Ichimoku Stochastic Scalping

Ichimoku Stochastic Scalping is a strategy trend momentum based only on two indicators: Dot MMS oscillator and ichimoku medium setting. This trading system was created to trade on high / low binary options but it is also excellent without binary options with an excellent profitability that allows us to apply speculative money management techniques. In this article I do not deal with money management techniques.

If you use this strategy for scalping and intraday you can open 10 charts at 5 min and 15 min time frame at the same time.

Options:

• Binary options high/low expiry time 3-5 candles.
• Time frame 5 min or higher.
• Currency pairs: majors for low time frame at the higher time frame also minors.

Indicators setting:

• Ichimiku indicator (medium setting 8, 25, 48).
• Dot MMS (5, 2).

Trading rules Ichimoku Stochastic Scalping

Buy

• Price above the medium Ichimoku or between green dot.
• Buy arrow of Dot MMS.
• Initial stop loss below the previous swing low.
• Profit target predetermined or close position at opposite arrow.

Sell

• Price below the medium Ichimoku or between red dot.
• Sell arrow of Dot MMS.
• Initial stop loss above the previous swing high.
• Profit target predetermined or close position at opposite arrow.

In the pictures Ichimoku Stochastic Scalping







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