Ichimoku Kinko Hyo - how can I see diferent timeframes on the same chart!

Created at 13 Feb 2017, 10:01
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RockTh3Riv3r

Joined 13.02.2017

Ichimoku Kinko Hyo - how can I see diferent timeframes on the same chart!
13 Feb 2017, 10:01


HELLO THERE,

I want to see on the same chart two Ichimoku Kinko Hyo indicators

first one is showing information that based on for example daily timeframe, and the second shows informatian that based on actual timeframe (for example 4 hour)! How can I do this?!

Example:

I am looking on 4 hour timeframe chart and I add two Ichimoku Kinko Hyo indicators -

1) Is showing indicator on 4 hour timeframe based

2) is showing indicator on daily timeframe based

and thats on ONE chart!

How can I do this?! THATS VERY IMPORTANT!!


@RockTh3Riv3r
Replies

RockTh3Riv3r
13 Feb 2017, 10:04

Forgot - I use cTrader


@RockTh3Riv3r

Marin0ss
17 Mar 2017, 14:03

Quite easy:

Open 4 hour chart; add Ichimoku Indicator.

Than add a second Ichimoku Indicator but change the parameters:

I assume you will be using standard settings for the 4 hour chart: Tenkan Sen = 9, Kijun Sen = 26, Senkou Span B = 52.

Daily chart consists of 6 four hour bars:

So to display the Ichimoku indicator with the values from the Daily chart add a second indicator with settings:

Tenkan Sen = 9 * 6 (54)

Kijun Sen = 26 * 6 (156)

Senkou Span B = 52 * 6 (312)

 

Good Luck!


@Marin0ss