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Ichimoku for Multicharts
Updated April 28, 2016
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Ichimoku for Multicharts
July 1st, 2011, 02:43 PM
Prague, Czech Republic
Experience: Advanced
Platform: AgenaTrader, Track'nTrade
Broker: DeCarley/OEC, IBKR, IQFeed
Trading: futures, options
Posts: 180 since Sep 2010
Thanks Given: 66
Thanks Received: 84
Hi,
does there exist the Ichimoku indicator for Multicharts ? I've tried to look for it without success. Any help highly appreciated.
Rani
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
July 9th, 2011, 12:42 AM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,465 since Jun 2009
Thanks Given: 33,242
Thanks Received: 101,665
rani
Hi,
does there exist the
Ichimoku indicator for
Multicharts ? I've tried to look for it without success. Any help highly appreciated.
Rani
You might try this. I am not the author but found it on Google.
Name: Ichimoku - Lines
Type: Indicator
Code
Inputs: Standard (26), Turning (9), DelayColor (Yellow), ShowDelayLine (False);
Variables: StdLine (0), TurnLine (0), DelayLine (0);
StdLine = (Highest (High, Standard) + Lowest (Low, Standard)) / 2;
TurnLine = (Highest (High, Turning) + Lowest (Low, Turning)) / 2;
Close DelayLine = [Standard];
Plot1 (StdLine, "Standard");
Plot2 (TurnLine, "Turning");
If Close> Then DelayLine
SetPlotcolor (2, Blue)
Else
SetPlotColor (2, DelayColor);
Then if ShowDelayLine
Plot3 [Standard] (Close, "Delayed");
Chart style:
Weight PlotName Style
Standard Line thinnest
Turning Line thinnest
Delayed Line thinnest
Chart color:
PlotName Color
Standard Red
Turning Blue
Delayed Magenta
Scaling : Same as symbol.
The second indicator Preceding draw the span lines or clouds. This indicator IS named Ichimoku - Cloud. The indicator Basically Draws Two cyan (bright blue) lines That Represent the cloud. Please note That Before Applying this indicator to a chart, you must set the "space to the right" setting for the chart (in the chart format dialog) Greater Than or Equal to the value of the "standard" input (26 Is The default value).
Here Is The EasyLanguage Used to create the Ichimoku - Cloud indicator. The properties for the indicator Presented are the after the EasyLanguage.
Name: Ichimoku - Cloud
Type: Indicator
Code
Inputs: Standard (26), Turning (9), Delayed (52);
Variables: StdLine (0), TurnLine (0), span1 (0), SPan2 (0);
StdLine = (Highest (High, Standard) + Lowest (Low, Standard)) / 2;
TurnLine = (Highest (High, Turning) + Lowest (Low, Turning)) / 2;
Span1 = (StdLine TurnLine +) / 2;
Span2 = (Highest (High, Delayed) + Lowest (Low, Delayed)) / 2;
Plot1 [-Standard] (span1, "span1");
Plot2 [-Standard] (Span2, "Span2");
Chart style:
Weight PlotName Style
Span1 Line Medium-thinnest
Span2 Line Medium-thinnest
Chart style:
PlotName Color
Span1 Cyan
Span2 Cyan
Scaling: Same as symbol.
Mike
July 11th, 2011, 02:40 PM
Prague, Czech Republic
Experience: Advanced
Platform: AgenaTrader, Track'nTrade
Broker: DeCarley/OEC, IBKR, IQFeed
Trading: futures, options
Posts: 180 since Sep 2010
Thanks Given: 66
Thanks Received: 84
Mike,
Thanks, I've found this as well on the Net. However I am unable to make it work...
Rani
July 12th, 2011, 06:43 AM
Columbus, Ohio, US
Experience: Intermediate
Platform: MultiCharts
Broker: Multiple/Multiple
Trading: ES, EUR/USD
Posts: 168 since Oct 2010
Thanks Given: 74
Thanks Received: 172
This is not an endorsement, but there seems to be a paid Ichimoku for TS/MC available here - Ichimoku for Tradestation - download free demo indicator
Can't comment on how it works, or any reviews - I just know it exists.
MultiCharts - Raising the Trading Standard.
Please send me a private message if you have any further questions about MultiCharts
July 12th, 2011, 11:58 AM
Tel Aviv
Posts: 1 since Jul 2011
Thanks Given: 1
Thanks Received: 1
MultiCharts
This is not an endorsement, but there seems to be a paid
Ichimoku for TS/MC available here -
Can't comment on how it works, or any reviews - I just know it exists.
I tried to download the free trial version for multicharts but currently there is only for TS,
I wrote an email to support of the website, and wow I got an answer within 5 minutes.
They said they will upload a trial for multicharts later on today, and that the payed version already supports multicharts.
I tried the free tradestation version - works great!
Has any one ever bought from this web site?
Any information about the quality?
I also found another interesting indicator on the website you recommended - Predictive RSI -
Any one knows how it works?
July 15th, 2011, 01:10 AM
Singapore
Experience: Beginner
Platform: Multicharts, R
Trading: EUR / USD
Posts: 185 since Feb 2010
Thanks Given: 106
Thanks Received: 99
I wrote one and posted it here:
This thread is becoming quite active and you can post requests and people answer (well mostly Jura).
Cheers,
October 2nd, 2011, 08:26 PM
PORTLAND, OR
Experience: None
Platform: NinjaTrader
Trading: Futures
Posts: 185 since Jul 2011
Thanks Given: 74
Thanks Received: 168
Big Mike
You might try this. I am not the author but found it on Google.
Name:
Ichimoku - Lines
Type: Indicator
Code
Inputs: Standard (26), Turning (9), DelayColor (Yellow), ShowDelayLine (False);
Variables: StdLine (0), TurnLine (0), DelayLine (0);
StdLine = (Highest (High, Standard) + Lowest (Low, Standard)) / 2;
TurnLine = (Highest (High, Turning) + Lowest (Low, Turning)) / 2;
Close DelayLine = [Standard];
Plot1 (StdLine, "Standard");
Plot2 (TurnLine, "Turning");
If Close> Then DelayLine
SetPlotcolor (2, Blue)
Else
SetPlotColor (2, DelayColor);
Then if ShowDelayLine
Plot3 [Standard] (Close, "Delayed");
Chart style:
Weight PlotName Style
Standard Line thinnest
Turning Line thinnest
Delayed Line thinnest
Chart color:
PlotName Color
Standard Red
Turning Blue
Delayed Magenta
Scaling : Same as symbol.
The second indicator Preceding draw the span lines or clouds. This indicator IS named Ichimoku - Cloud. The indicator Basically Draws Two cyan (bright blue) lines That Represent the cloud. Please note That Before Applying this indicator to a chart, you must set the "space to the right" setting for the chart (in the chart format dialog) Greater Than or Equal to the value of the "standard" input (26 Is The default value).
Here Is The
EasyLanguage Used to create the Ichimoku - Cloud indicator. The properties for the indicator Presented are the after the EasyLanguage.
Name: Ichimoku - Cloud
Type: Indicator
Code
Inputs: Standard (26), Turning (9), Delayed (52);
Variables: StdLine (0), TurnLine (0), span1 (0), SPan2 (0);
StdLine = (Highest (High, Standard) + Lowest (Low, Standard)) / 2;
TurnLine = (Highest (High, Turning) + Lowest (Low, Turning)) / 2;
Span1 = (StdLine TurnLine +) / 2;
Span2 = (Highest (High, Delayed) + Lowest (Low, Delayed)) / 2;
Plot1 [-Standard] (span1, "span1");
Plot2 [-Standard] (Span2, "Span2");
Chart style:
Weight PlotName Style
Span1 Line Medium-thinnest
Span2 Line Medium-thinnest
Chart style:
PlotName Color
Span1 Cyan
Span2 Cyan
Scaling: Same as symbol.
Mike
Is it possible to modify to shade the area between senkou span A & B?
October 2nd, 2011, 09:55 PM
Aurora, Il USA
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
Thanks Given: 3,295
Thanks Received: 3,364
gonzofist
Is it possible to modify to shade the area between senkou span A & B?
EasyLanguage cannot display true, continuous shading in a chart. Thats the way it is in TS and I suspect MC as well.
October 7th, 2011, 04:01 AM
PORTLAND, OR
Experience: None
Platform: NinjaTrader
Trading: Futures
Posts: 185 since Jul 2011
Thanks Given: 74
Thanks Received: 168
I decided to make my first indicator, very simple a histogram of the Chikou - Close (will soon be equilibrium price). My problem is that I want it to plot on chart 1 in the margins, I have chart set to a 10% margin bottom and indicator 90% top margin.
Code
INPUTS: STANDARD(26);
VARIABLES:DELAYPA(0);
DELAYPA = AbsValue(CLOSE - CLOSE[STANDARD]);
PLOT1[26](DELAYPA, "DELAYPA");
But it is behaving a bit strange, keeps re-plotting....
I have no idea what im doing, any help would be appreciated .
November 1st, 2011, 10:45 AM
Champagne, France
Experience: Advanced
Platform: Sierra Chart
Broker: Crossland/IQFeed-TT
Trading: DAX, YM, FESX
Posts: 3 since Jun 2011
Thanks Given: 21
Thanks Received: 26
Here my version.
You need to modify the SAC and SBC style in the format study (bar high and bar low)
I attached a screenshot .
Code
Input:Tenkan(9),Kijun(26) ,Chikou(26),SenkouA(26),SenkouB(52);
Var:TS(0),KS(0),CS(0),SA( 0),SB(0);
Value1 = Highest(H,Tenkan);
Value2 = Lowest(L,Tenkan);
TS = ( Value1 + Value2 ) /2;
Value3 = Highest ( H, Kijun);
Value4 = Lowest (L, Kijun);
KS = ( Value3 + Value4 ) / 2;
SA = ( TS + KS ) / 2;
Value5 = Highest( H , SenkouB);
Value6 = Lowest ( L , SenkouB);
SB = (Value5 + Value6) / 2;
Plot1(TS,"TS",red);
Plot2(KS,"KS",blue);
Plot3[Chikou](C,"CS",cyan);
Plot4[-SenkouA](SA,"SA");
Plot5[-SenkouB/2](SB,"SB");
Plot6[-SenkouA](SA,"SAC");
Plot7[-SenkouB/2](SB,"SBC");
if SA > SB then
begin
SetPlotColor[-SenkouA]( 6, darkgreen ) ;
SetPlotColor[-SenkouB/2]( 7, darkgreen ) ;
SetPlotColor[-SenkouA]( 4, darkgreen ) ;
SetPlotColor[-SenkouB/2]( 5, darkgreen ) ;
end
else
begin
SetPlotColor[-SenkouA]( 6, darkmagenta ) ;
SetPlotColor[-SenkouB/2]( 7, darkmagenta ) ;
SetPlotColor[-SenkouA]( 4, darkmagenta ) ;
SetPlotColor[-SenkouB/2]( 5, darkmagenta ) ;
end ;
Hope it helps.
PS: don't forget to modify the right margin in format windows (>26 bars)
Thanked by:
Alexlaxmikant , Big Mike , bnichols , ezra , fallout , Fu510n , Herve , jadeT , Jura , MultiCharts , rchu , Serger , sptrader , Stefcoo , TheTrend
Last Updated on April 28, 2016