Nifty Futures Ichimoku Update

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Ichimoku Indicator turned to buy for all the timeframes

Nifty Futures 5 min Chart

Nifty Futures 15 min Chart

Nifty Futures Hourly Chart

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Rajandran R

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1 comment… add one

  • Ankush March 26, 2010 at 7:48 am edit

    Please provide the afl code for Ichimoku. I have following correct me it it is wrong..

    Title = "{{NAME}} - {{INTERVAL}} {{DATE}} - Ichimokku -11: {{VALUES}}";
    // Optimizer can be used to find optimum periods for SL and TL

    SL_Prd = Optimize( "No_of_Days for SL", 22, 18, 24, 1 );
    TL_Prd = Optimize( "No_of_Days for TL", 7, 5, 11, 1 );

    SL = ( HHV( H, SL_Prd) + LLV( L, SL_Prd) )/2;
    TL = ( HHV( H, TL_Prd) + LLV( L, TL_Prd) )/2;

    Span1 = Ref( ( SL + TL )/2, -SL_Prd );
    Span2 = Ref( (HHV( H, 2*SL_Prd) + LLV(L, 2*SL_Prd))/2, -SL_Prd);

    MaxGraph = 6;
    GraphXSpace = 15; /* create empty space of 15% top and bottom of chart */

    Plot(SL,"SL",colorBlue,styleThick); // standard, base, or kijun-sen line
    Plot(TL,"TL",colorRed,styleThick); // turning, conversion, or tenkan-sen line

    Plot(Close,"Close",colorLightGrey,styleLine,styleThick); // price close

    Buy = Cover = Short = Cross(C, TL);
    Sell = Cross(TL, C) ;
    Equity(1,0);

    IIf( (Buy),PlotShapes(shapeUpArrow*Buy,colorBlue),0);
    IIf( (Sell),PlotShapes(shapeDownArrow*Sell,colorRed),0);

    Plot( Volume, _DEFAULT_NAME(), ParamColor("Color", colorBlueGrey ), ParamStyle( "Style", styleHistogram | styleOwnScale | styleThick, maskHistogram ), 2 );

    _SECTION_END();

    Reply

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