Disliked{quote} Thanks Albert for posting quite a few charts and for the regular updates. Just getting a feel of your style now and i have lot of demoing to do. If i may ask, 1. What is the significance of choosing 25 as the number of periods? 2. If we choose a different period like, say 15, does the stop loss also needs to be the High or Low of the previous 15 candles? Have a nice day. ThanksIgnored
2. Yes.
1. You have to strike a balance for many factors. Remember I use the ZZ for trend direction, a small ZZ will give a smaller SL size, and too many signals.....better for scalpers. A big ZZ say 100 will give a bigger trend (pips) but a bigger initial SL. These are just few factors to consider......now you have to factor the stoch and it must be as close as possible to the ZZ. In fact it should be the same as the ZZ. My setting are fine for 1H and higher, I take maybe 70 to 120 pips depending on the market.
Al.
My help is in the name of the Lord who made heaven and earth.