Ichi Stock Scalping System

Ichi Stock Scalping System is a combination of Ichimoku clouds and DOT-MMS Oscillator which measures the momentum of the trend.

Ichimoku cloud is a trend trading indicator which is based on the average of high and low of the candles, whereas DOT-MMS is an oscillator which indicates the overbought and oversold conditions of the market.

Ichi Stock Scalping System Overview

Ichi Stock Scalping System Overview

Ichimoku cloud gives us an idea about the trend and strength of the trend. If the green line is below the red line then the trend is bearish and if the green line is above the red line then the trend is bullish. Traders can look for sell opportunities in the bearish market and buy opportunities in the bullish market.

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Ichi Stock Scalping System Explanation

DOT-MMS is used as a trigger point in this Ichi Stock Scalping System. When DOT-MMS touches the oversold line it means the price is too low due to selling pressure and now it’s a good candidate for buy.

When DOT-MMS touches the overbought line it means the price is too high due to buying pressure and now it’s a good candidate for sell.

Ichi Stock Scalping System Explanation

In strong trends price can remain overbought and oversold for a long period of time. So this Ichi Stock Scalping System combines the power of trend indicator along with DOT-MMS overbought and oversold zones.

Trading overbought signal in downtrend and oversold signal in uptrend is very good way of trading with the trend. This kind of signal gives indication of the end of pullback and allows traders to ride the trend.

Traders can ignore the buy signals on charts when there are a downtrend and trade only sell signals which appear on the chart. Similar way traders can ignore sell signals when there is an uptrend on the Ichimoku cloud and trade only buy signals which appear on the chart.

Ichi Stock: Buy conditions

Ichi Stock Buy Parameters
  • The green line on the Ichimoku cloud should be above the red line.
  • Price Should trade above the Cloud.
  • DOT.MMS should give an oversold signal.
  • Buy signal should appear on charts.
  • Traders can hold the long trade till the price remains in an uptrend.

Ichi Stock: Sell conditions

Ichi Stock Scalping System Overview
  • The redline on the Ichimoku cloud should be below the green line.
  • Price should trade below the cloud.
  • DOT.MMS should give an overbought signal.
  • Sell signal should appear on charts.
  • Traders can hold the short trade till the price remains in a downtrend.
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I have been actively trading stocks and currencies since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund which has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

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