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Ichimoku for Multicharts
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Ichimoku for Multicharts

  #1 (permalink)
Elite Member
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Ichimoku for Multicharts

Hi,

does there exist the Ichimoku indicator for Multicharts? I've tried to look for it without success. Any help highly appreciated.

Rani

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  #2 (permalink)
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rani View Post
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

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  #3 (permalink)
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Mike,

Thanks, I've found this as well on the Net. However I am unable to make it work...

Rani

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  #4 (permalink)
 Vendor: www.multicharts.com 
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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
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  #5 (permalink)
Trading Apprentice
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I think this might be helpful


MultiCharts View Post
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?

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  #6 (permalink)
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I wrote one and posted it here:

https://futures.io/elite-circle/11130-want-your-easylanguage-indicator-created-free.html#post127981

This thread is becoming quite active and you can post requests and people answer (well mostly Jura).

Cheers,

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  #7 (permalink)
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Big Mike View Post
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?

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  #8 (permalink)
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gonzofist View Post
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.

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  #9 (permalink)
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Chikou - PA

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 .

Attached Thumbnails
Ichimoku for Multicharts-untitled.jpg   Ichimoku for Multicharts-untitled2.jpg  
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  #10 (permalink)
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Posts: 3 since Jun 2011
Thanks: 21 given, 23 received


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)

Attached Thumbnails
Ichimoku for Multicharts-ichimoku-kinko-hyo.png  

Last edited by Ykarius; November 1st, 2011 at 12:48 PM.
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