Lots of individuals use ichimoku using the standard settings, therefore there is an advantage. On the other hand M.A's are used in a million ways, some people today adapt it to better describe past market movements hoping it'll do the same in the future. The two lag, but ichimoku has a upcoming cloud that twists every new cycle. Even if they lag they may ch one or two good tendencies (don't use them as signals).
The ichimoku indior is a great instrument to operate in forex, at first it costs to apply it, but over time it reveals you very good income choices.
Thanks for your answers guys.
How I see it, Ichimoku is most suitable for those who would otherwise use multiple moving averages in 1 chart which provides more data/information and confirmation. So whether one uses a straightforward MA or Ichimoku, the two ways are good depending on how one transactions.
Exactly each one has its own operative of operation so both are very good depending on the surgical or egy that you would like to implement.
Hi, you're right. It depends on the trader and the egies. Earlier I went as far as trying 2 random EA's as I had the exact same query. I tested an adapted ichimoku ea vs a simple MA ea. Both did horribly over the long term. Long story short, both these systems need individual plogy and also egy to become more profitable within my opinion.Originally Posted by ;
A good compromise is to utilize the Ichimoku Moving Average.
P.S.: a Fantastic Ichimoku ribbon:Ichimoku Forever (with a few Fantastic PDF)
https://www.nigeriaforextrading.com/...n-trading.html
I dunno why but the ichimoku matter is easily the most perplexing to me from the more popular indiors.
I just dont get, what information that this item can give me PA lonely cant.
Men I began to utilize Ichimocu recently on 4H graph and for today I have some decent results making me feel much more comfortable. However, I discovered something with this particular system making me feel just a bit unsure what I am doing.
I exchange usually on 4H but in order to confirm trend and its turnaround I use vitamin, W and Monthly. (I exchange on extended terms). Usually and especially with trend breakouts 4H is giving signs who can be evident for entering trade, but W and D give signs showing the price is heading for correction and it may take management against me. After being trading corrections for some time I really don't feel comfortable anymore doing this and would like to do trade on the ideal direction rather than waiting for the trend to return with negative position.
Should you require example it is possible to check the attached images. One of these obviously shows the indiions for turning the trend (4h) graph and another one (D) shows that the price will be quite far from the cloud and in this case Ichimocu does not advise entering into trade. As a matter of fact that the next one(W) shows breakout from bullish cloud that can lead to powerful downtrend to lower levels of 79 and below.
Now it is clear that this is looks like retraction on 4H and D and may be downtrend on W but my question is: Can you consider longer terms when you utilize Ichimocu?
What is your view? What are the benefits and disadvantages?
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