There’s no need to ascribe any special properties or abilities to the Ichimoku lines, and certainly no reason to accept any subjective interpretations of what they represent or how useful they are. (For example, signals are sometimes described as strong, weak, or normal, depending on whether crossovers occur above, below, or within the kumo, among other factors.) Testing should determine that, and the tests here offer a departure point for more analysis. Similar quantification and study could be conducted of the senkou lines, which are the longer-term support-resistance pieces of the Ichimoku puzzle.
Like moving averages and similar tools, the Ichimoku technique is vulnerable to producing repeated false signals in non-trending markets. Traders interested in the technique should first absorb the basic concepts, and then perform historical analysis in the markets and time frames they trade.
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