syntaxgeek

Ichimoku Oscillator

Fans of the Ichimoku cloud indicator may enjoy this lower study version.

It's all the exact same representation but the cloud is converted to an oscillation in histogram or classic cloud fill formats.

All of the original lines, except Kumo cloud lines, are provided but adjusted to be positionally accurate to the oscillation values.

The oscillation value is calculated simply by absolute subtraction of span a and b lines and as such become an additional width detection mechanism in what I consider to be a slightly cleaner display.

Since the entire cloud can be removed from the main chart, it's necessary to understand price location relative to the values which is calculated and displayed as the 'Price' plot. It is positionally accurate to the oscillation and cross signals can be observed.

My hope is that this serves as a foundation for others to create interesting Ichimoku lower study indicators, and to provide relief to traders looking for cleaner main charts.

I've done my best to ensure accuracy but if any issues are found please let me know.

Feedback and suggestions are welcome, enjoy.

@tradeseekers (YouTube, Twitter)
开源脚本

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。

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想在图表上使用此脚本?