Ichimoku Cloud Breakout Strategy: Calculate It, Then Trade It

Illustrative chart for the article "Ichimoku Cloud Breakout Strategy: Calculate It, Then Trade It"

Most Ichimoku tutorials start with five Japanese names and a colored chart. This one starts with arithmetic, because once you have calculated the cloud by hand, the breakout rules stop being mysterious. You will see exactly why the cloud lags, why a “breakout” through a thin cloud means less than one through a thick cloud, … Read more