Scroll down the list of indicators and click on ‘Ichimoku Cloud’.

To apply an Ichimoku Cloud to your chart, assuming your chart is open then: The screenshot below is based on the Financial Spreads platform, however Capital Spreads, Tradefair and InterTrader all work in the same way. You can get these from a number of CFD and spread betting companies including:

Calculation = (52 period high + 52 period low)/2.

This value is plotted 26 periods in the future.

The midpoint of the 52 day high-low range.

Calculation = (Conversion Line + Base Line)/2.

It is classed as ‘Leading’ because it is plotted 26 periods in the future and forms the faster Cloud boundary.The Leading Span A forms one of the two Cloud boundaries.The midpoint between the Conversion Line and the Base Line.Calculation = (26 period high + 26 period low)/2.The midpoint of the 26 day high-low range.Calculation = (9 period high + 9 period low)/2.The mid point of the 9 period high-low range.When the Senkou B line is above the Senkou A line, this creates a cloud which is normally red, and it indicates a ‘strengthened downtrend’īasics of the Ichimoku Cloud The Tenkan-sen (Conversion Line).When the Senkou A line is rising above the Senkou B line, this creates a cloud which is normally green, and it indicates a ‘strengthened uptrend’.When prices are in the cloud, the market is deemed to be flat.When prices are below the cloud, the market is deemed to be in a downtrend.When prices are above the cloud, the market is deemed to be in an uptrend.Some investors prefer the Ichimoku Cloud to a standard candlestick chart because it gives more data points.īelow we show a typical Ichimoku Cloud which has been added to a FTSE 100 (UK 100) candlestick chart. The ichimoku cloud was developed in the 1960s by Goichi Hosoda, a Japanese journalist. Applying Ichimoku Clouds to the Gold Market (Example 2).Applying Ichimoku Clouds to the Gold Market (Example 1).Applying Ichimoku Clouds to the Forex Market.Applying Ichimoku Clouds to the Stock Market.Where to Get Charts with Ichimoku Clouds.

Ichimoku cloud chart