Extended Ichimoku Kinko Hyo MT5
The indicator is an extended version of the standard Ichimoku Kinko Hyo indicator. This indicator combines several approaches to market analysis and is used to determine the trend, support and resistance lines, as well as buy or sell signals.
For all lines added the ability to smooth values (26 types). In addition, the ability to select the calculation prices used in the algorithm (16 options) has been added, which allows you to calculate the indicator values, for example, at Heiken Ashi prices.
Available smoothing types: Simple Moving Average, Exponential Moving Average, Smoothed Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average (or EPMA, Linear Regression Line), Wilder Exponential Moving Average, Hull Moving Average, Zero-Lag Exponential Moving Average, Double Exponential Moving Average, T3 (original version), Instantaneous Trendline by J.Ehlers, Moving Median, Geometric Mean, Regularized EMA, Integral of Linear Regression Slope, Combination of LSMA and ILRS, Triangular Moving Average, Volume Weighted Moving Average, Smoothing by Mark Jurik, Simplified SMA, Arnaud Legoux Moving Average, Triple Exponential Moving Average, T3 (correct version), Laguerre filter by J.Ehlers.
- Tenkan/Kijun/Senkou - line calculation period (standard parameter)
- High/Low price - maximum/minimum types of prices used in the calculation
- Close price - values of bar closing prices
- Tenkan/Kijun/Senkou/SpanB line smoothing period/method - period/method of smoothing the Tenkan line