Description: Ichimoku Support and Resistance is an indicator which allows to represent on the chart the price structures identified through the flat zones of the various lines of the Ichimoku Kinko Hyo indicator
Suggested usage: Use on any timeframe. It is possible to calculate flat zones only in a certain period and in a different time frame, and select those calculated by specific lines.
Technical Details: Internally it uses an Array to store the levels of when a line is flat (calculating the distance to the previous one). At the last bar it prints the various lines on the screen.
Credits: - Some of the indications has been explained by Corrado Rondelli in "Strategie di trading con l’indicatore Ichimoku Kinko Hyo"
Hi I'm new in trading, traning with Ichimoku and no skills in coding. The best way I founded to mark price levels is by tracing SSB flat in red for SSB 1M, orange for SSB 1W and yellow for SSB 1D. Very satisfied with the result but very long to do with each asset.... Is it possible to customize your script, or create a new one to: - choose the source of lines (Senkou span B / Kijun / both) - select the length of the flat above which lines are traced (1,2...,X day/week/month) - choose different color/width of lines for Kijun/SSB in each time unit
I have a screenshot of what I mean but I don't know how to post it here
I'm new in trading, traning with Ichimoku and no skills in coding.
The best way I founded to mark price levels is by tracing SSB flat in red for SSB 1M, orange for SSB 1W and yellow for SSB 1D.
Very satisfied with the result but very long to do with each asset....
Is it possible to customize your script, or create a new one to:
- choose the source of lines (Senkou span B / Kijun / both)
- select the length of the flat above which lines are traced (1,2...,X day/week/month)
- choose different color/width of lines for Kijun/SSB in each time unit
I have a screenshot of what I mean but I don't know how to post it here
Thank you for your precious help!