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.

Ichimoku Cloud Signals for Nifty

17 sec read

httpv://www.youtube.com/watch?v=eSglofab3Wo

 
Here is a simple video preview to identify the potential trade setups using Ichimoku Clouds to capture big moves. Identification of the signals is quiet easy game. Buy if the Candle Closes above the cloud and Sell if the candle closes below the cloud and the stop loss is the cloud itself. The same principle has been applied for Nifty starting from 2000 to 2010. Just check out the result

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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12 Replies to “Ichimoku Cloud Signals for Nifty”

  1. It’s no better than a statistically adjusted Moving average. Their were significant whipsaws which could have hampered any trader’s psychological make up. It’s just a little more flashy and attractive looking. Performance of it obviously won’t be that different from a Moving average.

  2. Hi, I am following your website from some time now, you are doing really good work 🙂 I am trying to trade Forex Markets on Technicals any thoughts on what might work best I try to make about 10 Pips a trade ? Thanks and Regards

  3. @Ron

    I had backtested the results. Ichimoku has whipsaws but it works better than a Traditional Moving average. More over if functions as a stop loss indicator. Where as in traditional moving average it creates more noise if used as a stop loss indicator

  4. Again requesting you (especially to Rajandran R) to clear the TIME FRAME of this video..& also provide sum video on indepth trading technique on Ichimoku ( with special emphasis on how to close the position when prices approach/fall in the clouds)

  5. @Vikas
    Time Frame parameters are 3,13,16. Will soon provide the summary video here.

    Vikas, Also try to avoid SMS lanugage format its difficult for me to interrupt your message

  6. Hi Mr.Rajandran in continuation of my previous message I trade the Euro/USD pair in Forex on 5 minutes time frame, any thoughts on what Indicator might work best if the Idea is to scalp 10 Pips ?
    Thanks and Regards

  7. Hi Rajandaran,
    For eod I use Chartnexus, which now has Ichimoku indicator which I have re-set to 3,13,16 as indicated by you above.
    Can you please provide some appropriate concise literature on Ichimoku (yes i know I can Google..but then there is too much of gibberish to sieve through first) which also teaches what parameter to use and when, please.
    Thank You

  8. hi,thks for ur ans
    in cont …. so shld i hedge all the 1500 shares @ 5271,will i profit from it or shld i switch over to next month – which will b beneficial for me.
    & how much do u thk nifty wld go to by expiry
    i can even hold but since the mtm is calculated…
    thanks

  9. Can you please comment on the attached Ichimoku chart on Nifty. there is some irrational movement since May’2010…..

    Thanks

    Narendra

  10. ichimoku is one of my prime indicater. and tinkensen, kijunsen cross over is more valid buy signal than any moving avarage crossover. now i am searching for exploration formula in metastock for tinkensen, kjunsen cross over

  11. Conversion period ?
    Base period ?
    Span landing period ?
    Span b period ?
    Lagging line ?
    Please help me out to setup this in chart nexus
    Thanks

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