Spuds Stochastic Thread Theory | Page 15 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Multi Stoch - expanding upon 'Spud's Stochastic Thread Theory' 254 replies

Stochastic divergence indicator with stochastic cross? 0 replies

Spuds Stochastic Thread TRADES Factory 63 replies

Stochastic slow!? 1 reply

Stochastic question from newbie. 2 replies

Attachments: Spuds Stochastic Thread Theory
Exit Attachments

Spuds Stochastic Thread Theory

  • #281
  • Jun 14, 2017 8:25pm Jun 14, 2017 8:25pm
Spuds Stochastic Thread Theory with TDI

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 48 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #282
  • Jun 14, 2017 9:23pm Jun 14, 2017 9:23pm
Quoting v2vboni
Spuds Stochastic Thread Theory with TDI {image}
'rope' is just a sudden big move. It looks obvious in hindsight but it should be very difficult and dangerous (chasing) to catch in real-time IMHO... slingshot is better approach (for details, visit Alien's thread) i think.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-06-15_11-19-35.png Size: 4 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #283
  • Jun 14, 2017 10:09pm Jun 14, 2017 10:09pm
Quoting heispark
{quote} 'rope' is just a sudden big move. It looks obvious in hindsight but it should be very difficult and dangerous (chasing) to catch in real-time IMHO... slingshot is better approach (for details, visit Alien's thread) i think. {image}
...maybe
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 73 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #284
  • Jun 15, 2017 7:00am Jun 15, 2017 7:00am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 49 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #285
  • Jun 15, 2017 10:33am Jun 15, 2017 10:33am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 67 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #286
  • Jun 16, 2017 8:18pm Jun 16, 2017 8:18pm
This is my own modified version of Spuds Stochastic Thread Theory with MTF mode and using the Average Price Bar (APB) calculation...

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 46 KB


You may now download or ask technical question(s) from its indicator development journal FF thread >>> here
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #287
  • Edited 6:12pm Dec 28, 2017 5:52pm | Edited 6:12pm
Quoting v2vboni
This is my own modified version of Spuds Stochastic Thread Theory with MTF mode and using the Average Price Bar (APB) calculation... {image} You may now download or ask technical question(s) from its indicator development journal FF thread >>> here
v2vBoni, per your msg, here are two indicators:
1) Stoc_Spud - does not actually do an MTF call, but does allow you to plot the curve on the current chart for non-chart time-frames. Just remember, the points on the plot for an alternate time do not represent the time on the chart, ie, if you are looking at an mn1 plot on an m15 chart, the bar 2 for the plot is 2+ months ago versus the 30+ minutes ago on the chart.
2) Stoc_Spud_MTF - makes the iCustom call for MTF. I've never been a fan of that as it has a lot of overhead and this gives the msg "indicator is too slow, please re-write the indicator" when doing MTF. So, this may be more of a template than anything else.

I wasn't sure what you wanted to do with the vertical lines, but I put some in. Hope this all helps.
Attached File(s)
File Type: mq4 Stoc_Spud.mq4   26 KB | 1,121 downloads
File Type: mq4 Stoc_Spud_MTF.mq4   25 KB | 1,250 downloads
  • #288
  • Dec 29, 2017 1:46am Dec 29, 2017 1:46am
Quoting lukeb
{quote} v2vBoni, per your msg, here are two indicators: 1) Stoc_Spud - does not actually do an MTF call, but does allow you to plot the curve on the current chart for non-chart time-frames. Just remember, the points on the plot for an alternate time do not represent the time on the chart, ie, if you are looking at an mn1 plot on an m15 chart, the bar 2 for the plot is 2+ months ago versus the 30+ minutes ago on the chart. 2) Stoc_Spud_MTF - makes the iCustom call for MTF. I've never been a fan of that as it has a lot of overhead and this gives the...
Thanks Lukeb... I'll look into your code and study it. As always, you have a superb advance coding.

... I asked your help because of what you've done with the ergonomic mtf cci indicator lately. I wanted to mimic that kind of optional mtf behavior within the sub-window only.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #289
  • Dec 29, 2017 8:22pm Dec 29, 2017 8:22pm
Quoting v2vboni
{quote} optional mtf behavior.
Fixed a couple things up, still not something right with the 'moveUp' function. Press that Time-Frame Button!
Attached File(s)
File Type: mq4 Stoc_Spud.mq4   27 KB | 1,363 downloads
  • #290
  • Dec 30, 2017 10:38am Dec 30, 2017 10:38am
Quoting lukeb
{quote} Fixed a couple things up, still not something right with the 'moveUp' function. Press that Time-Frame Button! {file}
Thank you very much!!!

Spudfyre's legacy will continue to live on because of this Spud's Stochastic Thread Theory MTF version you've made.


Again, thanks a lot!
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #291
  • Dec 31, 2017 11:05am Dec 31, 2017 11:05am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 430 KB
Success is a Journey Not a Destination....... kind regards ramzam
  • #292
  • Jul 4, 2022 7:49pm Jul 4, 2022 7:49pm
Spuds Stochastic Thread Theory

For June 2022, EURUSD, there are 11 days out of 22 that have the golden thread.
This is for M15 charts only.
Attached Image (click to enlarge)
Click to Enlarge Name: StochThread01.png Size: 1 KB
Attached File(s)
File Type: tpl Spuds Stochastic Thread Theory.tpl   6 KB | 645 downloads
File Type: pdf M15 June 2022 EURUSD Stochastic.pdf   577 KB | 780 downloads
I don't know mql4
  • #293
  • Jul 5, 2022 7:35pm Jul 5, 2022 7:35pm
Spuds Stochastic Thread Theory
(on/off button)
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15_Spuds_Stochastic_Thread_Theory.png Size: 63 KB
Attached File(s)
File Type: mq4 Spuds Stochastic Thread Theory BT.mq4   30 KB | 754 downloads
I don't know mql4
  • #294
  • Jul 6, 2022 2:05am Jul 6, 2022 2:05am
Quoting Kromdaz
Spuds Stochastic Thread Theory For June 2022, EURUSD, there are 11 days out of 22 that have the golden thread. This is for M15 charts only. {file} {image} {image}
I remember Spudfyre, he was a great trader.
His Stochastic-based systems are very complex and rich in nuances ,they must be studied well.
Do you only enter when you see the golden thread?

PS , for me this is one of his most fascinating systems : https://www.forexfactory.com/thread/...he-forex-trend?
  • #295
  • Mar 26, 2024 9:05am Mar 26, 2024 9:05am
Banzai in post 93 speaks of Spudfire's multistoch being set on the chart rather than as Spudfire set below chart as normally done, this intrigued me so I tried Banzai's version only to find it wouldn't compile without error so I did the google thing coming up with MLaden's updated version. It's here if you want to try it out. It can be utilised as Spudfire did with setting the indicator more than once. I tried this myself (it works) but I found it made my chart to busy so I've settled on using MLaden's on chart, Spudfire's below as this screenshot shows

the original indicator was created by Mladen as well as the updated version
Attached Image (click to enlarge)
Click to Enlarge Name: mt4 chart.jpg Size: 98 KB
Attached File(s)
File Type: mq4 OnChart_Stochastic_Channel_(FL_MTF).mq4   7 KB | 533 downloads
"You know what needs to be addressed , completely completely reverse that".
  • #296
  • Edited 10:29pm Jul 30, 2025 10:01pm | Edited 10:29pm
For anyone whose still following this thread, let me share another possible way that you can trade with this approach. Basically, we’ll be using the currency indices to match momentum strength against momentum weakness, to catch big moves. To access currency index charts, you can go to a website like mataf (its free to use) and you can get access to each currency index. Note that the trading view currency index charts have data limitations for Asian / London sessions. On teh currency index charts, you can then add the various stochastic indicators and then you just want to wait for good looking strength v weakness momentum signals.

I'll share a chart example of what I mean. In this example, the AUD is showing weakness and the USD is showing strength. This is a nice looking setup to trade these currencies against one another. We open up the AUDUSD chart and we enter a sell trade once we see everything aligning on the currency index charts. Stops go behind some kind of structure, in a logical position (remember that the momentum is with us) and then we can just take profits in a way that aligns with our own preferences. And whilst you wouldn’t have been able to take every pip in this move, this trade example can help to show you just how powerful this idea can be.

In summary, the idea is to trade momentum strength against momentum weakness and we are using multiple timeframes to give us a better feel of the true story. Also, this is just an idea - I haven't back tested this approach in any great detail and I am not making any claims to how effective this will be. I just wanted to share the idea, just in case it can help.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2025-07-31 at 2.45.17 PM.png Size: 46 KB
Click to Enlarge Name: Screen Shot 2025-07-31 at 2.48.03 PM.png Size: 55 KB
Click to Enlarge Name: Screen Shot 2025-07-31 at 2.50.04 PM.png Size: 24 KB
  • #297
  • Mar 7, 2026 3:42am Mar 7, 2026 3:42am
Quoting Spudfyre
... 2. From "1" the consolidation into a rope is quick and then the threads are combed again. Now the big problem with this trade is that we had a large upward spike right after the rope formed. However, if we followed the theory and stayed in the trade we would have been alright to the end. This illustrates the importance of following a trade to the end as use the stochastic patterns as your guide. If we are studying the stochastics we should be thinking of an entry right after the peak and price spike. We have a nicely combed stochastic...
I need some help with that statement.
According to the rules as I understand them, enter at the first peak (labeled 1).
Stating that I should enter after the price spike is like I somehow should be able to predict that price spike.

Under point 5 it's stated that entering at point 1 was too early aka wrong.
Under point 7 it's stated that entering on a string peak is conservative and a fishnet getting combed is a better entry.

So what am I missing? What signs where there to conclude 1 wasn't the right entry point because a price spike was to be expected?
  • #298
  • Last Post: Mar 12, 2026 1:42pm Mar 12, 2026 1:42pm
Quoting Contrarian
{quote} I need some help with that statement. According to the rules as I understand them, enter at the first peak (labeled 1). Stating that I should enter after the price spike is like I somehow should be able to predict that price spike. Under point 5 it's stated that entering at point 1 was too early aka wrong. Under point 7 it's stated that entering on a string peak is conservative and a fishnet getting combed is a better entry. So what am I missing? What signs where there to conclude 1 wasn't the right entry point because a price spike was...
There's simply no way to predict the second peak. The only thing that could have been used to delay entry is not having the perfect score of 285 on the stochastics. Perhaps the entry could have occurred with a smaller size, with a rise after the peak since there is a divergence. At least that's how I would have traded it.
Is there anyone using this strategy on the daily? What do you think about determining the trend on the weekly and looking for entry points in progress on the daily?
0 traders viewing now