Ichimoku Kinko Hyo trading system...!

[vinst]

MACD is basically for ema traders...

Avoid using macd to compliment Ichimuku. MACD is just the gap between 2 ema. if u are using 12,26,9 setting, it just means we are plotting the difference between 12 ema and 26 ema. we then use 9 ema of this line as the signal. MACD crossing zero from below is a bullish signal. But if its below zero and crossing the signal line, it just means exit your short.... It just means the gap between the ema 12 on price and the ema 26 are becoming narrow. It might cross, it might not also. If the gap starts widening, then macd will start falling...that the signal to go fresh short again....

Stoch & rsi compliment Ichi very well....

Linkon7,
I use sto as advised by Camel earlier. But sto has a frequent whipsaw habit. SO used emacd along with that.
And now to add RSI also ! back to old time indicators with Ichimoku !!

regards
vin

 

[linkon7]

Linkon7,
I use sto as advised by Camel earlier. But sto has a frequent whipsaw habit. SO used emacd along with that.
And now to add RSI also ! back to old time indicators with Ichimoku !!

regards
vin

trick is to watch STOCH in a higher TF... and use the lower TF to take positions in the direction oif higher TF...

 

[CamelToeJoe]

Linkon7,
I use sto as advised by Camel earlier. But sto has a frequent whipsaw habit. SO used emacd along with that.
And now to add RSI also ! back to old time indicators with Ichimoku !!

regards
vin

right on vin!

you can also use trix to avoid whipsaws IMO.

 

[vssoma]

trick is to watch STOCH in a higher TF... and use the lower TF to take positions in the direction oif higher TF...

dear,
can u pls. elaborate bit more, if possible with example.

tnx,

 

[CamelToeJoe]

Linkon - You've helped me come to some recent revelations about Ichimoku. Your recent posts on CS have brought me back to thinking of Ichimoku as a whole. The post you made about ichi giving us two different views (line and candlestick) hit me like an NFL linebacker. Thank you for your wisdom good, sir.

 

[CamelToeJoe]

dear,
can u pls. elaborate bit more, if possible with example.

tnx,

Swamy - I think linkon is referring to a higher TF using stochastics in the the daily, 4hr, or 1hr charts.

Time your entry based on the lower TF's (15, 10, 5, 1 minute) Ichimoku chart.

Correct me if that is not what you meant, Linkon.

 

[linkon7]

dear,
can u pls. elaborate bit more, if possible with example.

tnx,

Lets look at yesterday's trade...

10 min tf told us that trendline on stoch broke on the 11.30 bar and we should look for longs...

we shift to 2 min TF and

we see that its in the overbought region at 11.30... we wait now for stoch to come down and give a buy signal... which came at 12.12...

We are now long in 2 min tf and this long is supported by 10 min tf.... We can trail it with KS on 2 min or TS on 10 min...

 

[Luv_Stocks]

One request to linkon...

I know u use ichi... please do post the trades u take intraday.,.. its a good learning experience for us....

 

[linkon7]

cant post the pic...will post eod...

img1
so far NF made a range of 5004-4989
5004 touched 2 times...4996 acting as the median...
TS at 4996 and ks also at 4996

 

[linkon7]

img 2
10.08 market still in pause mode.... now long is above 5011 only....
ks at 4998 and TS at 5000... CS testing price of today... to general trend is flat....

MP suggest short tgt of 4964 and then 4888...