Ichimoku Kinko Hyo
Ichimoku Kinko Hyo (or simply "ichimoku") is a technical analysis method that builds on candlestick charting to improve the accuracy of forecasted price moves. The phrase can be translated from Japanese as, "What a man in the mountain sees."
Ichimoku is a moving average-based trend identification system and because it contains more data points than standard candlestick charts, provides a clearer picture of potential price action. The main difference between how moving averages are plotted in ichimoku as opposed to other methods is that ichimoku's lines are constructed using the 50% point of the highs and lows as opposed to the candle's closing price.
Popular in Japan, ichimoku is gaining traction in the West through proponents of its charting accuracy such as Lincoln FX and Ichi360.