Ichimoku Kinko Hyo Indicator

Beginner Questions
1

Hi guys, Am new to forex trading. Yet still I know that there is no perfect indicator in the world. Yet still am in the process of coming up with a conversent trading system to fit my personality. However it would be great if anyone out there would give a tip on how best to use the Ichimoku indicator and or with which other indicator will I get perfect results for day trading.

2

You won’t get PERFECT RESULTS with any indicator, it doesn’t exist

1 Like
3

Thanks for the thumbs up. Any tips?

4

YES…
Test certain indicators that appeal to you

Use the one’s that work
discard the ones that don’t

i could tell you what i use, but … that’s pointless, because it’s what works for me, you need to figure out what works for you

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5

These may help:-

http://forums.babypips.com/newbie-island/75436-ichimoku-ea.html

http://forums.babypips.com/free-forex-trading-systems/81862-good-trading-conditions.html

http://forums.babypips.com/free-forex-trading-systems/74097-very-efficient-simplified-ichimoku-system-3.html

http://forums.babypips.com/newbie-island/80639-bollinger-bands-vs-ichimoku-cloud.html

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6

Am still abeginner so am pretty sure a little digging won’t hurt…i have to research on a diverse variety of indicators

7

Hi Partic,

Ichimoku Kinko Hyo is a wonderful investment system and you can’t go wrong about it. Goichi Hosoda spend 50 years developing and describing his founding in 7 books so there is plenty of knowledge for every serious investor.
I would recommend for you to watch my Video YouTube on the topic where I describe not only the Ichimoku indicator but as well 3 Theories.
You’re more then welcome to ask any questions.

Regards,
Rafal Zuchowicz

2 Likes
8

https://www.tradingview.com/x/4Li61uti/

How do you spot these fake breakouts? I would’ve entered this trade as all signals where bullish but few hours later the price went straight down. Anyone have a clear answer to avoid this?

9

Ichimoku consists of the chart indicator, Time theory, Wave Theory and Price target theory, from what I see you’re looking only on a chart and Indicator which will not bring you much success, this is not compete Ichimoku.
Solution one: Understand where the market is and where is it going to avoid trading in the wrong direction
Solution Two: change your settings for H4 to
7
28
119
This should eliminate most of the false breakouts for your style of trading.
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either way good luck to your trading.

1 Like
10

How do I join the ichi club? Most traders say to never change the ichi values as they are universal across all timeframes? I want to learn so that i can avoid entering in the future. And whats your youtube channel where i can check out your videos on ichi?