Ichimoku Cloud
The Ichimoku Cloud (Ichimoku Kinko Hyo) is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum, and provides trading signals. It consists of five lines: Tenkan-sen (Conversion Line), Kijun-sen (Base Line), Senkou Span A (Leading Span A), Senkou Span B (Leading Span B), and Chikou Span (Lagging Span).
ICHIMOKU
=ICHIMOKU(data, tenkanPeriod, kijunPeriod, senkouBPeriod) Example Usage
=ICHIMOKU(A2:F500, 9, 26, 52)
Parameters
| Parameter | Type | Description | Status |
|---|---|---|---|
data | Range | The input range of columns containing the Date, Open, High, Low, Close, and Volume data. | Required |
tenkanPeriod | Number | The period for the Tenkan-sen (Conversion Line). Default is 9. | Optional |
kijunPeriod | Number | The period for the Kijun-sen (Base Line). Default is 26. | Optional |
senkouBPeriod | Number | The period for the Senkou Span B (Leading Span B). Default is 52. | Optional |
Returns
A multi-column array containing:
- Date
- Tenkan-sen: (Highest High + Lowest Low) / 2 for the past tenkanPeriod.
- Kijun-sen: (Highest High + Lowest Low) / 2 for the past kijunPeriod.
- Senkou Span A: (Tenkan-sen + Kijun-sen) / 2, plotted 26 periods ahead.
- Senkou Span B: (Highest High + Lowest Low) / 2 for the past senkouBPeriod, plotted 26 periods ahead.
- Chikou Span: Closing price plotted 26 periods behind.