Category Other  Published on 04/12/2013

mTF Cloud Component Radar

Description

This is a more enhanced version of my previous "mTF Ichimoku Radar" as it shows the position of the Ichimoku components with respect to the Kumo, the KijunSen and the Past Price over different timeframes (user can select up to 8).

Note: Changing  IsOverlay from false to true the indicator displays directly onto the chart, thus saving some screen real estate.

6th line in the code: [Indicator(IsOverlay = false, TimeZone = TimeZones.UTC)]

 

Some useful info about the Ichimoku Kinko Hyo System: 

http://en.wikipedia.org/wiki/Ichimoku_Kink%C5%8D_Hy%C5%8D

http://www.kumotrader.com/ichimoku_wiki/index.php?title=Ichimoku_trading_strategies


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GE
gedet

Joined on 20.08.2013

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: mTF Cloud Component Radar.algo
  • Rating: 0
  • Installs: 3649
  • Modified: 13/10/2021 09:54
Comments
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JS
JS15 · 9 years ago

Hi Awesome indicator.

How did you write the color shading between the two lines in C Algo.

I wanted to do that with Bollinger Bands ie. Color shade between the upper and lower bands.

Cheers

WI
wifirex · 10 years ago

ah its the cTrader built-in version that shows the components on the chart :D thanks man

GE
gedet · 10 years ago

@wifirex this indicator does not actually display the Ichimoku components its rather based on the built in indicator in order to show the position of the Ichimoku components for various timeframes. Every ichimoku indicator I have encountered on the cAlgo platform, including the built in ichimoku indicator, lets you chose the appearance of the components. 

WI
wifirex · 10 years ago

Is there a way to just have the Kumo, Kijun & Tenkensen lines on the chart? It would be cool if we could change the colours of the lines too :D

GE
gedet · 10 years ago

I have not  figured this one out yet, that's why I chose to display the indicator below the chart. Ideally I would like to allow the user to chose at which corner to display the indicator...