OPEN-SOURCE SCRIPT
Ichimoku Entry Historical Data Export
CSV Ichimoku Entry Historical Data Export
test
The Ichimoku Oscillator is a technical indicator derived from the Ichimoku Kinko Hyo system, designed to measure market momentum and trend strength. It is typically calculated as the difference between the Tenkan-sen (Conversion Line) and the Kijun-sen (Base Line).
Key Aspects:
1. Momentum Measurement:
• A positive value suggests that the short-term trend (Tenkan-sen) is stronger than the medium-term trend (Kijun-sen), indicating bullish momentum.
• A negative value indicates that the short-term trend is weaker than the medium-term trend, signaling bearish momentum.
2. Trend Confirmation & Reversals:
• When the Ichimoku Oscillator crosses above zero, it may indicate a bullish signal.
• When it crosses below zero, it may signal a bearish trend.
3. Divergence Analysis:
• If the price is making new highs while the oscillator is declining, it could indicate a potential reversal.
• If the price is making new lows while the oscillator is rising, it could signal a possible bullish reversal.
4. Integration with Other Indicators:
• Traders often combine it with other Ichimoku components (e.g., Cloud (Kumo), Chikou Span) for more comprehensive analysis.
• It can also be used alongside volume indicators or RSI to confirm momentum shifts.
test
The Ichimoku Oscillator is a technical indicator derived from the Ichimoku Kinko Hyo system, designed to measure market momentum and trend strength. It is typically calculated as the difference between the Tenkan-sen (Conversion Line) and the Kijun-sen (Base Line).
Key Aspects:
1. Momentum Measurement:
• A positive value suggests that the short-term trend (Tenkan-sen) is stronger than the medium-term trend (Kijun-sen), indicating bullish momentum.
• A negative value indicates that the short-term trend is weaker than the medium-term trend, signaling bearish momentum.
2. Trend Confirmation & Reversals:
• When the Ichimoku Oscillator crosses above zero, it may indicate a bullish signal.
• When it crosses below zero, it may signal a bearish trend.
3. Divergence Analysis:
• If the price is making new highs while the oscillator is declining, it could indicate a potential reversal.
• If the price is making new lows while the oscillator is rising, it could signal a possible bullish reversal.
4. Integration with Other Indicators:
• Traders often combine it with other Ichimoku components (e.g., Cloud (Kumo), Chikou Span) for more comprehensive analysis.
• It can also be used alongside volume indicators or RSI to confirm momentum shifts.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.