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Ichimoku Cloud

The Ichimoku Cloud indicator shows support and resistance, and momentum and trend directions. The "cloud" comprises five lines, and is formed between the spans of the conversion and baseline moving averages and the midpoint of the 52-week high and low.

To apply an Ichimoku Cloud Indicator

1. From within a chart, from the Edit menu select Studies.
2. Choose Ichimoku Cloud and click Add to add the study to the Applied Studies group.
3. Complete parameters as necessary.

Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.

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