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technical_indicators:ichimoku_cloud [2021/05/20 21:44] betseyp |
technical_indicators:ichimoku_cloud [2021/05/20 21:53] betseyp [Introduction] |
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| The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. Ichimoku Kinko Hyo translates into "one look equilibrium chart". With one look, chartists can identify the trend and look for potential signals within that trend. The indicator was developed by journalist Goichi Hosoda and published in his 1969 book. Even though the Ichimoku Cloud may seem complicated when viewed on the price chart, it's actually a rather straightforward indicator; the concepts are easy to understand and the signals are well-defined. | The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. Ichimoku Kinko Hyo translates into "one look equilibrium chart". With one look, chartists can identify the trend and look for potential signals within that trend. The indicator was developed by journalist Goichi Hosoda and published in his 1969 book. Even though the Ichimoku Cloud may seem complicated when viewed on the price chart, it's actually a rather straightforward indicator; the concepts are easy to understand and the signals are well-defined. | ||
| - | {{:technical_indicators:ichimoku_cloud:ichimoku-intro.png}} | + | {{:technical_indicators:ichimoku_cloud:ichimoku-intro.png}}\\ |
| + | [[https://stockcharts.com/h-sc/ui?s=VZ&p=D&b=5&g=0&id=p95956825276&a=956702515|Click here for a live version of this chart.]] | ||