[Gadatas]-Ichimoku CandyBox Zones
This indicator identifies supply and demand zones based on a custom Ichimoku Kumo structure called the “Candy Box”.
A Candy Box forms when a short-lived cloud segment appears between two opposite Senkou Span A/B crossovers and remains structurally valid during its formation.
Zones are built from the highest and lowest values of Senkou Span A and B within each cloud segment and are projected forward until price touches them.
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Key Features
* Detects compact Ichimoku cloud segments (Candy Boxes)
* Differentiates supply (above price) and demand (below price) zones
* Two invalidation modes:
* Standard (any touch invalidates)
* Full Cloud Fill (only full candle crossover invalidates)
* Dynamic visibility filter to hide zones far from current price
* Zones are preserved internally and reappear when price returns
⸻
Notes
* Not all Kumo twists produce valid zones
* Designed to highlight clean, untouched imbalance areas
* Works best in ranging or transitional market conditions
A Candy Box forms when a short-lived cloud segment appears between two opposite Senkou Span A/B crossovers and remains structurally valid during its formation.
Zones are built from the highest and lowest values of Senkou Span A and B within each cloud segment and are projected forward until price touches them.
⸻
Key Features
* Detects compact Ichimoku cloud segments (Candy Boxes)
* Differentiates supply (above price) and demand (below price) zones
* Two invalidation modes:
* Standard (any touch invalidates)
* Full Cloud Fill (only full candle crossover invalidates)
* Dynamic visibility filter to hide zones far from current price
* Zones are preserved internally and reappear when price returns
⸻
Notes
* Not all Kumo twists produce valid zones
* Designed to highlight clean, untouched imbalance areas
* Works best in ranging or transitional market conditions
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.