Heiken Ashi also seems to be a clever indicator for repainting the past. I think the asians have something going over there.
Candlesticks
Ohh and did I mention candlesticks lol
Yes we have many people using Ichimoku with many variations.
Look at the following.
Ichimoku chart/system with forecasting possibility:
- thread (with explanation, market condition estimation and forecasting) is here and here (how to trade, where to place stop loss/take profit, how to estimate market condition, how to forecast the price movement and so on).
- we have many templates for Ichimoku charts posted on 3 threads (two threads are on links above + one elite section thread concerning asctrend M5 system),
- indicators are here,
- MTF Ichimoku indicators is here.
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Just curious... how many of you follow the paradigm of ichimoku trading and are profitable?