Ichimoku Cloud
The Ichimoku Cloud Indicator MT5 is a popular, free and useful Forex trading indicator. It is designed to help traders identify potential entry and exit points in the Forex market. The Tenkan-sen and Kijun-sen lines are used to identify the trend, while the Senkou Span A and B lines are used to identify potential entry and exit points. The Ichimoku Cloud Indicator MT5 is an easy-to-use and reliable tool that can help traders make informed decisions in the Forex market.
Price action indicators typically analyze chart patterns in addition to historical price data. The most common price action patterns in trading are head and shoulders, double top/bottom, triangles, flags and pennants, wedges, pin bars, etc.