Ichimoku Kinko Hyo

While working on a new automated trading strategy for the upcoming APEX V1, I decided to implement Ichimoku Kinko Hyo better known as Ichimoku Cloud to see what it could do in an automated trading system.

Although I had used this indicator before, I merely used it on charts as a confirmation.

If you’ve used technical indicators before you know that one technical indicator on its own is not enough for creating a reliable profitable strategy. Ichimoku Kinko Hyo, however, offers a complete trading system with support and resistance levels, trend directions and crossover…