Thinkorswim Scan Ichimoku 17

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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

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:

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17 thoughts on “Thinkorswim Scan Ichimoku”

  • Reply ↓
    Marcelo

    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

    • Reply ↓
      Pete Hahn Post author

      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.

  • Reply ↓
    David Labate

    The written instructions show the scan going in the study.
    Are there instructions importing it into the scanning field?
    Thanks

    • Reply ↓
      Pete Hahn Post author

      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.

  • Reply ↓
    David Labate

    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

    • Reply ↓
      Pete Hahn Post author

      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?

  • Reply ↓
    Warren Black

    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.

      • Steve

        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.

      • Pete Hahn Post author

        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;