correlation adds statistical confidence to trend identification
- Ichimoku cloud formations confirm support and resistance levels
2. Entry and Exit Point Identification
- Cloud breakouts combined with correlation strength indicate potential entry points
- Multi-timeframe momentum alignment helps identify high-probability trades
- Warning indicators assist in timing market exits
3. Risk Management
- Dynamic support and resistance levels from the cloud
- Statistical trend strength measurement
- Multi-timeframe confirmation reduces false signals
Performance Considerations
The indicator uses efficient calculations to maintain good performance while providing comprehensive analysis. The smoothing parameters and analysis periods can be adjusted to balance between responsiveness and reliability.
Future Applications and Research
This combination of indicators opens possibilities for:
- Machine learning integration for pattern recognition
- Additional statistical measures for trend validation
- Enhanced alert systems based on multiple condition combinations
- Further optimization of calculation methods
The innovative combination of traditional Ichimoku analysis with modern statistical methods and multi-timeframe momentum tracking provides traders with a powerful tool for market analysis and decision-making.
Ichimoku Cloud Crosses_AITIchimoku Cloud Crosser_AIT
The "Ichimoku Cloud Crosses_AIT" indicator is designed to leverage the Ichimoku Cloud components, focusing on the crossovers between the Tenkan-sen and Kijun-sen lines. This indicator visually displays these crossovers on the price chart to help traders identify potential long and short trading opportunities.
1. Indicator Components
Ichimoku Cloud Elements
Tenkan-sen (Conversion Line): A short-term trend indicator. It is the midpoint of the highest high and the lowest low over a specified period (tenkanLength). In this indicator, the default period is set to 21.
Kijun-sen (Base Line): A medium-term trend indicator. It is the midpoint of the highest high and the lowest low over the specified period (kijunLength). In this indicator, the default period is set to 120.
Senkou Span A and B: These components are part of the traditional Ichimoku Cloud, but they are not directly plotted in this version of the indicator.
Chikou Span (Lagging Span): This component is included in the calculation but is not plotted in this indicator version.
2. Signal Conditions
Long Signal
Condition: A long signal is generated when the Tenkan-sen crosses above the Kijun-sen.
Visual Representation: Displayed as a yellow triangle below the price bar.
Short Signal
Condition: A short signal is generated when the Tenkan-sen crosses below the Kijun-sen.
Visual Representation: Displayed as a fuchsia triangle above the price bar.
3. How to Use the Indicator
Add the Indicator: Apply the "Ichimoku Cloud Crosses_AIT" indicator to your chart in TradingView.
Adjust Parameters: You can customize the periods for the Tenkan-sen, Kijun-sen, Senkou Span A, Senkou Span B, and Chikou Span in the indicator's settings.
Interpret the Signals:
Long Signal: Look for a yellow triangle below the bar, indicating a potential bullish crossover (Tenkan-sen crossing above Kijun-sen).
Short Signal: Look for a fuchsia triangle above the bar, indicating a potential bearish crossover (Tenkan-sen crossing below Kijun-sen).
Conclusion
The "Ichimoku Cloud Crosses_AIT" indicator provides a clear visualization of the crossovers between the Tenkan-sen and Kijun-sen lines on the price chart. This tool helps traders quickly identify potential bullish and bearish signals, making it a valuable addition to any trading strategy. Adjust the settings and parameters as needed to fit your specific trading style and market conditions.
Ichimoku Cloud MasterIchimoku Cloud Master aims to provide the ichimoku trader with easy alert functionality to not miss out on valuable trade setups. The key purpose of this script is to better visualise crucial moments in Ichimoku trading. These alerts should not be used for botting in my opinion as they always need a human to confirm the ichimoku market structure. For example, is the Kijun-Sen flat and too far away from price? A good ichimoku trader will not enter at such a point in time.
Explanation of script:
Chikou(lagging span): pink line, this is price plotted 26 bars ago. People ignore the power of this it is crucial to see how chikou behaves towards past price action as seen in the chart below where we got an entry at red arrow because chikou bounced from past fractal bottom.
Kijun-Sen(base line): Black line or color coded line. This is the equilibrium of last 26 candles. To me this is the most important line in the system as it attracts price.
Kijun = (Highest high of 26 periods + Lowest low of 26 periods) ÷ 2
Tenkan-Sen(conversion line): Blue line. This is the equilibrium of last 9 candles. In a strong uptrend price stays above this line.
Tenkan = (Highest high of 9 periods + Lowest low of 9 periods) ÷ 2
Senkou A (Leading span A)= Pink cloud line, this is the average of the 2 components projected 26 bars in the future.
Senkou A = (Tenkan + Kijun) ÷ 2
Senkou B (Leading span B) = Green cloud line, this is the 52 day equilibrium projected 26 bars in the future.
Senkou B = (Highest high of prior 52 periods + Lowest low of prior 52 periods) ÷ 2
Notice how the distance between Chikou and the cloud is also 52 bars. This is all part of Hosoda's numbers which I am not going to explain here.
Fractals: These are the black triangles you find at key turning point. If you want to know how they work reseach williams fractals. I've used fractals with a period of 9 as it is an ichimoku number. These fractals are useful when working with ichimoku wave theory. Again I will not explain that here but in further education
Fractal Support: Ability to extend lines from the fractals which can be used as an entry/exit mechanism in your trading. For example wait for tenkan to cross kijun and then enter on fractal breakout.
Signals:
Crossing of Chikou (lagging span) with past Kijun-Sen: this will color code the Bars / Kijun-Sen (you can turn this off in options)
The script also has a signal for this, this will be the green and purple diamonds. Where green is bullish and purple is bearish.
wy is this important?
When current price plotted 26 candles back (chikou) crosses over the past equilibrium (kijun-sen) this usualy means price has moved past resistance levels where sellers come in. This indicates a switch in market structure and price is bullish from this point, this is the same in the other direction.
Kumo Twist: when the kumo cloud (future) has a crossover from for example green to red (bull to bear). The script plots these using the colored cross symbols as seen in the picture above. A chikou cross + a Kumo twist at same bar of next to eachother below the cloud can be a great entry sign: this would be an entry after cross in the chart above.
Kijun Bounce: when in an uptrend the price retraces back to Kijun-Sen and starts to go back up. These are marked by the yellow circles as seen in chart below:
low below Kijun-Sen and close above it
Strong Trend: when Tenkan is above Kijun, price above cloud, future cloud green, chikou above close, chikou above Kijun we establish a strong bullish trend. For bearish the exact opposite. The script has a function to send an alert at the start of such trends and to plot them with small colored circles above the bars.
Customisation:
I've added options to disable specific aspects of the indicator for those traders who do not want to use all aspects of the indicator. In the customisation tab I've given each part a clear title so you can use your own colors/shapes.
The perfect entry?
Further info:
Look into my education pane, I will be adding education in the future. The chance of me making a more advanced version of the script including line forecasting etc is rather high so watch out for that.
For those who want to master this system I recommend reading the book:
How to make money with the ichimoku system by Balkrishna M. Sadekar
Or the originals books by Hosoda the inventor of Ichimoku if you can get your hands on them and can read Japanese.
Almost all info about the ichimoku system you find on the internet will lose you money because they reduce the system to simple signals that do not generate money.
I will be providing educational material on tradingview using this indicator.
Ichimoku Cloud+quality lineIchimoku Cloud+quality line
this is ichimoku indicator, only quality line added.
Ichimoku Cloud setup OualidIchimoku Cloud setup Oualid
plus sûr dans les trades
Mieux addapté non agressif
Ichimoku Cloud - Stays on 4 hourichimoku cloud that does not leave the 4 hour + doesnt show up at all above 4 hour
Ichimoku Cloud w/SelIchimoku Cloud with selection for:
Regular:
conversionPeriods = 9,
basePeriods = 26
laggingSpan2Periods = 52,
displacement = 26
Crypto:
conversionPeriods = 10,
basePeriods = 30,
laggingSpan2Periods = 60,
displacement = 30
Crypto Doubled:
conversionPeriods = 20,
basePeriods = 60,
laggingSpan2Periods = 120,
displacement = 30
Ichimoku Cloud x10 - Time fixedDraws up to ten ichimoku clouds, timeframe independant.
Just select your ichi settings, and which timescales you want to see. Enter 0 to disable, if you want less than 10 clouds.
Ichimoku Cloud DistanceAn alternative way to look at the Ichimoku Cloud with various modes:
Distance to Center: the various lines of the Ichimoku system are displayed as the distance to the center of the cloud in percentage terms. 0 is the center of the cloud.
Distance to Edge: lines are displayed as the distance to the closest edge of the cloud in percentage terms. values inside the cloud are displayed as 0.
Hybrid: values outside of the cloud behave as the 'Distance to Edge' mode, values inside behave as 'Distance to Center' mode. The values outside the cloud are scaled by the supplied scale factor in order to make things more readable. Best value for this scale factor is chart/timeframe dependent. The interval from -1 to 1 is equivalent to the bottom and top of the cloud respectively; 0 is the center.
The background color is the color of the cloud.
Ichimoku Clouds - Basic StrategyEstratégia básica com Ichimoku Clouds. Mais para fins de estudos. Foi um dos primeiros Pine Scripts que escrevi, então a há muito o que melhorar no código.
Basic Strategy using Ichimoku Clouds, developed for studying purpose. It was one one my first Pine Scripts codes, so yet there is a lot to improve on it.
Ichimoku cloud clustersThe intention of this script is to get a quick and redundant overview of Ichimoku clouds of relevant time frames to spot clusters as strong support and resistance levels.
The script displays the Ichimoku cloud of the current time frame and the clouds of the supported higher time frames. Clouds of lower time frames are not displayed.
Ichimoku Cloud LONG and SHORT indicatorsThis simple script uses 4 rules from Ichimoku Cloud indicator to marks position entry points.
The idea is that by entering a long position just when these 4 criteria are met, you can capture a 2-3% plus move within the next few days:
1. The conversion line is above the base line
2. The price is above the clouds
3. The lagging span is above the clouds
4. The rightmost cloud is green
The same 4 criteria but inverted will indicate a short entry.
In order to avoid 'stale' entries which can lead to chasing, we want the price and conversion line crossovers to be recent, within the past few days. Ideally we want to enter before close on the day the entry signal is given so that we can capture any potential gap up (or down if short). Often the price will make a nice move the next day or day after. If any of the criteria become invalidated, or if after 4-5 days there hasn't been significant movement, then it was a false alarm.
This script will show the basic Ichimoku Cloud indicators, plus labels for bearish and bullish price and conversion line crossovers as well as LONG and SHOT indicators to show when the entry criteria have been met.
Ichimoku Cloud Enhanced - Conditions IndicatorOriginal Cloud code base from "Ichimoku Cloud Enhanced For Crypto"
Link here
At a glance simplified rendering of ichimoku cloud elements and algorithmic detection of all ichimoku cloud events. Has alert conditions for all/most events you would want.
Central red/green band represents the cloud and the current "future" cloud colour.
Kumo Twists are shown for when they are both below/above the current candle and for when they first appear in the "future" cloud.
Orange line represents close and it's relative position to the cloud and Kinjun.
Tenkan and Kinjun, crosses and relative position to the cloud (blue/green lines). Will show crosses if they occurred above/in/below the cloud etc.
Chikouspan Breakouts (above/below cloud & price action) fuchsia lines.
It should have all the logic required to build a strategy from IC conditions by combining them however you want.
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If you find it useful please consider a tip/donation to the rumpy liquidation recovery fund : BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
Ichimoku Clouds Strategy Long and ShortOverview:
The Ichimoku Clouds Strategy leverages the Ichimoku Kinko Hyo technique to offer traders a range of innovative features, enhancing market analysis and trading efficiency. This strategy is distinct in its combination of standard methodology and advanced customization, making it suitable for both novice and experienced traders.
Unique Features:
Enhanced Interpretation: The strategy introduces weak, neutral, and strong bullish/bearish signals, enabling detailed interpretation of the Ichimoku cloud and direct chart plotting.
Configurable Trading Periods: Users can tailor the strategy to specific market windows, adapting to different market conditions.
Dual Trading Modes: Long and Short modes are available, allowing alignment with market trends.
Flexible Risk Management: Offers three styles in each mode, combining fixed risk management with dynamic indicator states for versatile trade management.
Indicator Line Plotting: Enables plotting of Ichimoku indicator lines on the chart for visual decision-making support.
Methodology:
The strategy utilizes the standard Ichimoku Kinko Hyo model, interpreting indicator values with settings adjustable through a user-friendly menu. This approach is enhanced by TradingView's built-in strategy tester for customization and market selection.
Risk Management:
Our approach to risk management is dynamic and indicator-centric. With data from the last year, we focus on dynamic indicator states interpretations to mitigate manual setting causing human factor biases. Users still have the option to set a fixed stop loss and/or take profit per position using the corresponding parameters in settings, aligning with their risk tolerance.
Backtest Results:
Operating window: Date range of backtests is 2023.01.01 - 2024.01.04. It is chosen to let the strategy to close all opened positions.
Commission and Slippage: Includes a standard Binance commission of 0.1% and accounts for possible slippage over 5 ticks.
Maximum Single Position Loss: -6.29%
Maximum Single Profit: 22.32%
Net Profit: +10 901.95 USDT (+109.02%)
Total Trades: 119 (51.26% profitability)
Profit Factor: 1.775
Maximum Accumulated Loss: 4 185.37 USDT (-22.87%)
Average Profit per Trade: 91.67 USDT (+0.7%)
Average Trade Duration: 56 hours
These results are obtained with realistic parameters representing trading conditions observed at major exchanges such as Binance and with realistic trading portfolio usage parameters. Backtest is calculated using deep backtest option in TradingView built-in strategy tester
How to Use:
Add the script to favorites for easy access.
Apply to the desired chart and timeframe (optimal performance observed on the 1H chart, ForEx or cryptocurrency top-10 coins with quote asset USDT).
Configure settings using the dropdown choice list in the built-in menu.
Set up alerts to automate strategy positions through web hook with the text: {{strategy.order.alert_message}}
Disclaimer:
Educational and informational tool reflecting Skyrex commitment to informed trading. Past performance does not guarantee future results. Test strategies in a simulated environment before live implementation
Ichimoku Clouds with Trend IdentificationThis is another version of the Ichimoku Clouds indicator where I have added logic to evaluate the current chart as either Bullish, Bearish, or Mixed, depending on 4 factors:
1. Is the price above/below the cloud?
2. Is the conversion line above/below the base line?
3. Is the lagging span above/below the cloud?
4. Is the rightmost cloud green/red?
If all conditions point the same direction, then the chart will be labelled "Bullish" or "Bearish". Otherwise it will be labelled "Mixed".
Ichimoku Clouds Strong Bullish/Bearish signals and alertsIchimoku Clouds Strong Bullish/Bearish signals with allerts
The Ichimoku cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals.
We provide you easy-to-use script which helps to decrypt meaning of lines in the indicator. The script takes Ichimoku clouds indicator formulas to calculate Tenkan, Kijun, SenkouA, SenkouB values and examines them in order to produce buy ( Bullish ) and sell ( Bearish ) signals which are displayed at the chart
The most appropriate time frame is 30m
Custom alerts are added to send you a notice with a webhook when bullish or bearish signal arrives.
You can easily add weak and neutral signals alerts by removing "//" in a specified place
Feel free to copy and use this script for your ideas and trading. You can modify the script by adding Parabolic SAR in order to increase accuracy of positions closure
Ichimoku Cloud Strategy IdeaThis strategy idea uses the famous Ichimoku Cloud (Forward-shifted SMA-9 and SMA-26) and Chiku (52-candle lagged close price) with its default parameters. This strategy is slow and issues few signals. However, this is one of the most performant long-term trend trading strategies. It usually works well on 1D and 4H timeframes and even better on trending instruments. This is the implementation used in QuantCT app.
You can set operation mode to be Long/Short or long-only.
You also can set a fixed stop-loss or ignore it so that the strategy act solely based on entry and exit signals.
Trade Idea
When both close price and chiku are above the cloud, market is considered rising (bullish) and the plotted cloud becomes green.
When both close price and chiku are below the cloud, market is considered falling (bearish) and the plotted cloud becomes red.
Otherwise, market is considered ranging and the plotted cloud becomes orange.
Entry/Exit rules
Enter LONG right after both close price and chiku went above the cloud (i.e. when the end of the plotted cloud becomes green).
Enter SHORT right after both close price and chiku went below the cloud (i.e. when the end of the plotted cloud becomes red).
EXIT market when close price enters the cloud.
CAUTION
It's just a bare trading idea - but a profitable one. You can enhance this idea and turn it into a full trading strategy with enhanced risk/money management and optimizing it, and you ABSOLUTELY should do this!
DON'T insist on using Long/Short mode on all instruments! This strategy performs much better in Long-Only mode on several instruments (Like BTC , ETH, etc.), and also performs better in Long/Short mode on other instruments (Like VET, BNT, etc.).
Ichimoku Cloud Breakout Only LongThis is a very simple trading strategy based exclusively on the Ichimoku Cloud. There are no additional indicators or complex rules involved. The key condition is that we only open long positions when the price is clearly above the cloud — indicating a bullish trend.
For optimal results, the recommended timeframes are 1D (daily) or 1W (weekly) charts. These higher timeframes help filter out market noise and provide more reliable trend signals.
We do not short the market under any circumstances. The focus is purely on riding upward momentum when the price breaks out or stays above the cloud.
This strategy works best when applied to growth stocks with strong upward trends and good fundamentals — such as Google (GOOGL), Tesla (TSLA), Apple (AAPL), or NVIDIA (NVDA).