FEEDBACK
Ichimoku Dots : Entry/Stop
Version 6
Ichimoku is a Japanese Trend based Technical system. The system has technical analysis, money management, and psychology of trading within it. The Ichimoku Dots tell the trader the Entry, the Trailing Stop, and also over extension levels. Here is a summary of the color of the dots: - Blue Dots: Break Out Entry - Green Dots: Trailing Stop which is a buffer off the Kijun Sen value - Gray Dots: Extreme Over Extension. The trader has two options. One is to exit the trade right away. Second, the trader can trail the stop off the previous bar High/Low on the trading time frame. - Yellow Dot: Medium Over Extension. The trader should use the Tenkan Sen(red line) with a buffer as a stop instead of the Green dots. - Red Dots: Short Term Over Extension. The trader should go to a lower time frame and use the green dots on that time frame to manage the trade. NOTE: A workspace is attached. It references the Ichimoku Dot ELD. It does not contain the Ichimoku indicato...
Ichimoku is a Japanese Trend based Technical system. The system has technical analysis, money management, and psychology of trading within it. The Ichimoku Dots tell the trader the Entry, the Trailing Stop, and also over extension levels.

Here is a summary of the color of the dots:
- Blue Dots: Break Out Entry
- Green Dots: Trailing Stop which is a buffer off the Kijun Sen value
- Gray Dots: Extreme Over Extension. The trader has two options. One is to exit the trade right away. Second, the trader can trail the stop off the previous bar High/Low on the trading time frame.
- Yellow Dot: Medium Over Extension. The trader should use the Tenkan Sen(red line) with a buffer as a stop instead of the Green dots.
- Red Dots: Short Term Over Extension. The trader should go to a lower time frame and use the green dots on that time frame to manage the trade.

NOTE: A workspace is attached. It references the Ichimoku Dot ELD. It does not contain the Ichimoku indicator on this workspace.

Disclaimer: Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results.
What's New
Version 6
resubmitting new workspace
Version 6
resubmitting new workspace
Media
Customer Reviews
v
Average Customer Rating:
 (0)
There are no reviews for this product.
$10 mo
Free Trial
Subscribe
Unsubscribe
 
Developer
Requirements
Tradestation 9.1 (Update 24)
Asset Type
Stock, Future, Forex, Option
Style
Swing Trading
Methodology
Trend
Analysis Techniques
Applications
Categories