Ichimoku Oscillator 4 colors — скрипт индикатора для графиков от трейдера PolarSolar / 2017-04-09

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Облако Ишимоку

ichimokuclouds

Just Ichimoku oscillator!

Histogramm of Tenkan/Kujun convergence/divergence + Kumo height = cummulative line (momentum).
Can use histogramm or cummulative line color for bars.

this looks great, but can you explain the components please? i can see the cloud, lines, not sure what some of the histograms mean though and how can kijun, tenkan be represented in one line?

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Metalxx14

@Metalxx14, each histogramm just oscillator between two Ichimoku lines. Works as MACD/AO
Thin - Tenkan/Kijun
Thick - heights of Kumo cloud
Cummulative line - summ of both histogramm (cummulative momentum)

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