Ichimoku Cloud Settings for Tradingview

 

 

I really enjoy using the ichimoku cloud which is also known as the ichimoku Kinko. It is a very powerful trading tool.

I will show you the ichimoku cloud crypto settings you need to use for tradingview. The crypto settings are a lot different than for the traditional ichimoku cloud used in the stock market.

 

Tradingview is a powerful tool with loads of indicators.  You can signup for a free account. I highly suggest that if you plan in investing larger sums of money in the crypto market.

Here is a beginners guide to tradingview

 

So without further ado, let’s begin with the crypto ichimoku cloud settings:

Tradingview Ichimoku Settings

Log in to tradingview with your account

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

 

Hope you enjoyed this post.

 

6 Responses

  1. hitara says:

    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.

    • xtarsy says:

      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

  2. autob says:

    Good evening. Thanks for this info! Excellent article.

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