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Overview
The
Nison MarketScan™ Service
Nison MarketScan (NMS) was developed to satisfy market demand for a service
that implemented Nison’s approach to finding stocks with good trading
possibilities with sound money management principles.
Nison MarketScan is ideally
suited for savvy individual and professional traders who appreciate
Nison’s general trading approach and candlestick mastery. You can use Nison
MarketScan as a tremendous time saver by quickly scanning through its daily
Bullish and Bearish lists for alerts on the best stocks to trade.
This systematic approach
streamlines the process and allows traders to focus on making smart decisions
instead of grinding through massive calculations and stacks of charts to find
good potential. Nison MarketScan does the hard work for you and presents the
resulting trade alerts in an easy-to-use web interface that can be accessed
from anywhere.
How
Nison MarketScan Works
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The goal in creating NMS is to find a systematic
way of maximizing reward and limiting risk
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NMS screens the
US
stock market for stocks that are ideally suited for short and intermediate term
trade recommendations.
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Screens on Nison's 18 most reliable candlestick
patterns which identify recommendations for the ideal time to buy or short
based on the reversals.
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Each trade must meet a minimum set of criteria,
including a 2/1 reward/risk ratio
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With powerful stop technology, NMS helps you know
your risk at every point.
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Also looks for strength of pattern, trend, support
& resistance, and technical conditions.
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A score is calculated for each of these and then
combined into a composite score that gives you the quality of that stock.
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You'll see a daily list of stocks that match the
Bullish/Bearish conditions.
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The broad market outlook will help you determine
and give some guidance regarding which list you should be working from.
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View charts for all stocks and you'll see the
signal pattern highlighted on the chart, symbols show where trades occurred,
and shows the gain/loss from the most recent entry point
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Commentary on how to “do” the trade
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Stop limits for entry points, and trailing stops
to protect and give exit points
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Trade Tracker to monitor open positions or
potential trade candidates
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Trade Tracker show you current status of the
signal (signaled, opened, cancelled), the position taken, the day entered, and
the trailing stop
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The Trade Tracker is emailed to you daily showing
your own personalized tracking sheet. You can then click on any symbol to view
that stock’s chart.
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Educational tools to help enhance your knowledge
of candle charts.
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Real-time quote display for an instant view of the
situation.
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Fantastic time-saving tool for busy traders.
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Easy navigation, plus the ability to sort all
columns of scores with a single mouse click. The beauty is in the simplicity!
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Takes a jumbled mess of data, makes sense of it,
presents it in an easy-to-use interface to help you trade smarter.
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