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MTF Stochastics Trading

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  • Post #1,001
  • Quote
  • Dec 12, 2018 9:27am Dec 12, 2018 9:27am
  •  Simply-Me
  • | Joined Oct 2017 | Status: Member | 499 Posts
Quoting bobby2
Disliked
My sincere apologies to new-comers and subscribers, but as of today, Friday, August 31st, 2018, I will no longer participate this thread. Except for a few a few individuals who followed the rules, the thread developed into a forum for people to take this trading plan and then, because they know better, make their own rules. Not only did they make their own rules, they couldn't resist the urge to share their sudden enlightenment on my thread. I asked people, many times, not do this. It persisted. I got tired of asking people to do as I asked. My...
Ignored

Hi,cannot you just ban all those morons and keep good thing running?
Whether you think you can, or you think you can't,you're right. H.F.
  • Post #1,002
  • Quote
  • Dec 18, 2018 2:32am Dec 18, 2018 2:32am
  •  loopd
  • | Joined Dec 2018 | Status: Member | 30 Posts
greetings to all FF users, i am new to FF so I cannot post new thread yet. thus I am posting my question related to MTF in MT4 here. I have an USD index indicator which was downloaded from MQL community website. I used it in my EA, however when I backtest the indicator for whatever reason shifted x bars when I did not input any shifting parameter, however, when I put the EA in live environment the calculation seems right. I always know MT4 cannot do multi-currency trading. but from a lot of articles no one mentioned it cannot read data from multi-currency charts. could anyone explain some idea why I am getting such shift in backtest environment? THX!
  • Post #1,003
  • Quote
  • Dec 18, 2018 2:56am Dec 18, 2018 2:56am
  •  loopd
  • | Joined Dec 2018 | Status: Member | 30 Posts
to be more specific
the indicator is from https://www.mql5.com/en/articles/2660 the USDX file I attached the one I used here. and my testing EA is attached. the plot is just somehow shifted and the ATR indicator or any other indicator I tried have o such issue. THX!
Attached Files
File Type: mq4 USDX_divergence_test.mq4   6 KB | 120 downloads
File Type: mq4 usdx_shift.mq4   20 KB | 134 downloads
  • Post #1,004
  • Quote
  • Dec 27, 2018 11:29pm Dec 27, 2018 11:29pm
  •  haohyip
  • | Joined Aug 2016 | Status: Member | 32 Posts
Hi mistakesr,

do you know how to get 6h, 8h and 12h mtf stochastic indicator?
  • Post #1,005
  • Quote
  • Jan 2, 2019 3:53am Jan 2, 2019 3:53am
  •  mistakesr
  • Joined Sep 2014 | Status: Member | 286 Posts
Quoting haohyip
Disliked
Hi mistakesr, do you know how to get 6h, 8h and 12h mtf stochastic indicator?
Ignored
Sorry, I don't. You'd have to get it coded.
Ardua Ad Astra Per
  • Post #1,006
  • Quote
  • Jan 2, 2019 6:49am Jan 2, 2019 6:49am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
Good luck trading 2019 and take care!
trading is war - life is simple
  • Post #1,007
  • Quote
  • Jan 4, 2019 3:09am Jan 4, 2019 3:09am
  •  fullaforex
  • Joined Mar 2015 | Status: Member | 90 Posts
For Next Higher Timeframe without the bar lag try a Stochastic setting on the current timeframe of 40,10,10. Close enough for me.
Cheers.
  • Post #1,008
  • Quote
  • Jan 4, 2019 6:12am Jan 4, 2019 6:12am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
If you are doing well with the 40,10,10 - it's ok. But remember, if known
of the former GMS thread ref stochs, it's mostly a good sign, if the stoch
comes from above 80 / below 20 with the 'mouth wide open'.

josch
trading is war - life is simple
  • Post #1,009
  • Quote
  • Edited at 5:06am Jan 8, 2019 4:55am | Edited at 5:06am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
Sell USD/CAD at GMS signal 7.1+
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Name: USDCADM5.png
Size: 27 KB
trading is war - life is simple
  • Post #1,010
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  • Jan 8, 2019 6:43am Jan 8, 2019 6:43am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
Buy USD/CAD at GMS signal, but too long resistance above YL 1.4+
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trading is war - life is simple
  • Post #1,011
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  • Jan 8, 2019 9:03am Jan 8, 2019 9:03am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
Sell AUD/USD at GMS signal, cover at full hour 6.0+
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trading is war - life is simple
  • Post #1,012
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  • Jan 8, 2019 11:36am Jan 8, 2019 11:36am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
Buy GBP/USD at GMS signal, fast 6.1+ by USD weakness
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trading is war - life is simple
  • Post #1,013
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  • Jan 8, 2019 11:43am Jan 8, 2019 11:43am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
Buy NZD/USD at GMS signal, being not impressed by weak USD, cover almost B/E 0.5+
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Name: NZDUSDM5.png
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trading is war - life is simple
  • Post #1,014
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  • Jan 9, 2019 6:10am Jan 9, 2019 6:10am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
Buy CAD/CHF at GMS signal, covered at full hour and close below of 10MA 2.9-
Wasn't a HPT (high probability trade) because executed at daily R1.
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Name: CADCHFM5.png
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trading is war - life is simple
  • Post #1,015
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  • Jan 9, 2019 7:08am Jan 9, 2019 7:08am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
Not a trade, nonetheless 5/15 stochs looking ok, because daily R1 and YH above,
higher stochs H1/H4 pointing down, means predominant downtrend.
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Name: EURJPYM5.png
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trading is war - life is simple
  • Post #1,016
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  • Jan 30, 2019 12:29pm Jan 30, 2019 12:29pm
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
Trades of today ...
EUR/JPY 3 pips entry too late.
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trading is war - life is simple
2
  • Post #1,017
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  • Feb 1, 2019 9:46am Feb 1, 2019 9:46am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
Trades of today, friday, nonetheless not a typical day.
USD/JPY bounced > BE (0.5+)
EUR/GBP small target YH > 4.1+
Have a nice weekend!
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trading is war - life is simple
1
  • Post #1,018
  • Quote
  • Feb 1, 2019 10:30am Feb 1, 2019 10:30am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
EUR/GBP - finally not the YH, but daily S1 acted as support ... so far.
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Name: 3.png
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trading is war - life is simple
  • Post #1,019
  • Quote
  • Feb 1, 2019 10:32am Feb 1, 2019 10:32am
  •  josch
  • Joined Jun 2010 | Status: Member | 539 Posts
EUR/GBP - and after the fact you know it best
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Name: 4.png
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trading is war - life is simple
  • Post #1,020
  • Quote
  • Feb 4, 2019 10:26am Feb 4, 2019 10:26am
  •  obiwandax
  • | Joined Oct 2018 | Status: Member | 71 Posts
I am having huge performance issues with the MTF Stochastics on MT4.
Decided to revert back to my own set-up. I trade pullbacks using Stochastics.

This is a neat method, although I trade it slightly differently.
I am abandoning the MTF indicator until I can write my own version.

Meanwhile, wish those MTF traders the best of luck with this.
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