Terekhov Ichimoku trading system as a basis

2nd edition

This indicator coined the Japanese analyst Hosoda, Published under the pseudonym Ichimoku Sanzhdin. The indicator is included in some of the popular software suite for technical analysis, but the literature in European languages \u200b\u200bit almost impossible to find. Our publication is intended to rectify this gap somewhat. Ichimoku Kinko Hyo (full name of the indicator) is designed to determine the market trend, support and resistance levels and to generate buy and sell signals. This indicator works best at weekly and daily charts. Any line Ichimoku instantly responds to the emergence of a new extremum for its time range. There was no delay there. It is convenient to use as a trend signal. This property has another little common indicator - Arun. Each line represents a level of Ichimoku favorite volnovikami 50% retracement of the price movement. Here it is good to join the trend, the beginning of which you missed. If you look at the line Chinkou Span, then we recognize his old friend - momentum. Price is compared with itself a certain time period ago. So, we have a multi-faceted indicator combining indicators of the trend, the levels of possible kickbacks, support and resistance, and the oscillator. Sophisticated trading system that combines a variety of approaches. The masterpiece, the like of which we do not know!