Ichikomu Custom Offset Parameters

[moslem7026]

ichikomu have Default Paramater named Displacement or Offset that is 26 . how can i set to 0 in skender library ?

[DaveSkender]

There are a few offsets in Ichimoku. I don’t use the term Displacement, do you have a reference where I can see it?

[moslem7026]

in trading View Ichikomu indicator have this input

[DaveSkender]

Do you have a URL to something that describes the TradingView parameters?

I’ve used an implementation more like what you see here:
https://school.stockcharts.com/doku.php?id=technical_indicators:ichimoku_cloud

[DaveSkender]

I’m open to upgrading this to add more parameters that might allow this extra customization that I think is what you’re seeking, but need to know more about it.

[DaveSkender]

I see this in Trading View. I suspect this Displacement value is just a custom offset amount for Senkou Spans and Chikou Span (lagging span).

One thing I do notice here is that Trading View does not allow a 0 value for Displacement. If my interpretation is correct, you'd basically not have an Ichimoku cloud if you did that anyway, so it doesn't seem to make much sense. Can you elaborate on how a displacement offset of 0 would be used, practically?

[DaveSkender]

To expand this indicator to allow custom offset periods for Senkou and Chikou spans, I think I'll implement these overload methods:

// defaults
.GetIchimoku()

// standard offsets
.GetIchimoku(signalPeriods,shortSpanPeriods,longSpanPeriods)

// custom offset
.GetIchimoku(signalPeriods,shortSpanPeriods,longSpanPeriods,offsetPeriods)

// custom and different offsets
.GetIchimoku(signalPeriods,shortSpanPeriods,longSpanPeriods,senkouOffset,chikouOffset)

The default and standard variants currently exist in the library, so I'll only be adding the last two.

While I'm updating this one, I think I'll also rename the original 3 parameters:

• tenkanPeriods
• kijunPeriods
• senkouBPeriods

[DaveSkender]

In my implementation, you'll be able to use whichever you prefer, 3/4/5 parameter variants. I've also set it up so you can use an offset of 0, despite me not knowing why someone would do that -- no harm in allowing it if it doesn't break the calculation (and it does not).

[DaveSkender]

This was release in version 1.17.1

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