iMACD and Ichimuko Indicator

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In this video, we will combine the iMACD and Ichimoku Indicator.

There are many ways to interpret an indicator.

In this tutorial, we will try something different with the iMACD.

We are looking for the lines to be crossing above or below the zero line.

When it crosses above the zero line, then it’s a buy signal and if it crosses below the zero line then it’s a sell signal.

Once we have a buy or sell signal from the iMACD, then we seek confirmation from another indicator and this time… we use the Ichimoku Indicator as the 2nd indicator for confirmation.

In the Ichimuko Indicator, we want to see that the price bar breaks out from the Kumo cloud.

For long position, the price should be breaking above the green cloud and for short position, the price should be breaking below the red cloud.

It’s just simple as that.

You can use these strategies on just about any time frame.

The shorter the time frame… expect more volatility and by that we mean false signals even when you combine 2 indicators or more.

As you might already know, we are swing traders and our preferred time frame is typically longer.

We typically trade with the 4 Hour time frame and sometimes even the 1 day time frame.

You can of course use the strategies we have shared using the 5 minute or 15 minute time frame but just know that all indicators losses their accuracy with shorter time frames due to the big movements in short time frames.

It’s recommended that you stick to 4H but if you really want to use a shorter time frame, we say it should not be lower than 1H.

Shorter time frames just means that you have to watch the monitors closer and to us, it’s better to just enjoy time rather than be a slave to the market.