Custom Scan Based on 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:
Here is the link to video instruction by Hubert Senters:
Ichimoku Trading Strategies For Finding Better Trades by Hubert Senters
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.
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Watch the video, Thinkorswim Scan Ichimoku below:
Thanks, tried before, didn’t help
I use daily time frame and I’ll try your suggestion’
Thanks
That suggestion was only valid if using intraday time frames. Not Daily. If you are having issues you cannot resolve then post a request in our Q&A forum. Be sure to include a screenshot showing a scan result that is inaccurate.
I tried several times to install the cloud scanners with your instructions and videos and found that they just don’t work properly
Details? Are you using intraday time frames or daily? If intraday, did you go to your chart settings and turn off the setting “start aggregation at market open”? Would love to assist you but I need details.
I have the scan loaded and available on ToS but the Scan button stays inactive. Is there something I can do? Thank you.
“The scan button says inactive”. Sorry, never saw that before. Not sure what’s wrong.
hi pete, i am a big fan of the ichimoku cloud. i am very interested in using the scan but i am having trouble importing it into TOS. when i down loaded it, it did not have .ts on the end so i added it. when i hit import and go to down loads it does not pop up. can you please help me with this. thanks
From our FAQ’s. See if this helps: https://www.hahn-tech.com/ans/how-to-download-and-import-study-ts-files-into-thinkorswim/
Thank you for your quick response. I have followed the steps from faq. When i down load the scan it does not have .ts, is it ok to rename it with .ts. on tos enter edit studies, ckick import, go to downloads and it is not recognized. I type in the file name and get a error message. If you have any further suggestions it would ba appropriated.
Thanks
Try doing this without changing the file extension. Your computer may be set to not display the file extension. Which would mean the .ts is already there and by “adding” it you are breaking it.
Thank you. That was it
Hi Pete, When I click on SCAN_Ichimoku Study it just brings me to a video and not the code.
Its not a video. It is the study file. This post in our Q&A forum should clear things up: https://www.hahn-tech.com/ans/how-to-download-and-import-study-ts-files-into-thinkorswim/
Pete, tried it and followed instructions and watched videos and scan does not work for me.
thanks anyway
Ok
thanks a lot for the explanation, this is great. Would you add the code to plot where the close enter into the cloud?, Thanks in advance Marcelo
If you are requesting some modification to detect a different type of signal I encourage you to post a request in our Q&A forum. Be sure to provide a full chart screenshot showing the exact pattern you want the scan to detect.
The written instructions show the scan going in the study.
Are there instructions importing it into the scanning field?
Thanks
It’s all in the video. I just watched this one again to make sure. All you have to do is watch the video from start to finish and don’t skip over anything.
Pete thanks for all you do to help.
I am having a problem loading the scan. When it loads I only get the blue indicator line on the lower section and no cloud.and when I go to change the setting get scan under plots nothing else.
what am I doing wrong
This is not a chart study. This is a scan. You copy and paste the code from the indicator into a scan and use it to scan for signals. This was demonstrated in the video, yes?
Pete, Thank you so much for this. Your tutorial was great and the code works awesome. Ichimoku is my favorite study and I always wished there was a way I could scan for stocks specifically by stocks that have the turning line crossing the standard line. Is there anyway I could use the code to scan for turning/standard crosses above the cloud? Again, thank you for everything.
Is that not covered in the signal named trendContinuationLong and trendContinuationShort? Tenkan crossing the Kijun?
Hey Pete, I have watched the video twice and I could be wrong, but I think Warrens question is asking about the Turning crossing the Standard above the cloud. I believe this scan (trendContinuationLong) only covers if the Turning crosses the Standard and the Lagging is above the cloud. Therefore, there are occasions with this scan where the Turning crosses the Standard, but this cross may occur in or below the cloud.
Your videos are amazing by the way.
I just checked the code and both are supported. There are two scan plots for trend continuation. One that is plain and one that requires confirmation:
# use this scan plot to find bullish trend continuation signals without confirmation
#plot scan = trendContinuationLong;
# use this scan plot to find bullish trend continuation signals with confirmation
#plot scan = trendContinuationLong and signalBullishConfirmation;
Is there a way to get this study to scan for breakouts in the cloud on a 5min chart?
Ichimoku Cloud breaks, yes. That signal is included in the scan and demonstrated in the video. Did you watch the video?
I cant download the scan. It’s a video format that wont open for me. Anybody else having the same issues?
This error occurs only because you are trying to open the file. You can’t open it. You can only import it to Thinkorswim. Read all the details and step-by-step instructions here: https://www.hahn-tech.com/ans/how-to-download-and-import-study-ts-files-into-thinkorswim/
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