Ichimoku Kinko Hyo

Ichimoku kinko hyo (cloud map indicator)

Cloud Maps, or target balanced table indicators (Ichimoku
Kinko hyo), IKH for short. This indicator is named Ichimoku
Sanjin's Japanese reporter invented it in the 1930 s. It is an indicator that shows market trends, trend strength, support/resistance, and sales signals. It is generally used in Japanese and weekly charts, if it is short
Transaction, the effect is not good for a long time. It consists of five lines of different colors.
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Tenkan-sen
-Turning line: here we refer to the T line (Red Line) for short. The T line is mainly used to measure short-term power. The general default value (which can be changed) is 7-9, it generally corresponds to the Kijun-sen-baseline (referred to
K-line) used together to predict the power of the future. The formula is T-line = (the highest price in the default period-the lowest price in the default period)/2
Kijun-sen
-Baseline: here we refer to the keline (Blue Line) for short. The keline is mainly used to measure the power in the middle. The general default value (which can be changed) is 26, which is the difference between it and the T-line, it is generally used together with the T-line
To predict the future power. Its formula is the same as that of the T-line. Key line = (the highest price in the default period-the lowest price in the default period)/2
Senkou Span
-Going online first: here we referred to as line A (sand brown line), which is used to measure power and support/resistance zones in the future. It and line B are in A group. The areas surrounded by lines A and B are called clouds.
(Kumo) When line A is under line B, it is A downward trend. When line A is above line B, it is an upward trend. When line A and line B are crossed, there may be a reversal. Its formula is line A =
(T-K line)/2.
Senkou Span B-go offline first
: Here we are referred to as "B", which is used to measure power and support/resistance zones in the future. Line A and line A are in A group. The areas surrounded by lines A and B are called clouds (kumo ).
When the line is above, it is A downward trend. When the B line is below the line, it is an upward trend. When the and B lines are crossed, there may be A reversal. Its formula is the same as that of T-line and K-line. Line B =
(The highest price in the default period-the lowest price in the default period)/2, note that its default parameter (which can be changed) is generally 52,
Chinkou Span-Delay Line: here we refer to it as the "C" Line (Green Line). It draws the current price on the line chart before 26 time periods, with the aim of generating the signal of the transaction.
IKH indicators are analyzed as follows:
T online wear of the k line, the price on the cloud, the C line on the closing price, is the strongest buy signal
The T-line uses the key line, the price is under the cloud, and the C-line is under the closing price, which is the strongest selling signal.
T. Online wear of the key line, the price in the cloud, is a common purchase Signal
T is wearing a k line offline, and the price is in the cloud. It is a common selling signal.
T online wear of the k line, the price under the cloud, is a weak buying Signal
T. Online wear of the key line, the price on the cloud, is a weak selling Signal
In addition, Cloud Maps appear before the price, so it shows possible support/resistance zones in the future.
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Cloud Maps are analyzed as follows:
If the price is above the cloud map, the cloud goes online as the first support level, and the offline is the second support level.
If the price is under the cloud map, the cloud goes offline as the first level of resistance, and the cloud goes online as the second level of resistance.
If the price is between cloud maps, the launch of the cloud is the resistance level, and the offline is the support level.