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Best use of Stochastics please

  • #21
  • Dec 5, 2012 2:09pm Dec 5, 2012 2:09pm
I like binary option..1 min charts. What do you think the best settings for STO would be? any other suggestions with winning 60 options?




Quoting Bemac
Any study of Any situation can only examine what has already passed.
Does that mean we should shut down all the Universities?
Of Course not.

One of the biggest reasons "Indicators Do Not Work" is that they are applied wrong OR expected to be infallible.

Before you try manipulating User Inputs in Any Indicator, it is imperative that you understand the Mechanics of that indicator.

Hanz suggested 22:5:11 {assumebly} for your Daily Request.
Dracula suggested 5:3:3 for a 4Hr chart

Both make sense if you Understand What Stohs Measure....
  • #22
  • Apr 13, 2016 4:15pm Apr 13, 2016 4:15pm
anyone could advise the best timeframe and the best settings for the Stochastic indicator?????
  • #23
  • Dec 28, 2016 12:45am Dec 28, 2016 12:45am
14.7.3 m15
what we want:1+1+1+1+1+1+1+1=8 what market delivers:1+2+8+7-4+0-5+8-4-5=8
  • #24
  • Dec 28, 2016 12:57am Dec 28, 2016 12:57am
Quoting dragon77
Hi all, I have been looking round here for a while and would like to ask if anyone could advise the best timeframe and the best settings for the Stochastic indicator. I like to day trade so any info that might help me...and others would be appreciated.
Best timeframe: none.
Best settings: not on chart.
  • #25
  • Dec 28, 2016 11:07am Dec 28, 2016 11:07am
This trading strategy is not perfect and is certainly not profitable if traded mechanically. However, it offers a solid starting point for both system and discretionary swing traders.
  • #26
  • Apr 14, 2018 10:27am Apr 14, 2018 10:27am
Quoting dragon77
Hi all, I have been looking round here for a while and would like to ask if anyone could advise the best timeframe and the best settings for the Stochastic indicator. I like to day trade so any info that might help me...and others would be appreciated.
5,3,3 (default) on 4 hr
no sl
buy and sell on 20/ 80 level when it points upward below 20 vice versa
take every signal
  • #27
  • Edited 5:59pm Apr 14, 2018 5:39pm | Edited 5:59pm
helo all, use this stochastic setting in 1H 4H TF then use trendlines/SR to confirm the signal.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: stoch 2.png Size: 89 KB
Click to Enlarge Name: stoch.png Size: 38 KB
Attached File(s)
File Type: tpl trendstochastic 1h 4h.tpl   57 KB | 551 downloads
  • #28
  • Apr 16, 2018 4:26am Apr 16, 2018 4:26am
Stoch (5,3,3) is very helpful on me. When the indicator cross the top dashed line, you have to open "Sell" position. Keep the position open till indicator cross the bottom dashed line. Then close the "Sell" position and open "Buy" position...
Attached Image (click to enlarge)
Click to Enlarge Name: Stoch.jpg Size: 156 KB
  • #29
  • Apr 16, 2018 4:53am Apr 16, 2018 4:53am
You can use stoch with any settings.
The settings depend of your trading style.

And never use stoch (cross or OB/OS or divergence) alone to make an entry, use always in conjunction with PA and market sentiment.
I have used stoch in the past but not anymore.

Good luck
POW!
  • #30
  • Apr 17, 2018 1:09am Apr 17, 2018 1:09am
My advice is, the best use for sto is not to use it at all. Use a naked chart.
  • #31
  • Apr 24, 2018 11:23pm Apr 24, 2018 11:23pm
Quoting pooh123
My advice is, the best use for sto is not to use it at all. Use a naked chart.
Yes, a fresh chart is always best option; I also use PA strategy here for knowing all of technical aspects of the FX market.
  • #32
  • Last Post: May 21, 2018 3:13am May 21, 2018 3:13am
The traders who are particularly price action trader first of all have to ensure fresh trading chart which is very supportive to predict the real faction of this market with surely.
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