How to use the Ichimoku Kinko Hyo indicator? | bestbrokers.co.uk

Illustration: How to use the Ichimoku Kinko Hyo indicator?

The unusual name of Ichimoku Kinko Hyo is given to a sophisticated indicator, which though very popular with traders, can seem confusing and so busy that it puts off some of us from using it. This is because simply charting the indicator on a graph adds five different lines as well as a « cloud » in two colours. The graph becomes almost impossible to interpret.


This is a companion discussion topic for the original entry at https://www.bestbrokers.co.uk/trading-strategies/ichimoku-kinko-hyo-indicator.html