Ichimoku

 https://www.youtube.com/watch?v=pqgGvXsjA40

1) coversion line - kid -- stic to price and turns to direction - blue line 

2) Base line - slow -- redcolor - father -- price always come back to base line that means conversion line comes back to the base line -- 

3) price above cloud -- strong buy  - price bellow cloud -- strong sell zone -- price inside cloud -- notrade or no direction zone -- 

1) price must be above the cloud --

2) conversion line must cross base line ... 

3) past line should be top of all prices (doubt)

4) stop loss bellow base line -- 

5) dont trade when price is in the cloud

6) start trading when a bar full body closed above cloud - 

7) thic cloud -- price stays in side for long -- difficult to cross -- 


convertion line is shorterm line .. 9 period

base line is long term line .. 16 period

when short crosses long above then up trend -- bellow down trend -- 


Comments

Popular posts from this blog