As a trader, I meticulously review recommendations from brokerage firms regarding potential stock purchases daily. Despite this, I am frequently confronted with the challenge of accurately predicting profit probabilities, as well as determining precise entry, exit, and stop-loss points. My preference for the Ichimoku strategy means I conduct extensive analyses on...
Part1:setting up your trading plattform based on Ichimoku Kinko Hyo, and other indicators
5 Indicators : LUXALGO a-Adaptive MACD b- MACD based price forcasting DGT: a-Price Action Support & resistance b- ˜Dual Supertrends REDKTRADER a-REDK EVEREX Narrative is in Arabic
Novice / Beginner intro to Ichimoku Kinko Hyo technique. for a succesfull trades, kindly note that the following 3 conditions must be present: 1- your entry point is always above green kumo 2- Bullish TK cross occured above the green Kumo 3- Chiko span is above TK we never trade in the Kumo. it's not recommended to trade below the Kumo, and even Bullish TK cross...
Welcome to my first educational post. This is a big one, Ichimoku Kinko Hyo is the most underused, underrated, least understood and yet most powerful trend indicator available to the general public. I'll first briefly describe the 4 components: - Tenkan Sen (turning line): it's like a small period moving average but calculated slightly differently. So if price...
In this article, I have made a sincere effort to explain each and every concept of the Ichimoku Cloud indicator in a clear and concise manner. My aim was to keep the explanations as simple as possible, ensuring that traders of all levels can easily understand and apply this powerful tool in their trading strategies. I understand that technical analysis can...
Hello TradingView Community, it’s Ben with LeafAlgo! Today we will discuss one of my favorite indicators, the Ichimoku Cloud. The Ichimoku is a versatile trading tool that has captivated traders with its unique visual representation and powerful insights. We will dive deep into understanding the Ichimoku Cloud, explore its history, discuss its parts, highlight...
The reason for combining the baseline with SMA is that the baseline provides a good signal for price continuation, while the crossover gives a solid and reliable signal for entering a trade. This signal also helps to identify a suitable point for placing your stop loss. To use this signal, you must wait for the crossover and then enter the trade after the first...
THE BASICS: Here is a close up of the Ichimoku Kinkō Hyō indicator: Many people do not know that the Ichimoku Kinkō Hyō cloud system has its own Number, Wave, Target Price and Timespan Theories. After years of study, the numbers that Goichi Hosoda choose for his system are 9, 17, 26 as the basic numbers with 33, 42, 65, 76, 129 and 200~257. These numbers are...
To identify potential trends with ichimoku you need to look at 5 lines: -Tenkan sen:Tenkan sen is higher than kijun sen in an uptrend and vice versa -Kijun sen :Kijun sen is higher than kumo clouds in an uptrend and vice versa, if the price is lower than kijun sen, the market is no longer a potential trend. -Kumo:The kumo shape is very important, it shows the long...
Ichimoku Kinkō Hyō Wave Theory Introduction and Indicator Basics Cheat Sheet. Note that there are 5 Waves in the Ichimoku Kinkō Hyō System. 1: I Wave 2: V Wave 3: N Wave 4: P Wave 5: Y Wave I Wave = 1 directional movement in price up or down over a period of time. V Wave = 2 directional movements in price over a period of time so 1 direction movement up over a...
Multi timeframe analysis of the S&P500 Index using the Ichimoku Kinko Hyo with original 9,26,52,26 settings, i have also added Volume Profiles (VPVR) and (VPFR) onto the charts. 1 DAY CHART: The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Mid-Point of the Short-term momentum is upwards at the moment. This will possibly change to...
Ichimoku makes identifying trends very easy, but it can be difficult to know when to enter a trend. This factor is often overlooked by newer traders, and it makes a significant difference to risk-adjusted returns. One of my favourite ways to identify when to enter a trend is to use the concept of relative strength or weakness. Put simply, relative strength or...
In my recent post I indicated that I am long USDJPY due to the higher timeframe bullish trend: A question that traders often ask is "how do I set a stop-loss when the market is moving up?". This applies if you are looking to enter your first trade in the trend, or if you want to trail a stop-loss on an existing order. The answer is simple when you use...
Hi, As you can see the chart. I give you more review for my strategy in Bitcoin. in this chart you will see 3 trades are win. I won't focus on win or lose, I will teach you how I can make money day by day With each trade, you can see the big bar close cross over Kijun and Tenkan . Look the Volume you see the factor higher SMA 50 Volume . So what is...
Guide for beginners! Hope you enjoy. Inspired by Trader Kei! Here's a brief Ichimoku Kinko Hyo Reference Follow these steps: 1.) Identify a major trend (Daily or H4) -Is the Kumo Up or Down? -What's the Angle? -What's the length? -What's the thickness? -If yes, Is Senkou Span B Up or Down? Or is "SSB" Flat and "SSA" Up or Down?* (If no, hold until KUMO is...
So, the Ichimoku Cloud (Ichimoku Kinko Hyo) - WTF is it??? At first the Ichimoku Cloud can look a bit daunting, but after reading this, hopefully it will put you at ease & you will realise that it is a really neat and powerful indicator that shows you Momentum, Trend, Support and Resistance . Note that you can use the Ichimoku Cloud for all timeframes, but it may...
Here is today's GBPCHF trade which took a little to get going but then easily reached it's PT (+101 pips). good Solid trade, all 4 horseman aligned :) Allen