i want to know Ichimoku Kink Hyo indicator. i already read this indicator article in metaquotes website but i could not understood so please explain me how to use this indicator in daily charts.
You may read about this indicator here https://www.mql5.com/en/forum/172986
i read total article but i have some doubts please clarify sir. i upload usd/chf daily chart with ichimoku indicator.
in this indicator market price is 1.3081
tenken sen value is 1.2911
kijun sen value is 1.2820
chinkou span value is 1.3081
senkou span A value is 1.2801
senkou span B value is 1.2899
according to ichimoku rule market price is above the cloud then it goes to down side am i correct or not. just tell me. if it is not correct what is the strategy tell me. and how to price curve?
this indicator is useful for metals and cfds or not tell me
On this thread
you will find all the explanation and examples. There are explanations of each line and all the rules about how to trade, which timeframe etc.
I also wanted to place the trades (to trade in real time) but did not have a time. I am still thinking to trade by Ichimoku but i am affraid a little because it is really difficult to trade by Ichimoku indicator even on D1 timeframe.
All the rules are on the thread above.
the page could not opened
I fixed the link
i already read but i have some doubts about that indicator in that indicator how to find price curve please tell me and it is also useful for stocks and commodities or not. and how to find buy and sell signals please explain me once again sir please .
Using Chimoku with Alligator
I am using Chimoku indicator but always with Bill Williams Alligator. The Alligator tell me to be prepare and the Chimoku tels me when to buy.
See the pics. I am using them together, but to make the pics clear I separate them
It works great.
It is very classical and very traditional indicator.
It was created not for the forex from the beginning and you may use ot for the stocks etc.
On the link which I gave above you may find several posts with the explanation about how to use this indicator and where to buy and sell.
It is not simple indicator. To explain where to buy and to sell it is necessary to repeat the above mentioned thread once again.
Read this thread from the post #1.
Many people asked me to continue this Ichimoku thread. I did not forget about it and I plan to continue with some examples and trading. Because this Ichimoku indicator is as trading system with good winning probability. But it is not enough to know how to trade. It is necessary to have experience as well. I know that few people are trading with this indicator live with very good results during the many years already. And I know that it is very stylish to trade using this indicator.
Great thread, taught me plenty about this indicator. One desperate request...is there a sound alert out there somewhere for a crossing of Tenkan-Sen & Kijun-Sen? One I could edit with my own 'Wav.' sound would be great.
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