Ichimoku

Ichimoku Kinko Hyo Part 5: Wave Theory, Price Observation Theory

Ichimoku Chiko span hidden signals: Chiko support/resistance and overlaps

What is Chiko span and what you can tell about market. Ichimoku Basic Lecture

This may be the last bullish week of the month.

more...

Ichimoku Martingale - expert for MetaTrader 5

The Expert Advisor uses the iIchimoku (Ichimoku) indicator. The indicator is created on the specified ' Working timeframe' timeframe - the same timeframe is used to determine the moment of birth of a new bar (if it is needed for the parameter 'Trailing on ... ').


Signal to open a BUY position:
tenkan # 2> = kijun # 2
&&
tenkan # 1 <kijun # 1
&&
Bid <spana # 2
&&
Bid <spanb # 2 && open # 1> close # 1.
The signal to SELL is mirrored.

Price Channel EA - expert for MetaTrader 5

Trading strategy: signals by the 'Price Channel' indicator, and Stop Loss - by the 'Ichimoku' indicator

The company posted full-year 2021 revenues of $7.8 billion, which rose a solid 22% year-over-year (y-o-y), and full-year adjusted earnings of $4.51 per share, up 45% y-o-y.

Daily chart is located inside Ichimoku cloud for the secondary ranging within the primary bullish market condition. If the price breaks 54.67 resistance level to above so the primary bullish trend will be continuing with 58.17 possible target. If the price breaks 51.21 support level to below so the primary daily bearish reversal will be started with 46.13 target.

more...

The markets are having a tough year so far, with the S&P 500 declining by about 18% year-to-date, amid surging inflation, tighter monetary policy, and rising interest rates. Tech stocks have fared much worse, as investors rotate into value and cyclical bets, with the Nasdaq-100 down by close to 29% year-to-date. Even Apple stock, which has always been considered a safe haven of sorts, hasn’t really been immune to the sell-off, declining by about 23% year-to-date as investors worry about the impact of the Covid-19 lockdowns in China, which could hurt supply for the company and also due to concerns that the U.S. could slip into a recession following a contraction in GDP over the first quarter of this year.

Weekly price is breaking Ichimoku cliud to below for the possible bearish reversal. But the price is oon oversold market condition and it was bounced from 132 support level to above for the ranging or the bullish trend to be resumed.

more...

The Ichimoku Kinko Hyo, that is often referred to as the Ichimoku Cloud, is a wide-embracing technical analysis system designed to provide a holistic view of market trends; support and resistance levels; as well as momentum. Developed in the late 1930s and refined over the subsequent three decades, Ichimoku Kinko Hyo translates from Japanese to "one-look equilibrium chart" or "at-a-glance balance chart,"; names which emphasize its design to offer a single, detailed perspective on the market

more...

In the previous article (Part 1 of the series) we demonstrated how to automate the Profitunity System (Trading Chaos by Will Williams). In this article (Part 2), we demonstrate how to transform the Kumo Breakout Strategy into a fully functional Expert Advisor (EA) in MetaQuotes Language 5 (MQL5). The Kumo Breakout Strategy uses the Ichimoku Kinko Hyo indicator to identify potential market reversals and trend continuations, with price movements relative to the Kumo (cloud)—a dynamic support and resistance zone formed by the Senkou Span A and Senkou Span B lines. By incorporating the Awesome Oscillator indicator as a trend confirmation tool, we can filter out false signals and increase the accuracy of trade entries and exits. This strategy is widely used by traders looking to capitalize on strong momentum-driven market movements.

more...