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 had the power to Identify Bull and Bear Markets

43 sec read


 
Dow Jones CMP : 10,500

Here is a positive way to look into dowjones. Yes I used my favorite indicator Ichimoku for the montly charts of Dow Jones to guage the nature of the Market(Bull/Bear markets) in coming months

Ichimoku montly cloud charts plays a major role in deciding the commencement of long term bull market.
The above 20year chart of Dow Jones is a good visible example. i.e buy and hold above the cloud or sell short and stay away from long if the montly candle is below the cloud.

And from the charts the monthly cloud chart of Dow Jones is near 9815 region. Until dow jones stay away above the Ichimoku cloud it is a clear long term bull run in dow jones, just 700pts shy away from the Spot value

In Simple Facts if the montly candle stays above the cloud then it is a bull market and if moves below the cloud then it is a pure bear market. In Short Ichimoku had the power to Identify Bull and Bear Markets

I had also included 20 year montly charts of Nifty. Just Identify which type of market we are. Cloud supports are there till 4300 zone

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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7 Replies to “Ichimoku had the power to Identify Bull and Bear…”

  1. Dear Mr.Rajendran,

    Can you pls spell out what cloud settings should be used for successful performance of the following trading time frames:-

    1. Intra-day
    2. Short Term (say for one to two weeks)
    3. Long Term ( say more than two weeks – this is I have defined for my trading style)

    Regards,
    Veer

  2. hi rajendran,
    the manish download at 4shared says the file is
    NOT AVAILABLE,
    the same NOT AVAILABLE message at alternate link too.

    has the file been removed,
    or a different link has been formed ?

    Also,
    how to update IEOD latest data for 2010 to the 180mb file having data till 2009 end ?

    will be helpful when you explain plz.
    thanks
    [this is a repetition of comment left at manish download post]

  3. thanks Rajendran,

    can you plz explain how

    to update IEOD latest data for 2010 to the 180mb file having data till 2009 end [amibroker] with the file a day data from investbulls ?

  4. Hi Ranjendran,

    Could you please upload ichimoku file, as it is deleted? If you have updated version please upload that one.

    Thanks,

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