90% SUCCESS RATE?! Debunk "Too Good To Be True" Chart Patterns with TradeDots. Trading is a complex subject that can be difficult to fully comprehend. It goes against our natural inclination
Kinkou = "Balance, equilibrium". Hyo = "Chart, Graph". The Ichimoku cloud strategy attempts to identify a probable direction of price. It helps the trader determine the most suitable time to enter and exit the market by providing you with the trend direction.
Ichimoku Kinko Hyo success rate. If it moves horizontally, it signals that the market is ranging. The Ichimoku Kinko Hyo indicator was originally developed by a Japanese newspaper writer to combine various technical strategies into a single indicator that could be easily implemented and interpreted.
Ichimoku Kinko Hyo has many functions: it can confirm a trend, determine momentum, help place support and resistance levels and give buy/sell signals. To confirm a signal, you need to find a proper additional indicator.
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ichimoku kinko hyo success rate