In this topic I try to talk about Ichimoku behind and why we can see it both easy & complex.
Then I will show how we can simplifying the complex things.
In Ichimoku we have few concepts like numerical and conceptual variance, order flow and trend, the complexity of price action and …
By examination of each Ichimoku strategy, we can turn a light on a concepts.
Ichimoku method is the art of filtration the unstable parameter… Price
The 5 lines of Ichimoku need some modifications without any doubt in my opinion.
If I decide to talk about one of the most important of them, you would hear a lot about Chinko line…
Chinko is based on the close of candles. Although close of each bar is a very important parameter specially in daily time frame, if we replace it with a Kj line with a backward shift, we will see better harmony between past with the present and the future(Chinko-Kj/Ts-Kumo). Also, it will do better filtration than traditional Chinko line.
Ok about variance,
we start with numerical variances as a part of Ichimoku time theory. It’s more like Bollinger bands method.
This is the first look to wave
And this is the first look to the standing point
This is the indicator that I’ve prepared for all Ichimoku system.
Enjoy that.
Ok finishing the time theory at this level,
we have long set and short set.
now a very important key point,
after trend recognition we should ask, how we can count a wave?
well when I just get 1 like, it says something.
we will go somewhere uncontrollable…
Continue reading this topic here…