Blog : Ichimoku Cloud Indicator
Ichimoku Cloud
Ichimoku Cloud: The Ichimoku Cloud is a package of multiple technical indicators that signal support, resistance, market trend, and market momentum. It combines several insights into one indicator, making it complex at first glance but widely used among professional traders and market participants.
| Ichimoku Cloud Inputs | |
|---|---|
| Conversion Line Length | 9 |
| Base Line Length | 26 |
| Lagging Span Length | 52 |
| Displacement | 26 |
| Long - Entry Trigger | Long - Exit Trigger | Short - Entry Trigger | Short - Exit Trigger |
|---|---|---|---|
| (Price is Above Cloud) and (Cloud is Bullish) and (Conversion is above Base) and (Lagging span is above the Cloud) | Projected Cloud Shifts to Bearish | (Price is Below Cloud) and (Cloud is Bearish) and (Conversion is below Base) and (Lagging span is below the Cloud) | Projected Cloud Shifts to Bullish |
| Long - Entry Confluence | Long - Exit Confluence | Short - Entry Confluence | Short - Exit Confluence |
| (Price is Above Cloud) and (Cloud is Bullish) and (Conversion is above Base) and (Lagging span is above the Cloud) | Projected Cloud is Bearish | (Price is Below Cloud) and (Cloud is Bearish) and (Conversion is below Base) and (Lagging span is below the Cloud) | Projected Cloud is Bullish |