Indicator · Pine Script v5 · Own pane

Ichimoku Cloud Weight Original

by g-moe· code credited to goodgains

This indicator renders Ichimoku cloud components consisting of conversion line, base line, leading span A and leading span B.

View on GitHub

GitHub stars3on the repository
Pine versionv5runs as is
Lines of code302
Settings0inputs
LicenceNone stated
Last update5 months ago27 May 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Ichimoku Cloud Weight Original tracks Tenkan-Kijun crosses and assigns a numeric score to each based on whether the cross occurs below, inside or above the Kumo cloud, labeling the crosses as weak, neutral or strong bullish or bearish. The script draws the full cloud together with the evolving score value in a dedicated pane. No user-adjustable inputs are present; all periods and displacements are hardcoded. Signals appear as changes in the weight score rather than explicit buy or sell markers.

Details

Published by

g-moe on GitHub

Code credit

goodgains, as written in the script's header

Type

Indicator, Pine Script v5

Draws

Separate pane below the chart

Category

Moving averages, Support & resistance, SMC / ICT / price action

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

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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