Anybody here trades with ichiclouds

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1

HI,
I see actionforex website give forex signals and one of the ways that they give signals is with ichiclouds clouds.
anybody here trade with them?If so, What is your idea about it?Is if works fine?

Thanks

2

They work fine and if you add MFI to the chart it’s even better.

3

@ bishnitz, pls could you please tell us what the MFI is and how it is used with the ichi clouds.

4

What is MFI ?

5

MFI is Money Flow Index, it’s a volume indicator and it helps to find when to exit or enter trades with the Ichimoku clouds. MT4 has MFI with two levels at 20 & 80 but you can add 30 & 70 for better visualization. The levels are for overbought and oversold. Use lower time frames once you have a trade on like M1 and M5 or M15 to enter one.
Happy New Year and Happy Trading