OPEN-SOURCE SCRIPT
Updated Log-space Ichimoku Cloud
This indicator uses identical calculation to Ichimoku indicator except performed in log-space. This is helpful for long-term and highly volatile charts.
Release Notes
drop 1st candle for stability in the beginningRelease Notes
custom lowest/highest functions to make indicator usable from the beginning of the price history (may be less accurate during this time)Release Notes
update chartRelease Notes
Allow user to specify how many candles to drop, also allow to turn off log scaling if neededRelease Notes
Bring back lagging span (got lost in the process)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.