OPEN-SOURCE SCRIPT

H Ichimoku

67
Ichimoku Kinko Hyo (commonly called the Ichimoku Cloud) is a comprehensive technical analysis indicator developed by Japanese journalist Goichi Hosoda in the 1960s. Its name translates to “one glance equilibrium chart,” reflecting the tool’s purpose: to provide a quick, holistic view of market trend, momentum, and support/resistance levels.

The Ichimoku Cloud consists of five main components:

Tenkan-sen (Conversion Line): The average of the highest high and lowest low over the past 9 periods.

Kijun-sen (Base Line): The average of the highest high and lowest low over the past 26 periods.

Senkou Span A (Leading Span A): The average of the Tenkan-sen and Kijun-sen, plotted 26 periods ahead.

Senkou Span B (Leading Span B): The average of the highest high and lowest low over the past 52 periods, plotted 26 periods ahead.

Chikou Span (Lagging Span): The current closing price plotted 26 periods back.

The area between Senkou Span A and B forms the “cloud” (Kumo), which visually highlights key support and resistance zones. Prices above the cloud indicate an uptrend, below the cloud a downtrend, and within the cloud a consolidating or neutral market.

Ichimoku is valued for its ability to provide a broad, forward-looking perspective on price action, helping traders identify trends, momentum, and potential reversal points at a glance.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.