Disliked{quote} If I understood eurusdd's explanation on the stoch mismatch, it's only to find price levels the market is likely to return to. Direction/strength would be gleaned from other indicators.Ignored
Stoch at 0/100 levels is really the same as a potential TZ. It is going into areas where price has not been in h number of bars.
A stoch configured with 300,1,1 is essentially the same as configuring the TZ indicator with a h of 300.
Stoch obviously does not show mid-bar transients
Stoch is showing the highest/lowest close within x number of bars. The TZ indicator shows places were price has not been in x number of bars.
So when price hits 0/100 levels stoch cannot follow so you can expect at some time price will need to come back down/up to mirror price again. As if you have the right stoch settings the stoch and price will like to mirror each other most of the time.
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