Indicators: Alternative Ichimoku

 

Alternative Ichimoku:

The indicator Alternative Ichimoku was developed as an alternative to the famous indicator Ichimoku Kinko Hyo. For a more precise forecast, it is better to use on one timeframe both indicators - Ichimoku Kinko Hyo and Alternative Ichimoku.

Author: Victor Lukashuck

 
What does the ssp and ssk represent?
 

If this is able to be an EA, is it possible for me to Purchase it from you?

Please contact me...

Lojackd@aol.com

 
lojack:

If this is able to be an EA, is it possible for me to Purchase it from you?

Please contact me...

Lojackd@aol.com

Hi,


I am also interested on this one, did you get it? Interested getting coder for this one?

Let me know!

jverho@yahoo.com

 

Sutki variable is not written in english, could you describe what it is in english.

 sutki = "ñóòêè";
   if(Period() == 1440) 
     {
       sutki = "íåäåëþ";
       day_bars = 5;
     }  // äåíü
   if(Period() == 10080)
     {
       sutki = "ìåñÿö";
       day_bars = 4;
     }  // íåäåëÿ
   if(Period() == 43200)
     {
       sutki = "ãîä"; 
       day_bars = 12;
     }  // ìåñÿö

 

Hi EMoney,

Using Google translate with the Russian alphabet here are the words:


sutki = "day";
   if(Period() == 1440) 
     {
       sutki = "week";
       day_bars = 5;
     }  // day
   if(Period() == 10080)
     {
       sutki = "month";
       day_bars = 4;
     }  // week
   if(Period() == 43200)
     {
       sutki = "year"; 
       day_bars = 12;
     }  // month

define the daily range of the day // line max line min. day.


Now, my turn to ask a question :-)

How do you calculate the Stop-Loss and Take-Profit with the numbers written in the upper left. I mean what are the operations?

Thanks.

 

Hi,

This is one of the best indicator I've seen in a while. It is possible to have a version for mql5???

That'll be amazing.

Thanks anyway :)

 

Hi 

I didn't understand how this indicator works and provides signals. I downloaded the latest version and tried on GBPUSD with the above settings but couldn't make good out of it.

Can you explain how this works?

Thanks in advance.

 
Hello! Another vote to make a version for MT5! The regular Ichimoku indicator available by default on MT5 is bad, it doesn't have the "Displacement" option!
Reason: