I am playing with the Ichumoku cloud and want to check if my price is inbetween the cloud.
for eg. in the code segment below, i want to check if the price bar is between cloudHigh and cloudLow.
cloudHigh = Max( SenkouA_values, SenkouB_values );
cloudLow = Min( SenkouA_values, SenkouB_values );
Appreciate any help.
SetOption( "MaxOpenPositions", 5 ); // This sets maximum number of open positions to 5
SetChartOptions( 0, chartShowArrows | chartShowDates );
_N( Title = StrFormat( "{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " + WriteVal( V, 1.0 ) + " {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ) );
//https://www.raoufx.com/trading%20with%20ichimoku%20clouds%20the%20essential%20guide%20to%20ichimoku%20kinko%20hyo%20technical%20analysis.pdf
Plot( C, "Close", colorDefault, styleNoTitle | GetPriceStyle() );
_SECTION_BEGIN( "Tenkan-Sen" );
TenkanPer = Param( "Tenkan-Sen Period", 9, 1, 100, 1 );
TenkanCol = ParamColor( "Tenkan-Sen Color", colorRed );
TenkanSty = ParamStyle( "Tenkan-Sen Style", styleLine | styleThick );
Tenkan = ( HHV( H, TenkanPer ) + LLV( L, TenkanPer ) ) / 2;
Plot( Tenkan, "Tenkan", TenkanCol, TenkanSty );
_SECTION_END();
_SECTION_BEGIN( "Kijun-Sen" );
KijunPer = Param( "Kijun-Sen Period", 22, 1, 100, 1 ); // using 22 instead of 26 as there are only 22 trading days in a month.
KijunCol = ParamColor( "Kijun-Sen Color", colorBlue );
KijunSty = ParamStyle( "Kijun-Sen Style", styleLine | styleThick );
Kijun = ( HHV( H, KijunPer ) + LLV( L, KijunPer ) ) / 2;
Plot( Kijun, "Kijun", KijunCol, KijunSty );
_SECTION_END();
_SECTION_BEGIN( "Chikou Span" );
ChikouShft = Param( "Chikou Span Shift", 22, 1, 100, 1 ); // using 22 instead of 26 as there are only 22 trading days in a month.
ChikouCol = ParamColor( "Chikou Span Color", colorViolet );
ChikouSty = ParamStyle( "Chikou Span Style", styleLine | styleNoLabel );
Chikou = C;
Plot( Chikou, "", ChikouCol, ChikouSty, Null, Null, -ChikouShft );
_SECTION_END();
_SECTION_BEGIN( "Senkou-Kumo" );
SenkouKumoShft = Param( "Senkou-Kumo Shift", 21, 0, 100, 1 );
_SECTION_END();
_SECTION_BEGIN( "Senkou Span A" );
SenkouACol = ParamColor( "Senkou Span A Color", colorSeaGreen );
SenkouASty = ParamStyle( "Senkou Span A Style", styleLine );
SenkouA = ( Tenkan + Kijun ) / 2;
Plot( SenkouA, "Senkou A", SenkouACol, SenkouASty, Null, Null, SenkouKumoShft ) ;
_SECTION_END();
_SECTION_BEGIN( "Senkou Span B" );
SenkouBPer = Param( "Senkou Span B Period", 42, 1, 200, 1 );
SenkouBCol = ParamColor( "Senkou Span B Color", colorPink );
SenkouBSty = ParamStyle( "Senkou Span B Style", styleLine );
SenkouB = ( HHV( H, SenkouBPer ) + LLV( L, SenkouBPer ) ) / 2;
Plot( SenkouB, "Senkou B", SenkouBCol, SenkouBSty, Null, Null, SenkouKumoShft ) ;
_SECTION_END();
_SECTION_BEGIN( "Kumo" );
KumoUpCol = ParamColor( "Kumo UP Color", colorSeaGreen );
KumoDnCol = ParamColor( "Kumo DN Color", colorPink );
PlotOHLC( SenkouA, SenkouA, SenkouB, SenkouB, "", IIf( SenkouA > SenkouB, KumoUpCol, KumoDnCol ), styleCloud | styleNoLabel, Null, Null, SenkouKumoShft );
_SECTION_END();
cloudHigh = Max( SenkouA_values, SenkouB_values );
cloudLow = Min( SenkouA_values, SenkouB_values );