DislikedI use mtf stochs in the following way. I place trades when the 30 (gold) and 1hr (dark green) line up or down when moving past 20 and 80 respectively and then pay attention to the trades, most of the time you can bang out 30-100 pips per trade, and if the 4hr (red) and daily line up you can ride the pip train for days some times. I also use the stoch ropes on the same chart, I like the added color. The other indicator on the attached chart is the alligator, you don't trade when the alligator lines are tight together. Th alligator tends to keep you out of crappy trades where price does not really go anywhere. To me this is the simplest and most effective way to trade and be profitable.Ignored
Thanks for sharing. What is the para settings you used for the alligator?