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.

Nifty Hourly Cloud Indicator Update for 11 Oct 2010

7 sec read


 
Nifty maintains the Hourly Sell signal but likely to start on monday with bullish kick…. The hourly resistance line is near 6170. Which could be the trend deciding factor for shorter term trend.

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.

Nifty and BankNifty 90 min charts update for 16th…

Nifty turns to sell mode on 90 min charts with trailing resistance coming near to the 5500. Similarly Bank Nifty too in sell mode...
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Nifty and BankNifty 90 min charts update for 15th…

Nifty turns to buy mode with cloud supports coming near to 5460-5470 zone. And Bank Nifty still in sell mode with resistance near 10900....
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8 Replies to “Nifty Hourly Cloud Indicator Update for 11 Oct 2010”

  1. Sir,

    I have downloaded the chart nexus – free down load version. In this how to configure, intra day,various time chart,ticks say half an hour,hourly, etc

    Thanks

  2. sir ,
    please throw some light on commodity charts with nma signals for eod charts .plz suggest the parameters also . and from where to get data for the same for ami .tx in adv

  3. This is so contradicting…

    How can it be 6170, If you’ve set parameters as 3,12,18….???

    Standard Line – 15

    Turning Line – 3

    Delayed – 12

    Spans Period – 18

    Now by using these parameters — cloud comes to 6181.13

  4. Even after making standard line as 11 & other parameters as mentioned earlier.. Its 6181.13 NOT 6170..

    For sure this is difference in the formula…

    I used your old Ichimoku formula & simply changed the Parameteres….

    AS the new one Has Buy / Sell signals – which I dont want..

    But I dont think so that whole formula is new.. Is it…???

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