Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Ichimoku Cloud Charts for Amibroker (AFL)
about 10 years ago
Amibroker (AFL)

5 / 5 (Votes 1)
amibroker, ichimoku

Simple AFL code for Ichimoku Cloud Charts are given here which plots only the Ichimoku cloud charts for any kind of timeframe. As usual Ichimoku performs a high role in high probability trading and this can be applied to any kind of time frame. The default parameter in this afl code is 3,13,16. And the cloud chart can be used as a trailing stop loss or your trades. If there is a upward breakout /downside breakdown then long/short positons need to be taken accordingly. Sample Nifty Weekly chart shown with 10 years of Ichimoku cloud chart. Check how it plays a major role in taking trend decisions. If you are a regular investor/trader in this market then you should keep eye on this fruitful strategy

This should be helpful for other members.


Similar Indicators / Formulas

Submitted by kdcorp over 8 years ago
Modified Ichimoku
Submitted by Kuncoro about 9 years ago
Correct Ichimoku chart
Submitted by kv_maligi over 7 years ago
Ichimoku with Buy & Sell
Submitted by hizari over 9 years ago
Ichimoku Complete Buy & Sell
Submitted by morgen about 10 years ago
Ichimoku TSL V3.0 - phi1.618
Submitted by phitrade1.618 about 7 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Ichimoku Cloud Charts");
GraphXSpace =1;
prds = Param("Standard Line Periods?", 13,5,26,1);
prds1 = Param("Turning Line Periods?", 3,3,10,1);
prds2 = Param("Delayed Line Periods?", 12,4,25,1);
prds3 = Param("Spans Periods?", 16,10,52,1);
TL = ( HHV( H, prds1) + LLV( L, prds1) )/2;
SL = ( HHV( H, prds) + LLV( L, prds) )/2;
DL = Ref( C, prds2);
Sp1 = Ref( ( SL + TL )/2, -prds2);
Sp2 = Ref( (HHV( H, prds3) + LLV(L, prds3))/2, -prds2);
SetChartOptions( 0, chartShowDates | chartShowArrows | chartLogarithmic | chartWrapTitle );
_N( Title = StrFormat( "{{NAME}} - " + SectorID( 1 ) + " - {{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", colorBlack, styleCandle | 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 ) ) );
PlotOHLC (Sp1,Sp1,Sp2,Sp2,"Cloud",IIf(Sp1>Sp2,ParamColor("Span1 Color", ColorRGB(0,255,0)),ParamColor("Span2 Color",ColorRGB(255,104,32))),styleCloud);


Leave Comment

Please login here to leave a comment.