Ichimoku

Posted By: SFF

Ichimoku - 05/14/13 11:14

Hi,

I found that Zorro doesn't have this major indicator.
It will be great if you can add it as a standard indicator in Zorro.

Thanks in advance.
Posted By: jcl

Re: Ichimoku - 05/14/13 11:49

As far as I know, Ichimoku is no indicator. It's a buzzword meaning several LL and HH averages with fixed shifts and time periods, supposed to give some visual market info in their combination.

If you want to use an Ichimoku component for trade signals, just put it together from the corresponding HH and LL functions. F.i. Tenkan_sen = 0.5*(HH(9)+LL(9)); etc.
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