[blackcat] L3 Ichimoku FusionCOMPREHENSIVE ANALYSIS OF THE L3 ICHIMOKU FUSION INDICATOR
🌐 Overview:
The L3 Ichimoku Fusion is a sophisticated multi-layered technical analysis tool integrating classic Japanese market forecasting techniques with enhanced dynamic elements designed specifically for identifying potential turning points in financial instruments' pricing action.
Key Purpose:
To provide traders with an intuitive yet powerful framework combining established ichimoku principles while incorporating additional validation checkpoints derived from cross-timeframe convergence studies.
THEORETICAL FOUNDATION EXPLAINED
🎓 Conceptual Background:
:
• Conversion & Base Lines tracking intermediate term averages
• Lagging Span providing delayed feedback mechanism
• Lead Spans projecting future equilibrium states
:
• Adaptive parameter scaling options
• Automated labeling system for critical junctures
• Real-time alert infrastructure enabling immediate response capability
PARAMETER CONFIGURATION GUIDE
⚙️ Input Parameters Explained In Detail:
Regional Setting Selection:**
→ Oriental Configuration: Standardized approach emphasizing slower oscillation cycles
→ Occidental Variation: Optimized settings reducing lag characteristics typical of original methodology
Multiplier Adjustment Functionality:**
↔ Allows fine-graining oscillator responsiveness without altering core relationship dynamics
↕ Enables adaptation to various instrument volatility profiles efficiently
Displacement Value Control:**
↓ Controls lead/lag offset positioning relative to current prices
↑ Provides flexibility in adjusting visual representation alignment preferences
DYNAMIC CALCULATION PROCESSES
💻 Algorithmic Foundation:
:
Utilizes highest/lowest extremes over specified lookback windows
Produces more responsive conversions compared to simple MAs
:
→ Confirms directional bias across multiple independent criteria
← Ensures higher probability outcomes reduce random noise influence
:
♾ Creates persistent annotations documenting significant events
🔄 Handles complex state transitions maintaining historical record integrity
VISUALIZATION COMPONENTS OVERVIEW
🎨 Display Architecture Details:
:
→ Solid colored trendlines representing conversion/base relationships
↑ Fill effect overlay differentiating expansion/compression phases
↔ Offset spans positioned according to calculated displacement values
:
→ Green shading indicates positive configuration scenarios
↘ Red filling highlights negative arrangement situations
⟳ Orange transition areas mark transitional periods requiring caution
:
✔️ LE: Long Entry opportunity confirmed
❌ SE: Short Setup validated
☑ XL/XS: Position closure triggers active
✓ RL/RS: Potential re-entry chances emerging
STRATEGIC APPLICATION FRAMEWORK
📋 Practical Deployment Guidelines:
Initial Integration Phase:
Select appropriate timeframe matching trading horizon preference
Configure input parameters aligning with target asset behavior traits
Test thoroughly under simulated conditions prior to live usage
Active Monitoring Procedures:
• Regular observation of cloud formation evolution
• Tracking label placements against actual price movements
• Noting pattern development leading up to signaled entry/exit moments
Decision Making Process Flowchart:
→ Identify clear breakout/crossover events exceeding confirmation thresholds
← Evaluate contextual factors supporting/rejecting indicated direction
↑ Execute trades only after achieving required number of confirming inputs
PERFORMANCE OPTIMIZATION TECHNIQUES
🚀 Refinement Strategies:
Calibration Optimization Approach:
→ Start testing with default suggested configurations
↓ Gradually adjust individual components observing outcome changes
↑ Document findings systematically building personalized version profile
Context Adaptability Methods:
➕ Add supplementary indicators enhancing overall reliability
➖ Remove unnecessary complexity layers if causing confusion
✨ Incorporate custom rules adapting to specific security behaviors
Efficiency Improvement Tactics:
🔧 Streamline redundant processing routines where possible
♻️ Leverage shared data streams whenever feasible
⚡ Optimize refresh frequencies balancing update speed vs computational load
RISK MITIGATION PROTOCOLS
🛡️ Safety Measures Implementation Guide:
Position Sizing Principles:
∅ Never exceed preset maximum exposure limits defined by risk tolerance
± Scale positions proportionally per account size/market capitalization
× Include slippage allowances within planning stages accounting for liquidity variations
Validation Requirements Hierarchy:
☐ Verify signals meet minimum number of concurrent validations
⛔ Ignore isolated occurrences lacking adequate evidence backing
▶ Look for convergent evidence strengthening conviction level
Emergency Response Planning:
↩ Establish predefined exit strategies including trailing stops mechanisms
🌀 Plan worst-case scenario responses ahead avoiding panic reactions
⇄ Maintain contingency plans addressing unexpected adverse developments
USER EXPERIENCE ENHANCEMENT FEATURES
🌟 Additional Utility Functions:
Alert System Infrastructure:
→ Automatic notifications delivered directly to user devices
↑ Message content customized explaining triggered condition specifics
↔ Timing optimization ensuring minimal missed opportunities due to latency issues
Historical Review Capability:
→ Ability to analyze past performance retrospectively
↓ Assess effectiveness across varying market regimes objectively
↗ Generate statistics measuring success/failure rates quantitatively
Community Collaboration Support:
↪ Share personal optimizations benefiting wider trader community
↔ Exchange experiences improving collective understanding base
✍️ Provide constructive feedback aiding ongoing refinement process
CONCLUSION AND NEXT STEPS
This comprehensive guide serves as your roadmap toward mastering the capabilities offered by the L3 Ichimoku Fusion indicator effectively. Success relies heavily on disciplined application combined with continuous learning and adjustment processes throughout implementation journey.
Wishing you prosperous trading endeavors! 👋💰
Buscar en scripts para "ichimoku"
DenP Ichimoku Interpreter (DII)A simple indicator using Ishimoku as a basis, giving entry and exit signals.
Components of the Ichimoku Cloud
The Ichimoku system consists of multiple lines that help traders understand market trends, momentum, and potential reversals.
1. Tenkan-Sen (Conversion Line) - Blue
Formula: (Highest High + Lowest Low) / 2 over the last 9 periods (default).
Purpose: Measures short-term trend direction.
Interpretation:
Upward movement: Indicates bullish momentum.
Downward movement: Indicates bearish momentum.
Flat line: Indicates consolidation.
2. Kijun-Sen (Base Line) - Red
Formula: (Highest High + Lowest Low) / 2 over the last 26 periods (default).
Purpose: Represents medium-term trend.
Interpretation:
Price above Kijun-Sen: Bullish signal.
Price below Kijun-Sen: Bearish signal.
Flat Kijun-Sen: Market in consolidation.
3. Senkou Span A (Leading Span A) - Light Green
Formula: (Tenkan-Sen + Kijun-Sen) / 2, plotted 26 periods ahead.
Purpose: Forms one of the Ichimoku Cloud boundaries.
Interpretation:
If Senkou Span A is rising, the market is bullish.
If Senkou Span A is falling, the market is bearish.
4. Senkou Span B (Leading Span B) - Light Red
Formula: (Highest High + Lowest Low) / 2 over the last 52 periods, plotted 26 periods ahead.
Purpose: Forms the second boundary of the Ichimoku Cloud.
Interpretation:
If price is above the cloud, the market is in a strong uptrend.
If price is below the cloud, the market is in a strong downtrend.
If price is inside the cloud, the market is consolidating.
5. Kumo (Cloud)
The area between Senkou Span A and Senkou Span B is shaded.
Green Cloud (Span A above Span B): Bullish trend.
Red Cloud (Span B above Span A): Bearish trend.
The thickness of the cloud represents market volatility.
6. Chikou Span (Lagging Line) - Green
Formula: Current closing price plotted 26 periods back.
Purpose: Confirms trend direction.
Interpretation:
Chikou Span above price 26 periods ago: Bullish.
Chikou Span below price 26 periods ago: Bearish.
Buy and Sell Conditions
The indicator generates buy and sell signals based on Ichimoku components.
1. Kijun Cross (Medium-Term Trend)
Buy Signal: When the closing price crosses above the Kijun-Sen (red line).
Sell Signal: When the closing price crosses below the Kijun-Sen.
2. Cloud Breakout (Senkou Span Cross)
Buy Signal:
When Senkou Span A is above Senkou Span B, and the price crosses above the cloud.
Indicates a strong uptrend.
Sell Signal:
When Senkou Span B is above Senkou Span A, and the price crosses below the cloud.
Indicates a strong downtrend.
3. Chikou Span Confirmation (Momentum Confirmation)
Buy Signal:
If Chikou Span (green) crosses above past price action, it confirms a bullish trend.
Used to validate Kijun and Cloud Buy signals.
Sell Signal:
If Chikou Span crosses below past price action, it confirms a bearish trend.
Visual Signals
The indicator plots triangles on the chart to indicate buy and sell signals:
Kijun Buy Signal: Upward triangle (green).
Kijun Sell Signal: Downward triangle (red).
Cloud Buy Signal: Upward triangle (green) near the cloud.
Cloud Sell Signal: Downward triangle (red) near the cloud.
Chikou Confirmation Buy: Upward triangle (green, confirming previous signals).
Chikou Confirmation Sell: Downward triangle (red, confirming previous signals).
Additional Features
Customizable Colors & Settings: Users can adjust colors, time periods, and display settings.
On-Chart Table: Displays current trend interpretations for easy reference.
How to Use the Indicator?
Check the Cloud Position:
Price above the cloud = bullish.
Price below the cloud = bearish.
Price inside the cloud = consolidation.
Look for Kijun Crosses:
Buy when price crosses above Kijun-Sen.
Sell when price crosses below Kijun-Sen.
Confirm with Chikou Span:
If Chikou Span supports the buy/sell signal, it's more reliable.
Use Cloud Breakouts for Trend Reversals:
If price moves from below to above the cloud = strong buy.
If price moves from above to below the cloud = strong sell.
SMA Ichimoku CrossesSMA Ichimoku Crosses displays the moving average between the last two crossings of the Tenkan-Sen and Kijun-Sen lines from Ichimoku Kinko Hyo. The line is calculated based on the closing prices at the time of the crossings and is added directly to the price chart, making it a convenient tool for trend analysis and identifying entry and exit points.
Features:
- Automatic calculation of Tenkan-Sen and Kijun-Sen lines.
- Fixation of closing prices at the point of line crossings.
- Calculation of the average price between the last two crossings.
- Display of a pink line on the price chart for convenient analysis.
How to use:
- Identify potential trend reversal zones by observing the line’s position relative to the price.
- Use the line as a dynamic level of support or resistance.
- Include the indicator in your Ichimoku strategies to enhance the accuracy of signals.
Suitable for:
- Traders using Ichimoku in their trading.
- Trend analysis enthusiasts.
- Those looking for additional filters for entry and exit points.
Combo Ichimoku + CDC Action Zone by fukuizThis indicator combines the famous indicators Ichimoku and CDC ActionZone.
#A brief introduction to Ichimoku #
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
#A brief introduction to CDC ActionZone #
CDC ActionZone is a very simple system, utilizing just two exponential moving averages. The 'zones' in which different 'actions' should be taken are highlighted in different colors. Calculations for the zones
They are based on the relative position of price to the two EMA lines and the relationship between the two EMAs.
The CDC ActionZone was developed by Piriya333, a Thai technical analyst.
#How to use #
The basic method for using Ichimoku+CDC ActionZone is to follow the green/red color and the cloud.
Buy condition
-Buy when the bar closes in green and closes above the cloud
Sell condition
-sell when the bar closes in red.
Trading sessions, Ichimoku and Classic Pivots█ OVERVIEW
This a self contained intraday trading style for crypto/forex made to be on and traded on 15-min.
This Script Creates a box around each major session to a trading range, include highlights for the first 12 15-min candles, classic Pivot points and ichimoku cloud.
█ CONCEPTS
1 — Session boxes and ranges are based of the times from Steve from Beat the market maker, and you have the option in setting to have an extension for the high/low until the start of the next box calculation.
2 — 12 candle window, this marks the first 3 hours after a open;
The first hour - stop hunt
The second hour - big moves
The third hour - tend continuation or reversal
3 — The Days of the weeks are labelled and coloured;
Weekends are in grey, ideally no trade days.
Monday, Tuesday, Thursday are green, to mark the week days
Wednesday is red to be mindful of mid week reversal
Friday is red to mark the end of week
4 — Ichimoku cloud, by default the only thing visible is the kumo cloud, but in setting you can turn the line back on. Ichimoku proves a great mark for areas to look for support and resistances.
5 — Lastly, you have classic pivots, by default they are extend to the right and on weekly, Each level act as support and resistance. Look for Bullish momentum at R3 for a larger moves to the upside.
Ichimoku and the pivot are here mainly for when you want to do higher time frame analysis.
█ OTHER SECTIONS
• HOW TO USE
Example of a trade
**Key thing to remember is London will set the high in a down trend and the low in an up trend
you can see the first hour look for stops and stopped at 50% of the range set coming into the session, the second hour a big move to the down side hitting 200% expansion then the third hour reversal stopping wick up then
back down from from London low. before continuing down.
• LIMITATIONS: I have not test this on Stock, as I have a different strategies for those market
• NOTES : I know a lot of people have moving averages on their chart, I have another separate one with all MA types, and it something that will not fit into one script, Other things you can add with this Bollinger bands, and
fib tool with 50%, 100%, 150% and 200%
[blackcat] L1 Ichimoku CloudLevel: 1
Background
In Muranaka's article, "Ichimoku Cloud" was described. It contains Ichimoku - Lines and Ichimoku - Cloud.
Function
In the article, Muranaka states that the "market has improved when the delayed line is above the closing prices at that past date." Thus, for this indicator, when the delayed line is above the closing prices at the past date, the turning line will be Green. When the delayed line is below the closing prices at the past date, the turning line will be Red. I eliminate the need to display the delayed line (Silver color). Of course, you can choose to display the delayed line by setting the ShowDelayLine input to true.
Key Signal
Standard Line --> Blue line;
Turning Line --> Green and Red;
Delayed --> Not shown, Silver.
Span1 and Span 2 --> Ichimoku Cloud, Yellow for up trend and Fuchsia for down trend.
Remarks
This is a Level 1 free and open source indicator.
Feedbacks are appreciated.
MACD/EMA/SMA/Ichimoku Confluence StrategyThis strategy uses a number of chart indicators to provide a Bullish/Bearish signal. Using a combination of the 200 SMA, the 20 EMA, the MACD and the Ichimoku cloud, the strategy logic will adjust the amount of confluence required between the indicators depending on how bullish or bearish the chart is looking. The logic looks for the following:
- Are we above or below the 200 SMA?
- Are we above or below the 20 EMA?
- Have we had a bullish MACD cross?
- Where are we in relation to the Ichimoku cloud?
If the coin is below the 200 SMA, then the strategy will only give a buy signal if the coin closes a candle above the 20 EMA AND the MACD is bullish and either the Ichimoku cloud is green, or the coin is above the Ichimoku cloud (regardless of colour).
If the coin is above the 200 SMA, Then the strategy will give a buy signal if the coin closes a candle above the 20 EMA AND the MACD is bullish and the coin is either IN the cloud (not necessarily above it) or the cloud is green.
The reverse is true for a sell signal, i.e. when the coin is above the 200 SMA it must close a candle below the Ichimoku cloud and be bearish in relation to the 20 EMA and MACD. If it is below the 200 SMA, then the strategy will give a sell signal if the the EMA/MACD conditions are true and the coin enters the cloud.
This strategy gives a fairly conservative signal for entry and exit points, but is fairly successful across a number of time frames, both short term and long term. As with all my strategies, I only include LONG entries and closes, not SHORT entries (as I find they make for inaccurate backtesting).
Please feel free to like, share, critique and suggest any improvements to this strategy. All feedback, positive and negative, is appreciated.
HTS-Ichimoku CloudAdd more a Longline into the basic ichimoku in order to see the support or assistant especially when the price is outside of cloud.
Vertical lines period 9,26,51 Ichimokuallows you to view the old prices on periods 9, 26 and 51 on the Ichimoku indicator. Periods and color can be changed. Can be used on all products. it saves you from having to count the old candles
MultiScripts: EMAs + ST + S & R + IchimokuMulti scripts:
Multi EMAs
Super-Trend
Support and Resistence
Ichimoku Cloud
Akash-Ichimoku Cloud + Moving avg of 20-50-200Its a convenient combo indicator of ichimoku cloud and moving averages of 20-50-200
This can help save on limit of indicators in free version.
Most of the positional trading calls can be done with this combo indicator.
Akash Rajpal
4 EMAs With Colors(100,300,600,1000)+ichimoku Cloud4 EMAs With Colors(100,300,600,1000) To detect trend
+ichimoku Cloud to have successful trading
Most Important Moving Averages for Me with Ichimoku+ Pivot StratMost Important Moving Averages for Me with Ichimoku+ Pivot Strat
All in One Chart
It's easy for me
Auto IchimokuA strategy where entries are calculated for you using the Ichimoku Cloud. The IC isn't plotted though, just a heads up.
Geometric Ichimoku CloudThis version of the Ichimoku Cloud indicator uses the geometric mean rather than the arithmetic mean.
Delphi 3EMA 3MA 3WMA + DanieleDiBona Ichimoku Cloudadded Ichimoku Cloud with amazing settings included ;)))
MACD + RSI + EMA + SMA + Ichimoku + overbought + buy, sell +Doji// MACD + EMA 200 *** buy and sell strategy (RSI, EMA, SMA) *** Doji Harami *** overbought and oversold *** trend direction *** divergence *** Ichimoku
Use this script in time 1h