TK (Tenkan Kijun) cross

[rava]

In Ichimoku Cloud when Tenkan cross the Kijun upward/downward is called TK cross.

Trading can be performed based on the Cloud and TK cross for upward and downward direction. After the TK cross the trend is expected to continue for certain candle depending on the strength.

I am looking for a indicator that will give an up/down arrow when the TK cross then a number above the candle incrementing each candle as 1,2, 3..... then resets when the trend goes to another direction or new trend in the same direction arises. also, the script should ignore TK cross when the cross is inside the cloud.

here is the basic Ichimoku script for reference

input tenkan_period = 9;
input kijun_period = 26;
def Tenkan = (Highest(high, tenkan_period) + Lowest(low, tenkan_period)) / 2;
def Kijun = (Highest(high, kijun_period) + Lowest(low, kijun_period)) / 2;
    def TKcross = Tenkan crosses Kijun ;

def SpanA = (Tenkan[kijun_period] + Kijun[kijun_period]) / 2;
def SpanB = (Highest(high[kijun_period], 2 * kijun_period) + Lowest(low[kijun_period], 2 * kijun_period)) / 2;
AddCloud(SpanA, SpanB, color.green, color.red);

 

[halcyonguy]

In Ichimoku Cloud when Tenkan cross the Kijun upward/downward is called TK cross.

Trading can be performed based on the Cloud and TK cross for upward and downward direction. After the TK cross the trend is expected to continue for certain candle depending on the strength.

I am looking for a indicator that will give an up/down arrow when the TK cross then a number above the candle incrementing each candle as 1,2, 3..... then resets when the trend goes to another direction or new trend in the same direction arises. also, the script should ignore TK cross when the cross is inside the cloud.

here is the basic Ichimoku script for reference

input tenkan_period = 9;
input kijun_period = 26;
def Tenkan = (Highest(high, tenkan_period) + Lowest(low, tenkan_period)) / 2;
def Kijun = (Highest(high, kijun_period) + Lowest(low, kijun_period)) / 2;
    def TKcross = Tenkan crosses Kijun ;

def SpanA = (Tenkan[kijun_period] + Kijun[kijun_period]) / 2;
def SpanB = (Highest(high[kijun_period], 2 * kijun_period) + Lowest(low[kijun_period], 2 * kijun_period)) / 2;
AddCloud(SpanA, SpanB, color.green, color.red);

this plots counting numbers after a crossing.
blue and above if Tenkan crosses above kijun.
yellow and below if Tenkan crosses below kijun.

#TK_Tenkan_Kijun_cross

#https://usethinkscript.com/threads/tk-tenkan-kijun-cross.18291/
#TK (Tenkan Kijun) cross

input tenkan_period = 9;
input kijun_period = 26;
def Tenkan = (Highest(high, tenkan_period) + Lowest(low, tenkan_period)) / 2;
def Kijun = (Highest(high, kijun_period) + Lowest(low, kijun_period)) / 2;
    def TKcross = Tenkan crosses Kijun ;

def SpanA = (Tenkan[kijun_period] + Kijun[kijun_period]) / 2;
def SpanB = (Highest(high[kijun_period], 2 * kijun_period) + Lowest(low[kijun_period], 2 * kijun_period)) / 2;
AddCloud(SpanA, SpanB, color.green, color.red);
#

def bn = barnumber();
def na = double.nan;

def xup =  Tenkan crosses above kijun;
def xdwn =  Tenkan crosses below kijun;

def dir = if bn == 1 then 0
 else if xup then 1
 else if xdwn then -1
 else dir[1];

def cnt = if bn == 1 then 0
 else if xup or xdwn then 1
 else cnt[1] + 1;

plot zup = if dir > 0 then cnt else na;
zup.SetPaintingStrategy(PaintingStrategy.VALUES_ABOVE); 
zup.setdefaultcolor(color.cyan);

plot zdwn = if dir < 0 then cnt else na;
zdwn.SetPaintingStrategy(PaintingStrategy.VALUES_below); 
zdwn.setdefaultcolor(color.yellow);

input test_lines = no;
plot t = if test_lines then Tenkan else na;
plot k = if test_lines then kijun else na;
addverticalline(test_lines and xup,"-", color.cyan);
addverticalline(test_lines and xup,"-", color.cyan);
#

 

[rava]

this plots counting numbers after a crossing.
blue and above if Tenkan crosses above kijun.
yellow and below if Tenkan crosses below kijun.

#TK_Tenkan_Kijun_cross

#https://usethinkscript.com/threads/tk-tenkan-kijun-cross.18291/
#TK (Tenkan Kijun) cross

input tenkan_period = 9;
input kijun_period = 26;
def Tenkan = (Highest(high, tenkan_period) + Lowest(low, tenkan_period)) / 2;
def Kijun = (Highest(high, kijun_period) + Lowest(low, kijun_period)) / 2;
    def TKcross = Tenkan crosses Kijun ;

def SpanA = (Tenkan[kijun_period] + Kijun[kijun_period]) / 2;
def SpanB = (Highest(high[kijun_period], 2 * kijun_period) + Lowest(low[kijun_period], 2 * kijun_period)) / 2;
AddCloud(SpanA, SpanB, color.green, color.red);
#

def bn = barnumber();
def na = double.nan;

def xup =  Tenkan crosses above kijun;
def xdwn =  Tenkan crosses below kijun;

def dir = if bn == 1 then 0
 else if xup then 1
 else if xdwn then -1
 else dir[1];

def cnt = if bn == 1 then 0
 else if xup or xdwn then 1
 else cnt[1] + 1;

plot zup = if dir > 0 then cnt else na;
zup.SetPaintingStrategy(PaintingStrategy.VALUES_ABOVE);
zup.setdefaultcolor(color.cyan);

plot zdwn = if dir < 0 then cnt else na;
zdwn.SetPaintingStrategy(PaintingStrategy.VALUES_below);
zdwn.setdefaultcolor(color.yellow);

input test_lines = no;
plot t = if test_lines then Tenkan else na;
plot k = if test_lines then kijun else na;
addverticalline(test_lines and xup,"-", color.cyan);
addverticalline(test_lines and xup,"-", color.cyan);
#

@halcyonguy,
Awesome. Thank you very much. This is exactly what i was looking for. It will be great, if some more conditions can be added.

Uptrend
The upward trend is confirmed only when
1.) Current forecast cloud matches the uptrend(green)
2.) If Chiku is above the cloud
3.) TK cross above the colud
if all these conditions are met then make the numbering bold/different color.

Downtrend
The down trend is confirmed only when
1.) Current forecast cloud matches the down trend(red)
2.) If Chiku is below the cloud
3.) TK cross below the colud
make the numbering bold/different color.