MohSalehian

ichimoku cloud- Part 1

FX:XAUUSD   黃金現貨 / 美元
just talking about iichimoku base

skip from how this japanese indicator will calculate and focusing on how we can use this powerful indicator

sorry

1- let to consider base line
(BL) and convention line(CL) are EMA, BL is fast and CL is slow. so all the rules of EMA's are applicable for these lines also.
2- lagging line (LL) is a line chart just 26 candle back. i mean if you see the chart in line chart mode it will plot a line for you, now shift it for 26 candle back so you have LL. lagging

3- the color of the cloud is not important just take long above the cloude and take below the cloud.

4- just whach when the price is inside the cloud.


the first simple strategy is here, now let to backtest.....

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