OPEN-SOURCE SCRIPT
Ichimoku Cloud Signal Score v2.0.0
Associate various ichimoku signals with a score. For example, bullish signal => positive score, and bearish signal => negative score. If the total score is above 0, it may indicate a bullish trend. Otherwise, if it is below 0, it may indicate a bearish trend.
Signals from: ichimokutrader.com/signals.html
- Tenkan Sen (turning line) / Kijun Sen Cross (standard line)
- Kijun Sen Cross (price and standard line)
- Kumo breakout
- Senkou Span Cross
- Chikou Span Cross (lag line)
- Lag line relative to cloud (misc. metric)
- Price relative to cloud (misc. metric)
The bearish/bullish scores of all the ichimoku signals + misc. metrics are totalled up and plotted.
-----
Updated script from
Signals from: ichimokutrader.com/signals.html
- Tenkan Sen (turning line) / Kijun Sen Cross (standard line)
- Kijun Sen Cross (price and standard line)
- Kumo breakout
- Senkou Span Cross
- Chikou Span Cross (lag line)
- Lag line relative to cloud (misc. metric)
- Price relative to cloud (misc. metric)
The bearish/bullish scores of all the ichimoku signals + misc. metrics are totalled up and plotted.
-----
Updated script from
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.