Thinkorswim Scan Ichimoku 85

This entry was posted in Thinkorswim Scan Tutorials

Custom Scan Based on Ichimoku

Thinkorswim Scan Ichimoku

Thinkorswim Scan Ichimoku

Free custom code linked below. Based on the Ichimoku study, this code will let you scan for Cloud Breakouts as well as Trend Continuation signals. The signals are crafted to mirror the techniques taught by Hubert Senters (videos linked below). It will scan for longs or shorts. Each scan signal has two versions. One captures the raw signal and the second adds a filter using the Chikou (Lagging Line) to confirm the bullish or bearish direction. This provides a total of 8 different signals you can use for scans.

Here is a link to the custom code for running the scans in Thinkorswim:

Scan_IchimokuSTUDY.ts

Here is the link to video instruction by Hubert Senters:

Ichimoku Trading Strategies For Finding Better Trades by Hubert Senters

Lean More:

Would you like to learn how to master the custom scan tools on Thinkorswim?

Click here: Thinkorswim Scans Beginner to Advanced

Learn how to build custom scans without writing any code: Thinkorswim Condition Wizard

DISCLAIMER: I AM NOT A CERTIFIED FINANCIAL ADVISOR AND NOTHING IN THIS VIDEO OR TEXT IS AN ADVERTISEMENT OR RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT. NOR IS THIS VIDEO OR TEXT INTENDED TO INSTRUCT YOU ON HOW TO MAKE BUY OR SELL DECISIONS USING ANY OF THESE INDICATORS.

*Thinkorswim is a chart analysis platform offered by TD Ameritrade: www.tdameritrade.com

TD Ameritrade provides financial services including the trading of Stocks, Futures, Options and Forex.

Please be sure to share this page with your friends and colleagues. Leaving comments below is the best way to help make the content of this site even better.

Watch the video, Thinkorswim Scan Ichimoku below:

About Pete Hahn

For those trying to contact me about our professional services you will find all those details here: https://www.hahn-tech.com/about/ Any questions not related to our professional services or premium indicators should be directed to the comment section of the applicable video or you may post a question in our Q&A Forum: https://www.hahn-tech.com/thinkorswim-forum-topics/
__ Support our free content by making a purchase below. Thanks! __

Questions? Comments? Post a review?

85 thoughts on “Thinkorswim Scan Ichimoku”

  • Reply ↓
    Chad David Bowles

    thanks definately some awsome material, but i think line 73 signal bearish confirmation has stopped working

    • Reply ↓
      Pete Hahn Post author

      Thanks for the feedback. I just check the signal at line 73 and it is working just fine. I Found signals on AAPL and AMZN over the period of the last year. This pattern is pretty rare so I would not expect it to find valid signals every day. Just add this scan to your chart and plot is as a lower study and you can see where each of the signals appear on historical section of the charts.

  • Reply ↓
    Brian Thomas

    Hi Pete, I wanted to let you know that I really enjoyed your Ichimoku training today. I have been studying Ichimoku for the past 2 months and wanted to see what you had to say.

    I ran the scan with the “plot scan = signalBreakAboveCloud and signalBullishConfirmation;” uncommented, which displayed 17 stocks to look at. I charted the ‘FNGR’ stock which rose +82% today and was presented with the most dramatic view of the ‘BreakAboveCloud’ with ‘BullishConfirmation’ I have ever seen. I wish I could attach the screen shot for you but it doesn’t look like this window can do that – Anyway, this scan has presented me with trading opportunities that I wouldn’t have known how to look for prior to tonight. Awesome Job!

    Thanks So Much

    Regards

    Brian Thomas

  • Reply ↓
    John Bellavich

    Not getting the lagging line binary signal in the sub-chart information box. Double checked that I selected a correct plot scan within Scan_Ichimoku in thinkscript editor “w/confirmation”. For example, looking at ALK (Alaska Air), daily chart with clear examples of: plot scan = signalBreakBelowCloud and signalBearishConfirmation;
    however, I get only a “blue 1” in the sub-chart information box while expecting to see both the blue and red 1s. Not a big problem, but I am curious. Thank you.

    • Reply ↓
      Pete Hahn Post author

      If you have only enabled one scan signal, as you described. Then you would only expect to see a single blue line on the lower subgraph. The way the scan is configured. You can only display one scan signal at a time. You cannot display more than one.

  • Reply ↓
    lenny

    Hi, I can’t download the code on my Mac. I’m not sure why but it also won’t display a preview. Is there anywhere else I can get the code? thanks

      • Lenny

        Thank you very much Pete. I found it not to long after typing the question by reading the further comments, and got it uploaded to TOS. I have a lot to learn when it comes to setting up and using TOS as I just downloaded the app yesterday. By the way, your videos are top notch, Im going through a few of them now on youtube and will be back when I have a better understanding of how to actually use all of the features as I know the power of the Ichimoku and have been manually scanning using this strategy with great results. Now I can’t wait to be able to implement the use of a scanner to help streamline the process and capitalize on trades I would normally miss, but later saw they fit all my criteria before nice breakouts or legs down. Also I love that you have a donation option…Im sending a donation now and I doubt it will be the last. Once I get to the level of understanding where I don’t have to ask simple, easily found questions ill be back to pick your brain and hopefully unlock the power of a few of these scanners. Thanks again!

      • Pete Hahn Post author

        I’m glad you were able to get it working by viewing other comments on this page. I appreciate your voluntary contribution. We do not call that a “donation” because Hahn-Tech, LLC is a for-profit company. Consider the Voluntary Contribution similar to a tip jar at your local coffee shop. Thanks for taking the time to express your feedback about the content we provide on our website.

    • Reply ↓
      John Bellavich

      WoW, missed that. Plain as day when it is pointed out. I need to study your videos closer. Thank you so much for your patience and willingness to share.

  • Reply ↓
    Jim

    First of all, this is awesome. May I ask, how do I set up the scan for the “lagging line” crossing below the cloud or above the cloud and nothing else? Thank you

  • Reply ↓
    Roses O

    Hello Pete, Thanks for all your work.
    Please, is it possible to use the scan as a watchlist quote item and have background color to indicate which stocks have the triggers? I tried it, it shows “1” when there is a trigger, which is great but a way to stand out may help especially looking through old watchlist. This will be similar to what you have for ADX scans. Any help will be greatly appreciate.

  • Reply ↓
    Michael l Camper

    I’m having trouble downloading the code and converting in cloudconvert. Any help would be much appreciated.