Ichimoku cloud

Lines and a shaded cloud that show the trend at a glance

In detail

Ichimoku reads the market through five lines and a shaded band called the cloud. Price above the cloud is taken as buyers in control, below it as sellers. The thickness of the cloud suggests how likely price is to stall there. With five lines it takes more learning than most indicators.

Example

The base line is drawn as the average of the high and low of the past 26 days.

Related terms

Moving average Support and resistance Trend line

Read in the app (App Store)

For learning, not investment advice. Decisions are your own.