Stochastic Acceleration System

Greetings,

I have noticed by eyeballing the charts for a few months, 30m and 60m, that when the K Stochastic (14/3/3) breaks 80, oftentimes a nice buy follows and when the K breaks 20 sometimes there is a nice decline.

This is contrary to the way the most people use Stochs to buy an oversold Stoch or sell an overbought Stoch.

I think if a good risk/reward is used, there is money to be made.

I am looking for someone who is interested in developing a filter, in order to filter out false signals.

This is an old method called "Stochastic Pop", by Jake Bernstein.

You might do a Google search for it and find out more about he does it.

My friend and I are working on an EA. It's fully funded by us. We are wanting to open trades based on Velocity/Acceleration i.e. pips/sec when the price pops, as you described, it would open a trade long or short. Acceleration is also monitored.

What we need input on is verification of direction before the trade opens. We'd like one more person to work with in exchange for use of the EA. The programmer has already been retained.