PROTECTED SOURCE SCRIPT
STEVEN Ichimoku BUY & SELL
Ichimoku Cloud + Advanced Buy/Sell Signals
This indicator enhances the traditional Ichimoku Cloud system by adding highly refined BUY and SELL signals based on price–Tenkan interactions, cloud positioning, and multi-step validation rules. It is designed to help traders identify high-probability trend continuation entries while filtering out signals that occur near the Kumo, where market structure is typically uncertain.
✅ BUY Signal Logic
A BUY signal is triggered only when all of the following conditions are met:
Price is above the Kumo Cloud, confirming a bullish environment.
Tenkan (Conversion Line) is above the Kumo, reinforcing bullish momentum.
Price makes a bullish cross above the Tenkan within the last 6 bars.
The entry candle opens below the Tenkan and closes above it, ensuring a clean upside break.
The candle must NOT touch the Kumo.
If the candle touches the Kumo, the indicator waits for the next clean candle that closes above Tenkan without touching the Kumo, then triggers the BUY signal.
The BUY signal appears as a small green triangle below the price bar.
✅ SELL Signal Logic
A SELL signal is triggered under the mirror conditions:
Price is below the Kumo Cloud, confirming a bearish environment.
Tenkan is below the Kumo, supporting bearish momentum.
Price makes a bearish cross below the Tenkan within the last 6 bars.
The entry candle opens above the Tenkan and closes below it.
The candle must NOT touch the Kumo.
If the candle touches the Kumo, the indicator waits for the next clean candle that closes below Tenkan without touching the Kumo, then triggers the SELL signal.
The SELL signal appears as a small red triangle above the price bar.
🎯 Purpose of the Indicator
This version of Ichimoku aims to:
Filter weak signals near the Kumo (high-noise zones).
Identify clean pullback continuations within trending markets.
Provide easy-to-read visual markers and alert conditions for automated setups.
Improve decision-making by ensuring both price and Tenkan confirm trend strength before triggering entries.
🔔 Alerts Included
The indicator includes two built-in alerts:
BUY Signal – Ichimoku Long Entry
SELL Signal – Ichimoku Short Entry
These alerts can be used directly for automation, bot integration, or manual trading.
📌 Recommended Use
Best used in trending markets.
Works across timeframes (Scalp, Swing, Intraday, or Daily).
Ideal as a primary strategy or confirmation tool.
This indicator enhances the traditional Ichimoku Cloud system by adding highly refined BUY and SELL signals based on price–Tenkan interactions, cloud positioning, and multi-step validation rules. It is designed to help traders identify high-probability trend continuation entries while filtering out signals that occur near the Kumo, where market structure is typically uncertain.
✅ BUY Signal Logic
A BUY signal is triggered only when all of the following conditions are met:
Price is above the Kumo Cloud, confirming a bullish environment.
Tenkan (Conversion Line) is above the Kumo, reinforcing bullish momentum.
Price makes a bullish cross above the Tenkan within the last 6 bars.
The entry candle opens below the Tenkan and closes above it, ensuring a clean upside break.
The candle must NOT touch the Kumo.
If the candle touches the Kumo, the indicator waits for the next clean candle that closes above Tenkan without touching the Kumo, then triggers the BUY signal.
The BUY signal appears as a small green triangle below the price bar.
✅ SELL Signal Logic
A SELL signal is triggered under the mirror conditions:
Price is below the Kumo Cloud, confirming a bearish environment.
Tenkan is below the Kumo, supporting bearish momentum.
Price makes a bearish cross below the Tenkan within the last 6 bars.
The entry candle opens above the Tenkan and closes below it.
The candle must NOT touch the Kumo.
If the candle touches the Kumo, the indicator waits for the next clean candle that closes below Tenkan without touching the Kumo, then triggers the SELL signal.
The SELL signal appears as a small red triangle above the price bar.
🎯 Purpose of the Indicator
This version of Ichimoku aims to:
Filter weak signals near the Kumo (high-noise zones).
Identify clean pullback continuations within trending markets.
Provide easy-to-read visual markers and alert conditions for automated setups.
Improve decision-making by ensuring both price and Tenkan confirm trend strength before triggering entries.
🔔 Alerts Included
The indicator includes two built-in alerts:
BUY Signal – Ichimoku Long Entry
SELL Signal – Ichimoku Short Entry
These alerts can be used directly for automation, bot integration, or manual trading.
📌 Recommended Use
Best used in trending markets.
Works across timeframes (Scalp, Swing, Intraday, or Daily).
Ideal as a primary strategy or confirmation tool.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.