


Before we break down the components of the indicator in a clear and relatable manner, there are a few helpful things to understand. The creator of the indicator, Goichi Hosada, introduced Ichimoku as a “one glance” indicator so that in a few seconds you are able to determine whether a tradable trend is present or if you should wait for a better set-up on a specific pair. Ichimoku is a technical or chart indicator that is also a trend trading system in and of itself. That indicator is Ichimoku Kinko Hyo or more casually known as Ichimoku. The answer has never wavered as there is one indicator that clearly illustrates the current trend, helps you time entries, displays support and resistance, clarifies momentum, and shows you when a trend has likely reversed.

Ichimoku Cloud (based on The Definitive Guide to Trading Trends with Ichimoku Cloud article) Many traders are asked what indicator they would wish to never do without.
