OPEN-SOURCE SCRIPT
Updated Hosoda Cycles (24x7 mkt) {fmz}

This script allows you to see on the chart which are the bars, including future ones, which correspond to the cycles of Goichi Hosoda, the inventor of Ichimoku Kinko Hyo.
This script is only suitable for 24x7 markets, it is not suitable for markets with closing times and weekends, or gap markets where trading is not active. In fact, the calculation of calendar times is used, not suitable for markets with closing times.
Use the settings to indicate what the start time of bar 1. The indicator will produce many vertical bars, even in addition to the end time of the graph.
This script is only suitable for 24x7 markets, it is not suitable for markets with closing times and weekends, or gap markets where trading is not active. In fact, the calculation of calendar times is used, not suitable for markets with closing times.
Use the settings to indicate what the start time of bar 1. The indicator will produce many vertical bars, even in addition to the end time of the graph.
Release Notes
Allows coloringRelease Notes
Error publishing prevoius update, restoring scriptOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.