NSEBSECOMMODITYNASDAQNYSEFOREXINDICESAMEXUSA NSE Futures NSE Options More...

Ichimoku is an indicator, its not a strategy. You can base a strategy on that indicator though. Its an indicator created by a journalist in 1960s, before computer days, so its calculation is also simple. In a nutshell, the basic idea behind the indicator is to find HIGHS and LOWS for given time periods, and then take an average of those. Then check if price is above the average, or below the average. Different time frames are used, like 9, 26, 52, and you can change these to suit your requirement. If the stock is above the average levels, also called clouds, then its considered positive. And if its below the average points, then its negative. You can plot Ichimoku indicator on charts here: http://www.bullkhan.com/nse/stock/infy This is chart for Infosys, you can select any other chart. To plot, select "Ichimoku cloud" from indicator dropbox, click Add indicator, and then refresh the chart. If you think about it, its really simple. Suppose 9 day HIGH is 100, and 9 day LOW is 50, then average is 75. Next, 26 day HIGH is 120, and LOW is 40, then average is 80. Add up 9 day average and 26 day average, 75+80 and get its average, which is 77.5 If the stock is above this, then its positive, else negative. Basically, what we are doing is trying to find a "zone", a positive zone, and a negative zone, and then seeing if price is in positive zone or in negative zone, and then making an investment based on this.