Ichimoku scan |
Post Reply |
Author | |
dave1939
Newbie Joined: 25 Nov 2017 Location: Canberra Posts: 4 |
Post Options
Quote Reply
Topic: Ichimoku scan Posted: 06 Mar 2018 at 8:16pm |
anyone tried to code for a scan by Ichimoku? a strong buy signal is when the Tenkan Sen crosses from below the Kijun Sen above the Cloud (Kumo). The Kijun span being (highest high + lowest low) / 2 for the past 26 periods, unlike an EMA, can go flat for a period and thus shows support or resistance.
Dave |
|
maximo
BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232 |
Post Options Quote Reply Posted: 06 Mar 2018 at 9:44pm |
Here's the indicator:
{ name: Tenkan Sen & Kijun Sen } [Description="The Tenkan Sen and Kijun Sen are components of the Ichimoku Kinko Hyo Indicator."] [target=price] n1:= input("Tenkan Sen 'turning line'",9); n2:= input("Kijun Sen 'standard line'",26); [color=red] TS:=(HHV(H,n1) + LLV(L,n1)) / 2; TS; [color=blue] KS:=(HHV(H,n2) + LLV(L,n2)) / 2; KS; Edited by maximo - 07 Mar 2018 at 3:52am |
|
maximo
BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232 |
Post Options Quote Reply Posted: 06 Mar 2018 at 10:03pm |
The scan:
In Bullscan Manager select the 'new scan' icon. Name the scan Ichimoku or something similar. Right Click on the scan name you just created and then left click and select edit. Select 'New' to enter the following scan requirements. Tenkan Sen & Kijun Sen (9, 26) crosses above Tenkan Sen & Kijun Sen (9, 26) Result #2. Close is greater than Tenkan Sen & Kijun Sen (9, 26) Result #1. Today 6/03/2018 three came up in the scan. BIN RMD TNE Edited by maximo - 06 Mar 2018 at 10:10pm |
|
SayaPolo
Newbie Joined: 19 Nov 2018 Location: Sydney Posts: 10 |
Post Options Quote Reply Posted: 02 Dec 2018 at 6:10pm |
Hi Maximo, thanks for the TK corssover scan. Can you can assist in creating scan for the Kumo Cloud break out (above or below) in BullChart? Observations shows that these break outs are great short term winners.
Thanks.
|
|
maximo
BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232 |
Post Options Quote Reply Posted: 02 Dec 2018 at 8:41pm |
[Description="The Kumo (Cloud) are components of the Ichimoku Indicator"]
[target=price] TS:=(HHV(H,9) + LLV(L,9)) / 2; KS:=(HHV(H,26) + LLV(L,26)) / 2; SpanA:= hist((TS+KS)/2 ,26); SpanB:= hist((HHV(H,52) + LLV(L,52)) / 2 ,26); [name=Span Fill; linestyle=fill; color=blue] SpanA; SpanB; |
|
SayaPolo
Newbie Joined: 19 Nov 2018 Location: Sydney Posts: 10 |
Post Options Quote Reply Posted: 03 Dec 2018 at 5:37am |
Hi Maximo,
Thanks so much for the prompt reply. I will now try to develop a trading plan with this scan. Cheers.
|
|
dave1939
Newbie Joined: 25 Nov 2017 Location: Canberra Posts: 4 |
Post Options Quote Reply Posted: 05 Sep 2020 at 8:13pm |
a simpler strategy is buy when price crosses above the Base Line and sell when price < Baseline or Lagging span close below Price. This was demonstrated on a recent Sydney ATAA webinar. I haven't coded it yet but it shouldn't be difficult. Dave
|
|
Post Reply |
Forum Jump | Forum Permissions You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum |