Fast Stochastic MA System

I've been looking at trading systems for a couple years and never found one that was just right for me, so i've taken bits and pieces and put together a system that allowed me to turn $200 into $800 in one week(live on CMS), i'll admit that overall i'm underfunded for this but the W/L ratio is so high that i figured i'd give it a try and haven't loss yet so I figured i'd share with everyone.

i used a fast stochastic set at 8,3,3 exponential and only use the %K and ignore the %D i set it to the same color as the background
i also use ma30(red) on the opening price, and a ma20(green) on the opening price, both of these are also exponential.

i set up 3 trading windows with the above settings and 1,15,&30min timframes, then i look at the 15&30 min check the MA if green is on top you look for a long entry, if red is on top you look for a short entry.

The entry signel is determined in several steps
1)the 30 min stoch%K is heading in direction you want your trade to go and still over/under 50 depending on the direction of your trade, on a short trade you want it over 50 and on a long trade you want it under 50,

2) check the 15min stoch and when the %K crosses 20 or 80 you're ready to enter the trade. if you're looking to go long you would enter below 20 and if you are looking to go short you would enter above 80,

3) after the 15min crosses the entry point you could safely enter the trade, however, if you want a precise entry look at the 1 min stoch%K and enter long when it hits 0 and short when it hits 100(this may cause you to miss a entry in a fast moving market but it makes the trade go much faster.

ok, on to my insane MM strategy, with this stratedy i'm using a 15-20pip limit and a 50 pip stoploss and i've been using mini lots i started with $200 and 2lot trades then when i reached $300 i moved up to 3 lots and so in till i reached $800 and 8 lots and that's where i'm at now and i'll continue to increase 1 mini lot at a time until i have reach my goal of $20,000 per trade 135 full lots, in about a year if all goes well. Doing this 1- 3x a day could make someone a lot of money very fast. The downside to this is a single loss could wipe out almost half of your account, but you could use any size account that you would be comfortable with.

I've only done this with the euro because of the 2 pip spread but i'm sure it would work with all the majors as long as you get decent spreads.

The biggest problem i have is waiting for the entry and not getting sidetracked and missing the entry, or being impatient and taking the trade too soon. here is a copy of all the trades so far.

04/13/2009 15:19:32 64095849 EURUSD B .1 1.3350 4/13/2009 12:33:06 1.3375 $25.00 LimitProfit
04/13/2009 19:12:02 64095859 EURUSD B .1 1.3350 4/13/2009 12:33:22 1.3371 $21.00 Close
04/14/2009 20:44:57 64260079 EURUSD S .1 1.3265 4/14/2009 09:56:28 1.3239 $26.00 LimitProfit
04/14/2009 20:44:57 64260089 EURUSD S .1 1.3262 4/14/2009 09:56:35 1.3239 $23.00 LimitProfit
04/15/2009 09:27:27 64381849 EURUSD S .2 1.3181 4/15/2009 08:58:49 1.3156 $50.00 LimitProfit
04/16/2009 05:29:41 64535879 EURUSD S .3 1.3162 4/16/2009 05:12:30 1.3146 $48.00 LimitProfit
04/16/2009 10:45:16 64565919 EURUSD S .3 1.3203 4/16/2009 08:31:57 1.3187 $48.00 LimitProfit
04/17/2009 04:24:07 64685959 EURUSD S .4 1.3084 4/17/2009 00:52:20 1.3069 $60.00 LimitProfit
04/17/2009 09:09:18 64716489 EURUSD S .4 1.3049 4/17/2009 08:56:13 1.3034 $60.00 LimitProfit
04/17/2009 11:14:37 64716939 EURUSD S .5 1.3050 4/17/2009 09:21:21 1.3034 $80.00 LimitProfit
04/20/2009 04:55:36 64837939 EURUSD S .6 1.2987 4/19/2009 21:00:15 1.2971 $96.00 LimitProfit
04/20/2009 09:45:47 65105879 EURUSD S .7 1.2968 4/20/2009 07:50:09 1.2952 $112.00 LimitProfit

Hi,
I've been looking this over.
I must not understand your instructions.
I never see a set up happening, as you describe.
Can you post a couple of charts?
Thanks

This setup occurs less than 10x a day, which is why i concentrate on building up my account and increasing the number of lots rather than taking more trades, my trading platform does not allow me to copy an active chart, but if you know of a program that will take a screenshot of any open program window, let me know and i'll post the screenshots with entry points.

MS Paint will take a screenshot. If you have Windows, Paint is included under accessories.

Hold down Alt and Ctrl and hit the "Print screen" on your keyboard.
That puts the screenshot in your clipboard.
Go to Paint and print it.

I'm sure I misunderstand the rules.
I cannot find a single instance of your setup occurring.

Hey Jaws, have you had an entry today? If so what time?

Here's a free screencapture utility.
I don't know anything about it. I did a search and found it. There are many out there.

http://www.mirekw.com/winfreeware/mwsnap.html

Here's what I mean.
This is the down trend that lasted from Apr. 16 to Apt 21.

You show three trades on Apr. 17.

The first bottom window is the 15M Stoch %K 9,3,3.

The very bottom window is the 30M Stoch %K 9,3,3. It's a Multiple Time Frame indicator and is accurate.

I have marked with vertical green lines the three times the 15M Stoch went over 80.

None of those times was the 30M Stoch above 50 and headed down.

If you can't do a screnshot, maybe you can comment on this chart to show my mistake.
Thanks.

Your right , but when you look at it in realtime, that first entry you marked should have been the next spike which would have crossed the 80 then dropped back down before the close and that is where the 30m stoch is headed down, remember i said i was impatient and entered trades too soon, just getting started. The closest to the perfect entry is the third one that you marked, as you probably noticed if i waited till the 30 min stoch was headed down i would have made my pips a lot faster. I haven't been home all day so i don't have any more trades, but i did have my first loser yesturday by one damn pip(it was at my limit and reversed one pip away)due to me being impatient so my account is a bit smaller today but i'm not worried i'll get it right eventually. i did get a screenshot program so i'll try to get some pics posted soon.

Would you enter when the spoke fell back below 80 or when it first exceeded 80?

I have done both but it's probably a safer entry after it drops below 80 because you never know where the top or bottom is. That's why i use the 30 min to see which direction the longer trend is going. if the 30min is already headed down then the 5min is a short term retrace before it continues back down. Most of the time the 30 min stoch will go over 80 turn around then head down below 20. I ignore any minor reversals so i will enter long when the 30 min stoch is is headed down if it droped below 20 went back above 20 and then reversed before reaching 80.

Jaws810 can you please post the multi indicator ?

best regards

Unfortunately, i don't have any fancy multi timeframe indicators, but i just realized you really don't even need to use multiple time frames, i'm attaching a screen shot that shows all the possible entries from the 15th till today, and if they were successful or not and I only used the 15 min chart.
the thumbs up/down are all the trades where the stoch closed above 80 or below 20 and the smilie faces are the entry points where the stoch crossed but didn't close above 80 or below 20, wether or not you would enter those trades depends on the level of risk you are comfortable with, and the one ? is a trade that was close to the stop and its success would depend on the entry point.

Some of the entries overlap but i was just looking to see how many successful entry points there were, and sorry about the zip files for some reason they wouldn't let me upload in pic formats it kept telling me invalid file extension

Thats a good thing to observe stoch overbought/sell situation for different time frame for the trend.I am trying it.

i ther i´m trying for 2 eyars for a system and now i´m using one like your do you still trade it it still works ? thanks