• If this is your first visit, you will have to register before you can post. To view messages, please scroll below and select the forum that you would like to visits. Questions? Be sure to check out the Forum FAQ.

Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Ichimoku Kinko Yuo

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    #61
    Look in post #29 of the below linked thread for the solution to this problem.

    http://www.ninjatrader.com/support/f...light=ichimoku

    Comment


      #62
      Re-posting this from another thread in case anyone is using the indicator linked in post #29:

      The calculations of the indicator you linked have an error in them I believe.

      The correct calculation for Tenkan Sen is (Highest High + Lowest Low) / 2 for the last 9 (default) bars.

      The calculation the indicator is using is:

      TenkanSen.Set((MAX(Fast)[0] + MIN(Fast)[0])* 0.5);


      which translates to (Highest Close + Lowest Close) / 2 which of course is not the same thing.

      The correct calculation for Tenkan Sen is:

      TenkanSen.Set((MAX(High, Fast)[0] + MIN(Low, Fast)[0])* 0.5);


      The Kijun Sen calculation and Senkou Span B have the same error but are both also easily fixed.

      Comment

      Latest Posts

      Collapse

      Topics Statistics Last Post
      Started by horace chow, Today, 04:00 PM
      3 responses
      12 views
      0 likes
      Last Post bltdavid  
      Started by PrimoItch, Today, 04:35 PM
      0 responses
      6 views
      0 likes
      Last Post PrimoItch  
      Started by Serge A, Today, 04:03 PM
      0 responses
      9 views
      0 likes
      Last Post Serge A
      by Serge A
       
      Started by JBTrader2005, Today, 03:57 PM
      0 responses
      6 views
      0 likes
      Last Post JBTrader2005  
      Started by Austiner87, Yesterday, 09:29 PM
      1 response
      18 views
      0 likes
      Last Post NinjaTrader_Kate  
      Working...
      X