Kinko Yo

v10.3
Kinko Yo

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/

 

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  1. Maxime Baudin • 02/07/2021 #

    Merci l’ami, passe une bonne semaine

  2. IV Mcm • 02/07/2021 #

    Merci de même 😉

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