Trade Station Strategies

Simple and Effective Strategies

18 IchiMoku Kinko Hyo

Ichimoku Kinko Hyo Technical Indicator is predefined to characterize the market Trend, Support and Resistance Levels, and to generate signals of buying and selling. This indicator works best at weekly and daily charts.When defining the dimension of parameters, four time intervals of different length are used. The values of individual lines composing this indicator are based on these intervals. realised I had a typo in the ELD. for those who downloaded it, the error is as follows.
instead of:
SenKouNi = ((Highest(High, SanBan) + Lowest(Low, SanBan))/2)[SanBan] ;

it should be:
SenKouNi = ((Highest(High, SanBan) + Lowest(Low, SanBan))/2)[NiBan] ;