The best Ichimoku cloud strategy is a technical indicator system to assess the markets and provide trading signals. It helps contain and limit losses in trading. However, it is important and beneficial to note that trading still involves a substantial risk of loss which is what you can clearly understand as well which is the best part that can easily be understood.

The Ichimoku cloud with spike catching strategy attempts to identify and clarify a probable direction of price whether it is in range or not.  It helps the trader determine the most suitable and reliable time to enter and exit the market by providing and briefly describe you with the trend direction. It gives you reliable support and resistance levels and the strength of these market signals.

And these are some of the signals through which you can understand all the criteria while using these signals.

1. The Tenkan-sen: Here it is the sum of the 9-period high rate and 9-period low which is divided by two that are in clear words to describe it.
2. The Kijun-sen:  Here is mainly the sum of the 26-period high rate and 26-period low, which is divided by two which is also easily described to understand.
3. Senkou Span A: The sum or addition of the Tenkan-sen and Kijun-sen, which is divided by two. In other words, it represents the midpoint of the two lines and the upper line of the cloud.
4. Senkou Span B: The sum of the 52-period high and 52-period low, divided by two. This represents the lower line of the cloud.
5. Chikou Span: Shows closing prices 26 periods behind the latest closing price of an asset.
6. Kumo/Cloud: The space between Senkou Span A and Senkou Span B.

Advantages and Disadvantages of Spike Catching with Ichimoku Cloud Strategy

Pros

1. Cutting Down the Number of Indicators: While the Ichimoku Cloud indicator does take up quite some space on the chart, it will reduce the number of indicators you
2. Variety of Information: the Ichimoku Cloud indicator can help us determine the trend, support, resistance levels, and momentum.
3. I will need overall, whines that there is less risk of receiving conflicting signals.

Cons

1. Information Overload: Beginners might find themselves overwhelmed by the amount of information given by the Ichimoku Cloud indicator. Learning what all its components represent and how to use them efficiently will take some time.
2. Chart Space: Traders that prefer to keep their charts clean and focus on price action might struggle to get used to the Ichimoku Cloud indicator strategy

Spike catching with Ichimoku identifying and trading on sudden,  brief price movement in the market these spikes can be caused by news events, order flow, imbalances, or another market factor that play different in trading while using some signals there must be a perfect opportunity in which understand first and then do it in the right way.

Here are various points that can easily understand all the  criteria of their own:

1. Trade in the direction of the trend and spike-catching with Ichimoku Cloud in a proper way which should be okay but sometimes it is tough and manageable as well.
2. Use proper risk management stop-loss, and position sizing in which after some risk management we hope there would be a better option in position sizing.
3. Be prepared for false spikes and adjust your strategy accordingly

Keep in mind that spike catching with Ichimoku Cloud is a high-risk reward strategy it is essential to thoroughly refine your approach before implementing it in live markets which is all about understanding first and then starting as well.