Senkouspan2

Description

The SenkouSpan2 formula renders the Senkou Span 2 leading indicator in the Ichimoku Kinko Hyo study.

Formula

Senkouspan2(INPUT, Span=51)=begin

  retval = (RMAX($1.high, Span) + RMIN($1.low, Span)) / 2

end

Parameters

INPUT

The INPUT directive makes this formula available as a Formula Overlay. INPUT refers to the instrument in the chart.

Span

The Span parameter defines the range (number of bars) examined by the Senkou Span 2 indicator. The default value is 51.

Return Value

A Senkou Span 2 value

Examples

See, Ichimoku Kinko Hyo

Comments

NA