OPEN-SOURCE SCRIPT
Extended Ichimoku + Multi-Horizon MA
Extended Ichimoku + Multi-Horizon MA
This script is a customized extension of the Ichimoku Cloud indicator, designed for traders who want deeper insights into trend behavior across multiple timeframes.
📌 Features:
Multiple Donchian-based lines: TK, KJ, Mid, Near, Far, UltraFar, and Horizon lines give layered support/resistance levels.
Expanded Senkou Span logic: Combines various Ichimoku components for a smoother forecasted cloud projection.
Balance Line: An aggregate average line for mid-to-long-term equilibrium tracking.
Customizable Moving Averages: MA1 and MA2 can be configured as SMA, EMA, WMA, VWMA, or SMMA with length/offset options.
Crossover signals: Built-in alerts for bullish/bearish MA crossovers.
🧠 Use Case:
Ideal for intraday and swing traders looking to combine classic trend detection with longer-term market structure. The script visually enhances Ichimoku logic with customizable moving averages for trend confirmation and cloud-based analysis.
This script is a customized extension of the Ichimoku Cloud indicator, designed for traders who want deeper insights into trend behavior across multiple timeframes.
📌 Features:
Multiple Donchian-based lines: TK, KJ, Mid, Near, Far, UltraFar, and Horizon lines give layered support/resistance levels.
Expanded Senkou Span logic: Combines various Ichimoku components for a smoother forecasted cloud projection.
Balance Line: An aggregate average line for mid-to-long-term equilibrium tracking.
Customizable Moving Averages: MA1 and MA2 can be configured as SMA, EMA, WMA, VWMA, or SMMA with length/offset options.
Crossover signals: Built-in alerts for bullish/bearish MA crossovers.
🧠 Use Case:
Ideal for intraday and swing traders looking to combine classic trend detection with longer-term market structure. The script visually enhances Ichimoku logic with customizable moving averages for trend confirmation and cloud-based analysis.
Open-source script
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.