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Re: Ichimoku Indicators for MT4

Zelias, Tue Dec 04, 2018 3:34 am

mrtools wrote: Wed Jul 11, 2018 3:28 am

Don't think i posted it here but it was made by Mladen at TSD very cool how simple he made it.

Mladen about the indicator:::

Here is a version that can do that (set the shifted display parameter to true)
PS: for those wondering - there is no repainting if positive chnkou shift value is used (since only past and present price are compared - no future values - and no cause for repainting - involved in those cases)

PPS: occasional blank places are when the past and the present price are exactly the same
Hi MrTools and Mladen,

I would like to request an indicator similar to the attached, if possible.

The indicator will be based on the Kumo Clouds (instead of Chikou Span) and will have the option to be shifted to the left i.e. 26 periods as default (instead of to the right). This way we'll get the Kumo Cloud colour for the projected value below the current candle, instead of having to look to the right.

Ideally, the Bar Histogram will have 5 (or 6) colours, as follows:
1) Positive Cloud AND Current price Close "above" the Cloud (the Clouds being the ones in the future, i.e. 26 candles by default)
2) Negative Cloud AND Current price Close "below" the Cloud (the Clouds being the ones in the future, i.e. 26 candles by default)
3) Positive Cloud AND Current price Close "inside" the Cloud (the Clouds being the ones in the future, i.e. 26 candles by default)
4) Negative Cloud AND Current price Close "inside" the Cloud (the Clouds being the ones in the future, i.e. 26 candles by default)

5) One colour for the following 2 conditions:
- Positive Cloud AND Current price Close "below" the Cloud (the Clouds being the ones in the future, i.e. 26 candles by default)
-Negative Cloud AND Current price Close "above" the Cloud (the Clouds being the ones in the future, i.e. 26 candles by default)

There should be no repainting as this is just shifting the kumo and comparing it to current price.

Would that be possible to do, please? Thanks and hope I've made my request clear - happy to elaborate ofc :)
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