Ichimoku trader signals
Since the Ichimoku Cloud provides some trend signals, some traders consider the Ichimoku Cloud the only technical indicator required on the chart. Learn to Trade Stocks, Futures, and ETFs Risk-Free The Ichimoku Cloud indicator on first glance can feel overwhelming to traders not familiar with the indicator. The Indicator Lines. Ichimoku can be a bit bewildering to start with because of the various outputs it produces. Once you get to know the meaning of each part it is quite straightforward. It isn’t necessary to memorise what each and every line means but it does help to understand the basic properties. The Ichimoku Kinko Hyo, also known as the Ichimoku Cloud, is a versatile indicator that defines support / resistance, trend direction, momentum and trade signals.The indicator was developed by Goichi Hosoda.