فريق الروبوت الفوركس

Ichimoku indicator and how to deal with it

Ichimoku indicator and how to deal with it
The Ichimoku Kinko Hyo (IKH) Indicator is an indicator that measures future price momentum and identifies support and resistance areas. Well then 3 things became one! Also, it is good to know that this indicator is mainly used in JPY currency pairs. 


To add a few Japanese words to your vocabulary, it is important to know that the word ichimoku means “look”, kinko means “balance” and hyo in Japanese means “chart”. Now if we put the words together, the phrase ichimoku kinko hyo stands for the word “look at the graph in equilibrium”. What! What do these mean? A diagram probably makes everything easier توضیح
Ichimoku indicator and how to deal with it 

Ichimoku indicator and how to deal with it

 

Oh. It did not help that no! It got worse and added more lines. The result was more like an earthquake seismograph. Before we call today’s lesson a slippery slope and get up and go, let’s break down the Ichimoku Kinko Hyo components to make it easier to understand.

Where can the Ichimoku indicator be used?

But before doing this, you should first know 2 things about this indicator:

  • Ichimoku can be used at any time and for any tradable asset. (Originally used for rice trading!)
  • Ichimoku can be used in both bullish and bearish markets.

So when can Ichimoku not be used? When there is no definite trend. Basically, when the market is suffering or neutral, or in other words, without a trend. When prices fluctuate on both sides of the cloud and do not stay out of the cloud for long, you know the market is trending. you understood! good job.

Ichimoku indicator components

Now let’s see what each of these lines means.


Labels: Order to build a Forex robot , Build a stock trading robot , Build a trading robot , Trader robot design , Free Forex Robot , Forex robot programming , Forex Expert Making Tutorial , Build a trading robot with Python , Download Forex Trading Robot , Buy Forex Trader Robot , Automated Forex Robot , Free stock trading robot ,  Learn how to build a Forex trading robot , Alpari trading robot , Forex robot for Android ,  MetaTrader robot design , MetaTrader robot programming , Forex robot design , Forex robot programming , Automated trading


Kijun Sen (Blue Line) : Also known as the Standard Line or the Base Line or Base, this line is calculated by averaging the highest ceiling and lowest price floor in the last 26 periods.

Tenkan Sen (red line) : This line is also called the delay line and is obtained by averaging the highest ceiling and the lowest floor for the past 9 periods.

Chikou Span (Green Line) : This line is also called the spin line. This is the closing price line today, drawn for the previous 26 periods.

Senkou Span (orange lines) : The first Senkou line is calculated by averaging Tenkan Sen and Kijun Sen and is drawn for the next 26 periods.

The second line of Senco is determined by averaging the highest ceiling and the lowest floor for the last 52 periods and depicts the 26 periods ahead.

Ichimoku indicator and how to deal with it 

Ichimoku indicator and how to deal with it

What happened? Well, you do not have to memorize how to calculate each line. The most important thing is to know how to interpret these hobbies.

How to trade using Ichimoku Kinko Hyo

سنکو

Let’s first take a look at the Senco cycle. If the price is above the Senco cycle, the upper line acts as the first level of support and the lower line acts as the second level of support. If the price is below the Senco cycle, the bottom line acts as the first resistance level and the top line acts as the second resistance level. you got?

Keijon Sen.

Meanwhile, Kijun Sen acts as an indicator of future price movements. If the price is higher than the blue line, it can continue to climb and go higher. If the price is below the blue line, it may continue to decline.

Tonkan Sen.

Tenkan Sen is an indicator of market trend. If the red line is moving up or down, it indicates a trend in the market. If it moves horizontally, it indicates that the market is suffering or without trends.

Chico Span

And finally, if the Chikou Span or green line cuts the price from the bottom up, it is a buy signal. If the green line crosses the price from top to bottom, it is a sell signal. Here is the chart full of lines once again, this time with trading signals:
Ichimoku indicator and how to deal with it 

Ichimoku indicator and how to deal with it

 

Sure, it sounds complicated at first, but this kid has levels of support and resistance, crossovers, oscillators, and trend indicators all together! Amazing, isn’t it? Ichimoku can be used as a trend track indicator in any market and at any time. Regardless of the market, Ichimoku insists that the trade be done in the direction of the trend and not the other way around.

By following the trends, Ichimoku can prevent you from entering the wrong market. Well, so far we have provided you with a dinner table with a mix of indicators. Let’s see how we can put together everything you have learned…


Labels: Order to build a Forex robot , Build a stock trading robot , Build a trading robot , Trader robot design , Free Forex Robot , Forex robot programming , Forex Expert Making Tutorial , Build a trading robot with Python , Download Forex Trading Robot , Buy Forex Trader Robot , Automated Forex Robot , Free stock trading robot ,  Learn how to build a Forex trading robot , Alpari trading robot , Forex robot for Android ,  MetaTrader robot design , MetaTrader robot programming , Forex robot design , Forex robot programming , Automated trading