This Ichimoku is a Lite Edition of Ichimoku RONIN Features : - Ichimoku Default Lines - Settings for Shift all of Lines - Two Custom Periods Lines - 9/26/52 Cycle Counter - Optimized for Pine Script 5 - No Shifted Senko Span A Line - New Cloud Alert - KijunSen & TenkanSen Lines Crossed Alert Good Trading to All ...
This is a trend analysis indicator based on Ichimoku this indicator splits the chart into : "Buy Phase" where KijunSen > TenkanSen with "Green color" "Sell Phase" where KijunSen < TenkanSen with "Red color" "Cross Phase" where KijunSen = TenkanSen Close of each candle above or below KijunSen and TenkanSen determine the strength of the trend and is shown by 3...
A Full version of Ichimoku Kinko Hyo with many features ... Features : - Ichimoku Default Lines - Settings for Shift all of Ichimoku Lines - 52, 103, 108, 216 Periods Line - Future TenkanSen, Kijunsen & Kumo Clouds - 9/26/52 Cycle Counter - Optimized for Pine Script 5
The TKD is the distance between the Tenkan-Sen and the Kijun-Sen, expressed in percentage of current price. The further apart the tenken-sen and kijun-sen are, the more they want to snap back together. This makes for a decent oscillator. When the Tenkan-Sen is above the Kijun-Sen, the TKD is green. When it is below, the TKD is red. At the crossing points, it turns...