Ichimoku Kinko Hyo Trading System
Utilizing the Amibroker data feed to implement the Ichimoku Kinko Hyo Trading System is pivotal for trend analysis. An Amibroker AFL designed around this system aids traders in comprehensively understanding market trends and making strategic trading choices aligned with this specialized approach.
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SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
if( ParamToggle("Tooltip shows", "All Values|Only Prices" ) )
{
ToolTip=StrFormat("Open: %g\nHigh: %g\nLow: %g\nClose: %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 )));
}
SL = ( HHV( H, 26 ) + LLV( L, 26) )/2;
TL = ( HHV( H, 9 ) + LLV( L, 9 ) )/2;
DL = Ref( C, 26 );
Span1 = (( SL + TL )/2);
Span2 = (HHV( H, 52) + LLV(L, 52))/2;
Plot(SL,"SL",2,styleThick); // standard, base, or kijun-sen line
Plot(TL,"TL",2,styleThick); // turning, conversion, or tenkan-sen line
Plot(DL,"",colorLightBlue,styleLine); // delayed, lagging, or chikou span
Plot(Span1,"",colorGreen,1,0,0,26); // senkou span A, kumo, or white clouds
Plot(Span2,"",colorSeaGreen,1,0,0,26); // senkou span B, kumo, or white clouds
PlotOHLC(Span1,Span2,Span1,Span2,"",IIf(Span1>Span2,8,9),styleCloud|4096,0,0,26);
Buy = Cross(TL,SL);
Sell = Cross(SL,TL);
shape=Buy*shapeUpArrow + Sell*shapeDownArrow;
PlotShapes(shape,IIf(Buy,colorDarkGreen,colorRed), 0,IIf(Buy,Low,High));
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