Replacing the Donchian Midpoint in Ichimoku with a Moving Average
Article MQL5 code base
Summary
This brief note describes an Ichimoku variant that substitutes a moving average for the midpoint of a Donchian price channel. It specifies median price as the input and lists simple, exponential, and weighted moving average choices. The author says the modified indicator can be used with the same rules as standard Ichimoku.
The note does not specify which Ichimoku line or parameter settings are changed, nor does it define a tested strategy or provide performance evidence. It is a terse indicator modification suggestion, so implementation details and the impact of the substitution would need independent clarification and evaluation.
Key ideas
- The proposed variant replaces an Ichimoku Donchian channel midpoint with a moving average.
- Median price is the suggested price input.
- The note lists simple, exponential, and weighted moving average types.
- It proposes retaining the usual Ichimoku rules but supplies no testing evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.