Ichimoku Kinko Hyo + Fractals

In contrast to my Ichimoku ++ Study this is a pure Ichimoku Konko Hyo Study with Bill Williams Fractals (I couldn't leave out the fractals as these levels are too important for Ichimoku trading).

In this study you can find many visualisation options for the Ichimoku Indicator and the signals the Ichimoku Tradingsystem can provide.

Tenkan-sen and Kijun-sen are provided optionally as mtf levels.

An mtf price cloud relationship is shown in the upper right.

The included signals are:

B1/S1 is a strong filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Chikou > Kumo AND Tenkan > Kijun AND Komo is green

B2/S2 is a less filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Tenkan > Kijun

IB/IS is a confluence signal. The condition for a long/short entry is: more than 50% of the 8 defined conditions must trigger a long signal. Below 50% long, it is a short signal because more than 50% of the entry conditions have triggered a short signal.

הערות שחרור:

Color "code" for Kijun-sen and Tenkan-sen endings added.

הערות שחרור:

Fixed Tenkan-sen plot bug.

הערות שחרור:

Tooltips added.

הערות שחרור:

Code updated. Some more Background signals added.

הערות שחרור:

Attributes of some drawn objects Added. Because of output limitations, I can't add more attributes.

הערות שחרור:

Script converted to Pine v5.

הערות שחרור:

IB/IS signal updated.

הערות שחרור:

Screenshot issue.

הערות שחרור:

Code updated (signal textcolor).

הערות שחרור:

Fixed strange behavior (since a few weeks) of "Ichimoku endings".