Ichimoku Screener

The Ichimoku Screener indicator provides a comprehensive dashboard to monitor the status of the Ichimoku Cloud across 30 customizable symbols simultaneously.

Usage

The indicator displays a table containing key technical data for various assets based on the Ichimoku Kinko Hyo system. Traders can use this to quickly identify bullish or bearish trends across a broad watchlist without switching charts.

The screener tracks:

• Cloud Color: Indicates the current relationship between Leading Span A and Leading Span B.
• Lagging > Cloud: Displays whether the price (Lagging Span) is currently positioned above or below the cloud.
• Conv. > Base: Monitors the crossover status between the Conversion Line (Tenkan-sen) and the Base Line (Kijun-sen).
• Entry Status: Summarizes the overall trend alignment to highlight potential entry points.

Details

The script utilizes request.security() to fetch data for up to 30 symbols. It calculates standard Ichimoku components:

• Conversion Line (Tenkan-sen): 9-period mid-point.
• Base Line (Kijun-sen): 26-period mid-point.
• Leading Span A (Senkou Span A): Average of the Conversion and Base lines.
• Leading Span B (Senkou Span B): 52-period mid-point.
• Displacement: The standard 26-period shift.

The table cells display numerical values representing the number of bars since a specific condition (like a cloud color change or a crossover) occurred, allowing users to gauge the maturity of a trend.

Settings

Ichimoku

• Conversion Line Length: Sets the period for the Tenkan-sen calculation.
• Base Line Length: Sets the period for the Kijun-sen calculation.
• Leading Span B Length: Sets the period for the Senkou Span B calculation.
• Displacement: Sets the forward displacement for the spans.

Coins

• Coin 1 - 30: Input fields to specify the ticker symbols (e.g., "BTCUSDT", "AAPL") you wish to monitor in the screener table.

FAQ

How many symbols can I track at once?

The indicator is designed to track up to 30 different coins, stocks, or forex pairs simultaneously in a single table.

Why does it take time to load?

Because the script requests data for 30 different symbols, it may take approximately 30 seconds to fully populate the table upon initial load or when changing timeframes.

How do I access this tool?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.