The Ichimoku Strategy is a based off the Japanese technical indicator developed by a Journalist in the late 1930s. Ichimoku is a moving average-based trend identification system and because it contains more data points than standard candlestick charts, it provides a clearer picture of potential price action. The main difference between how moving averages are plotted in ichimoku as opposed to other methods is that ichimoku's lines are constructed using the 50% point of the highs and lows as opposed to the candle's closing price. (Wikipedia).
Welcome to the Swing Trading Diary
Welcome to the Swing Trader Diary. Each month we will be testing out new swing trading strategies and highlighting the pros and cons. The diary aims to demystify common and not so common strategies and how they are used by professionals. Some of the points touched on include curve fitting, execution, automated vs manual and risk management.
More Details
https://www.blackwellglobal.com/swing-trader-diary-ichimoku-strategy/
Welcome to the Swing Trading Diary
Welcome to the Swing Trader Diary. Each month we will be testing out new swing trading strategies and highlighting the pros and cons. The diary aims to demystify common and not so common strategies and how they are used by professionals. Some of the points touched on include curve fitting, execution, automated vs manual and risk management.
More Details
https://www.blackwellglobal.com/swing-trader-diary-ichimoku-strategy/