@RAGUNATH_AG thank you sir

is this correct scanner/settings sir?

sir few questions. 1) when using the high low retracement what % should we keep? 2) while running the 10-20 ema we should use daily time frame or weekly?

The basic condition for bullish setup in ichimoku is price being above tk and tk being above kj.

Here on hourly chart that very basic condition is missing.. Until price comes above tk, tk comes above ks the biased will be bearish to consolidation.

One can know in advance will that level be as we just need to find the 9 period High for finding out when will tk come up ...

sir what do you think about NH ?

Go to indicator digger and run ichimoku scanner. Select only those stocks that have status as strong uptrend (the pullback crossover column should be blank).

Now on the list of stocks on the strong uptrend , look for trades based on your P&F or Renko scanner.

This post is with reference to the chart on the right to understand various stages that a trend/instrument "TYPICALLY" goes through... Each stage offers opportunity for us to take a trade. The environment or the type of trade will vary and that is what we have to decided. We have to decide what kind of trader we are are we trend continuation type of trader? then we can take "Bearish trade" at point A. If we are someone who would like to take "COUNTER TRADE" i.e. take opposite to the current trade then we can take "BULLISH" trade at point B where TSKS are crossing positively but BELOW the cloud.

If you are someone who likes to take "Counter Trend" trade but with confirmation we can take our trade at point C where CK has become bullish for the first time post this bearish trend.

If you are a breakout trader with a trend then we can take a breakout trade at point D when price has crossed the ichimoku cloud for the first time post the bearish trend.

Lastly if you are someone who is looking for confrimation + Pullback you can take a trade once CK is also above price and above the cloud.

One can also do the similar analysis to know what the instrument is doing on multiple time frames and use that knowledge to take trade at our executing time frame based on the type of trader you are...

Hope this article helps you a bit in understanding iChimoku in a better manner.

Have a good weekend

keep an eye on CK and tsks , till they are bearish you are good to go

It is an hourly time frame that is going to give us clue what does nifty wants to do and what does it eventually do... For bulls two things must have TSKS cross for this nifty has to create a new hourly long (amongst last 9 candles) + ck has to go above price.

For bears CK needs to go below price and everything will be bearish again... let us see what is in store for us

Yes CK below cloud but try to think if anything has to turn bullish it has to come above price then cloud so if it comes above price that is the 1st step... it is like "COUNTER TREND"

Look at the chart of Nifty on 1 hr. If price manages to go above high of preavious candle , it will push TK up, creating TSKS Cross also this will lead to CK above candle. All boxes ticked for reversal !

on the above scan , if i want stocks that are within 9% retracement what should i select in save group ? above 9% below 9% ? note i only want those stocks that have retraced maximum 9% from their 52week high.

@Prasiddh-Shroff sir if you can help !

All boxes tick.. looks good...

@Pankil Lukkad hi, this is purely on manual scan basis .. but you can use this once you have landed on a stock based on other P&F or renko scan conditions

yes but make it recent for everyone or at least give user this preference so i can always see recent posts first if i have set that as a preference !

sir not able to select which is a buy leg and which is a sell leg.. i am trying to create a calendar trade... sell 19700ce 5th oct and buy 19700 12th oct expiry . i want to plot this chart

How to select different expiries for creating calendar spread in Tradepoint as there is only one expiry avialable? @AP sir

The beauty of this chart is multfold.

1. Look how smoothly has ck gone up on a weekly chart where it has not touched price even once in last 1 year.
2. Look how smoothly the cloud has moved up with a slope where we havent had a single bearish cloud in last 1 year.
3. Look how tk and ks have been moving up together , displaying a perfect requirment of a healthy trend.

These are the types of candidates we should look for while we are looking for setup. We can take trades based on renko or p&F...

#ichimoku

ideally all the topics, especially where charts are posted daily should be sorted by recent by default as that is what one wants to see !

Here is list of stocks that can be looked at on 1% box size on P&F for trade with good rs score and Risk of less than 5%

TVS motor and Torrent pharma trade triggered with risk less than 4%

DTB on 1% sir

Yes this chart not getting plotter properly in R ZONE @AP sir

Here i am running Fusion Matrix on all 750 Stocks. I am a positional trader and hence i am using box size of 1,2,4 and 5. Here i have short listed stock where the Risk is less than 10%. Please remember this is on 1 %. We can also try to find stocks that belong to sectors which are outperforming the index like. PSU, or Rrealty...