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Correct Ichimoku chart for Amibroker (AFL)

kv_maligi almost 14 years ago Amibroker (AFL)

  • Rating:
    5 / 5 (Votes 4)
  • Tags:
    amibroker, ichimoku

Hellow, I have come across this code, which seems to be correct AFL for ichimoku. Many many Thanks for author

Can anybody compare with with other trading plotform & confirm whether this is correct one or not?

Amibroker also has this code, but that is not correct.

thanks
viswanath

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Indicator / Formula

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P1 = Param("Conversion Period", 9, 2, 200, 1, 0);
C1 = ParamColor("Conversion Color", colorBlue);
CL = (HHV(H,P1)+LLV(L,P1))/2;

P2 = Param("Base Period", 26, 2, 200, 1, 0);
C2 = ParamColor("Base Color", colorRed);
BL = (HHV(H,P2)+LLV(L,P2))/2;

C3 = ParamColor("Leading A Color", colorBrightGreen);
LSA = (CL+BL)/2;

P4 = Param("Leading B Span", 52, 2, 200, 1, 0);
C4 = ParamColor("Leading B Color", colorPink);
LSB = (HHV(H,P4)+LLV(L,P4))/2;

P3 = Param("Leading Span Displacement", 26, 2, 200, 1, 0);

P5 = Param("Lagging Displacement", -26, 2, 200, 1, 0);
C5 = ParamColor("Lagging Color", colorGreen);

Plot(CL,"Tenkan-sen (Conversion Line)", C1, styleLine);
Plot(BL, "Kijun-sen (Base Line)", C2, styleLine);
Plot(LSA, "Senkou Span A (Leading Span A)", C3, styleLine, 0, 0, P3);
Plot(LSB, "Senkou Span B (Leading Span B)", C4, styleLine, 0, 0, P3);
Plot(C, "Chikou Span (Lagging Span)", C5, styleLine, 0, 0, P5);
PlotOHLC (LSA,LSA,LSB,LSB,"Cloud",IIf(LSA>LSB,ColorBlend(C3, colorWhite, 0.6),
	ColorBlend(C4,colorWhite, 0.4)),styleCloud, 0, 0, P3);

5 comments

2. kv_maligi
almost 14 years ago

Hi Ravi,

I am using latest AMI version, no error.
Plz tell me whta is the error?

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4. shariful
almost 14 years ago

thanks for ichimoku my favorite one..brief description at the top of chart is very very helpful for quick view during busy trading hours…

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