Today was kind of confirmation day. Although each Ichimoku signal stands for its own, there were three long signals today, each one confirming a recently generated signal.

The Ichimoku system generated those new strong signals today (daily timeframe):

  • 2x Hang Seng
  • 1x Orange Juice

The two Hang Seng signals repeat/confirm a strong long signal generated last Thursday. The last OJuice strong long was created on Friday. The latter signal happened with price way above the upper Kumo boundary (and a quite long green candle), which stands for a pretty strong trend.

For details of the generated system see output below. The trading system used is currently under heavy development, the signal generation already works and is considered stable (see weekly ichimoku analysis). Coming soon: Continous monitoring of those trades and exit rules. I am currently working on implementing the chandelier stop, a volatility-base stop loss (a simple percentage trailing sl is already working, but not used by myself).

An excerpt from the output generated by my program:

==== Executable signal: 2016-10-24  HSeng  long  Kijun Cross  Golden X at 23604.10
==== Executable signal: 2016-10-24  HSeng  long  Kumo breakout  from rising Kumo at 23604.10
==== Executable signal: 2016-10-24  OJuice  long  Kijun Cross  Golden X at 206.03

For the visually-biased amongst my audience, the corresponding charts (click to see them in full uglyness):

HSeng detail

and the Orange Juice chart:

HSeng detail

Comments powered by CComment