This indicator detects equal highs and lows by comparing prices within user-defined left and right bars using a tolerance percentage. It plots horizontal lines on the price chart for equal highs in one color and lows in another. A screener allows input of mult
Indicator · Pine Script v5 · On the chart
Ichimoku
This indicator plots the standard Ichimoku Kinko Hyo components directly onto the price chart.
GitHub stars8on the repository
Pine versionv5runs as is
Lines of code33
Settings5inputs
LicenceNone stated
Last update4 years ago20 Aug 2022
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 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
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 calculates the Tenkan-sen and Kijun-sen midpoints, shifts the Chikou Span backward, and projects the Senkou Span A and Senkou Span B ahead to form the colored Kumo cloud. Users can customize the lookback lengths for all five lines, including the horizontal displacement shift. It functions solely as a visual trend indicator without providing automated execution signals.
- Standard Ichimoku Kinko Hyo overlay
- Forward-projected cloud fill between Senkou Span A and B
- Backward-shifted Chikou Span line
- Configurable lookback and shift inputs
Details
Published by
PipC on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Support & resistance
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Tenkansen Length | int | 9 | TKlength |
| Kijunsen Length | int | 26 | KJlength |
| Chikouspan Length/Horizontal Shift | int | 26 | CSHSlength |
| SenkouspanB Length | int | 52 | SBlength |
| SenkouspanA Length | int | 26 | SAlength |
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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