// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("Sun & Cloud_i"); // by boufalo 13-1-2011 // Sun & Cloud System based on idea of ICHIMOKU CHART /* Reading of the chart, 1.for long term investors, a.Bullish when you see the sun(Yellow zone) b.Bearish when you see the dark cloud(Black zone) c.Turning point from bullish to bearish:When red line break into the yellow zone. d.Turning point from bearish to bullish: When red line break through the dark cloud. 2.for short term trading, reading the changes between the white line and the red line */ Long2 =EMA( ( HHV( H, 20 ) + LLV( L, 20) )/2,20); Long1 =EMA( ( HHV( H, 5 ) + LLV( L, 5) )/2,10); K=(H+2*C+L)/4; Z= ( HHV( H, 3 ) + LLV( L, 3) )/2 ; SP=IIf(K>=Z*1.05,1.10*Z,IIf(K=Z,1.0*Z,IIf(Klong2,Long2,Long1); Plot(C,"Close",colorBlack,styleLine); SetChartBkGradientFill( ParamColor("Sky",ColorRGB( 128, 128, 255 )),ParamColor("Sky lower", colorGrey40),ParamColor("Text", colorLightGrey)); PlotOHLC( Long1 , Long1 , m, Long1 ," ", ParamColor("Left Side",ColorRGB( 213, 213, 0 )),styleCloud ); PlotOHLC( Long2 , Long2 , m, Long2 ," ", colorGrey40,styleCloud ); PlotOHLC( Long1 , Long1 , m, Long1 ," ", ParamColor("Land",ColorRGB( 115, 61, 54 )),styleArea ); Title=Name() + " { Sun & Cloud } : \n"+WriteIf(Long1>long2,"Rising Sun","Dark Cloud Cover"); GfxSelectSolidBrush(colorOrange); GfxCircle( 100, 85 , 28 ); GfxSelectSolidBrush(colorYellow); GfxSelectPen( colorRed ); GfxCircle( 100, 85 , 20 ); _SECTION_END();