Ichimoku Cloud Settings for Tradingview

 

Getting started with my favorite indicator

Start with registering a free tradingview account.

I like to use the Ichimoku cloud, also known as Ichimoku kinko. It is a very powerful trading instrument.

Recommended: Beginners Guide to Ichimoku Trading for Crypto 101

Since Crypto trading is 24/7 365/365 – is non-stop, we have to take that into account in the settings.

That is why the Ichimoku Settings for Crypto are double the traditional ichimoku settings.

Tradingview is a powerful free tool with many indicators. You can sign up for a free account here. For beginners the free account is enough. However, if you want advanced options and more notifications, you can also try the premium version for one month for free. 

The Crypto Ichimoku Settings for Tradingview

So let’s start with the Krypto-Ichimoku cloud settings straight away:

  • Log in with your account in the trading view.

Then Click on “Indicators”.

Search for Ichimoku cloud

These are my personalized settings, which have worked for me well. Since I only perform technical analysis on cryptocurrency pairs, I have adjusted the input variables to reflect a 24/7 market.

  • Conversion line 20
  • Base line periods 60
  • Lagging Span 2 periods 120
  • displacement 30

 

The following settings are only based on my preferences. This does not influence the calculations of the cloud.

Terminology English/Japanese

  • Conversion Line = Tenkan-sen
  • Base Line =  Kijun-sen
  • Lagging Span  = Chikou Span
  • Lead 1 = Sekkou Span A
  • Lead 2 = Sekkou Span B
  • Plots Background Color 0 = Bullish Cloud Blue
  • Plots Background Color 1 = Bearish Cloud red
  • Displacement = Chikou Span/ +SenkouSpan A

 

Wait! There is more…

Are you interested in learning more about the ichimoku trading strategy? Yes? Then this collection of posts is for you.

 

Have a great day!

 

Comments 7

  1. Pingback: Beginners Guide to Ichimoku Trading for Crypto 101 - cryptobulls.info

  2. thanks for your help .
    need more clarity what is conversion line ,base line ,lagging span and displacement, because with ichimoku they are named with japanese name.
    i do not know which one is base line or conversion line ,lagging span and displacement.

    1. Hi Hitara,
      thanks for pointing out that it wasn’t clear. I added the terminology between the both to make it easier to understand.

      Conversion Line = Tenkan-sen
      Base Line =  Kijun-sen
      Lagging Span  = Chikou Span
      Lead 1 = Sekkou Span A
      Lead 2 = Sekkou Span B
      Plots Background Color 0 = Bullish Cloud Blue
      Plots Background Color 1 = Bearish Cloud red
      Displacement = Chikou Span/ +SenkouSpan A
      Have a great day

  3. Pingback: Advanced Ichimoku Cloud Settings for Tradingview - cryptobulls.info

  4. Pingback: 4 Ichimoku Trading Rules - Bulls live in the North and Bears Live in the South - cryptobulls.info

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