PH Chikou Filter Vs Kumo Histo

This Histo indicator compares the Chikou Span to Ichimoku Kumo.

• When Histogram is Green the Chikou Span is above the Kumo.
• When Histogram is Red the Chikou Span is below the Kumo.
• When Histogram is Blue the Chikou Span is Inside the Kumo.

We can,also Filter the excess of Chikou Span (Price)with:

• Chikou Applied
• Chikou Period
• Chikou Mode

Defaults:

• ChikouApplied = 0 (Close)
• Chikouperiod = 1
• ChikoouMode =0