In the 60's, the inventor of this indicator, I present the five elements that comprise: 1. The Tenkan Sen: You must develop a mathematical operation, adding the largest number and the lowest low divided by two. The Tenkan is calculated over the last seven time eight journalists. 2. Chikou Span: Evolution of the current price during the 26 periods have elapsed. 3.
The Kijun Sen: Calculated as the sum of the number higher and lower value divided by two. Although the calculation is similar, the Kijun is calculated over the last 22 periods. 4. Senkou Span A: The sum of the Tenkan Kijun Sen Sen and divided by two. Calculated for 26 periods ahead. 5.
Senkou Span B: The sum of the largest value and the lowest low divided by two. This operation is taken in the last 44 periods of time and represents 22 periods for the front. In these calculations you can change the data of periods, as this is only an initial guide. Related Group oftentimes addresses this issue. How to correctly interpret the indicator Ichimoku? At the time of operation, if you use the Meta Trader platform, you will notice that when applying this indicator will form a cloud shaded lines that can be later analyzed by the operator. Also show the areas covered by each of its five components, filling them with a shadow or lines. For example when a price is above the cloud, the tendency is upward, if the opposite happens and is located below the cloud is down and then when it is within the cloud will mean that there is no fixed trend, ie the trend is continuing.