Ichimoku

[OscarR]

How can the Ichimoku indicator help us gain a deeper understanding of market trends and make informed trading decisions?

 

[Amadeus.V]

well that indicator is not simple to learn, nor simple to explain. the biggest signs are, if the price is above the cloud, the market is bullish, otherwise, bearish. if the latest cloud is green, the market is bullish, if red, bearish!

 

[thomas_novak]

Ichimoku indicator: It's like having a trend-savvy guru by your side. Spot reversals, find support/resistance, and ride the market waves. It's your secret weapon!

 

[agazio]

as with any other indicator, with "multitimeframe analysis" (For example: Daily, 4H, 1H). Without mt analysis it gives lots of false signals, especially on lower timeframes

 

[NatureGirl]

it has many parts, tenkansen, kijunsen , kumo(cloud), and chikou span. tenkansen is short term momentum, kijunsen is longer term momentum and dynamic support and resistance, kumo is area between senkou span A & B showin dynamic resistance and support and thickness indicate sterngth, and chikou span is trend confirmation based on its position relative to price. and price above cloud = uptrend - below = downtrend - inside = consolidation. gap between enkansen and kijgunsen shows momentum and tenkensen crossin kuijin en gives bulish/bearish signals and is stronger outside the clouud

 

[fargana]

How can the Ichimoku indicator help us gain a deeper understanding of market trends and make informed trading decisions?

The Ichimoku indicator provides a comprehensive view of the market by offering multiple insights in one chart. It shows trends, support/resistance levels, and potential momentum shifts. Components like the Kumo (cloud) can indicate potential areas of reversal or continuation.