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Ichimoku Cloud Calculation Question

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joshmorris23x

Subscriber, bbp_participant, community, 3 replies.

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7 years ago #116396

Hi,

 

 

I got this value as part of a randomly generated strategy.

Ichimoku(3, 30, 52, Kijun-sen)

 

For the Ichimoku cloud, does this mean the value is shifted of the base line (second value) is plotted 30 bars into the future, or 26(default ichimoku cloud)? I’m confused about the whole calculation of all of it, could someone explain it to me, the stockcharts.com explanation is confusing me.

 

Thanks,

josh

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tomas262

Administrator, sq-ultimate, 2 replies.

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7 years ago #141827

Hello,

 

Ichimoku in SQ corresponds to one available in MetaTrader (you can check on a chart). It uses the MQL4 Ichimoku function https://docs.mql4.com/indicators/iichimoku

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