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OPEN-SOURCE SCRIPT
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Ichimoku Cloud Distance

3 129
An alternative way to look at the Ichimoku Cloud with various modes:
  • Distance to Center: the various lines of the Ichimoku system are displayed as the distance to the center of the cloud in percentage terms. 0 is the center of the cloud.
  • Distance to Edge: lines are displayed as the distance to the closest edge of the cloud in percentage terms. values inside the cloud are displayed as 0.
  • Hybrid: values outside of the cloud behave as the 'Distance to Edge' mode, values inside behave as 'Distance to Center' mode. The values outside the cloud are scaled by the supplied scale factor in order to make things more readable. Best value for this scale factor is chart/timeframe dependent. The interval from -1 to 1 is equivalent to the bottom and top of the cloud respectively; 0 is the center.


The background color is the color of the cloud.
Notas de prensa
  • New and improved "timeframe-dependent" scaling method for hybrid mode and cloud thickness
  • Added TK cross indicator
  • Changed cloud thickness to display as a fill rather than a line
  • Removed background color by default
Notas de prensa
updated script to plot future cloud thickness

Script de código abierto

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

NgUTech
Ichimoku Cloudichimokuindicatorichimoku-trading

Exención de responsabilidad

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.
Ichimoku Cloudichimokuindicatorichimoku-trading

Script de código abierto

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

NgUTech

Exención de responsabilidad

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.