Woverine - Ichimou & Cloud: Free TradingView Indicator (Pine Script)

Add It to Your TradingView Chart

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

178 lines of Pine Script v5 from Ichimou & Cloud.pinescript, published under MIT. Keep the author's credit and licence lines when you reuse it.

Ichimou & Cloud.pinescript

//@version=5
//=============================================================================================  
//  Creator: Woverine
//    
//    Source Code: https://github.com/RyKaj/PineScript/tree/main
//
//    Purpose: 
//          Ichimou & Cloud
//
//=============================================================================================  

indicator('Woverine - Ichimou & Cloud', overlay=true, shorttitle='Ichimou')


//-------------------------------------------------------------------------------------------------------------------------
// Plot colors
// https://chir.ag/projects/name-that-color/#6195ED
// https://kodify.net/tradingview/colours/basic-colours/
//-------------------------------------------------------------------------------------------------------------------------
// color colorAquaIsland = #B2DFDB
// color colorAzureRadiance = #0094ff
color colorBlack = #363A45
// color colorBlazeOrange = #ff6a00
color colorBlue = #2196F3
// color colorBlueChill = #088A8D
// color colorBlushPink = #fd7fe6
// color colorBurntSienna = #EF5350
// color colorCandelLight = #FCD917
// color colorCoral = #FF7F50
// color colorCyan = #17FFFF
// color colorDeathCross = #e32636
// color colorFreshEggplant = #800080
// color colorFruitSalad = #4CAF50
// color colorGoldenCross = #61ed77
color colorGreen = #459915
// color colorJapaneseLaurel = #008000
// color colorGreen = #4CAF50
// color colorJungleGreen = #39ff14
// color colorKeyLimePie = #BCBB26
// color colorLilacBush = #9575cd
// color colorLime = #00E676
// color colorParsley = #0E4813
// color colorPastelPink = #FFCDD2
color colorPurple = #9C27B0
color colorRed = #FF5252
// color colorRobinEggBlue = #00C9C9
// color colorRoseBudCherry = #880e4f
// color colorRusticRed = #4E0404
// color colorSaratoga = #505010
// color colorSpringGreen = #00E676
// color colorStarship = #F2F131
// color colorTamarillo = #991515
color colorTeal = #00897B
// color colorTealBlue = #055355
// color colorTrendyGreen = #86851b
// color colorWhite = #FFFFFF

color colorTemp = colorBlack      // used only to handle differnet logical conditions
int intTransp = 0





//-------------------------------------------------------------------------------------------------------------------------
// Functions
//-------------------------------------------------------------------------------------------------------------------------
middleDonchian( Length ) =>
    lower = ta.lowest( Length )
    upper = ta.highest( Length )
    math.avg( upper, lower ) 

donchian(len) => 
    math.avg( ta.lowest( len ), ta.highest( len ) )

//-------------------------------------------------------------------------------------------------------------------------
// Ichimoku
//-------------------------------------------------------------------------------------------------------------------------
bool bShowIchimoku = input.bool( defval=true, title='Show Ichimoku' )
color colorTenkan = input.color( defval = colorRed , title = "Tenkan", tooltip = "", inline = " ", group = "Ichimoku" , confirm = false ) 
color colorKijun = input.color( defval = colorBlue , title = "Kijun", tooltip = "", inline = " ", group = "Ichimoku" , confirm = false ) 
color colorChikou = input.color( defval = colorTeal , title = "Chikou", tooltip = "", inline = " ", group = "Ichimoku" , confirm = false ) 
color colorSenkouA = input.color( defval = colorPurple , title = "SenkouA", tooltip = "", inline = " ", group = "Ichimoku" , confirm = false ) 
color colorSenkouB = input.color( defval = colorGreen , title = "SenkouB", tooltip = "", inline = " ", group = "Ichimoku" , confirm = false ) 

int ConversionPeriods = input.int( defval=9, minval=1, title='Conversion Periods' )
int basePeriods = input.int( defval=26, minval=1, title='Base Periods'  )
int laggingSpan2Periods = input.int( defval=52, minval=1, title='Lagging Span 2 Periods' )
int displacement = input.int( defval=26, minval=1, title='Displacement' )
float Tenkan = middleDonchian( ConversionPeriods )
float Kijun = middleDonchian( basePeriods )
float SenkouA = middleDonchian( laggingSpan2Periods ) 
float SenkouB = ( Tenkan[ basePeriods ] + Kijun[ basePeriods ] ) / 2
// plot( series=Tenkan, color=color.new( colorRed, transp=0 ), title='Tenkan' )
// plot( series=Kijun, color=color.new( colorBlue, transp=0 ), title='Kijun' )
// plot( series=close, color=color.new( colorTeal, transp=0 ), title='Chikou', offset= -displacement )
// A = plot( series=SenkouA[ displacement ], color=color.new( colorPurple, transp=0 ), title='SenkouA' )
// B = plot( series=SenkouB, color=color.new( colorGreen, transp=0 ), title='SenkouB' )
// fill( A, B, color=color.new( colorGreen, 90 ) )


colorTemp := (bShowIchimoku) ? colorTenkan : colorBlack
intTransp := (bShowIchimoku) ? 0 : 100
plot( Tenkan, color=color.new( colorTemp, transp=intTransp ), title='Tenkan' )

colorTemp := (bShowIchimoku) ? colorKijun : colorBlack
intTransp := (bShowIchimoku) ? 0 : 100
plot( Kijun, color=color.new( colorTemp, transp=intTransp ), title='Kijun' )
 
colorTemp := (bShowIchimoku) ? colorChikou: colorBlack
intTransp := (bShowIchimoku) ? 0 : 100
plot( close, color=color.new( colorTemp, transp=intTransp ), title='Chikou', offset= -displacement )

colorTemp := (bShowIchimoku) ? colorSenkouA: colorBlack
intTransp := (bShowIchimoku) ? 0 : 100
A = plot( SenkouA[ displacement ], color=color.new( colorTemp, transp=intTransp ), title='SenkouA' )
 
colorTemp := (bShowIchimoku) ? colorSenkouB: colorBlack
intTransp := (bShowIchimoku) ? 0 : 100
B = plot( SenkouB, color=color.new( colorTemp, transp=intTransp ), title='SenkouB' )

colorTemp := (bShowIchimoku) ? colorGreen: colorBlack
intTransp := (bShowIchimoku) ? 0 : 90
fill( A, B, color=color.new( colorTemp, intTransp ) )



//-------------------------------------------------------------------------------------------------------------------------
// Ichimoku Cloud
//-------------------------------------------------------------------------------------------------------------------------
bool bShowIchimokuCloud = input.bool( defval=false, title='Show Ichimoku Cloud' )
color colorConversionLine = input.color( defval = colorBlue , title = "Conversion Line", tooltip = "", inline = " ", group = "Ichimoku Cloud" , confirm = false ) 
color colorBaseLine = input.color( defval = colorRed , title = "Base Line", tooltip = "", inline = " ", group = "Ichimoku Cloud" , confirm = false ) 
color colorLaggingSpan = input.color( defval = colorGreen , title = "Lagging Span", tooltip = "", inline = " ", group = "Ichimoku Cloud" , confirm = false ) 
color colorLead1 = input.color( defval = colorGreen , title = "Lead 1", tooltip = "", inline = " ", group = "Ichimoku Cloud" , confirm = false ) 
color colorLead2 = input.color( defval = colorRed , title = "Lead 2", tooltip = "", inline = " ", group = "Ichimoku Cloud" , confirm = false ) 


int conversionPeriods1 = input.int( defval=9, minval=1, title='Conversion Line Periods' )
int basePeriods1 = input.int( defval=26, minval=1, title='Base Line Periods' )
int laggingSpan2Periods1 = input.int( defval=52, minval=1, title='Lagging Span 2 Periods' )
int displacement1 = input.int( defval=26, minval=1, title='Displacement' )

float conversionLine = donchian( conversionPeriods1 )
float baseLine = donchian( basePeriods1 )
float leadLine1 = math.avg( conversionLine, baseLine )
float leadLine2 = donchian( laggingSpan2Periods1 )

// plot( series=conversionLine, color=color.new( colorBlue, 0 ), title='Conversion Line' )
// plot( series=baseLine, color=color.new( colorRed, 0 ), title='Base Line' )
// plot( series=close, offset=-displacement1 + 1, color=color.new( colorGreen, transp=0 ), title='Lagging Span' )
// p1 = plot( series=leadLine1, offset=displacement1 - 1, color=color.new( colorGreen, 0 ), title='Lead 1')
// p2 = plot( series=leadLine2, offset=displacement1 - 1, color=color.new( colorRed, 0 ), title='Lead 2')
// fill( p1, p2, color=leadLine1 > leadLine2 ? color.new( colorGreen, transp=90 ) : color.new( colorRed, transp=90 ) )

colorTemp := (bShowIchimokuCloud) ? colorConversionLine : colorBlack
intTransp := (bShowIchimokuCloud) ? 0 : 100
plot( conversionLine, color=color.new( colorTemp, intTransp ), title='Conversion Line' )

colorTemp := (bShowIchimokuCloud) ? colorBaseLine : colorBlack
intTransp := (bShowIchimokuCloud) ? 0 : 100
plot( baseLine, color=color.new( colorTemp, intTransp ), title='Base Line' )

colorTemp := (bShowIchimokuCloud) ? colorLaggingSpan : colorBlack
intTransp := (bShowIchimokuCloud) ? 0 : 100
plot( close, offset=-displacement1 + 1, color=color.new( colorTemp, transp=intTransp ), title='Lagging Span' )

colorTemp := (bShowIchimokuCloud) ? colorLead1 : colorBlack
intTransp := (bShowIchimokuCloud) ? 0 : 100
p1 = plot( leadLine1, offset=displacement1 - 1, color=color.new( colorGreen, intTransp ), title='Lead 1')

colorTemp := (bShowIchimokuCloud) ? colorLead2 : colorBlack
intTransp := (bShowIchimokuCloud) ? 0 : 100
p2 = plot( leadLine2, offset=displacement1 - 1, color=color.new( colorTemp, intTransp ), title='Lead 2' )

colorTemp := (bShowIchimokuCloud) ? (leadLine1 > leadLine2) ? colorGreen: colorRed : colorBlack
intTransp := (bShowIchimokuCloud) ? 0 : 100
fill( p1, p2, color=color.new( colorTemp, transp=intTransp ) )

Overview

Woverine - Ichimou & Cloud provides options to display standard Ichimoku lines including Tenkan-sen, Kijun-sen, Senkou Span A, Senkou Span B, and Chikou Span, as well as an overlay for the Ichimoku Cloud. Users can independently toggle visibility for lines and clouds, adjust calculation periods for conversion, base, and lagging span lengths, and customize visual color schemes.

Standard Ichimoku Kinko Hyo line plots
Toggleable Ichimoku Cloud overlay
Customizable calculation periods and displacement
Configurable color settings for lines and cloud spans

Details

Published by

RyKaj on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

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.

File

Ichimou & Cloud.pinescript

Repository

github.com/RyKaj/PineScript. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Show Ichimoku	`bool`	`true`	`bShowIchimoku`
Tenkan	`color`	`colorRed`	`colorTenkan`
Kijun	`color`	`colorBlue`	`colorKijun`
Chikou	`color`	`colorTeal`	`colorChikou`
SenkouA	`color`	`colorPurple`	`colorSenkouA`
SenkouB	`color`	`colorGreen`	`colorSenkouB`
Conversion Periods	`int`	`9`	`ConversionPeriods`
Base Periods	`int`	`26`	`basePeriods`
Lagging Span 2 Periods	`int`	`52`	`laggingSpan2Periods`
Displacement	`int`	`26`	`displacement`
Show Ichimoku Cloud	`bool`	`false`	`bShowIchimokuCloud`
Conversion Line	`color`	`colorBlue`	`colorConversionLine`

Show all 20 settings

Setting	Type	Default	Variable
Base Line	`color`	`colorRed`	`colorBaseLine`
Lagging Span	`color`	`colorGreen`	`colorLaggingSpan`
Lead 1	`color`	`colorGreen`	`colorLead1`
Lead 2	`color`	`colorRed`	`colorLead2`
Conversion Line Periods	`int`	`9`	`conversionPeriods1`
Base Line Periods	`int`	`26`	`basePeriods1`
Lagging Span 2 Periods	`int`	`52`	`laggingSpan2Periods1`
Displacement	`int`	`26`	`displacement1`

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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