The Raff Regression Channel draws lines parallel to the linear regression line, but through the most extreme highs or lows.

The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. Ichimoku Kinko Hyo translates into “one look equilibrium chart”. With one look, chartists can identify the trend and look for potential signals within that trend.

The trend is up when prices are above the Cloud, down when prices are below the Cloud and flat when prices are in the Cloud.

By Theodoros  Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk