How to use the Ichimoku Cloud indicator in Fixed Time Trading on Olymp Trade Platform?

 


Description: 

The Ichimoku Cloud is a technical indicator that can be used in forex and fixed time trading. It is composed of five lines; the Conversion Line (red), Base Line (blue), Leading Span A (green), Leading Span B (pink) and the Lagging Span (yellow). These lines are used to identify support and resistance levels, as well as trend direction and momentum. In this blog post, we will show you how to use the Ichimoku Cloud indicator in fixed time trading on the Olymp Trade platform.

How to use the Ichimoku Cloud indicator in Fixed Time Trading on Olymp Trade Platform?

The Ichimoku Cloud is a technical indicator that can be used in forex and fixed time trading. It is composed of five lines; the Conversion Line (red), Base Line (blue), Leading Span A (green), Leading Span B (pink) and the Lagging Span (yellow). These lines are used to identify support and resistance levels, as well as trend direction and momentum. In this blog post, we will show you how to use the Ichimoku Cloud indicator in fixed time trading on the Olymp Trade platform.


Olymp Trade is a leading online trading platform that offers traders the opportunity to trade forex, commodities, indices, stocks, and more. The platform is user-friendly and designed for beginner and experienced traders alike. One of the great features of Olymp Trade is that it offers a wide variety of indicators, including the Ichimoku Cloud.

 

To use the Ichimoku Cloud indicator on Olymp Trade, first log into your account. Then, go to “Analytics” at the top of your screen and select “Indicators.” Next, select “Ichimoku Cloud” from the list of indicators. You will then see the Ichimoku Cloud appear on your chart.

 

The default settings for the Ichimoku Cloud are 9 Periods for Conversion Line/Base Line, 26 Periods for Leading Span A/Leading Span B, and 52 Periods for Lagging Span. However, you can change these settings by clicking on “Inputs” in the top right corner of your screen.

Conclusion:

The Ichimoku Cloud is a powerful technical indicator that can be used in forex and fixed time trading. It is composed of five lines that are used to identify support and resistance levels, as well as trend direction and momentum. In this blog post, we showed you how to use the Ichimoku Cloud indicator in fixed time trading on the Olymp Trade platform. We hope you found this information useful!


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