History of Ichimoku Kinko Hyo

Created by Goichi Hosoda (1898 – 1982).

-    He was a journalist for the capital newspaper (Tokyo Shin bun).

-    In 1932 he foremed a team of 7 people.

-    In spring 1935 he has finished his indicator (Ichimoku Kinko Hyo):

•    Ichimoku = at one glance.

•    Kinko = balance.

•    Hyo = barchart.

-    He kept it secret until 1950, he told his close friends about it.

-    He publish it at 1968.Construction:Past>>>>>Present>>>>>Future   


Tenkan Sen: the mid-point between 9 days High and Low.-   

Kijun Sen: the mid-point between 26 days High and Low.


Chikou: current close but move it back 26 bars ago in the past.


Senkou span A: the mid-point between Tenkan sen and Kijun sen but move it forward 26 bars in the future.   

Senkou span B: the mid-point between 52 days High and Low but move it forward 26 bars in the future.