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Q: I want to have Ichimoku chart. Formula as follows:
SL = ( HHV( H, 26 ) + LLV( L, 26) )/2;
TL = ( HHV( H, 9 ) + LLV( L, 9 ) )/2; DL = Ref( C, 25 ); Span1 = Ref( ( SL + TL )/2, -25 ); Span2 = Ref( (HHV( H, 52) + LLV(L, 52))/2, -25); MaxGraph = 6; Plot(SL,"SL",colorBlue,styleThick); // standard, base, or kijun-sen line Plot(TL,"TL",colorRed,styleThick); // turning, conversion, or tenkan-sen line Plot(DL,"DL",colorViolet,styleLine); // delayed, lagging, or chikou span Plot(Span1,"A",colorWhite,styleLine); // senkou span A, kumo, or white clouds Plot(Span2,"B",colorWhite,styleLine); // senkou span B, kumo, or white clouds Plot(Close,"Close",colorBlack,styleLine); // price close Would appreciate if you could let me know how to do it. A: Here is my implementation of your formulas using our Design Your Own study forms. Template: 1322-Ichimoku 
The solution used 2 DYOs. The first implemented the SL, TL, DL, and Span1 as labeled. The 2nd DYO implemented the Span2 formula, and that line is also labeled on the chart.
Since you can compare the implementation with the formulas, it should be fairly obvious what each of the DYO lines is accomplishing.
Template: 1322-Ichimoku Last modified 8/8/08 11:21 AM |