Trend & Range // Indicator & Screener

Trend & Range // Indicator & Screener

Ichimoku is not only a simple indicator, this one can be confronted with the technical analysis to show its reliability which for me completes the classic technical analysis and confirms the readable information

In this example, we can see that ichimoku gives a starting signal twice following the break of the bevel and following the pullback on the upper oblique.
On can then see the accuracy of this indicator on these base values 26/09/52

Ichimoku confirms a bullish trend when all lines are above each other and inversely for a bearish trend.

Chikou > price/components
Tenkan > Kijun/Cumo
Kijun > Cumo

When one of the parameters invalidates the trend, we enter an equilibrium phase. I have therefore developed this indicator which visually shows the confirmation of a trend.

This indicator does not provide signals, it confirms or denies the trend, it is up to you to choose the right moment, note however that it is more interesting to find an entry point on the beginning of a trend.

To be able to analyze several assets simultaneously, I have also developed a screener to show the markets in trend, I know that there are also range traders, so I have also developed a screener that for the range

Thanks Hosoda 😉

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. Boris • 04/18/2021 #

    Hi IVMcm, thanks for your amazing work. I have tested all of your indicators and use some of them everyday. I was just looking to code myself an indicator like this so its awesome !! Thanks again, have a nice day !

  2. IV Mcm • 04/18/2021 #

    With pleasure and thanks!

  3. ashiash • 04/18/2021 #

    how to use this indicator can i use tradingview platform

Register or


avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar

+2 more likes

Related users ' posts
YvesRobert Bonjour Nicolas, concernant cet indicateur j'ai voulu l'utiliser mais il commence à tracer l...
Nicolas Je ne rencontre pas ce problème avec le NASDAQ par exemple, ce serait plus simple d'ouvrir u...
YvesRobert Bonjour Nicolas, en effet ca marche, je me suis trompé, j'ai bien tout le tracé. C'est parce...
1 year ago
Range Factor
Range Factor
JohnScher Postscript: It's running in the live right now. One position after the other is opened. ...
ullle73 nice!! how's it been since your last post on going live? :)
thomas2004ch Hi, Is this strategy suitable for daily SPY? Regards
AndPar Buongiorno Nicolas, vorrei provare questo indicatore, ma quando lo inserisco in PRT mi vengo...
Nicolas Basta aggiungerlo al prezzo
Aragorna hello Nicolas, this indicator works with the last Beta version of PRT? Ive seen tha many in...
2 years ago
ichimoku soft
ichimoku soft
DELBERT Bonjour , je voudrais savoir si votre indicateur peut être installé sur PRT V.10.3 ou s'il e...
khashayar Hi I wrote for version 11. But I think it works for version 10.3 as well. Thanks
wally Hola soy nuevo en el mudo robots. Alguien seria tan amable de poner el archivo itf.file ya q...
Darren Nash I found this works well on the DOW
thomas2004ch Hi John, Is your strategy suitable for daily SPY? Regards
KAMJKAZE thanks, really interesting!
2c95 thanks, why do U prefer average than lowest ? to close under average does'nt mean another...
2 years ago
Stenozar Hi Sever, how can I visualize the coloured areas?
Sever Hi Stenozar, You need to add the color zones yourself , just go to Add Color Zone To set ...
Nicolas change the last line with: return v coloured(r,g,b) style(line,2), v+band coloured(168,168,1...
Paolo.B Thanks ... works as i wanted.
Kanamax Bonjour Nicolas, comme Paolo.B je souhaiterais utiliser cette indicateur au sein d'un code. ...
zilliq Thanks @Nicolas. I tried to use it as Trend in a proorder system, but don't know why, it doe...
Suzu Yuk He is right. MT and mavgMT are not defined and causing errors.....
Maxime Baudin Super travail !
Yanic c'est top j'adore
Maxime Baudin Merci l'ami, passe une bonne semaine
IV Mcm Merci de même ;)
Zigo Zou je graag helpen, maar mijn computer is in onderhoud. Einde deze week, kan ik hopelijk te...
Zigo @ DimKar Midline = (stlong + stshort)/2 Return stLong coloured(0,255,0) as"StopLong", M...
DimKar Dear Zigo thank you very much for your answer !!!
Seabiscuit Hi! I like this indicator a lot, been using it on a 30 min timeframe and usually confirms my...
Ramahu Bonjour et merci pour cet indicateur ! je l'observe sur les actions du Nasdaq et la plupart ...