This is the popular Ichimoku Indicator with an easier way to adjust the settings that can help you in your trading.

Components of the Ichimoku indicator:

Tenkan Sen: Basically it is a moving average that goes from 7 to 9 periods.

Kijun Sen: Like Tenkan Sen, we are facing a moving average, but this time from 22 to 26 periods.

Chikou Span: It is the one that represents the current price, but reflected in 22 to 26 periods back.

Senkou Span A: Unlike Chikou Span, this line is drawn over the next 22 to 26 periods, and its calculation is obtained from the average between Tenkan Sen and Kijun Sen. It is a projected average in the future.

Senkou Span B: It is the result of calculating the average between the maximum and minimum over the last 44 to 52 periods, representing the following 22 to 26 periods (as well as the Senkou Span A)

As with Occidental trading systems, based on the crossings of averages, with the Ichimoku we will use the crossing of the Tenkan Sen (fast moving average) with the Kijun Sen (slow moving average) as buying and selling signals.

Strategy of this script:

A strong bullish signal is when price and Chikou Span rises above Kumo cloud and Tenkan Sen cross above Kijun Sen.

A strong bearish signal is when price and Chikou Span falls below Kumo cloud and Tenkan Sen croos under Kijun Sen.
Script de código abierto

Siguiendo el verdadero espíritu de TradingView, el autor de este script lo ha publicado en código abierto, para que los traders puedan entenderlo y verificarlo. ¡Un hurra por el autor! Puede utilizarlo de forma gratuita, aunque si vuelve a utilizar este código en una publicación, debe cumplir con las Normas internas. Puede marcarlo como favorito para usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?


@XaviZ hi. thank you for your work. please tell us what does long+1 long-1 Short+1 short-1 mean???
+2 Responder
Dasani ershilo
@ershilo, if i get it right, this is a size of your position based on the settings u set. per default it is 1 contract per trade.
ershilo Dasani
@Dasani, thank you
+1 Responder
Another nice indicator.. Thanks Xaviz..
+2 Responder
XaviZ ggumuskanat
@ggumuskanat, Thank you 😊
+1 Responder
@XaviZ Hello! can you help me to add alert for this script? Thank you!
+1 Responder