Chikou Span (Ichimoku Cloud Lagging Price)

[freqtrade]

Chikou Span (Ichimoku Cloud Lagging Price)

[xmatthias]

We've since added a warning noting to not use chikou_span for backtesting to the method's dostring.

technical/technical/indicators.py

Lines 247 to 260 in 9924ee4

	"""
	Ichimoku cloud indicator
	Note: Do not use chikou_span for backtesting.
	It looks into the future, is not printed by most charting platforms.
	It is only useful for visual analysis
	:param dataframe: Dataframe containing OHLCV data
	:param conversion_line_period: Conversion line Period (defaults to 9)
	:param base_line_periods: Base line Periods (defaults to 26)
	:param laggin_span: Lagging span period
	:param displacement: Displacement (shift) - defaults to 26
	:return: Dict containing the following keys:
	tenkan_sen, kijun_sen, senkou_span_a, senkou_span_b, leading_senkou_span_a,
	leading_senkou_span_b, chikou_span, cloud_green, cloud_red
	"""

The main problem with ichimoku cloud is that it's a visual indicator (designed for people to look at charts) - and not necessarily for algo trading. While i CAN be used for that - it needs to be done in a carefull manner.

I don't think we should remove this line, as it IS part of ichimoku cloud - and can be quite usefull when used in plotting.

Hope this makes sense.