Casper

Just a postscript. I believe daily charts are the best ones to use for ichimoku so having all indicators in there right position could be holding back profit given the hourly indicators are inferior to daily I’m going to look at negating the chikou conditions and I would like to test for one bearish or bullish candle which like you is not working , would like to get to the bottom of the problem but not sure how to tackle. I’m also looking at stopping the strategy taking a second trade in the same direction after the first has been stopped out. I thought I had the solution to this by using for example:=

once a=0

then for a buy trade set a condition that a has to be <=0 and after entering trade reset a=1

then for a sell trade set a condition that a has to be >=0 and after entering a sell reset a=-1

this doesn’t seem to work

Hi Kasper,

Was just doing some development of ichimoku and I reviewed your coding. I think there is an error in the calculation of chikou. The chikou should represent closing price 26 periods in arrears. Thus code should be chikou = close.  Subsequently, ChikouBelow = Close < SenkouSpanA[26] and Close < SenkouSpanB[26] or alternatively  ChikouAbove = Close > SenkouSpanA[26] and Close > SenkouSpanB[26]. Hope this makes sense?

regards

John