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fairdinkum  
#1 Posted : Wednesday, October 13, 2010 10:11:14 PM(UTC)
fairdinkum

Rank: Newbie

Groups: Registered, Registered Users
Joined: 10/14/2010(UTC)
Posts: 2

Hello All

I am new to this community and am trying to find a code for the ichimoku tool. I was wondering if some one out there knows what the code is. I am thinking of filtering some stocks using the tool. For example if the price is above the kumo cloud etc.

fairdinkum
henry1224  
#2 Posted : Thursday, October 14, 2010 12:40:08 PM(UTC)
henry1224

Rank: Advanced Member

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Joined: 10/29/2004(UTC)
Posts: 1,394
Location: Glastonbury, CT

Was thanked: 2 time(s) in 2 post(s)
Using the Kumo Cloud for trading checkout this chart

UserPostedImage

the code for the Kumo Cloud is

Per1:= Input("Tenkan Length 1",1,1000,9);
Per2:= Input("Kijun Length 2",1,1000,26);
Per3:= Input("Senkou B Length 3",1,1000,52);
Per4:= Input("Shift Length ",1,1000,25);
ST:=(HHV(H,Per2)+LLV(L,Per2))/2;
TL:=(HHV(H,Per1)+LLV(L,Per1))/2;
DL:=Ref(C,Per4);
1Span:=Ref((ST+TL)/2,-Per4);
2Span:=Ref((HHV(H,Per3)+LLV(L,Per3))/2,-Per4);
KumoCloud:=If(C>Max(1span,2Span),1,If(C<Min(1span,2span),-1,0));
KumoCloud;

this will plot a +1 when the close is above the cloud and -1 when the close is below the cloud

trading this in the long only format returns around 16.7%

trading this in the short only format returns around -44.28%
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