Ichimoku Cloud: Free Support & Resistance Indicator
March 13th, 2020
Available free in our apps section, the Ichimoku Cloud indicator from DevSide GmbH is a combination of other indicators that show support & resistance levels, momentum and trend direction, taking multiple averages and plotting them on the chart.
With these figures, the Ichimoku Cloud then computes and plots a “cloud” which forecasts where price may find support or resistance in the future.
Find the Ichimoku Cloud in the “Free to Use” category of our app listings, found here!
Looking for a similar indicator? Check out the Ichimoku Cloud Indicator for NinjaTrader 8!
NinjaTrader
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