Indicator · Pine Script v6 · On the chart

Wyckoff + Ichimoku IDX Analyzer

by jankrix

Combines a volume check, a consolidation zone detector and Ichimoku lines on the price chart.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code249
Settings13inputs
LicenceNone stated
Last update4 months ago5 Jun 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

Relative volume against a 20-bar average flags high and low volume, bar range and close position describe the candle, and a lookback range under a maximum percentage marks consolidation. Ichimoku uses 9, 26 and 52 bar settings, with cloud position, Tenkan and Kijun cross and Chikou checks. Labels, a dashboard and the zone highlight can be toggled. It places no orders.

Details

Published by

jankrix on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Category

Volume, Trend, Screeners & dashboards

Markets

Stocks

Timeframes

H4 and above

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.

SettingTypeDefaultVariable
Volume MA Lengthint20vol_len
High Volume Threshold (x)float2.0hi_vol_mult
Low Volume Threshold (x)float0.5lo_vol_mult
Consolidation Lookback Barsint15consol_len
Max Consolidation Range %float8.0consol_pct
Tenkan-sen Lengthint9tk_len
Kijun-sen Lengthint26kj_len
Senkou B Lengthint52sb_len
Cloud Displacementint26disp
Show Signal Labelsbooltrueshow_labels
Show Dashboardbooltrueshow_dash
Highlight Consolidation Zonebooltrueshow_bg
Show all 13 settings
SettingTypeDefaultVariable
Show Ichimoku Linesbooltrueshow_ichi
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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