Writing the Ichimoku indicator..

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  • 09/29/2017 at 4:15 PM #47834
    pieroim

    Ok, I’m new to prorealtime, I’m studing PRT programming from yesterday.. hovewer I have done this indicator from the classic ichimoku code here in the forum:

    T = 9 //Tenkan-Sen Period (9)
    I = 26 //Chikou-Span Period (26)
    K = 52 //Kijun-Sen Period (52)

    TS = (highest[T](high)+lowest[T](low))/2 //Tenkan-Sen
    KS = (highest[I](high)+lowest[I](low))/2 //Kijun-Sen
    CS = close[I] //Chikou-Span
    SA = (TS+KS)/2 //Senkou-Span A
    SB = (highest[K](high)+lowest[K](low))/2 //Senkou-Span B

    RETURN TS COLOURED(255, 0, 255) AS “Tenkan-Sen”, KS COLOURED(0, 0, 255) AS “Kijun-Sen”, CS COLOURED(127, 0, 0) AS “Chikou-Span”, SA COLOURED(0,255,255) AS “Senkou-Span A”, SB COLOURED(0,255,0) AS “Senkou-Span B”

    ————————————————–

    Attached is an image where you can see up the PRT ichimoku, and down the “new” one.

    You can see that there are some important problems:

    1. The kumo in the new one would be 26 candles forward..
    2. The Chikou-Span would be 26 candles back..  but.. I don’t know how can do this in PRT code..

    Can you help me?

    Thanks

    Piero

    09/29/2017 at 5:36 PM #47839
    pieroim

    Here the situation is more complicated 😀

    in the next picture you can see in top the CS (Chikou-Span) curve from my EA, in the middle the price candles with the standard ichimoku PRT indicator, at the bottom the ichimoku indicator like I see is often used here in the forum..

    As can you see.. three CS.. three different positions!! 😀 In this way the EA is a miracle if it can give good results..

     

     

     

    09/29/2017 at 5:44 PM #47841
    pieroim

    however from a logical point of view the CS curve and new ichimoku are coherent .. while the PRT one not..

     

    09/29/2017 at 6:04 PM #47843
    pieroim

    here the last one.. 4 carts! I add the MT4 ichimoku.. and the winner is… in the picture the answer! 🙂

    09/30/2017 at 11:25 AM #47864
    juanj

    @pieroim very interesting observation there! I trust after we manage to get this thing figured out, you will share your strategy with us to study and improve.


    @Nicolas    , could you please assist in helping us understand this discrepancy? As pieroim mentioned it is crucial to have accurate indicators.

    Starting to think this is a major contributing factor as to the reason why my automated Ichimoku strategies never perform as my manual trading of Ichimoku.

    09/30/2017 at 1:06 PM #47869
    pieroim

    Thank’s

    This we is of relax for me, but from monday at work! I think that the problem regards the 26 candles back and forth over the price. I think the biggest problem will be the Span A and B rather than CS. Yes for the strategy, we can work on It.

    09/30/2017 at 4:47 PM #47885
    Nicolas

    The Chikou is the actual Close (the one from the current period), but it is plotted 26 bars in the past, that’s all. It is not possible to draw a curve in the past, you can try with dots or any ASCII char, but that’s not so important since you only want to get the good values for your strategy.

    About the cloud, the problem is the same but in the opposite direction, with the projection in the future, even if you don’t see it, you can calculate it.

    Do you love Ichimoku? I do 😉

     

     

    09/30/2017 at 5:42 PM #47888
    juanj

    Thank you Nicolas for the code.

    CS = close[I] //Chikou-Span
    SA = (TS+KS)/2 //Senkou-Span A
    SB = (highest[K](high)+lowest[K](low))/2 //Senkou-Span B


    @pieroim     if you look at my Ichimoku Strategies I always look at three periods when validating conditions for Ichimoku.

    1. I look back 26 periods – i.e. did Chikou (close[0]) clear previous price action (CS) as well as SA[52] and SB[52] (because SA and SB is calculated 26 periods forward)
    2. I look at the current period – i.e. are we clear of SA[26] and SB[26] (because SA and SB is calculated 26 periods forward)
    3. And I look forward 26 periods – i.e. what is happening at the leading edge of SA and SB (SA > SB or SA < SB)

    Thus using the appropriate calculations in your conditions you are in fact using Ichimoku components at their correct positions.

    09/30/2017 at 5:55 PM #47891
    pieroim

    Thank’s Nicolas, what I want is that CS, SA and SB are in the esact position respect the price curve so I can work with them.

    Thank’s

    Piero

    09/30/2017 at 6:43 PM #47895
    Nicolas
    pieroim wrote:

    Thank’s Nicolas, what I want is that CS, SA and SB are in the esact position respect the price curve so I can work with them.

    That’s what the code is doing. The only difference is that SA and SB are not displayed in the future, which is impossible to do with the code.

    10/01/2017 at 9:32 AM #47905
    pieroim
    Nicolas wrote:
    pieroim wrote:

    Thank’s Nicolas, what I want is that CS, SA and SB are in the esact position respect the price curve so I can work with them.

    That’s what the code is doing. The only difference is that SA and SB are not displayed in the future, which is impossible to do with the code.

    So the correct code is:

    Thank’s Nicolas,
    to include the colored area between the span A e B at code level, or so that it automatically appears when I select this indicator how can I do?
    This is not really important as well as writing the code of this indicator, but I need of it to better understand how the PRT code works.
    Thank’s
    Piero

    10/01/2017 at 8:33 PM #47946
    Nicolas

    You cannot fill areas by code.
    You’ll have to add it yourself: https://www.prorealcode.com/blog/video-tutorials/add-color-zones-on-indicators-prorealtime/

    10/02/2017 at 9:02 AM #47968
    pieroim

    Ok, thank’s. The code works well now and the EA too.

    Thank’s again

    Piero

    10/02/2017 at 9:25 AM #47973
    juanj

    Have you come right in programmatically checking the pseudo higher timeframe?

    10/02/2017 at 9:49 AM #47975
    pieroim

    This is in my intentions the next step, I need to check how I can do it on prt and how effective is it. Now I am encoding the basis on which to develop the project. As soon as the first phase ends, I open a thread with the code inserted and continue there. Unfortunately this morning and tomorrow morning I’m out for commissions.

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