I’m a big fan of Ichimoku Kinko Hyo indicator. I took some time to understand this indicator but I must say this is the complete indicator in itself. Hat’s off to genius to developed it. Although this indicator is in-built in MetaTrader software, but I use another one, which offers not only source code but also some options on screen. I’m not the original coder of this indicator. So, all copyrights and credit goes to original coder.
This is the screen shot of this indicator in action.
At first instance, the screen sounds may complex. But trust me, this will look like normal after you fully understand.
I’ll soon post series of tutorials on ichimoku indicator.