Explanation of the Ichimoku Kinko Hyo Strategy Index

Ichimoku index calculates and monitors market prices and extracts expected support and resistance areas in the future. It consists of five lines and it works together as one system and each line works according to a mathematical system and a period of time is considered an integrated system by itself you can get it from the mt4 platform for free and it works with default settings for five lines and is called

1- Chikou Span line , joking behind 26 candles and green color in the default colors of the index

2- Tenkan Sen line This line helps the system to identify expected future prices and is indicated in red on the indicator

3- Kijun Sen line This line also helps in identifying the direction of future prices and it is indicated in blue on the indicator

4- Senkou Span A line is one of the cloud lines called kumo, and this line is considered as support and resistance

5- Senkou Span B line, which is the other line of the kumo cloud, and with line A the cloud cloud of the index

Kumo cloud:

It crosses as a center of attraction for the price and a detailed level of prices where the farther away the prices are, they return to the cloud again for testing and the cloud is made up of two Cinco Span A and B lines, and they are joking with a distance of 26 future candles.

There are many ways to use the index as an integrated system individually to work on, and we review four methods of trading, which are the most popular and months among traders.

The first way? The head of the shinkosban

Working to take deals based on the Shinko Span line and this strategy is called (Ras El-Shinko), which is suspending future contracts on top of the Shinko and vice versa in the event of a break as the Shinko head level represents an important support and resistance line and often will be a central level of prices as shown in the picture The levels of the Shinko For the prices, you can review the index on the platform and make a theoretical backtest for the heads of the shinko. This method is characterized by a small stop loss and large goals.

Th