Have you ever considered using the Ichimoku Cloud, a powerful and versatile technical analysis tool that goes beyond traditional chart analysis? 💜 If you appreciate our guides, support us with boost button 💜 Discover the Ichimoku Cloud, technical analysis tool developed by Japanese journalist Goichi Hosoda in the late 1960s. This method visually represents...
Here's a great example of a clear uptrend using the Ichimoku cloud indicator. Popularized by the Japanese, I really like the clear trend-following visual that Ichimoku provides especially on the daily and weekly time frames for each it was originally designed by its creator, Goichi Hosoda. Once you have confirmed trends on the higher time frames via Ichimoku, the...
My buddy Aimer asked me how to trade breakouts on futures yesterday. I answered with much more... including the theory of Ichimoku Cloud breakouts, how they have been used on Bitcoin Daily charts profitably for years, and how to incorporate my Spike Signal into confirming winning breakout trades (while avoiding losers). I wanted to share this educational content...
Have you ever wanted to combine two technical analysis indicators into a single signal to find your own way of making profit? This video is a tutorial where I take two stock Tradingview Pinescript indicators and combine them into a signal that makes it easier for the user to spot with their eyes when an even occurs on a chart. By following along I hope the...
NYSE:GME The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future. ...
I have been asked how to use the Ichimoku Strategy so here is a quick breakdown on how the cloud works. Included is a picture Displaying the different aspects of what o look for and the terminology used. I am also including a few links to two youtube videos and websites/articles I have used to better understand this strategy. I have only been using this strategy...
I've been a student and trader of Ichimoku for over 8 years. It has been the foundation of my trading strategies which have evolved over time. A few years ago I wanted to simplify my charts so I distilled down the essence of the indicator to 50% retracement levels. In this video I show examples of using either Ichimoku or it's fundamental premise of retracement...
in this chart u can learn all of 5 lines of ichimoku kinkohayo.if u have any question fell free and commnet for us.thx
Now ichimoku is relatively simple look for buys above the cloud and look for sells under the cloud. so when we backtest that over our 5/5 winners with rvi we get two less entrys, however as a beginner to avoid them whipsaw movements that isnt always a bad thing. The cloud itself offers dynamic support and resistance based of averages. price breaking through the...
Now ichimoku is relatively simple look for buys above the cloud and look for sells under the cloud. so when we backtest that over our 5/5 winners with rvi we get two less entrys, however as a beginner to avoid them whipsaw movements that isnt always a bad thing. The cloud itself offers dynamic support and resistance based of averages. price breaking through the...
I use this system to scalp Bitcoin USDT Futures with incredible high accuracy! Let me know if you want to try it as well :))) Perftct for swingtrading as well. Check the link to my related idea how the system perfectly catched the Gold/USD entry + moon shot :)
Just a thought on Ichimoku for new traders. I haven't used this indicator much but after review I was thinking about implementing it into future trade ideas. I believe that it can appear overwhelming at first but if focus turned to one element at a time, I believe it can familiarize a trader with (almost) all the aspects of intro indicators. It can also be...
This is an example of Gunbot trading with the ichimoku strategy. Gunbot is a multi platform crypto trading bot. About this strategy This strategy will buy when Tenkan-sen crosses up Kijun-sen, it will sell when Tenkan-sen crosses down Kijun-sen. You can configure if the support or resistance at the Kumo level needs be considered for trades to be placed. ...
Histograms such as MACD histogram or my Ichimoku histogram give two kind of trading signals. One is common and is triggered on each price bar. The other happens less often but is extremely powerful. The common signal is triggered by the slope of the histogram. When the most recent bar is greater than the one before, the slope is bullish. This is saying that bulls...
This is practicing IchimokuScholar's strategy of using Renko to get SR levels. AFAIK, you may get the following settings for it: * Traditional, 1% of first day's closing value * ATR, 0.5 (can set ATR value to whatever you like—I'm still reading on this) * Red line, weekly SR * Greens, HH... possible levels for counter trend confirmation or confidence gainer
This is a series about the way to handle Ichimoku. ____________________ Tenkan...Blue Line, average of highest and lowest past 9 candles (Blue Area) Kijun...Red Line, the average of highest and lowest past 26 candles (Red Area) Senko1...Purple Line, the average of Tenkan and Kijun 26 candles ago Senko2...Yellow Line, the average of highest and lowest past 52...
Since I learn best when going through examples, here's a trade setup using notes from this article, www.forexstreet.net Pre-flight checklist for trading w/ Ichimoku: 1. Price versus the Kumo = bearish or bullish 2. Type of territory = bearish, normal or bullish territory 3. Tenkan Kijun (TK) Cross = bearish or bullish cross 4. TK Cross signal strength = weak,...
All info on the chart, will try and add shorter time-frame later.