The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile technical analysis indicator that provides an integral view of the market. Use the Ichimoku Cloud trading strategy to find trends, support and resistance levels, and potential reversal points. Start trading. Table of contents. Trading conditions for the Ichimoku Cloud strategy.
Ichimoku Kinko Hyo is a unique instrument that let traders carry out a full technical analysis of the market without additional indicators. It helps define the trend on the market and find the closest support and resistance lines. Working with the indicator, traders have to follow serious rules that exclude intuitive positions.Ichimoku Cloud, or "Ichimoku Kinko Hyo", is a moving average based chart indicator that visualizes the market's direction, momentum, and support/resistance levels. Using TrendSpider's advanced backtesting engine, we scientifically tested Ichimoku cloud accuracy, settings, and success rates.
This strategy got a 47 percent approximate win rate, and Beep Boop had a 48 percent approximate win rate. So in the Win Rate Category, it gets a 5.8 out of 10 just like the Beep Boop Indicator. In the easy-to-use category, it gets a 5.5 out of 10.iLkXR.