Ichimoku Clouds with Trend Identification

This is another version of the Ichimoku Clouds indicator where I have added logic to evaluate the current chart as either Bullish, Bearish, or Mixed, depending on 4 factors:

1. Is the price above/below the cloud?
2. Is the conversion line above/below the base line?
3. Is the lagging span above/below the cloud?
4. Is the rightmost cloud green/red?

If all conditions point the same direction, then the chart will be labelled "Bullish" or "Bearish". Otherwise it will be labelled "Mixed".

Notes de version

Main new feature is labelling on a finer spectrum: labels can now not only be "Bullish", "Bearish", or "Mixed", they can now be "Fully" bullish/bearish or have bullish/bearish "Lean".

Also took the opportunity to reorganize the code and refactor for clarity and conciseness, as well as update the comments to be more helpful and informative.

Script open-source

Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.

ragnarok628

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Script open-source

ragnarok628