dah wrote: Mon Sep 02, 2019 3:59 am I came across an interesting Ichimoku indicator from Prorealcode.

Description from the author:


There's a lot more to that prorealcode version but I was wondering if there's a simple version "Kumo Line" that only measures distance between Span A and Span B clouds with a setting for a look back period.

By simply looking at the "Kumo Line" we can determine if the volatility is there for a breakout.

Thanks