Ethereum / Bitcoin
Formazione

Using number of bars above tenkanSen as a way to determine trend

142
Hey, while searching ichimoku scripts it looks like all of them use signals like kumo breakout, tenkan cross above kijun etc as a strategy. This is how ichimoku is used in the west while it is not realy made to provide signals. It is used for market analysis using time theory, wave theory etc. Counting the number of bars before a day of change is also part of ichimoku kinko hyo.
Does anybody know a way to calculate the average bars above tenkanSen in specific situations. It would be very beneficial to know the average amount of bars above tenkanSen while above kumo Cloud etc


istantanea

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