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Craig Harris Stochastics Method

Quoting carlen68
No for now I use a 50 pips stop loss
Carlen, when you get a chance can you comment on this picture?-- http://www.forexfactory.com/showpost...postcount=1430
Sentiment: Short on cash. Long on hope.
Quoting NeoRio
Carlene, a couple questions about the retracement trades...
Hello! I draw a fib from the low to the high or high to the low for the day (from Asia, London or US) (I do not draw a fib from the recent move - very important). If price is in the 0 - 23.6% area then I take the trade back to the the 23.6% and beyond, but if price in your picture already made its move back towards the 23.6% for the day (at about 11:00),so then I look for another pair to trade. By the way the audusd that I lost the 50 pips yesterday from the other days trade would have paid me. It went 52 pips then reversed. Missed it be 2 pips.
KYSS - KEEP YOU SCREEN SIMPLE - GO WITH THE HEARD - TREND IS YOUR FRIEND
Thanks for the explanation.
Sentiment: Short on cash. Long on hope.
  • Post #1,444
  • Quote
  • Edited Mar 25, 2010 8:41am Mar 24, 2010 5:50pm | Edited Mar 25, 2010 8:41am
Here are two indicators I made to show the slope of the Stochastic indicator.

The threshold value for the slope is a value between 0.0 and 1.0. As the slope you see varies with the height of the chart, you will have to empirically decide what value works for you.
Attached Image (click to enlarge)
Click to Enlarge Name: StochSlope.png Size: 27 KB
Attached File(s)
File Type: mq4 Stochastic Slope.mq4   6 KB | 1,811 downloads
File Type: ex4 Stochastic Slope.ex4   4 KB | 1,035 downloads
File Type: mq4 Stochastic Slope Histo.mq4   5 KB | 1,364 downloads
File Type: ex4 Stochastic Slope Histo.ex4   4 KB | 848 downloads
Hi Carlen68,

Stochastics on your charts look same as Craig Harris charts stochastics, do you get it from web site or you are a Craig Harris student ??

If you are a Craig Harris student. How is the course ??

Thanks

Nasir
Quoting Nasir
Hi Carlen68,

Stochastics on your charts look same as Craig Harris charts stochastics, do you get it from web site or you are a Craig Harris student ??

If you are a Craig Harris student. How is the course ??

Thanks

Nasir
No, I do use the CH system, but I also use the Dashboard from www.pipware.com. excellent indicator and alot of people use it. Very in expensive. That stoch comes with it.
KYSS - KEEP YOU SCREEN SIMPLE - GO WITH THE HEARD - TREND IS YOUR FRIEND
  • Post #1,447
  • Quote
  • Edited Mar 25, 2010 11:58am Mar 24, 2010 10:19pm | Edited Mar 25, 2010 11:58am
Here are my trades from today.

eurusd - still in it -20 pips
usdchf - still in it -23 pips
usdjpy - still in it 20 pips, put stop loss at breakeven plus spread. Free trade.
usdcad - 18 pips, could of had another 21 pips.
eurjpy - 16 pips, could of had over more 50 pips.
gbpusd - 11 pips, could of had another 12 pips.
audusd - 19 pips, could of had another 12 pips.

Update

usdjpy 20 pips
eurusd up 4 pips
usdchf down 5 pips

closed the usdchf and eurusd with 5 pips each.

The total for the trades is 94 pips no losses. Nice.

Total for the week is 126 pips. 11 trades (10 wins and 1 loss)
KYSS - KEEP YOU SCREEN SIMPLE - GO WITH THE HEARD - TREND IS YOUR FRIEND
Thanks so much Xaphod for generously supporting us all. I'm liking your version of this slope stochastic more than the one I paid for. Well done and thanks again.
Quoting Xaphod
Here are two indicators I made to show the slope of the Stochastic indicator.

The threshold value for the slope is a value between 0.0 and 1.0. As the slope you see varies with the height of the chart, you will have to empirically decide what value works for you.

Thanks for stoch slope indicator. I compared this indicator on my chart with Craigs stoch on his chart and they look slightly different.
Any thoughts?

Attached Image (click to enlarge)
Click to Enlarge Name: stoch.jpg Size: 122 KB
Quoting Delta
Thanks for stoch slope indicator. I compared this indicator on my chart with Craigs stoch on his chart and they look slightly different.
Any thoughts?
You can try to fine tune the threshold value. If you put the Stochastic Slope Histo.mq4 on the chart you can get the slope calculated for the adjacent bars that are different on the two charts and then set the threshold value accordingly. Make sure you have the same threshold value on both the 'stochastic slope.mq4' and the 'stochastic slope histo.mq4' first.
Attached Image (click to enlarge)
Click to Enlarge Name: StochSlopeValue.png Size: 33 KB
Quoting rivet
Thanks so much Xaphod for generously supporting us all. I'm liking your version of this slope stochastic more than the one I paid for. Well done and thanks again.
You are welcome. Just trying to give back a little to the group.
Hi Delta. The comparison of Craigs chart and Xaphod that you posted shows that in fact Xaphod's set up is "truer" for the CH method. The spots you highlighted, if I'm reading it right, are not traderable and Xaphod's confirm this where as CH's is kinda wrong ... I'm thinking this is right - will stand corrected if so. Good example
Todays trades.

eurjpy closed with 39 pips

usdjpy open still down 6 pips

I will not be trading on Friday. Have a great weekend. Account up 6.8% for the week.

Up 27 pips on the usdjpy trade. Closing it out.
KYSS - KEEP YOU SCREEN SIMPLE - GO WITH THE HEARD - TREND IS YOUR FRIEND
Carlen68,

Thanks for the information.

Nasir
Hi All,

Craig Harris having 2 free webinar tomorrow and Saturday. see link below

Nasir


http://clicks.aweber.com/y/ct/?l=L4j...fQ0.LKdgLV1sIg



http://clicks.aweber.com/y/ct/?l=L4j...GFksI9iW0DmhQQ
Hi Xaphod,

Fail to download your stochastic histogram.mq4. The file read attachment.php when downloaded and can not open. Request help to get your file

Thanks
Quoting redsama
Hi Xaphod,

Fail to download your stochastic histogram.mq4. The file read attachment.php when downloaded and can not open. Request help to get your file

Thanks
That has to do with your browser and forexfactory.com.
See this post for a possible workaround: http://www.forexfactory.com/showpost.php?p=3461825&postcount=1081
I really like this setup...I have spent quite a while fine-tuning it to filter the false breaks of the Tokyo Channel...SUCCESS.

Here's my take on it.

-Darren

Keep up the good work.
Attached Image (click to enlarge)
Click to Enlarge Name: My Take.jpg Size: 126 KB
Want to share the indicators and such? Maybe a template if they are all standard indicators.
Quoting carlen68
Todays trades.

eurjpy closed with 39 pips

usdjpy open still down 6 pips

I will not be trading on Friday. Have a great weekend. Account up 6.8% for the week.

Up 27 pips on the usdjpy trade. Closing it out.

You made that gain only taking 23.6 trades or also other methods?
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