Ichimoku Cloud Settings for Tradingview

 

Getting started with my favorite indicator

I like to use the Ichimoku cloud, also known as Ichimoku kinko. It is a very powerful trading instrument. I report more about this strategy in my Ichimoku for Beginners Trading Guide.

Before you start learning how Ichimoku works, I’ll show you how to set everything up in this guide. Which Ichimoku cloud settings you need for the trading view. The crypto settings are very different from the traditional Ichimoku cloud used for stocks and options.

Crypto is 24/7 365/365 – in other words, we never sleep. So we have to take that into account in the settings, because crypto has a higher speed than traditional stocks.

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.

Here is a beginner’s guide to the trading view.

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

Trading view Ichimoku settings
Log in with your account in the trading view.

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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