Ichimoku Cloud Strategy — Pine Script & ThinkScript

Ichimoku Cloud Strategy — 2 Script Files Included

From the AutoTrader Learn series · Includes: Pine Script v5 (TradingView) + ThinkScript (thinkorswim)

The Ichimoku Cloud (Ichimoku Kinko Hyo) is a complete, all-in-one trading system developed by Japanese journalist Goichi Hosoda. Unlike single-line indicators, it delivers trend direction, momentum, dynamic support/resistance, and forward price projections — all in a single view.

Your purchase includes 2 ready-to-use script files:

File 1 — Pine Script v5 for TradingView

• All five Ichimoku components: Tenkan-sen, Kijun-sen, Senkou Span A & B, and Chikou Span
• Long entry fires only when all four bullish confluences align simultaneously: price above the cloud · Tenkan above Kijun · cloud ahead is green · Chikou above historical price
• Configurable stop-loss at Span B and take-profit at next resistance
• Runs in the TradingView Strategy Tester — backtest on any symbol and timeframe instantly
• Adjustable periods: Tenkan (9), Kijun (26), Senkou B (52)

How to use: Open TradingView → Pine Editor → Paste → Add to chart → Strategy Tester

File 2 — ThinkScript for thinkorswim

• Plots all five Ichimoku components with correct cloud shading: bullish green / bearish red
• Long and short strategy signals when all four Ichimoku conditions align
• Configurable periods: Tenkan-sen (9), Kijun-sen (26), Senkou Span B (52)
• Compatible with thinkorswim's Strategy tab for back-testing
• Compatible with the Scan tab to find live setups across any watchlist

How to use: Open thinkorswim → Studies → Edit Studies → Create → Paste → Apply to chart

Suitable for crypto, forex, equities, and commodities on any timeframe from 1H upward.