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2.9Ichimoku Kinko Hyo, or Ichimoku Cloud, is a technical indicator that is used to gauge momentum along with future areas of support and resistance. The all-in-one technical indicator is comprised of five lines called the tenkan-sen, kijun-sen, senkou span A, senkou span B and chickou span. The Ichimoku indicator is best used in conjunction with other forms of technical analysis despite its goal of being an all-in-one indicator. The Chikou Span, also known as the Lagging line, is the closing price plotted 26 trading days behind, i.e. into the past, providing an at-a-glance view of how the price compares to that 26 days ago. The Chikou Span Cross signal occurs when the Chikou Span (Lagging line) rises above or falls below the price. The strength of the signal is determined by the relationship of the price on the date of the signal (not the trigger) to the Kumo (Cloud). Easy Chikou Span provides a comprehensive dashboard that allows you to view the BUY/SELL signals generated for up to 37 instruments across 6 timeframes (M5, M15, M30, H1, H4, D1) at one glance. In this way, you do not miss out any trading opportunities even on the go. Key Features ☆ Timely display of BUY/SELL signals generated for up to 37 instruments across 6 timeframes (M5, M15, and M30 are only available for subscribers on the watch list), ☆ Timely push notification alert when of BUY/SELL signals on your favourite instruments on your watch list, ☆ Display headline news of your favourite instruments, ☆ Economic Calendar of upcoming events Easy Indicators relies on your support to fund its development and server costs. If you like our apps and wish to support us, kindly consider subscribing to Easy Chikou Span Premium. This subscription removes all advertisements within the app, allows you to view all timeframes (including M5, M15, M30) and supports our development of future enhancements. Privacy Policy: http://easyindicators.com/privacy.html Terms of Use: http://easyindicators.com/terms.html To learn more about us and our products, please visit http://www.easyindicators.com . For technical support / enquiries, email our technical support team at support@easyindicators.com Join our facebook fan page. http://www.facebook.com/easyindicators Follow us on Twitter (@EasyIndicators) *** IMPORTANT NOTE *** Please note that updates are not available during weekend. Disclaimer/Disclosure Forex trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite. You must be aware of the risks of investing in forex and be willing to accept them in order to trade in these markets. Trading involves substantial risk of loss and is not suitable for all investors. EasyIndicators has taken great measures to ensure the accuracy and timeliness of the information in the application, however, does not guarantee its accuracy and timeliness, and will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information, inability to access the information, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this application. The Application Provider (EasyIndicators) reserves the rights to stop the service without any advance notification.
