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.

    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 ZenCortexHurry, Today, 01:07 PM
      0 responses
      1 view
      0 likes
      Last Post ZenCortexHurry  
      Started by ZenCortexHurry, Today, 01:04 PM
      0 responses
      0 views
      0 likes
      Last Post ZenCortexHurry  
      Started by f.saeidi, Today, 12:14 PM
      3 responses
      9 views
      0 likes
      Last Post NinjaTrader_Gaby  
      Started by Russ Moreland, Today, 12:54 PM
      1 response
      3 views
      0 likes
      Last Post NinjaTrader_Erick  
      Started by philmg, Today, 12:55 PM
      1 response
      4 views
      0 likes
      Last Post NinjaTrader_ChristopherJ  
      Working...
      X