CapnOscar

Oscars Simple Trend Ichimoku Kijun-sen

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This super simple Kijun-sen line borrowed from Ichimoku Clouds for trend following.
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study(title="Oscars Simple Trend Ichimoku Kijun-sen", shorttitle="OTrend Kijun", overlay=true)

Length = input(34, minval=1)
Trigger = input(5, minval=1),



donchian(len) => avg(lowest(len), highest(len))

conversionLine = donchian(Trigger)
baseLine = donchian(Length)
leadLine1 = avg(conversionLine, baseLine)

kjuncol = conversionLine > baseLine ? blue : conversionLine < baseLine ? red : orange


plot(baseLine, color=kjuncol,linewidth=2,transp=5, title="Base Line")

almatrend = alma(baseLine, 34, 0.85, 6)

plot(almatrend,transp=85)
Hi, can you explain why you're using a length of 34 instead of the traditional 26?
+2 Reply
simple kinjun-sen on very good on renko charts...can u make it back testable?
thanks...keep it up.
Reply
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