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Hi Lionel:
Thank you for your E-mail of February 2.
Regarding "ichimoku indicator formular", I checked the usage of HHV(HIGH,
#no) function and found that this function(and LLV(LOW, #no)) calculates
argument plus one of number of quotes. That is, for example HHV(HIGH, #)
should count in ichimoku 26 quotes, and this should be HHV(HIGH, 25).
And plotting to 26 days ago means when one counts 26 quotes, that is,
25 days ago. Accordingly, I concluded that "ichimoku indicator" should
be read as follows:-
1 base_upper:(red)
(HHV(HIGH , 8) + LLV(LOW , 8)) /2;
2 base_bottom:(red, break line)
(HHV(HIGH , 25) + LLV(LOW , 25)) /2;
3 futurespan_upper:(darkgreen)
Ref(((HHV(HIGH ,5 )/2+LLV(LOW,5)/2)/2+(HHV(HIGH ,25 )/2+LLV(LOW,25)/2)/2),-25);
4 futurespan_bottom:(darkgreen, break line)
Ref(((HHV(HIGH ,51 )/2+LLV(LOW, 51)/2)),-25);
5 previous_span:(magenta)
Ref(CLOSE , 25) ;
I am trying to prepare an explanation of the ichimoku diagram in English
but before that I want an adequate software to display a real "ichimoku"
using a variety of colors for explanation. I am now trying to transport
>from a DOS program I wrote long time ago to Windows95. I am trying with
Borland C++ Builder but is there anyone who wrote a source for a "chandle
chart" using BCB so that I could add some lines to the source? I think a
simple ASCII format data is enough for this purpose.
Regards,
Jiro Kato
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