Ichimoku Indicator and Forex strategies

A detailed overview of Ichimoku Kinko Hyo indicator and trading strategies

1. History

The Ichimoku Kinko Hyo, or Ichimoku for short, is a standard trend indicator included in the list of built-in indicators of the Meta Trader and other trading platforms.

The Ichimoku technical indicator was developed by Goichi Hosoda, a Japanese journalist, in the late 1930s. The analyst published his article in the trading journals, he was used to be known as Ichimoku Sanjin. 

The technical analysis indicator was named after his pseudonym. The original aim was to predict the trend of the Japanese major stock index Nikkei. The…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>