Hi Guys,
I want to use the Ichimoku signals on a daily timeframe and colour code the bars on an hourly chart (for example) based on a condition on the daily.
I have tried pretty much the same thing using a common MA and works a treat but using Ichimoku components, no such luck.
I simplified it down to the Tenkan and Kijun lines (their order in particular) on the Daily timeframe using code for custom scripting of bars as follows:
TS=ICHIMOKUCLOUD(Day(PERIODAMOUNT=1)).TenkanLine;
KS=ICHIMOKUCLOUD(Day(PERIODAMOUNT=1)).KijunLine;
TS <= KS
However, this isn’t working when looking at lower timeframes, in particular, EURJPY 60 mins.
The exact same thing using MA’s works a treat across timesframes
CLOSE(Day(PERIODAMOUNT=1))<MA(Day(PERIODAMOUNT=1), BARS=6, CALC=Close)
I’m using the Beta version of Optuma now and I’ve read previous Ichimoku posts that say Ichimoku is “difficult” due to it’s future projections etc .
Has anyone had similar experiences or know if the above code is incorrect?
I can manually create the cloud via my own scripting, rather than use, the Ichimoku prebuilt Optuma functions but would highly prefer not to have to do that!
Cheers