Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

USDINR EOD chart analysis using Ichimoku Cloud trading system

28 sec read

USD INR EOD Charts
(click on the charts for better resolution)

Chart shown is USDINR EOD charts since Sep,2010 to till date along with Ichimoku indicator is added as a overlay with base parameters 3,12,18.

Ichimoku Cloud strategy

Buy if candle closes above the cloud with stoploss as the bottom of the cloud(Support)
Sell if the candle closes below the cloud. with stoploss as the top of the cloud(Resistance)

 
Applying the rules to the chart the Buy and Sell signals are drawn over the chart and more recently you could infer a sell signal on the EOD charts with cloud trailing resistance comes near Rs45-45.10 zone. Chances of more possibilites of rupee strengthening against dollar and also the possibilites of FII inflow into the country.

for realtime usdinr charts visit live usdinr charts

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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5 Replies to “USDINR EOD chart analysis using Ichimoku Cloud trading system”

  1. Sir ,
    hi , any free data feeder for ami relating to commodities(gold, silver,oil )tx in adv.

  2. Hi sir,
    Im currency trader, Where i can get USDINR, EURINR, GBPINR, JPYINR realtime n EOD software..

    thank you..

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