Hi all,
I came across a discrepancy in the value of the Kumo cloud returned by calculation vs actual value (refer to image enclosed). The calculation formula widely used is the following :
SSpanA = (tenkansen[26]+kijunsen[26])/2
SSpanB =(highest[52](high[26])+lowest[52](low[26]))/2
However, this formula returns the Kumo cloud position right above (or below) the current price bar, not the position as displayed on the Ichimoku representation (which is 26 periods ahead of the current period).
I saw a similar request on this site but no good answer was given. How can you get the real current Kumo position value ?
Thanks !
Remove everything related to the 26 periods bars back : [26] and should get the actual Kumo prices, not the ones from 26 periods earlier.
Thanks for your quick response Nicolas. I does make absolute sense !
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