To implement an Ichimoku Chart in NeuroShell Trader, simply create the five component indicators. Select ‘New Indicator …’ from the ‘Insert’ menu to create each of the following indicators using the Indicator Wizard:
Standard Line:
Price Range Midpoint ( High, Low, 26 )
Turning Line:
Price Range Midpoint ( High, Low, 9 )
Delayed Line:
Lead ( Close, 26 )
1st Preceding Span:
Lag ( Avg2 ( Standard Line, Turning Line ), 26 )
2nd Preceding Span:
Lag ( Price Range Midpoint ( High, Low, 52 ), 26 )
Users of NeuroShell Trader can go to the STOCKS & COMMODITIES section of the NeuroShell Trader free technical support Website to download an example Ichimoku Chart.
Additionally, users may find the Ichimoku components useful when creating trading systems with the Trading Strategy Wizard or when predicting future price movements, future highs or future lows using the Prediction Wizard. Owners of the NeuroShell Trader Professional could then use the Genetic Optimizer to determine the optimal parameters for the Ichimoku components.
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