Ichimoku Support and Resistance by TheSocialCryptoClub

14 בינו׳ 2022

Name: Ichimoku Supports and Resistances

Category: Indicator

Timeframe: Any Timeframe.

Description: Ichimoku Support and Resistance is an indicator which allows to represent on the chart the price structures identified through the flat zones of the various lines of the Ichimoku Kinko Hyo indicator

Suggested usage: Use on any timeframe. It is possible to calculate flat zones only in a certain period and in a different time frame, and select those calculated by specific lines.

Technical Details: Internally it uses an Array to store the levels of when a line is flat (calculating the distance to the previous one). At the last bar it prints the various lines on the screen.

Credits:
- Some of the indications has been explained by Corrado Rondelli in "Strategie di trading con l’indicatore Ichimoku Kinko Hyo"