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Post From: Ichimoku cloud indicator

[2018-03-01 10:33:25] Link To Thread - Link To Post [Go To First Post]
JoseyWales - Posts: 67
There is no single Ichimoku indicator in Sierra Chart. Ichimoku Kinko Hyo can be represented from its individual indicators by adding each of them to your chart. The Indicators are: ~Senko Span A & B (This represents the Kumo Cloud) ~Kijun-Sen ~Tenkan-Sen ~Chikou Span Instead of manually adding each indicator to your chart every time, I made a Study Collection long ago that simplifies this and colors the Kumo cloud semi-transparent red and green instead of just solid green. Add the attached study collection to your Sierra Chart data folder, and go to the Menubar->Analysis->Ichimoku Kinko Hyo+ to add the Ichimoku system to any chart you wish. Also note that Senko Span A & B is displaced 26 bars into the future so be sure to scroll enough bars into the future and enable Chart->Lock Fill Space. The extra indicator in the study collection titled "Senko Span A & B Highlight" is unnecessary but I found that it makes the Kumo cloud stand out better. Once you apply the study collection to a fresh chart you can change the colors and line draw styles as you wish. When your done you can use the Save Studies As Study Collection, Save All button to overwrite the original with your own settings. If you're curious as to why I used a Simple moving average length of 1 displaced 26 bars in the past for the Chikou-Span, its because the default Chikou-Span indicator draws all the way to the current bar when looking at the past therefore showing future price movement which is misleading. But I assure you they are the same. Date Time Of Last Edit: 2018-03-01 10:55:15


Ichimoku Kinko Hyo+.StdyCollct - Attached On 2018-03-01 10:31:20 UTC - Size: 46.61 KB - 1085 views