Ichimoku number theory indicator

Despair · 2017-09-23T10:56:06+00:00

This indicator is based on Ichimoku number theory. It marks a SwingLow/SwingHigh defined by a special fractal-pattern and the following fractals of count 9, 17, 26, 33 and 42 which according to Ichimoku number theory are interesting levels where a reversal might take place. The indicator marks additional 2 SwingHighs/SwingLows and there following fractals according number theory within the first 42 bars after the 1st SwingHigh/SwingLow. 42 bars after the initial SwingHigh/SwingLow the logic is reversed and the indicators marks the opposite (if it marked SwingHighs before, it will switch to marking SwingLows and vice versa).

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09/28/2017 at 12:59 PM #47665 quote

juanj
Participant

Master

Please share your finding. I am actually amazed at how useful this is at serving as confirmation of major moves. Combined with Ichimoku Wave Theory to identify target levels this is as close to a ‘magic’ indicator you will likely get 😉

10/02/2017 at 11:50 AM #47988 quote

AVT
Participant

Senior

I am fighting with the code (seems at the moment the code wins, outch!). As far as I understand, we take a fractal (zigzag) as base and if we have a new top|bottom we begin to count. Question: Do we wait with counting until we have 3 highs|lows in a row? And if yes, is that the only criteria, or must we also look back? For example, we see on the right side of our reference point 3 new step-ups, do we have to check that the left side of our reference point has made before 3 step-downs – meaning the reference point is a low produce with at least previous 3 down-steps and afterwards 3 up-steps. Could you please help me to get that cleared, please. Thanks

10/02/2017 at 12:18 PM #47992 quote

juanj
Participant

Master

I think you are overanalyzing this. We are simply looking for the highest/lowest candle between two points (shoulder * 2). In other words, if the shoulder is set to 14, we look for the highest high/ lowest low with 14 higher/lower candles on each side. This is is the start of our first number set. The second number set begins as soon as the next high/low candle matching the above criteria is found. We work with three (I just decided on 3 for completeness sake – no rule governing this) number sets on each side of the price graph, switching from looking for swing lows to swing highs after completion of set number one.
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10/02/2017 at 4:41 PM #48031 quote

AVT
Participant

Senior

@ juanj Thanks a lot, it was just too much of Rs and ifs and ups and downs in the code – I always got lost on the way, even with reformatting it. So my base code is different but seems correct and I can go with the rest now.
Alai-n thanked this post

02/10/2018 at 3:29 PM #62205 quote

Alai-n
Participant

Veteran

Hello, where can I find a tutorial to understand the logic of ichimoku numbers? As well as the decomposition of the waves that you approach in your different exchanges? Thank you

02/10/2018 at 7:00 PM #62216 quote

AVT
Participant

Senior

have a look here: https://2ndskiesforex.com/trading-strategies/forex-strategies/ichimoku-number-theory-an-introduction/
Alai-n thanked this post

02/11/2018 at 1:19 PM #62254 quote

Alai-n
Participant

Veteran

@AVT Thank you

01/07/2019 at 4:50 AM #88076 quote

AurifeX
Participant

New

hi guys, great work – I’m getting into the weeds of the logic behind it but I’m not a programmer. Do you know how I could port this indicator to tradingview pine script?

01/07/2019 at 8:16 AM #88078 quote

Nicolas
Keymaster

Legend

This code is not for Pinescript, we are offering free programming support on this forum for the ProRealTime trading platform.

10/14/2020 at 6:31 PM #147418 quote

Blaise Kinyua
Participant

New

Hi @Despair. Is this in mql4 and can you share with me?

10/14/2020 at 6:54 PM #147421 quote

robertogozzi
Moderator

Legend

No @Blaise Kinyua, read post https://www.prorealcode.com/topic/ichimoku-number-theory-indicator/page/3/#post-88078
>> Please update your country flag in your profile. Thank you 🙂 <<

10/14/2020 at 7:07 PM #147422 quote

Blaise Kinyua
Participant

New

Updated my flag. Thanks.
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