turbo mouteki | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Divergence Indicator for Turbo-JRSX 0 replies

Turbo's Journal 421 replies

Jumper's journal of Mouteki trading 74 replies

Turbo's Murry Math 23 replies

Attachments: turbo mouteki
Exit Attachments

turbo mouteki

  • #1
  • First Post: Oct 5, 2006 11:16pm Oct 5, 2006 11:16pm
Hey gang,

I post this in the main mouteki thread but it might get over looked w/ all them 1800+ post

I have taken and combined my GET Stoch w/ Mouteki trade setups. I think this can realy help from entering some of those loosing mouteki trades.

I have attached a screen shot I took in the morning to see how today played out. It something to watch...

Many pips to every one.


turbo
Attached File(s)
File Type: zip mouteki watch w stoch.zip   397 KB | 2,182 downloads
  • #2
  • Oct 5, 2006 11:22pm Oct 5, 2006 11:22pm
Interesting using stocastics. Maybe throw in MACD and they can be used together. Also maybe combine to show divergence with price if its going to brake up or down.

A
  • #3
  • Oct 5, 2006 11:23pm Oct 5, 2006 11:23pm
Quoting turbokaos
Hey gang,

I post this in the main mouteki thread but it might get over looked w/ all them 1800+ post

I have taken and combined my GET Stoch w/ Mouteki trade setups. I think this can realy help from entering some of those loosing mouteki trades.

I have attached a screen shot I took in the morning to see how today played out. It something to watch...

Many pips to every one.


turbo

Interesting, can you post the Get Stoch Indicator. .. or is it the same indicator in the platform itself. thanks
  • #4
  • Oct 5, 2006 11:31pm Oct 5, 2006 11:31pm
sorry mate eSignal got that locked up but I'm sure a reg stoch would work. Just what i have observed is even if the demand line has been breached and new candle opens below it if the stoch is over sold and vice versa it might not be a safe play.

trade safe

turbo

Quoting sovo1970
Interesting, can you post the Get Stoch Indicator. .. or is it the same indicator in the platform itself. thanks
  • #5
  • Oct 5, 2006 11:32pm Oct 5, 2006 11:32pm
Quoting turbokaos
Hey gang,

I post this in the main mouteki thread but it might get over looked w/ all them 1800+ post

I have taken and combined my GET Stoch w/ Mouteki trade setups. I think this can realy help from entering some of those loosing mouteki trades.

I have attached a screen shot I took in the morning to see how today played out. It something to watch...

Many pips to every one.


turbo
hey thanx for that.. but how do u use this?? i mean what are the filters for that?? any special conditions?
BECAUSE I CAN !
  • #6
  • Oct 5, 2006 11:34pm Oct 5, 2006 11:34pm
LOL I have already done that w/ Stat Ware's KeesPO

turbo

Quoting AlexFX
Interesting using stocastics. Maybe throw in MACD and they can be used together. Also maybe combine to show divergence with price if its going to brake up or down.

A
Attached Image
  • #7
  • Oct 5, 2006 11:51pm Oct 5, 2006 11:51pm
Nothing special I just happen to use the stoch every day in my normal trading and I wondered how thing would line up if I added to Mouteki...

So far so good only time will tell

my Stoch seting is (14,3,3)

turbo


Quoting YasirYar
hey thanx for that.. but how do u use this?? i mean what are the filters for that?? any special conditions?
  • #8
  • Oct 6, 2006 8:21am Oct 6, 2006 8:21am
if you use stoch to filter your trades you would also miss few very profitable trades, you should backtest it
  • #9
  • Oct 6, 2006 6:59pm Oct 6, 2006 6:59pm
Quoting turbokaos
Nothing special I just happen to use the stoch every day in my normal trading and I wondered how thing would line up if I added to Mouteki...

So far so good only time will tell

my Stoch seting is (14,3,3)

turbo
so u mean .. when the TL breaks for a move downards.. the stochs should also signal a sell? isnt that the same thing as when the RSI cuts 50 level towards the downside?
BECAUSE I CAN !
  • #10
  • Oct 7, 2006 1:54am Oct 7, 2006 1:54am
As I was checking the normal stoch, I kept seeing many successful trades that someone using stoch would avoid...
I am JuMPeR.
  • #11
  • Oct 7, 2006 3:16am Oct 7, 2006 3:16am
Quoting jumper
As I was checking the normal stoch, I kept seeing many successful trades that someone using stoch would avoid...

I found this too.

I also found some failed trades that you would have still taken using the stoch so...although it would have been a nice, simple solution to a complicated problem, I'm not convinced that this is the answer.

Sorry Turbo.

Neil.
  • #12
  • Edited 10:18am Oct 7, 2006 9:42am | Edited 10:18am
Absolutely your going to find some failed trades as well. No where's do I claim this to be a solution to make Mouteki 100% and your never going to find that. Some times I think you guys come from another planet.

I'll I was doing was taking some of what I use in my everyday trading which is looking for multiple confluence to confirm my trades. Simple by looking at the charts you can't deny that there is a correlation to the Stoch direction and the direction of the trend.

For people that haven't figured this one out yet trading is one of the hardest jobs to do out there, why do you think most successful traders spend 16-20hrs a day because they have nothing better to do? When people cry and say they can't do it and they give up I don't feel bad for them. Those are same people that can't ever seem to achieve many things in life. That 95% loosing rate doesn't just apply to trading looking around. 95% of people are working for someone being told by someone what to do. Hmm I wonder why that is as well. It simple but not easy trading or any thing in life if you don't have or not willing to put in the time it really takes to make it work your not going to become successful. If you really think you're going to put to gather the magic black box system that sends you an email so you only have to check a few times a day and come out successful in the long run your dreaming and need to wake up cause I can think of a million better thing you could be doing with that time. I wish everyone nothing but luck cause there is plenty of money to go a round. If you really got a system that is that simple I know guys that are managing 100 million dollars and if your system is proven to work get ready for a totally different life style if you think 4% a week compounds nice on 10k just think what happens on 100mil

I don't claim to the be the best or biggest trader out their but I was lucky enough to learn from some of the few who are managing from 10mil to 100mil w/ certified track records doing 75% a year and if your intreasted in open an acount the minim is 1m+.

turbo


Quoting Neilg36
I found this too.

I also found some failed trades that you would have still taken using the stoch so...although it would have been a nice, simple solution to a complicated problem, I'm not convinced that this is the answer.

Sorry Turbo.

Neil.
  • #13
  • Oct 8, 2006 4:49am Oct 8, 2006 4:49am
Quoting turbokaos

If you really think you're going to put to gather the magic black box system that sends you an email so you only have to check a few times a day and come out successful in the long run your dreaming
turbo

I don't.
  • #14
  • Oct 8, 2006 6:52am Oct 8, 2006 6:52am
I use this indicator in my system. I have had good results with it, I do have a journal on here but I do not know how to link it, so I have attached my system.
Attached File(s)
File Type: doc Strategy[1].doc   26 KB | 1,427 downloads
  • #15
  • Oct 10, 2006 9:16am Oct 10, 2006 9:16am
New to the board, so hello everyone!

This trading style seems like a real nice piece to a trade plan. I wasn't doing anything with trend lines, so this is a big addition for me... My trading partner & I hit on our first paper trade on the EUR/CAD on Friday and are in short on the GBP/JPY now... Again, the Mouteki trade style seems like an exceptional trading tool.

turbo, thanks for your input. When it comes to filters, it comes down to personal preference, I guess...Myself, I tend to like RSI better than stochastics or MACD; But, that's just me... Actually, I like using RSI with CCI. It's been a pretty good filter on pivot trades. I'll see how it works with Mouteki. One adjustment I think I need to make is using a bigger entry light for Mouteki than the pivot trades.

On filters in general, definitely have to use price action with support and resistance levels for cleaner entries... Verifying this with an indicator or two seems like a smart thing to do.
  • #16
  • Oct 19, 2006 6:26pm Oct 19, 2006 6:26pm
Thanks Ptournis. Interesting system. I will check it out. Holler!
  • #17
  • Last Post: Oct 26, 2006 7:59am Oct 26, 2006 7:59am
Hi Ptournis. Thanks for sharing your strategy. When you place the order 1 pip above the previous bar, what is the timeframe of this bar. Thanks.karl
0 traders viewing now