1Copy the scriptPress Copy script above, or the copy button on the code below.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
77 lines of Pine Script v6 from lib/dynamics/ichimoku/ichimoku.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
Ichimoku Cloud calculates Tenkan-sen, Kijun-sen, and Senkou Span B as midpoints of the highest high and lowest low over their periods, then derives Senkou Span A from Tenkan and Kijun. Chikou Span is the close shifted backward by the displacement, while both Senkou spans are shifted forward. Period and displacement inputs change the lookbacks and plot offsets. A translucent fill marks the cloud between the two leading spans. It does not generate trade signals or exits.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Tenkan Period
int
9
i_tenkan
Kijun Period
int
26
i_kijun
Senkou B Period
int
52
i_senkou_b
Displacement
int
26
i_displacement
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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