What is Ichimoku Kinko Hyo?

Ichimoku Kinko Hyo

chart

system

balance(
English

ichimoku

One glance equilibrium chart

one glance

kinko

balance or equilibrium

chart

History of Ichimoku trading system

Ichimoku system
developed

Goichi Hosada
1968

public

(genius)
Ichimoku

Ichimoku trading system

Ichimoku

Goichi Hosada

built-in indicator

Hyo

....???

Ichimoku

system
100%

...

Ichimoku

system

Tanken Sen, Kijun Sen, Chikou Span, Senkou span A

Senkou span B

Components of the Ichimoku trading system

Ichimoku

Tanken Sen: (highest high of the past 9 period+ lowest low of the past 9 period)/2
(candle)
Tanken Sen
momemtum

turning line , conversion line

Tanken Sen

Tanken Sen
support, resistance

short time

Picture of Tanken Sen

Kijun Sen: (highest high of the past 26 period + lowest low of the past 26 period)/2
(candle)
Kijun Sen

standard line, refrence line

momemtum
Tanken
Kijun

Kijun Sen

Kijun Sen

medium range

support, resistance

Kijun
market

equilibrium

price
entry, exit

Kijun

Ichimoku

Picture of Kijun Sen

Kijun
Kijun

Chikou span: Current price shifted back 26 periods

.
span

(candle)

lagging line

Picture of Chikou span

Senkou span A: (Tanken Sen + Kijun Sen)/2 shifted 26 periods ahead

Tanken Sen

Kijun Sen

Senkou span A

(candle)

leading or preceding line 1

Picture of Senkou span A

Chikou

Senkou span B: (highest high of the past 52 periods + lowest low of the past 52 period) /2
shifted to the 26 periods ahead
Senkou span B

period
Senkou span B

(candle)

Senkou span B

leading or preceding line 2

50% Fibo retracement level

Picture of Senkou span B

Senkou span A
kumo
Tanken Sen

Kumo cloud

Ichimoku
T Kijun Sen

kumo

support,resistance

component
K Chikou span

C Senkou span A

kumo

Picture of components of Ichimoku

Characteristics of Ichimoku Kinko Hyo

-Trend-based system.
Ichimoku

trend

system

-Minimize losses when you are wrong. Maximize profits when you are right.
Ichimoku

order

-Works in all timeframes and all markets.

Tmieframe

market

-You can see stop and profit targets in Ichimoku.

Ichimoku

sl ,tp

-Can see market momentum, supports/resistances, entries/exits, sl/tp, trend, market bias at

a glance.
Ichimoku system

chart

market momentum,

supports/resistances, entries/exits, sl/tp, trend , market bias

Signals of Ichimoku
signal
Ichimoku
... system
...
risk

reward

trading

... trading

...
sorry

...

Bullish signal
-price

Kumo(cloud)

..

... Ichimoku system

price

-T(Tanken)
Tanken

cloud

bullish

K(Kijun)
Kijun

cloud

strong bullish signal

weak bulli

cloud

medium stergth signal

(bullish)

-Chikou span

price

Chikou
period

cloud

price

period

bullish

(default setting

-cloud
senkou span B

( senkou span A

Cloud

bullish ,
bearish

bullish (

Picture of bullish Kijun bounce trade

Bearish signals
-price
price

kumo
cloud

-T(Tanken)

bear(

K(Kijun)

T,K crossover

cloud

Tanken

cloud
cloud

Kijun

weak bearish signal

medium

stergth

signal

(bear)

--Chikou span

price

Chikou
period

price

period

-cloud

bearish

senkou span B

(default setting

( senkou span A

Cloud

bullish ,
bearish

braeish (

Picture of bearish kumo and kijun break trade

Entry, Exit
Entry,Exit

Ichimoku

money management
break, Kijun

Entry

Kumo break, kumo bounce, Kijun

bounce, T/K crossovers,

Exit
Tenken

order

Kijun

execute

Market equilibrium at Kijun sen

price
order
Kijun
reward

Kijun

Kijun

Kijun
Sl

price

price
risk

Support , Resistance of Ichimoku

Ichimoku
Bull market
Support 1= Tanken sen
Support 2= Kijun sen
Support 3= top of the kumo cloud( Senkou span A)
Support 4= bottom of the kumo cloud( Senkou span B)

Bear market
Resistance 1= Tanken sen
Resistance 2= Kijun sen

Resistance 3= top of the kumo cloud( Senkou span A)

Resistance 4= bottom of the kumo cloud( Senkou span B)

support / resistance

level

zone

Conclusion
Ichimoku system
setup

By

Ichimoku

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www.zaw-fx.com
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trade

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