Ichimoku Average

Here is a small indicator which reproduces the same interest as Ichimoku, simply, the components were replaced by mobile means.

The selected values refer to the fibonacci sequence.

You can modify the values as an external variable, to change the colours, you just have to modify the colour codes at the beginning of the code.

//
//=/===============/=//=/===============/=//=/ Paramettre de Coloration
//

//
//=/ Couleur Haussière
//

RxUP = 0
GxUP = 150
BxUP = 255

//
//=/ Couleur Baissière
//

RxDW = 102
GxDW = 102
BxDW = 102

//
//=/===============/=//=/===============/=//=/ Paramettre des Moyenne Mobile
//

M8 = average[MM1V,MM1T](customclose)
M21 = average[MM2V,MM2T](customclose)
M55 = average[MM3V,MM3T](customclose)

//
//=/===============/=//=/===============/=//=/ Paramettre Moyenne Rapide & Lente
//

//
//=/ Rapide (Tenkan)
//

if M8 > M8[1] then
 R8 = RxUP
 G8 = GxUP
 B8 = BxUP
elsif M8 < M8[1] then
 R8 = RxDW
 G8 = GxDW
 B8 = BxDW
endif

//
//=/ Lente (Kijun)
//

if M21 > M21[1] then
 R21 = RxUP
 G21 = GxUP
 B21 = BxUP
elsif M21 < M21[1] then
 R21 = RxDW
 G21 = GxDW
 B21 = BxDW
endif


//
//=/===============/=//=/===============/=//=/ Paramettre SSA & SSB
//

//
//=/ SSA
//

SSA = (M8+M21)/2
//=//
if SSA > SSA[1] then
 drawsegment(barindex+20,SSA[1],Barindex+21,SSA) coloured(RxUP,GxUP,BxUP,150)
elsif SSA < SSA[1] then
 drawsegment(barindex+20,SSA[1],Barindex+21,SSA) coloured(RxDW,GxDW,BxDW,150)
endif

//
//=/ SSB
//

SSB = M55
//=//
if SSB > SSB[1] then
 drawsegment(barindex+20,M55[1],Barindex+21,M55) coloured(RxUP,GxUP,BxUP,150)
elsif SSB < SSB[1] then
 drawsegment(barindex+20,M55[1],Barindex+21,M55) coloured(RxDW,GxDW,BxDW,150)
endif

//
//=/===============/=//=/===============/=//=/ Paramettre Nuage
//

//=/ MID
if SSA => SSB then
 R = RxUP
 G = GxUP
 B = BxUP
elsif SSA < SSB then
 R = RxDW
 G = GxDW
 B = BxDW
endif

drawtriangle(barindex+20,SSA[1],barindex+20,SSB[1],barindex+21,SSB) coloured(R,G,B,30) bordercolor(0,0,0,0)
drawtriangle(barindex+20,SSA[1],barindex+21,SSB,barindex+21,SSA) coloured(R,G,B,30) bordercolor(0,0,0,0)



return M8 coloured(R8,G8,B8) style (line,1) as "M1" , M21 coloured(R21,G21,B21) style (line,2) as "M2"

100

101

102

103

104

105

106

107

108

109

110

//=/===============/=//=/===============/=//=/ Paramettre de Coloration

//=/ Couleur Haussière

RxUP = 0

GxUP = 150

BxUP = 255

//=/ Couleur Baissière

RxDW = 102

GxDW = 102

BxDW = 102

//=/===============/=//=/===============/=//=/ Paramettre des Moyenne Mobile

M8 = average[MM1V,MM1T](customclose)

M21 = average[MM2V,MM2T](customclose)

M55 = average[MM3V,MM3T](customclose)

//=/===============/=//=/===============/=//=/ Paramettre Moyenne Rapide & Lente

//=/ Rapide (Tenkan)

if M8 > M8[1] then

R8 = RxUP

G8 = GxUP

B8 = BxUP

elsif M8 < M8[1] then

R8 = RxDW

G8 = GxDW

B8 = BxDW

endif

//=/ Lente (Kijun)

if M21 > M21[1] then

R21 = RxUP

G21 = GxUP

B21 = BxUP

elsif M21 < M21[1] then

R21 = RxDW

G21 = GxDW

B21 = BxDW

endif

//=/===============/=//=/===============/=//=/ Paramettre SSA & SSB

//=/ SSA

SSA = (M8+M21)/2

//=//

if SSA > SSA[1] then

drawsegment(barindex+20,SSA[1],Barindex+21,SSA) coloured(RxUP,GxUP,BxUP,150)

elsif SSA < SSA[1] then

drawsegment(barindex+20,SSA[1],Barindex+21,SSA) coloured(RxDW,GxDW,BxDW,150)

endif

//=/ SSB

SSB = M55

//=//

if SSB > SSB[1] then

drawsegment(barindex+20,M55[1],Barindex+21,M55) coloured(RxUP,GxUP,BxUP,150)

elsif SSB < SSB[1] then

drawsegment(barindex+20,M55[1],Barindex+21,M55) coloured(RxDW,GxDW,BxDW,150)

endif

//=/===============/=//=/===============/=//=/ Paramettre Nuage

//=/ MID

if SSA => SSB then

R = RxUP

G = GxUP

B = BxUP

elsif SSA < SSB then

R = RxDW

G = GxDW

B = BxDW

endif

drawtriangle(barindex+20,SSA[1],barindex+20,SSB[1],barindex+21,SSB) coloured(R,G,B,30) bordercolor(0,0,0,0)

drawtriangle(barindex+20,SSA[1],barindex+21,SSB,barindex+21,SSA) coloured(R,G,B,30) bordercolor(0,0,0,0)

return M8 coloured(R8,G8,B8) style (line,1) as "M1" , M21 coloured(R21,G21,B21) style (line,2) as "M2"

Average ichimoku trend following

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments :

Filename : download the ITF files

How to import ITF files into ProRealTime platform?

Find other exclusive trading pro-tools on

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

Eusebio Garcia Nuez tambien con que indicador se puede compaginar el ichimoku

Rafa El chivato es el propio SCREENER, aparece cuando las condiciones se cumplen. Y se pueden com...

finplus bonjour, il y a un problème à la fin du code avec elsif (close 0 then ... ne manque t il pas...

kj1988 Hello Nicolas, thank you for this useful indicator. Could you tell me how I can remove the...

Nicolas remove lines 101 to 103

GraHal Yes sorry, I set up a link to a screen shot on my google drive and then I got locked into th...

gabri Here's the thread https://www.prorealcode.com/topic/multiframe-rsi-of-rsi/

Bernard13 Bonjour Nicolas, Pourriez-vous m'indiquer si cet indicateur fonctionne avec la V11 ? Le di...

jens_kittner This strategy was posted 2 years ago. I tested it today and it works perfect with the new da...

giustim Hallo I am not able to use it on daily TF What have I to change? Thanks a lot

pac.ros Ciao Francesco, ti scrivo per un aiuto a proposito della strategia di Hofmann che anch'io ho...

nwesterhuijs Thanks, only saw it just now.

juanj For the latest version and discussions see the Ichimoku thread here: https://www.prorealcod...

Louwrens Hi Juanj. Thanks for this. I am tying it as we speak. It does not trade that often, which is...

Rafa Hay una actualización de esta estrategia. Si miras mis posts es más robusta el screener. Un ...

javier.puig.rovira@gmail.com Cruce te refieres a: Tenkan Sen, con Kijun Sen?

Rafa Hola Javier, Perdona pero no entiendo tu pregunta, no veo ninguna variable que sea solo "cru...

imokdesign Hi Everybody, when I look at the strategy I felt the need to implement a Moneymanagement-Sy...

Inertia newlevel then multiplier=multiplier+1 oldlevel=newlevel newlevel=strategyprofit+startequi...

Inertia Hi Bjoern, I was playing around with your code this morning (EUR/USD 5'). Thank you to the...

supertiti Thanks you so much Lucassen

dreif123 hi, copied the above code, not working on 10.3 the system says "return can only be used at ...

LUCASSEN Hallo , i have no problem , and i have the same versie 10.3, maybe you can ask Nicolas, tha...

verdi55 Is there such a thing as a free lunch ?

maceng Thanks Nicolas for this great work! I would like to understand the math behind it in order t...

Nicolas Sorry I have no time to provide assistance for python programmers. Have a good day.

Maz Hi all, firstly happy to know that this is helping you. I look into updating it for PRT11 wh...

Nicolas just use 3 times a linear regression channel code you will find in the library.

leederbyshire Here's the link to alternative linear regression channel indicator Nicolas is referring to t...

Iber0 Asi quedaria con el spread de IG [IMG]http://i65.tinypic.com/2418ism.jpg[/IMG]

bjoern Seems to work nice on BUND - M15 with SL 70 and TP 120

hvluthy@sunrise.ch I tried to backtest this code but don't get any restults. Can any body help me?

gabri Great job!! I love everything that involve Ichimoku. Did you think about changing the line t...

Rohan Thanx gabri. Yes I did play around with the offset. It works but I like the "earlier" warnin...

Dom Dominics Hi, Is this code can be used for MT4 ?

gabri Ichimoku is one of the best trend indicator ever together with the Guppy EMA's. I agree with...

primo1 thanks

traderkarnik Rohan, Have you tried encorporating momentum indicator? if waiting for future cross in your...

pascal3431 Salut Doc , Je ne vois pas ce qui fait office de stop dans ce code .. un retour dans le nua...

Doctrading Bonjour, Il s'agit juste d'une stratégie où on est toujours en position : soit à l'achat / ...

pascal3431 Bonjour, après quelques essais sur EUR/USD au M15 en rajoutant(car sinon on est en perte) u...

Doctrading Nice Job ! Here is my version of the code : KBO = 0 Tenkansen = (highest[9](high)+lowe...

gefinance Thanks for this code. The only thing left missing is the time lapse, otherwise, lots of old...

Nicolas Thanks for contributing to the "ichimoku section" of the prorealtime code library Don't he...

sourberry Thank you , this is a great indicator works beautifully. Could you kindly modify to scr...

pp_playaflamenca Excuse me,... reading your code about spanB: [ SenkouSpanBFutureW = (Highest[SenkouSpanPerio...

Mansoor What does COI stand for?

MikeGC Hi Mansoor, COI is the abbreviation for the Coppock indicator.

nonetheless Anyone interested in this strategy please see forum topic: https://www.prorealcode.com/topic...

Dymjohn Thanks for the comment grizzly, I like the look of your position sizing coding but won't use...

Elsborgtrading Hi John, and nice to see you took the Ichimoku a step further:-) One thing though, I think t...

swede_trader It doesn't generate anything for me. And I can't debug it, any tips?

Share this

Likes