13 illustrated lessons Ichimoku Kinko Hyo Learn to read equilibrium, the five lines, trend structure and sideways markets. Begin with the calculations, then build a repeatable chart reading process.
Current cloud and forward cloud are different chart positions Original educational schematic. Current cloud and forward cloud are different chart positions. This illustration is not market data. Price compared with cloud here No future price candles Earlier calculations More recent calculations Today Start the learning path → The five Sakata methods Sakata Goho Explore the Japanese candlestick traditions of Three Mountains, Three Rivers, Three Gaps, Three Soldiers and Three Methods.
三山 三川 三空 三兵 三法
Explore Sakata Goho → Time · Waves · Price Ichimoku Three Theories Explore time theory, wave theory and price observation through original diagrams, numbered candlestick examples and step by step calculations.
At bar 17: map prices before seeing the outcome Labelled candlestick chart with a numerical price axis and trading bar axis. Only candles through C are shown; dashed paths and levels are calculations, not observed future prices. Original educational illustration using invented prices, not market data. At bar 17: map prices before seeing the outcome Invented daily bars · one candle = one trading session 100 110 120 130 140 150 1 9 17 26 Trading bar number (anchor bar = 1) A = 100 B = 124 C = 114 NT = 128 V = 134 N = 138 E = 148 Dashed = projection Known through C Explore Ichimoku Three Theories → Averaged candles Heikin Ashi Compare averaged candles with actual prices. Learn the calculations, candle shapes and limitations through illustrated examples.
Standard candles and Heikin Ashi from the same invented prices One dataset. Two ways to display it. Invented prices · identical periods and price scales Standard candles 96 100 104 108 112 116 1 2 3 4 5 6 7 8 9 10 11 12 Heikin Ashi 96 100 104 108 112 116 1 2 3 4 5 6 7 8 9 10 11 12 Bar 8: actual close falls from 114 to 109. Bar 8: the averaged candle is still green. Green = close above open · Red = close below open · Numbers = completed bars Explore Heikin Ashi → Price movement in bricks Renko Ashi Learn how box sizes and reversal thresholds create Renko Ashi charts. Compare price sequences and understand the limits of synthetic blocks.
Closing prices compared with classic Renko Ashi bricks One price sequence. A different horizontal axis. Invented completed closes · fixed box size 2 · start at 100 98 100 102 104 106 108 Regular closing prices 1 2 3 4 5 6 7 8 9 10 11 12 Classic Renko Ashi bricks 98 100 102 104 106 108 1 2 3 4 5 Horizontal axis = completed source periods Horizontal axis = brick sequence Some periods add no brick. One period can add several bricks. Explore Renko Ashi → Reversals, shoulders and waists Kagi Ashi Read a chart that turns with qualifying price reversals. Learn how direction and line thickness describe different parts of market structure.
Closing prices compared with five Kagi Ashi legs The same closes. Fewer directional legs. Invented prices · fixed reversal amount 2 · completed closes only 99 101 103 105 107 109 Ordinary closing price chart 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Kagi Ashi · direction only 99 101 103 105 107 109 Horizontal axis = completed periods Horizontal axis = reversal sequence A one point pullback is omitted. A two point reversal creates a new column. Explore Kagi Ashi →