ichimoku kinko hyo (a.k.a. ichimoku cloud). tenkan-sen ( turning line) ichimoku kinko hyo (a.k.a....

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Tenkan-sen (Turning Line)

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Kijun-sen (Standard Line)

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Senkou Span A

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Senkou Span B

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Senkou Span A

Senkou Span B

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Chinkou Span (Delayed Line)

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Tenkan-sen (Turning Line)

Kijun-sen (Standard Line)

Senkou Span A

Senkou Span B

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Chinkou Span (Delayed Line)

Tenkan-sen (Turning Line)

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Tenkan-sen (Turning Line)

Kijun-sen (Standard Line)

BUY SIGNALWhen the “Turning Line” crosses the “Standard Line” from below.

BuyBuy

Buy

Tenkan-sen (Turning Line)

Kijun-sen (Standard Line)

SELL SIGNALWhen the “Turning Line” crosses the “Standard Line” from above.

Sell

Sell

Senkou Span A

Senkou Span B

Ichimoku Cloud

The “hatched” area between the two Spans forms the cloud.

Ichimoku Clouds

1. Support

2. Resistance

3. Trend

Senkou Span A

1st Support Level

Senkou Span B

2nd Support Level

Support

When price is above the cloud the upper & lower spans form the first and second levels of support.

Senkou Span A

2nd Resistance Level

Senkou Span B

1st Resistance Level

Resistance

When price is below the cloud the upper & lower spans form the first and second levels of resistance.

Trend

1. When price is above the cloud, the trend is up.

2. When price is below the cloud, the trend is down.

Tenkan-sen (Turning Line)

= (Highest High + Lowest Low) / 2, for the last 9 periods

Kijun-sen (Standard Line)

= (Highest High + Lowest Low) / 2, for the last 26 periods

Senkou Span A= (Standard Line + Turning Line) / 2, projected 26 periods forward

Senkou Span B= (Highest High + Lowest Low) / 2, for the past 52 periods, projected 26 periods forward

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Chinkou Span (Delayed Line)

Tenkan-sen (Turning Line)

Kijun-sen (Standard Line)

Senkou Span A

Senkou Span B

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Chinkou Span (Delayed Line)

Tenkan-sen (Turning Line)

Kijun-sen (Standard Line)

Senkou Span A

Senkou Span B

Ichimoku Kinko Hyo

(a.k.a. Ichimoku Cloud)

Chinkou Span (Delayed Line)