Just how effective is the Ichimoku trading system really is?

nando5_official

Junior member
13 0
For me, I find that this particular system is very deceiving as it's comprised of many indicators to signal a strong breakout and a trend reversal. Although using this methodology can be a conservative approach into trading safely, can it also make the user miss out on many other trading opportunities throughout the day?
 

hatemypips

Established member
546 40
For me, I find that this particular system is very deceiving as it's comprised of many indicators to signal a strong breakout and a trend reversal. Although using this methodology can be a conservative approach into trading safely, can it also make the user miss out on many other trading opportunities throughout the day?
It's simply old and too simple to have predictive power. If it could really discover some market weakness it'd be probably already priced in by some home-made MT4 robots :)
 

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