Chikou Span Ichimoku Simplified 3 in HIndi

  • 8 years ago
Chikou Span is the Trend Indicator of Ichimoku Kinky Hyo system.
Current Close is Plotted 26 period behind to detect the established trend, as I said earlier, Ichimoku is a trend following system, Chikou span confirms the trend, by comparing the close with the closing price 26 period behind, it's like almost a month.

It's very fascinating to see how Chikou span successfully confirming the Trend once it is formed.

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