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Re: Ichimoku Indicators for MT4

Kijun-sen + Envelope

coder: Phylo
released date: June 12, 2013
The Kijun Sen traditional default period of 26 is optimized for the daily timeframe. Lower timeframes require appropriate parameter adjustments.
For lower timeframes the Kijun Sen period can to be increased to 34, 52, 78, 100 etc., and Envelope deviation lowered.
HR1 & HR2 periods fair better than lower in long run. See GBPUSD, GBPAUD, EURAUD - view HR2 chart history for assessment - test Kijun Sen 50, 100 etc., or use multiple Kijun Sen.
Inputs and Parameters:

Kijun_Sen_Period - 26;
Envelope_Deviation - 4000;
Envelope_Upper_Label_Color - LimeGreen;
Kijun_Sen_Label_Color - DodgerBlue;
Envelope_Lower_Label_Color - Red;
Text_Size - 12;
Make_Text_Bold - true;
Move_Text_Right - 25;
Show_Top_Envelope_Band - true;
Show_Kijun_Sen - true;
Show_Bottom_Envelope_Band - true;
Show_Labels - true;
Kijun-Sen + Envelopes - rev1.mq4
(4.57 KiB) Downloaded 74 times
Kijun-Sen Envelope.png

Re: Ichimoku Indicators for MT4

andrei-1 wrote:
Sat Oct 23, 2021 4:33 pm
It remains to bite him with turtles.
The turtles are going to bite your bum Andrei :lmao:

Banzai wrote:
Sat Oct 23, 2021 1:41 am

with alerts and AHTF. AHTF = Automatic Higher Time Frame
If you're in M5 charts, it will display M15 indicators automatically.
I love the AHTF MTF update you've done to this code, Banzai. Even without the MTF on, how good does it look on the 1 hour charts! 👌

You rock brother.
Ichimoku Kijun Sen with AHTF MTF indicator MT4.png
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