Ichimoku Kinko Hyo
1) Plot up to 8 moving averages or donchian channels.
2) Moving average types include SMA, EMA, Double EMA, Triple EMA, Quadruple EMA, Pentuple EMA, Zero-Lag EMA, Tillson's T3, Hull's MA, Smoothed MA, Weighted MA, Volume-Weighted MA.
3) Donchian channels can be plotted for a user specified period with upper and lower lines based on either A) highest and lowest prices or B) highest candle body (open/close) and lowest candle body (open/close) over a specified period.
4) Plot 2 arithmetic means averaging any 2 to 8 of the previously mentioned moving averages or donchian median lines.
5) Display 2 fills/clouds between any of the previously mentioned plots.
6) Enough flexibility in the script to utilize Ichimoku Kinko Hyo with correctly adjusted offsets.
7) Ichimoku Kinko Hyo is the default settings. Display additional moving averages or donchian channels for comparison.
"One Half" color scheme by Son A. Pham
2) Moving average types include SMA, EMA, Double EMA, Triple EMA, Quadruple EMA, Pentuple EMA, Zero-Lag EMA, Tillson's T3, Hull's MA, Smoothed MA, Weighted MA, Volume-Weighted MA.
3) Donchian channels can be plotted for a user specified period with upper and lower lines based on either A) highest and lowest prices or B) highest candle body (open/close) and lowest candle body (open/close) over a specified period.
4) Plot 2 arithmetic means averaging any 2 to 8 of the previously mentioned moving averages or donchian median lines.
5) Display 2 fills/clouds between any of the previously mentioned plots.
6) Enough flexibility in the script to utilize Ichimoku Kinko Hyo with correctly adjusted offsets.
7) Ichimoku Kinko Hyo is the default settings. Display additional moving averages or donchian channels for comparison.
"One Half" color scheme by Son A. Pham
Release Notes:
Updated moving averages to include option for EMA of selected moving average to smooth the plot.
Release Notes:
added flexibility to the indicator to be more easily used for purposes other than Ichimoku Kinko Hyo
Release Notes:
fixed typos