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Michaelc1507
Posted : Saturday, April 29, 2017 3:12:58 PM
Gold Customer Gold Customer

Joined: 12/3/2006
Posts: 276

Bruce, I was reading thru some of your work on the cloud and didn't realize you could plot it on V7.  All I'm interested in are the upper and lower bands of the cloud - 9/26 default settings - can you do this?

 

Thanks - Mike

Bruce_L
Posted : Monday, May 01, 2017 10:32:26 AM


Worden Trainer

Joined: 10/7/2004
Posts: 64,152

Well the Ichimoku Cloud isn't one of the built in indicators in TC2000 v7 and there is no way to plot some of its components in TC2000 v7 (it is built into TC2000 v17).

You can plot the Conversion (Tenkan-Sen):

Conversion (Tenkan-Sen):

(MAXH9 + MINL9) / 2

Base Line (Kijun-Sen):

(MAXH26 + MINL26) / 2

You can plot the following up to the current bar, but cannot plot the future cloud.

Leading Span A (Senkou Span A):

(MAXH9.26 + MINL9.26 + MAXH26.26 + MINL26.26) / 4

Leading Span B (Senkou Span B):

(MAXH52.26 + MINL52.26) / 2

Lagging Span cannot be plotted at all.

All of the above would be used as the Formula in a Custom Indicator in TC2000 v7 with Plot using Price Scale checked.



-Bruce
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Michaelc1507
Posted : Tuesday, May 02, 2017 9:48:27 AM
Gold Customer Gold Customer

Joined: 12/3/2006
Posts: 276

Thanks Bruce - amazing what you math guys can do!!

 

Mike

Bruce_L
Posted : Tuesday, May 02, 2017 9:52:44 AM


Worden Trainer

Joined: 10/7/2004
Posts: 64,152

You're welcome.



-Bruce
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