Re: "Ichimoku" indicator

[Keith Dennis <Keith.Dennis@xxxxxxx>]

Mr. Jiro Kato:

The web site looks very nice and informative for forex traders.

It looks to me like #3 and #4 below have the same formula and would plot the
same line.  It looks like from the description of #3 and #4 that you want 
them to produce an upper and lower band of some kind.  Is one correct and
one incorrect?

Thanks,
Keith

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1 base_upper:(red)
   (HHV(HIGH , 9) + LLV(LOW , 9)) /2;
2 base_bottom:(red, break line)
  (HHV(HIGH , 26) + LLV(LOW , 26)) /2;
3 futurespan_upper:(darkgreen)
  Ref(((HHV(HIGH ,52 )/2+LLV(LOW, 52)/2)),-26);
4 futurespan_bottom:(darkgreen, break line)
  Ref(((HHV(HIGH ,52 )/2+LLV(LOW, 52)/2)),-26);
5 previous_span:(magenta)
  Ref(CLOSE , 26) ;

You can compare this indicator with a genuine "ichimoku" chart on the
web, for example,
http://plaza4.mbn.or.jp/~skoike/top_eng.htm

Questions again:-
1 You will see on the web plotting for some 26 future days is needed,
  but I don't know how to do it with MetaStock.
2 Another thing I want to do is to draw lines between futurespan_upper
  point to futurespan_bottom point. How can I do it by MetaStock?

Remark:- 
  Next target will be "three legs chart", another popular chart for
Japanese.

Regards,
Jiro Kato (paruparo:tk.usen-net.or.jp)