I’ve noticed reading market analysis from “the pros” that Ichimoku is used a lot when explaining the current state of a currency paid. Why is that?
Is Ichimoku something taught professionally in the industry, or does it have some other power I don’t know about?
I see it in Reuters articles, Forexlive, fxstreet, etc.
Is Ichimoku like one those indicators you just have to know?
Ichimoku used by professional traders.
Firstly, since when is the media also professional traders?
But I have an understanding that at least some professional traders will use the Ichimoku cloud on their charts. Especially when it comes to Japanese related trades because. But unfortunately myself personally, I have no idea because I have only read in a book by a former professional trader that it was used in Japan.
As with everything related to technical indicators, the Ichimoku cloud doesn’t have any special powers, but rather it is a very quick way to see with a glance if the dominant trend is bullish or bearish.
Can we list here about the ways to use Ichimoku? Later, I will compose an EAto evaluate the winning rate
I have tried many different methods to use Ichimoku with no good one. It’s good only to detect trend. 
Maybe I’m using the word “pro trader” too loose.
Should I say working professional? These guys watch and analyze charts as their job. That doesn’t mean they’re pro traders, so you’re right. But I would still describe them as pros.
The Ichimoku indicator is a Japanese charting technique used in Forex analysis to gauge momentum, volatility, and trend direction. It’s a comprehensive system that combines multiple indicators to provide a detailed analysis of the market. This makes it a valuable tool for traders and analysts to identify potential reversals, support and resistance levels, and trend confirmations.
So a bit of everything. Do you use it with any success?
Because it’s great tool it provides lots of insight about where price may reverse but definitely should be used as complementary tool not the main one.
Tried it tested all variables , when applied to sma 20 and sma 150 delivers best results but is at 70 percent win rate at best
Not for me
I might have another look at it. Again, don’t want to jump around too much from what I’m focusing on now. But its gotta have something with all these people raving about it.
https://ctrader.com/algos/indicators/show/2535/
Big boys use this one I was at the forum when it was released
Make sure to apply sma 150 and 20 