OPEN-SOURCE SCRIPT
Interactive Ichimoku Box by Tradictorz | Open-Source Edition
Interactive Ichimoku Box by Tradictorz | Open-Source Edition
This is the open-source release of Interactive Ichimoku Box by Tradictorz.
The script is designed as a visual Ichimoku-based analysis tool. It combines standard Ichimoku components with interactive projection boxes based on recent high/low ranges. The goal is to help traders visually study price structure, potential range expansion areas, and Tenkan/Kijun relationship directly on the chart.
Main features:
• Ichimoku Tenkan and Kijun lines
• Optional Ichimoku cloud display
• Chikou span display
• Interactive target boxes based on 9-period, 26-period, and 52-period high/low ranges
• Higher and lower projection box options
• Visual Tenkan/Kijun cross indication
• Position label showing current directional bias and price
• Buy/Sell alert conditions based on Tenkan/Kijun crossovers
How it works:
The indicator calculates Ichimoku-style Donchian midpoints for the Conversion Line and Base Line. It then uses recent high/low ranges to draw projected boxes above and below the selected range. These boxes are intended to provide a visual framework for studying possible continuation or expansion zones.
Position label:
The position label displays the current directional state:
• Long: Conversion Line is above Base Line
• Short: Conversion Line is below Base Line
• Range: Conversion Line and Base Line are equal
Alerts:
The script includes alert conditions for:
• Buy Alert: Conversion Line crosses above Base Line
• Sell Alert: Conversion Line crosses below Base Line
Important notes:
This indicator is an analytical and educational tool only. It does not provide financial advice, trade recommendations, or guaranteed buy/sell signals. Historical behavior does not guarantee future results. Always combine this tool with your own analysis, confirmation process, and risk management.
Open-source notice:
This version is published as open source for transparency, educational review, and community feedback. You may inspect the logic, learn from it, and modify it according to TradingView’s open-source rules. If you reuse or publish modified versions of this script, please follow TradingView’s House Rules and credit the original author where required.
License:
This source code is subject to the terms of the Mozilla Public License 2.0.
© parm79
This is the open-source release of Interactive Ichimoku Box by Tradictorz.
The script is designed as a visual Ichimoku-based analysis tool. It combines standard Ichimoku components with interactive projection boxes based on recent high/low ranges. The goal is to help traders visually study price structure, potential range expansion areas, and Tenkan/Kijun relationship directly on the chart.
Main features:
• Ichimoku Tenkan and Kijun lines
• Optional Ichimoku cloud display
• Chikou span display
• Interactive target boxes based on 9-period, 26-period, and 52-period high/low ranges
• Higher and lower projection box options
• Visual Tenkan/Kijun cross indication
• Position label showing current directional bias and price
• Buy/Sell alert conditions based on Tenkan/Kijun crossovers
How it works:
The indicator calculates Ichimoku-style Donchian midpoints for the Conversion Line and Base Line. It then uses recent high/low ranges to draw projected boxes above and below the selected range. These boxes are intended to provide a visual framework for studying possible continuation or expansion zones.
Position label:
The position label displays the current directional state:
• Long: Conversion Line is above Base Line
• Short: Conversion Line is below Base Line
• Range: Conversion Line and Base Line are equal
Alerts:
The script includes alert conditions for:
• Buy Alert: Conversion Line crosses above Base Line
• Sell Alert: Conversion Line crosses below Base Line
Important notes:
This indicator is an analytical and educational tool only. It does not provide financial advice, trade recommendations, or guaranteed buy/sell signals. Historical behavior does not guarantee future results. Always combine this tool with your own analysis, confirmation process, and risk management.
Open-source notice:
This version is published as open source for transparency, educational review, and community feedback. You may inspect the logic, learn from it, and modify it according to TradingView’s open-source rules. If you reuse or publish modified versions of this script, please follow TradingView’s House Rules and credit the original author where required.
License:
This source code is subject to the terms of the Mozilla Public License 2.0.
© parm79
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.