Thursday, January 1, 2009

Price AFL - Ichimoku Chart

_SECTION_BEGIN("Ichimoku Chart");
//------------------------------------------------------------------------------
//
// Formula Name: Ichimoku Chart
// Author/Uploader: Prakash Shenoi
// E-mail:
// Date/Time Added: 2006-08-11 12:30:12
// Origin: Adapted from Ken Muranaka's formula and article
// Keywords: Trend Following System
// Level: medium
// Flags: system,indicator
// Formula URL: http://www.amibroker.com/library/formula.php?id=677
// Details URL: http://www.amibroker.com/library/detail.php?id=677
//
//------------------------------------------------------------------------------
//
// Ichimoku Chart is a trend following system similar to Moving averages. Time
// spans of 9, 26 and 52 are used. According to Ken Muranaka, Ichimoku charts
// depicts market timing, resistance/support,and possibly false break outs,
// all in one chart, in one panoramic view. For more details, check this link:
// http://www.forex-books.com/articles/techan/ichimoku.pdf
//
//------------------------------------------------------------------------------

/* ICHIMOKU CHART */

/* AFL code by Prakash Shenoi */

SL=(HHV(H,26)+LLV(L,26))/2;
TL=(HHV(H,9)+LLV(L,9))/2;
DL=Ref(C,25);
Sp1=Ref((SL+TL)/2,-25);
Sp2=Ref((HHV(H,52)+LLV(L,52))/2,-25);
MaxGraph=6;
Graph0=C;
Graph0Style=styleCandle;
Graph0Color=2;
Graph1=SL;
Graph1Color=3;
Graph2=TL;
Graph2Color=4;
Graph3=DL;
Graph3Color=32;
Graph4=Sp1;
Graph4Color=5;
Graph5=Sp2;
Graph5Color=6;
Graph1Style=Graph2Style= styleLine | styleThick;
Graph3Style=Graph4Style= styleLine | styleThick;
Graph5Style=styleLine | styleThick;
Title=Name ()+ " Ichimoku Chart " + WriteVal ( Graph0,format=1.2);
_SECTION_END();



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