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IchimokuCloud.md

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Ichimoku Cloud (Ichimoku Kinko Hyo)

Ichimoku Cloud is a comprehensive indicator that defines support and resistance, identifies trend direction, gauges momentum, and provides trading signals.

Lines

  • Tenkan-sen (Conversion Line): (highest high + lowest low) / 2 for the last 9 periods (default)
  • Kijun-sen (Base Line): (highest high + lowest low) / 2 for the last 26 periods (default)
  • Senkou Span A (Leading Span A): (Tenkan-sen + Kijun-sen) / 2, plotted 26 periods ahead
  • Senkou Span B (Leading Span B): (highest high + lowest low) / 2 for the last 52 periods (default), plotted 26 periods ahead
  • Chikou Span (Lagging Span): Closing price, plotted 26 periods back

Parameters

  • periodTenkan (default: 9): Period for Tenkan-sen
  • periodKijun (default: 26): Period for Kijun-sen
  • periodSenkouB (default: 52): Period for Senkou Span B
  • displacement (default: 26): Displacement for Senkou and Chikou lines

Usage Example

import { Ichimoku } from '../src/ichimoku';

const ichimoku = new Ichimoku();
const result = ichimoku.nextValue(high, low, close);
// result: { tenkan, kijun, senkouA, senkouB, chikou }

Returns

An object with the following properties:

  • tenkan: Tenkan-sen value
  • kijun: Kijun-sen value
  • senkouA: Senkou Span A value (current, forward shift is handled on chart)
  • senkouB: Senkou Span B value (current, forward shift is handled on chart)
  • chikou: Chikou Span value (close, shifted backward)