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OPEN-SOURCE SCRIPT

Log-space Ichimoku Cloud

By fskrypt
Updated
This indicator uses identical calculation to Ichimoku indicator except performed in log-space. This is helpful for long-term and highly volatile charts.
Release Notes
drop 1st candle for stability in the beginning
Release Notes
custom lowest/highest functions to make indicator usable from the beginning of the price history (may be less accurate during this time)
Release Notes
update chart
Release Notes
Allow user to specify how many candles to drop, also allow to turn off log scaling if needed
Release Notes
Bring back lagging span (got lost in the process)
Ichimoku CloudLOGlogscale

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.

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