I am starting this thread to work on FXX Trader's Ichimoku indicator because in the other thread it gets difficult to locate and check on earlier posts.
This is the outline that was given by FXX Trader
1. I have to state that the I am using 3 Ichis one with def setting 9/26/52, the second one 27,78,156 and the third one with 54,156 and 312. The clouds settings are very much there on the charts, but are kept invisible ( I used color code .... NONE ) to keep it invisible.
2. Higher or lower than which price ?
The alert should be triggered when there is a break out of price on the 9,26,52 Kumo Cloud. When this happens, the
indy should check if the chickou-spans for the other two higher ichis are also above or below their respective clouds
( even though not kept visisble on the charts.)
So ideally, a buy trigger alert should happen, when the last closed candle bar has closed above the cloud, the
tenken-sen crosses the kijun-sen from below ( and above the cloud) for ( 9/26/52 setting) and the chickou-spans
for 78 chickou ( in case of 27/78/156 ) and 156 chickou ( in case of 54/156/312) are also above the kumo cloud and
current price for their respective ichis .
So ideally, a sell trigger alert should happen, when the last closed candle bar has closed below the cloud, the
tenken-sen crosses the kijun-sen from above ( and below the cloud) for ( 9/26/52 setting) and the chickou-spans
for 78 chickou ( in case of 27/78/156 ) and 156 chickou ( in case of 54/156/312) are also below the kumo cloud and
current price for their respective ichis.
3. Alert trigger should be only after the last candle bar has closed and above conditions are met.
The point is ideally the point where a buy alert should be triggered, after the close of that bar after the tenken-sen
has crossed the kijun-sen for def ichi setting of ( 9/26/52) Similarly sell alert for reverse.
To make my point clearer to you, the following points on the charts are explained in detail. ( I hope I have clarified
all points and not missed out on any point.)
Point A in figure : Cross of Tenken above Kijun from below ( above cloud )
Point B in figure : Kijun of def setting 26 above price and above kumo cloud of its ichi settings.
Point C in figure : Kijun 78 of setting of 27/78/156 above its own kumo cloud and above current price candle
bar ( 78 periods ago).
Point D in figure : Kijun 156 of setting of 54/156/312 above its own kumo cloud and above current price candle
bar ( 156 periods ago).
The problem here is that the reference to the chart doesn't make it any clearer
in the body of the text you refer to the chikou spans, but when referring to the chart in B,C,D, you refer to the kijun
Which one is it?
This is the outline that was given by FXX Trader
1. I have to state that the I am using 3 Ichis one with def setting 9/26/52, the second one 27,78,156 and the third one with 54,156 and 312. The clouds settings are very much there on the charts, but are kept invisible ( I used color code .... NONE ) to keep it invisible.
2. Higher or lower than which price ?
The alert should be triggered when there is a break out of price on the 9,26,52 Kumo Cloud. When this happens, the
indy should check if the chickou-spans for the other two higher ichis are also above or below their respective clouds
( even though not kept visisble on the charts.)
So ideally, a buy trigger alert should happen, when the last closed candle bar has closed above the cloud, the
tenken-sen crosses the kijun-sen from below ( and above the cloud) for ( 9/26/52 setting) and the chickou-spans
for 78 chickou ( in case of 27/78/156 ) and 156 chickou ( in case of 54/156/312) are also above the kumo cloud and
current price for their respective ichis .
So ideally, a sell trigger alert should happen, when the last closed candle bar has closed below the cloud, the
tenken-sen crosses the kijun-sen from above ( and below the cloud) for ( 9/26/52 setting) and the chickou-spans
for 78 chickou ( in case of 27/78/156 ) and 156 chickou ( in case of 54/156/312) are also below the kumo cloud and
current price for their respective ichis.
3. Alert trigger should be only after the last candle bar has closed and above conditions are met.
The point is ideally the point where a buy alert should be triggered, after the close of that bar after the tenken-sen
has crossed the kijun-sen for def ichi setting of ( 9/26/52) Similarly sell alert for reverse.
To make my point clearer to you, the following points on the charts are explained in detail. ( I hope I have clarified
all points and not missed out on any point.)
Point A in figure : Cross of Tenken above Kijun from below ( above cloud )
Point B in figure : Kijun of def setting 26 above price and above kumo cloud of its ichi settings.
Point C in figure : Kijun 78 of setting of 27/78/156 above its own kumo cloud and above current price candle
bar ( 78 periods ago).
Point D in figure : Kijun 156 of setting of 54/156/312 above its own kumo cloud and above current price candle
bar ( 156 periods ago).
The problem here is that the reference to the chart doesn't make it any clearer
in the body of the text you refer to the chikou spans, but when referring to the chart in B,C,D, you refer to the kijun
Which one is it?
Please Do Not PM Me With Coding Enquiries
