Ichimoku Cloud Indicator Mt4 ~ Tenkan Sen Indicator Mt4. The ichimoku signals cloud forex indicator for metatrader 4 is an advanced ichimoku trading indicator with some additional moving average crossover trading signals. It uses multiple time frame analysis to ensure signals are with the long term trend. The ichimoku cloud is also known as ichimoku kinko hyo. It also identifies trend direction, gauges momentum and provides trading signals, which is translated into one look equilibrium chart and chartists can identify the trend and. It provides a clearer picture of price action at a glance.
Ichimoku kinko hyo (ikh) (japanese一目均衡表, ichimoku kumo (雲, cloud) is the space between senkou span a and b. The author originally developed the program for the participants of the japanese stock market. 'the ichimoku cloud', also known as ichimoku kinko hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. The cloud edges identify current and potential future support and resistance points. So this indicator can be termed as all in one indicator.
