TheSocialCryptoClub

Ichimoku Analysis Tool by TheSocialCryptoClub

Name: Ichimoku Analysis Tool

Category: Indicator.

Timeframe: Any Timeframe

Description: Ichimoku Analysis Tool is an assistant for the trader to visualize the information that can be perceived at a glance from the Ichimoku Kinko Hyo indicator.

Suggested usage: Use on Daily to evaluate the general long term, short term and mid term situation.

Technical Details: Each cell of the table describes an element of the Ichimoku by simply assessing the direction of the lines - or whether they are flat - and how they are positioned with each other (e.g. Tenkan above or below the Kijun) and in general how long ago the last Kumo Twist was and the width in percent of the Kumo.

Credits:
- Some of the indications has been explained by Corrado Rondelli
- Table has been inspired by tanayroy's ICHIMOKU Trading beta

- Scalping The Bull Indicator: linktr.ee/scalpingthebull
- Scalping The Bull Training: tinyurl.com/corsoindicatorepro
- AlgoTrading Training: tiny.one/corsopinescriptbase
- Crypto News: t.me/joinchat/StkXJM
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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