This script calculates a simple Ichimoku Score based on the signals documented here, with a few additions. Each of the score components can be individually weighted via the script inputs. The output is a plot of the normalized Ichimoku score, in the range of -100 to 100.
Thank you very much. What exactly were the bug fixes?
marten65198
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is there a version 4 for this?
MartinWeb
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anyone knows how the normalization could be changed to make it run between 0 and 100?
sjb933
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@MartinWeb, I am not sure why you would want to because this indicator produces both positive and negative signals... but if you just want to re-normalize the output value in the range of 0 : 100 (instead of -100 : 100), then simply take the output score of this, add 100, and divide by 2.
@sjb933, why? because i only can use 3 indicators at once and i would like to have it in the rsi. therefore 0 should be 50 and below 50 should be the negative signals.
MartinWeb
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@MartinWeb, nice thank you. I just added it to the plot. plot((normalizedScore + 100) / 2 , color=normalizedScore >= 90 ? color.red : normalizedScore <= 10 ? color.green : color.white, linewidth=1, title="Total Ichi Score")