Ichimouku as s/r confirmation. Newbie.
So, i really like the cloud. it has everything kind of built in and i think it's great. i have not been successful EVER at trying to use it for buy sell signals. so i am now experimenting with it for a secondary confirmation of s/r levels. i haven't tested it as i am currently doing now. live trading.
It seem on the settings 20 60 120 30 it truly verifies s/r which is my main strat. Newbie!
so this is my idea. it's on jasmy because that's what i've been trading for some reason. i like the random action and s/r can hit and bounce very nicely at times.
it's just my ichimoku settings with my s/r levels that i used around the info it gave. I removed the fill of the cloud as the 2 lines also work as s/r at times.
suppose i should have zoomed out to show my point lol. next time. it's just an idea.
It seem on the settings 20 60 120 30 it truly verifies s/r which is my main strat. Newbie!
so this is my idea. it's on jasmy because that's what i've been trading for some reason. i like the random action and s/r can hit and bounce very nicely at times.
it's just my ichimoku settings with my s/r levels that i used around the info it gave. I removed the fill of the cloud as the 2 lines also work as s/r at times.
suppose i should have zoomed out to show my point lol. next time. it's just an idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.