Ichimoku Cloud

Ichimoku Cloud is a complete indicator. It uses moving average data to show 

• the trend of an instrument, 
• the strength of that trend,
• dynamic areas of present and future support, 
• etc.

Ichimoku Cloud is a more complete version of Moving Averages (MAs) or Exponential Moving Averages (EMAs).

It can be used in two ways:

• To see the direction of the macro trend.
• To find confluence with areas of support and resistance on your chart.