DislikedThanks boxingislife and others for sharing and development of such interesting system.
Currently I'm in testing of indicator based on this system. Do you have some canonical set of setups for entry/exit?
For example,
1) Stochs 20 and 50 should have one trend direction.
2) Stoch 5 should have and opposite trend direction to Stochs 20 and 50.
3) Stochs 20 and 50 should be in safe zone (not oversold or overbought)
4) Stochs 20 and 50 should have lag of 10 stoch's points (should not be too close to each other)
5) Stoch 5 should cross both Stochs 20 and 50
and so on.
I'll insert them into indicator, so everybody could select suitable set of setups. May be picture will help you to understand meIgnored
For exit strategy it seems according to my backtesting that the best exit strategy until now (well i am the only one sharing it's exit strategy test ) it exit on cross of EMA5 SMA8 or WMA8
I must do some further testing on this
Cpainchaud is also working on such an indicator