OPEN-SOURCE SCRIPT

Ichimoku Trend Cycle

315
Ichimoku Trend Cycle

A precision dual-trend system combining Ichimoku-based ATR Supertrends — engineered for clarity, reliability, and smart trend detection.

🔷 What is Ichimoku Trend Cycle?

The Ichimoku Trend Cycle harnesses the power of traditional Ichimoku analysis with modern ATR-based supertrend technology:
  • Alpha Trend: Primary trend detection using Ichimoku conversion & baseline logic
  • Beta Trend: Secondary confirmation trend with independent ATR calculations
  • Dual Confirmation Engine: Both trends must align for signal generation

This powerful combination delivers clean, non-repainting Buy/Sell signals while filtering out market noise and false breakouts.

🔍 How It Works
  • Blue Alpha + Red Beta Trends Align Bullish → BUY Signal
  • Both Trends Turn Bearish → SELL Signal

You get ONE signal per trend change — no spam, no noise, just crystal-clear direction changes.

⚙️ Core Features

✅ Ichimoku-Enhanced Supertrends
Traditional Ichimoku conversion/baseline logic powering modern ATR bands.
✅ Dual-Trend Confirmation
Alpha and Beta trends must agree — eliminates false signals.
✅ One Alert Per Trend Shift
Clean entries, zero noise, no repeated signals.
✅ Visual Excellence
Color-coded trend lines with high-contrast BUY/SELL labels.
✅ Fully Customizable
Independent settings for both trend systems plus smoothing options.

🎯 Perfect For
  • Swing Traders wanting confirmed trend changes
  • Position Traders seeking major trend shifts
  • Anyone who values clean charts with sharp decision points

🛠 Settings Breakdown
  • Alpha Trend Settings: Primary trend with conversion/baseline periods + ATR multiplier
  • Beta Trend Settings: Secondary confirmation trend with independent parameters
  • Smoothing MA Settings: Optional MA smoothing with Bollinger Bands support
  • Alert Settings: Customize signal confirmation periods
  • Candle Color Settings: Fully customizable trend and candle color schemes

Built-in Smart Alerts — Never miss a trend change again
Zero-lag Performance — Works flawlessly across all timeframes
📈 Strategy-Ready Code — Professional-grade, non-repainting signals
Transform your trading with the precision of Ichimoku and the reliability of dual-trend confirmation.

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.