OPEN-SOURCE SCRIPT
Axioma - Ichimoku Balance Engine
Axioma · Ichimoku Balance Engine
A clean Ichimoku market-balance tool designed to read trend context, equilibrium and confirmation at a glance.
The Axioma Ichimoku Balance Engine is built around the original Ichimoku Kinko Hyo logic, but presents the information in a cleaner and more structured way for modern chart analysis.
The focus is not on classic buy/sell signals, but on understanding the current market balance through Kumo structure, Tenkan/Kijun relationship, Kijun behavior and Chikou confirmation.
Core Concept
Main Features
Ichimoku Logic
Visual Philosophy
The script keeps the chart clean and readable. Tenkan, Kijun and Chikou are not overloaded with global bias colors. They remain visually calm, while the Kumo, HUD and state strip provide the directional context.
Pine Script®
Best Use
A clean Ichimoku market-balance tool designed to read trend context, equilibrium and confirmation at a glance.
The Axioma Ichimoku Balance Engine is built around the original Ichimoku Kinko Hyo logic, but presents the information in a cleaner and more structured way for modern chart analysis.
The focus is not on classic buy/sell signals, but on understanding the current market balance through Kumo structure, Tenkan/Kijun relationship, Kijun behavior and Chikou confirmation.
Core Concept
- Price vs. Kumo defines the market environment.
- Tenkan and Kijun describe short- and mid-term balance.
- Kijun acts as the main equilibrium anchor.
- Chikou is used as confirmation and fakeout filter.
- Future Kumo shows projected structure and potential support/resistance.
Main Features
- Classic Ichimoku structure with a cleaner visual layout.
- Smart balance engine based on price, Kumo, Tenkan/Kijun, Kijun direction and Chikou confirmation.
- Right-side HUD for fast market-state reading.
- Visible range state strip for historical context inside the current chart view.
- GT3 RS inspired visual design, optimized for dark chart backgrounds.
- No unnecessary debug plots.
- No multi-timeframe clutter.
- No direct buy/sell labels.
Ichimoku Logic
- Price above the Kumo indicates a bullish environment.
- Price below the Kumo indicates a bearish environment.
- Price inside the Kumo marks balance, transition or reduced clarity.
- Tenkan/Kijun relationship is treated as an important timing component.
- Kijun remains the central balance line of the system.
- Chikou becomes more meaningful when it clears historical price, Kijun and especially Span B.
Visual Philosophy
The script keeps the chart clean and readable. Tenkan, Kijun and Chikou are not overloaded with global bias colors. They remain visually calm, while the Kumo, HUD and state strip provide the directional context.
Best Use
- Trend context analysis.
- Ichimoku market structure reading.
- Filtering weak or unclear environments.
- Understanding whether the market is above, below or inside equilibrium.
- Supporting discretionary trading decisions with a cleaner visual framework.
This indicator is designed as a market-reading tool, not as a standalone automated trading system.
A complete onboarding / full explanation of the logic, interpretation and practical use is available on request.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.