DislikedFor clarity you mean Non-Farm Payroll days?
I trade regardless of news....because the stochastics move the same. Will you find a good trade on an NFP day? That depends on the day.Ignored
Time hides Nothing
Spud's MTF FIB Breakout System 370 replies
MTF Stochastics 1,482 replies
MTF Stochastics into MTF Stoch Histogram 8 replies
Trading MTF STochastics Manual 13 replies
Journal related to: Spud's MTF Stochastics 178 replies
DislikedFor clarity you mean Non-Farm Payroll days?
I trade regardless of news....because the stochastics move the same. Will you find a good trade on an NFP day? That depends on the day.Ignored
Dislikedi contacted some programmers asking for an indicator that calculates the difference between the last 2 closed stochastic bars
and cja...Ignored
DislikedI designed the chart below to help depict where our M5,M15,M30,H1 and H4 stochastics should be in relation to each other on triggers....you should then see the movement build in the direction of our trade.
Each chart is independent, but they can also appear left to right or right to left through a serries of shorts or longs as price moves through a long period of time.
If you look at the Short Entries together in a series, notice how it looks like bubbles rising...first the M15, then the M30, then the H1 and then the H4. This is a continuous series of short trades (there are long trades inbetween).
Do you see how backwards it looks in a series? It is as if the Short Entries are moving the Stochastics...Ignored
DislikedThe first number is the measure of %K over xx time periods....in this case we are measuring over 14 time periods. A 5,3,3 or 5,x,x measures over 5 time periods. Therefore, 14,x,x on the 5 minute covers 14x5 minutes and 14,x,x on the 30 minute covers 14 x 30 minutes. There are lots of adjustments that can be made...for instance we could sync the time frames so that they measure the same time frame, etc.
The second number is %D which is a moving average. It really doesn't matter what we put in %D, but usually I will say 14,3,3 or 14,1,3 just because it is easier to remember. I find %D very meaningless and simply confuses the issues when using stochastics over MTF.
The last number is called...Ignored
DislikedCorrect in some ways. These are defined exit points. However, one has to consider PIP profit as an exit too. As well you have to look at what the MTF stochastics are doing....the easy one is if say the M15 satys pointed down in a short trade...do I ride that until it turns up?
I suggested the defined exit points as an alternative to make the trading black and white. To be more efficient in our trades and when back-testing you should explore the "fuzzier" exits.Ignored
QuoteDislikedHere we have confirmatin of our long trigger but now have a short trigger. However, here we can already see our short trigger will be invalid as our M15 and M30 still need to move up.
QuoteDislikedRight now in this ball position signals an extremely high probability for downward movement
DislikedSorry to back track here Spud but after reading through the thread again I'm a little confused about a couple of posts you made... The first one Post #181
But on the next page post #206 you use the exact same example and chart pic but say..
THe trade went short some 50+ pips so im thinking it was a valid short?
I understand the logic in the short trade but am confused as to why in post #186 you called this an invalid short signal
CheersIgnored
DislikedMy guess is that there was a time difference of more than 17 hrs between the screen shots. So the 5M stoch could had moved a few cycles up and down to the final line up in screen shot of post #206.Ignored
DislikedYou're absolutly right I don't know how I missed that however my confusion remains because the stochs are in almost identical positions in both examples.
hmmIgnored
DislikedThe logic behind Predictive Mutli-Time Frame Stochastics is to get in early on a trend. Ride the stochastics through the trade and exit when the trend turns against us...or when we'v emade our PIPS for the day.
This chart is almost the beginnings of a perfect Escalator Ride up. The only hinderence is our H4 which is expected to go down. However, we know that for H4 to go down, everything will have to go up first..and if H4 decides to turn and go up...we are with it.
So typical M5/M15 long entry set up where M5 long trigger has gone off, we have price up and M15 stochastic moves up.
The stochastic show us what we expect that M5-H1 will want to move up.
Notice that by waiting for the M5/M15...Ignored