This indicator is inspired by "RSI ICHIMOKU CLOUD".
Script plots price bars based on selected indicator with Ichimoku Cloud around it.
In my version I have added different oscillators for bar calculations.
Specifically you can choose from:
Center of Gravity(CoG)
Momentum
RSI
הערות שחרור
Updated script to include new features and minor fixes.
This release adds next features:
User configurable channel that tracks selected indicator oscillations
Ichimoku Lagging Span (disabled by default)
Fixes:
Momentum based candles are now plotted properly with shadows
הערות שחרור
In this updated version I added color coded centerline and background. By default centerline is long length trend and background is shorter term trend (this can be swaped around in setting).
Green - Strong uptrend
Yellow - Price is testing/loosing trend
Red - Price is downtrending
הערות שחרור
Release Notes: New features and visual improvements.
Added alternative experimental calculations for Adaptive Moving Average (this option is now enabled by default).
Removed candle borders to make indicator look cleaner.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.