Coloured Ichimoku Cloud 7,22,44,22
Updated 9th March 2015
//Created By User George Stewart //Last Update 01/03/2015 //new Updates include Cloud Color Change based on Trend.based on Trend //Added ability to turn on/off Tenkan-Sen (7 Period), Kinjun-Sen (22 Period), Chinkou Span (Lagging Line), and "Cloud" //Correct Plot Names for Alerts study(title="Coloured Ichimoku Cloud 7,22,44,22", shorttitle="Coloured Ichimoku Cloud", overlay=true) turningPeriods = input(7, minval=1, title="Tenkan-Sen") standardPeriods = input(22, minval=1, title="Kinjun-Sen") leadingSpan2Periods = input(44, minval=1, title="Senkou Span B") displacement = input(22, minval=1, title="-ChinkouSpan/+SenkouSpan A") sts = input(true, title="Show Tenkan-Sen (7 Period)?") sks = input(true, title="Show Kinjun-Sen (22 Period)?") sll = input(true, title="Show Chinkou Span (Lagging Line)?") sc = input(true, title="Show Cloud?") cr1 = input(false, title="Show Crosses up/down Tenkan-Sen (7 Period) and Kinjun-Sen (22 Period?") //Definitions for Tenkan-Sen (7 Period), Kinjun-Sen (22 Period), Chinkou Span (Lagging Line) donchian(len) => avg(lowest(len), highest(len)) turning = donchian(turningPeriods) standard = donchian(standardPeriods) leadingSpan1 = avg(turning, standard) leadingSpan2 = donchian(leadingSpan2Periods) //Crosses up/down Tenkan-Sen (7 Period) and Kinjun-Sen (22 Period) crossUpTenkanKinjun = turning[1] < standard[1] and turning > standard ? 1 : 0 crossDnTenkanKinjun = turning[1] > standard[1] and turning < standard ? 1 : 0 cupA = crossUpTenkanKinjun == 1 ? crossUpTenkanKinjun : 0 cdnB = crossDnTenkanKinjun == 1 ? crossDnTenkanKinjun : 0 //First Definition for Ability to Color Cloud based on Trend. leadingSpan1Above = leadingSpan1 >= leadingSpan2 ? 1 : na leadingSpan2Below = leadingSpan1 <= leadingSpan2 ? 1 : na //Next 4 lines are code used as plots in order to Color Cloud based on Trend span1plotU = leadingSpan1Above ? leadingSpan1 : na span2plotU = leadingSpan1Above ? leadingSpan2 : na span1plotD = leadingSpan2Below ? leadingSpan1 : na span2plotD = leadingSpan2Below ? leadingSpan2 : na col = leadingSpan1 >= leadingSpan2 ? aqua : orange //plots for 3 lines other than cloud. plot(sts and turning ? turning : na, title = 'Tenkan-Sen (7 Period)', linewidth=2, color=red) plot(sks and standard ? standard : na, title = 'Kinjun-Sen (22 Period)', linewidth=2, color=navy) plot(sll and close ? close : na, title='Chinkou Span (Lagging Line)', linewidth=2, offset = -displacement, color=yellow) //Cloud Lines Plot Statements - ***Regular Lines to Fill in Break in Gap plot(sc and leadingSpan1 ? leadingSpan1 : na, title = 'Senkou Span A (22 Period) Cloud', style=line, linewidth=1, offset = displacement, color=col) plot(sc and leadingSpan2 ? leadingSpan2 : na, title = 'Senkou Span B (44 Period) Cloud', style=line, linewidth=1, offset = displacement, color=col) //Cloud Lines Plot Statements - ***linebr to create rules for change in Shading p1 = plot(sc and span1plotU ? span1plotU : na, title = 'Senkou Span A (22 Period) Above Span B Cloud', style=linebr, linewidth=1, offset = displacement, color=col) p2 = plot(sc and span2plotU ? span2plotU : na, title = 'Senkou Span B (44 Period) Below Span A Cloud', style=linebr, linewidth=1, offset = displacement, color=col) p3 = plot(sc and span1plotD ? span1plotD : na, title = 'Senkou Span A (22 Period) Below Span B Cloud', style=linebr, linewidth=1, offset = displacement, color=col) p4 = plot(sc and span2plotD ? span2plotD : na, title = 'Senkou Span B (44 Period) Above Span A Cloud', style=linebr, linewidth=1, offset = displacement, color=col) //Fills that color cloud based on Trend. fill(p1, p2, color=aqua, transp=70, title='Kumo (Cloud)') fill(p3, p4, color=orange, transp=70, title='Kumo (Cloud)')