Ichimoku Kinko Hyo

Category: trend, momentum, market_structure

The Ichimoku Kinko Hyo is a comprehensive trend-following system that defines support and resistance, determines trend direction, and measures momentum using five lines.

Formula

Tenkan = (Highest(High, 9) + Lowest(Low, 9)) / 2  
Kijun = (Highest(High, 26) + Lowest(Low, 26)) / 2  
Senkou Span A = (Tenkan + Kijun) / 2 (shifted forward 26 periods)  
Senkou Span B = (Highest(High, 52) + Lowest(Low, 52)) / 2 (shifted forward 26 periods)  
Chikou Span = Close (shifted back 26 periods)

Inputs

• InpTenkan (default: 9)
• InpKijun (default: 26)
• InpSenkou (default: 52)

See signal primitives and every published strategy that uses Ichimoku Kinko Hyo on WOBR StrategyVerse.