Trying to understand the relevance of the values linked to ichimoku, I tried several experiments that I transmit as a cloud or a colored line

By applying the highest and lowest 9, I observed that it could indicate small corrections or small range before their appearance, this is explained by the effect of over-purchase or overselling, you can then see a small cloud stuck to the kijun when this “elastic” effect appears,

By applying the highest and lowest 26, I observed that it could indicate strong corrections or large range before their appearance, this is explained by the effect of overbought or oversold :), you can then see an orange cloud appearing.

Also on the image, you can see the Kijun becoming Orange, this coloration appears when the Kijun and the Tenkan are glued and horizontal, the movements that follow are often uncertain…

When the Kijun turns Red, the Kijun and the Real SSB are glued and horizontal, the movements that follow are very erratic!

The main picture shows this information quite clearly.

I know we have our favorite colors!
That’s why at the beginning of the code, you have a panel that allows you to modify the color codes with information to know which code corresponds to which color .

Update link and discussions: https://www.prorealcode.com/topic/discution-et-maj-indicateur-kinko-yo/

//
//=/===============/=//=/===============/=//=/ Paramettre de Base
//


defparam calculateonlastbars = 2000

//
//=/===============/=//=/===============/=//=/ Paramettre des couleurs
//

//
//=/ = = Tenkan
//

//=/ Tenkan Hausse
UPxT1 = 0
UPxT2 = 150
UPxT3 = 255
UPxT4 = 200

//=/ Tenkan Baisse
DWxT1 = 102
DWxT2 = 102
DWxT3 = 102
DWxT4 = 200

//=/ Tenkan Anormalité
ANxT1 = 255
ANxT2 = 102
ANxT3 = 0
ANxT4 = 250

//
//=/ = = Kijun
//

//=/ Kijun Hausse
UPxK1 = 0
UPxK2 = 150
UPxK3 = 255
UPxK4 = 200

//=/ Kijun Baisse
DWxK1 = 102
DWxK2 = 102
DWxK3 = 102
DWxK4 = 200

//=/ Kijun Anormalité Type 1
A1xK1 = 255
A1xK2 = 102
A1xK3 = 0
A1xK4 = 250

//=/ Kijun Anormalité Type 2
A2xK1 = 204
A2xK2 = 0
A2xK3 = 0
A2xK4 = 250

//
//=/ = = Excès Tenkan
//

//=/ Excès Haussier
EHxT1 = 0
EHxT2 = 150
EHxT3 = 255
EHxT4 = 30

//=/ Excès Baissier
EBxT1 = 102
EBxT2 = 102
EBxT3 = 102
EBxT4 = 30

//
//=/ = = Excès Kijun
//

EKxT1 = 255
EKxT2 = 102
EKxT3 = 0
EKxT4 = 30

//
//=/===============/=//=/===============/=//=/ Indicateur
//

//=/ Ichimoku
Hx1 = highest[9](high)
Lx1 = lowest[9](low)
//=//
Hx2 = highest[26](high)
Lx2 = lowest[26](low)
//=//
Hx3 = highest[52](high)
Lx3 = lowest[52](low)
//=//
XB = (Hx3+Lx3)/2
XA = (Hx1+Lx1+Hx2+Lx2)/4
//=//
SA = (XA[26])
SB = (XB[26])
TK = (highest[9](high)+lowest[9](low))/2
KJ = (highest[26](high)+lowest[26](low))/2

//
//=/===============/=//=/===============/=//=/ Tenkan
//

//=/ UP
if TK > KJ then
Rx1 = UPxT1
Gx1 = UPxT2
Bx1 = UPxT3
Tx1 = UPxT4
elsif TK = KJ and TK > TK[1] then
Rx1 = UPxT1
Gx1 = UPxT2
Bx1 = UPxT3
Tx1 = UPxT4

//=/ Down
elsif TK < KJ then
Rx1 = DWxT1
Gx1 = DWxT2
Bx1 = DWxT3
Tx1 = DWxT4
elsif TK = KJ and TK < TK[1] then
Rx1 = DWxT1
Gx1 = DWxT2
Bx1 = DWxT3
Tx1 = DWxT4

//=/ Alerte
else
Rx1 = ANxT1
Gx1 = ANxT2
Bx1 = ANxT3
Tx1 = ANxT4
endif

//
//=/===============/=//=/===============/=//=/ Kijun
//

//=/ UP
if KJ < TK and (KJ > XB or KJ < XB) then
Rx2 = UPxK1
Gx2 = UPxK2
Bx2 = UPxK3
Tx2 = UPxK4
elsif KJ < TK and KJ = XB and KJ > KJ[1] then
Rx2 = UPxK1
Gx2 = UPxK2
Bx2 = UPxK3
Tx2 = UPxK4
elsif KJ = TK and TK > TK[1] and (KJ > XB or KJ < XB) then
Rx2 = UPxK1
Gx2 = UPxK2
Bx2 = UPxK3
Tx2 = UPxK4
elsif KJ = TK and KJ = XB and KJ > KJ[1] then
Rx2 = UPxK1
Gx2 = UPxK2
Bx2 = UPxK3
Tx2 = UPxK4

//=/ Down
elsif KJ > TK and (KJ > XB or KJ < XB) then
Rx2 = DWxK1
Gx2 = DWxK2
Bx2 = DWxK3
Tx2 = DWxK4
elsif KJ > TK and KJ = XB and KJ < KJ[1] then
Rx2 = DWxK1
Gx2 = DWxK2
Bx2 = DWxK3
Tx2 = DWxK4
elsif KJ = TK and TK < TK[1] and (KJ > XB or KJ < XB) then
Rx2 = DWxK1
Gx2 = DWxK2
Bx2 = DWxK3
Tx2 = DWxK4
elsif KJ = TK and KJ = XB and KJ < KJ[1] then
Rx2 = DWxK1
Gx2 = DWxK2
Bx2 = DWxK3
Tx2 = DWxK4

//=/ Alerte 1
elsif KJ = TK and TK = TK[1] and (KJ > XB or KJ < XB) then
Rx2 = A1xK1
Gx2 = A1xK2
Bx2 = A1xK3
Tx2 = A1xK4

//=/ Alerte 2
else
Rx2 = A2xK1
Gx2 = A2xK2
Bx2 = A2xK3
Tx2 = A2xK4
endif

//
//=/===============/=//=/===============/=//=/ Excès Tenkan
//

//=/ UP T1
if Lx1 > KJ and Lx1[1] => KJ[1] and TK > KJ then
drawtriangle(barindex[1],Lx1[1],barindex[1],KJ[1],barindex,KJ) coloured(EHxT1,EHxT2,EHxT3,EHxT4) bordercolor(0,0,0,0)
drawtriangle(barindex,Lx1,barindex,KJ,barindex[1],Lx1[1]) coloured(EHxT1,EHxT2,EHxT3,EHxT4) bordercolor(0,0,0,0)
endif
//=//
if Lx1 > KJ and Lx1[1] =< KJ[1] and TK > KJ then
drawtriangle(barindex,Lx1,barindex,KJ,barindex[1],KJ[1]) coloured(EHxT1,EHxT2,EHxT3,EHxT4) bordercolor(0,0,0,0)
endif
//=//
if Lx1 =< KJ and Lx1[1] > KJ[1] and TK > KJ then
drawtriangle(barindex[1],Lx1[1],barindex[1],KJ[1],barindex,KJ) coloured(EHxT1,EHxT2,EHxT3,EHxT4) bordercolor(0,0,0,0)
endif

//=/ DW T1
if Hx1 < KJ and Hx1[1] =< KJ[1] and TK < KJ then
drawtriangle(barindex[1],Hx1[1],barindex[1],KJ[1],barindex,KJ) coloured(EBxT1,EBxT2,EBxT3,EBxT4) bordercolor(0,0,0,0)
drawtriangle(barindex,Hx1,barindex,KJ,barindex[1],Hx1[1]) coloured(EBxT1,EBxT2,EBxT3,EBxT4) bordercolor(0,0,0,0)
endif
//=//
if Hx1 < KJ and Hx1[1] => KJ[1] and TK < KJ then
drawtriangle(barindex,Hx1,barindex,KJ,barindex[1],KJ[1]) coloured(EBxT1,EBxT2,EBxT3,EBxT4) bordercolor(0,0,0,0)
endif
//=//
if Hx1 => KJ and Hx1[1] < KJ[1] and TK < KJ then
drawtriangle(barindex[1],Hx1[1],barindex[1],KJ[1],barindex,KJ) coloured(EBxT1,EBxT2,EBxT3,EBxT4) bordercolor(0,0,0,0)
endif

//
//=/===============/=//=/===============/=//=/ Excès Kijun
//

//=/ UP T1
if Lx2 > XB and Lx2[1] => XB[1] and KJ > XB then
drawtriangle(barindex[1],Lx2[1],barindex[1],XB[1],barindex,XB) coloured(EKxT1,EKxT2,EKxT3,EKxT4) bordercolor(0,0,0,0)
drawtriangle(barindex,Lx2,barindex,XB,barindex[1],Lx2[1]) coloured(EKxT1,EKxT2,EKxT3,EKxT4) bordercolor(0,0,0,0)
endif
//=//
if Lx2 > XB and Lx2[1] =< XB[1] and KJ > XB then
drawtriangle(barindex,Lx2,barindex,XB,barindex[1],XB[1]) coloured(EKxT1,EKxT2,EKxT3,EKxT4) bordercolor(0,0,0,0)
endif
//=//
if Lx2 =< XB and Lx2[1] > XB[1] and KJ > XB then
drawtriangle(barindex[1],Lx2[1],barindex[1],XB[1],barindex,XB) coloured(EKxT1,EKxT2,EKxT3,EKxT4) bordercolor(0,0,0,0)
endif

//=/ DW T1
if Hx2 < XB and Hx2[1] =< XB[1] and KJ < XB then
drawtriangle(barindex[1],Hx2[1],barindex[1],XB[1],barindex,XB) coloured(EKxT1,EKxT2,EKxT3,EKxT4) bordercolor(0,0,0,0)
drawtriangle(barindex,Hx2,barindex,XB,barindex[1],Hx2[1]) coloured(EKxT1,EKxT2,EKxT3,EKxT4) bordercolor(0,0,0,0)
endif
//=//
if Hx2 < XB and Hx2[1] => XB[1] and KJ < XB then
drawtriangle(barindex,Hx2,barindex,XB,barindex[1],XB[1]) coloured(EKxT1,EKxT2,EKxT3,EKxT4) bordercolor(0,0,0,0)
endif
//=//
if Hx2 => XB and Hx2[1] < XB[1] and KJ < XB then
drawtriangle(barindex[1],Hx2[1],barindex[1],XB[1],barindex,XB) coloured(EKxT1,EKxT2,EKxT3,EKxT4) bordercolor(0,0,0,0)
endif


//
//=/===============/=//=/===============/=//=/ Fin
//

return TK coloured(Rx1,Gx1,Bx1,Tx1) style(line,1) as "Tenkan", KJ coloured(Rx2,Gx2,Bx2,Tx2) style(line,2) as "Kijun"