ichimoku

I'd Prefer RSI ;)
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GOOD;
except so many, many RSI false signals in a good trend.
A huge number of false RSI signals could be a trend warning ''signal''
I get a lot of chopp in moving averages, in a chop=slop[aka barbed wire range]market.......
 
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GOOD;
except so many, many RSI false signals in a good trend.
A huge number of false RSI signals could be a trend warning ''signal''
I get a lot of chopp in moving averages, in a chop=slop[aka barbed wire range]market.......
Well from my point of view it depends if you are using that with other indicators.
 
Let's dive into the fascinating world of Ichimoku!
What really amazes you about this indicator?
To me is its ability to provide a holistic view of the market.
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Amazing amount of green clouds;
even more than an alligator oscilator.amazing downtrend if price ever goes below clouds\ or gets near alligator back[2008].
I may use a green 200dma more or purple or red 200dma :D:D NOT a prediction or a slave to Fed Reserve notes, no disrespect to Fed intended.
 
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