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OPEN-SOURCE SCRIPT

Kijun-Price Distance

By ramsay09
Updated
This script shows optional:

- distance between close price and Kijun-Sen

- distance btween Tenkan-Sen and Kijun-Sen

- Background color of current time frame

- Background color of the next higher time frame
Release Notes
minor improvements
Release Notes
MTF Price-Kijun distance histogram for 4H, D, W and M added
Release Notes
Screenshot issue.
Release Notes
Screenshot issue.
Release Notes
Some code improvements.
Release Notes
Bug removed on Tenkan - Kijun distance plot
Release Notes
Kijun-dist X tenkan-kijun-dist signal added.
Release Notes
Kijun-dist X Tenkan-dist signal added.
Release Notes
Screenshot issue.
Release Notes
Tooltips added and minor changes.
Release Notes
Code updated.
Release Notes
Script converted to Pine v5.
background-colordistancekijun-sentenkan-senTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

ramsay09

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.