The Chikou Span

Chikou-confirm

The Chikou span is a component of the Ichimoku Kinko Hyo which can be used to pick out bearish and bullish signals. It is given a default green colour on the MT4 chart, and is derived from the close of the current price candle plotted 26 periods backwards. It is a therefore a perfect mirror […]

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Ichimoku Cloud Trading In the Forex Market

Ichimoku Cloud Components

The Ichimoku Cloud, also referred to as a one glance equilibrium chart, increases the probability of trading drastically. How so? It isolates higher probability trades in the Forex market by excluding more false signals requiring greater confirmation prior to generating a signal. The Ichimoku Cloud does this by integrating three signals into one chart, enabling […]

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