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Japanese trading indicators are among the most successful globally, so it's no surprise that they are also often the number one choice.
IchimokuLines is a relatively new indicator that, as the name suggests, is based on the well-known Ichimoku, but unlike its predecessor, this one is a bit more refined.
- Trend indicator
- User Intensity: Medium
- Usability: Forex, Commodities, Stocks
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
IchimokuLines offers a considerable number of ways you can trade with this indicator. For example, the most common way is to enter/exit based on crosses or when the price gets above/below one of the lines. That being said, there are a number of possibilities and it is therefore up to each trader to decide what style they ultimately choose or reinvent.
Download IchimokuLines from the button below
