Hi all! I am currently on the development phase of my trading system. I am tingkering with Ichimoku Kinko Hyo as my new trading system. The ‘Signal’ part of my system is still in the works and I’m torn between Ichimoku’s components on which component will be the more effective signal system and I’d like to hear from the more experienced members on what aspects of its signals do you use?
(1) Tenkan Sen Kijun sen crossover (+Chikou span and Kumo confirmation)
(2) Price breakout of the Kijun Sen (+Chikou span and Kumo confirmation) (This is my current pet in my test)
(3) Price breakout of the Kumo
(4) Senkou span crossover (Kumo twist) (+Chikou span confirmation)
(5) Price crossover Chikou span (Yeah, this is more than for confirmation afterall)
I would be happy to hear feedback from the veteran users of this system. Which component do you rely on more? Thank you very much!