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Spuds Stochastic Thread Theory

  • #41
  • Jul 10, 2007 4:10pm Jul 10, 2007 4:10pm
the indicators and template
Attached File(s)
File Type: mq4 #MTF Stochastic Thread.mq4   5 KB | 2,457 downloads
File Type: mq4 #MTF Stochastic Thread elasticity.mq4   5 KB | 2,496 downloads
File Type: tpl #stochs thread 2.tpl   4 KB | 2,140 downloads
  • #42
  • Jul 10, 2007 4:36pm Jul 10, 2007 4:36pm
Quoting emda
a screenshot with my latest indicators for threads.
v1.1 of Threads and v1.1 of Elasticity histogram indicator.
The gray histogram is the same. It measures deployment of the threads from the wall.
The new elasticity histogram indicator (in LightSteelBlue colour) predicts a change in direction of the Stochs wall before it happens.
I'm new developing indicators... any comment appreciated.
Hi emda,

Great looking indicators!! I have been trying to work with the elasticity concept since Spud first introduced it. Like all trading, sometimes works well, sometimes not.

How do you propose to utilise the indicators you have developed here? I have been eyeballing a few charts and initially I thought that when the histograms were small or non-existant it showed a good trending market and a nice time to trade, but then again maybe not.

Any ideas?

G-Man
  • #43
  • Jul 10, 2007 5:15pm Jul 10, 2007 5:15pm
another example of the use of elasticity.... in the fall of GJ today.... how to predict another fall after the big fall ? elasticity....
look...

wall was going up to recover from the first fall... but elasticity appeared... so... it indicates main wall (green) going to change in direction... and it did... wall started to go down after crashing into the blue formed wall... and price follows main wall. Elasticity indicator(blue bottom histogram) predicted a change in wall direction... an another fall... and nearly 200 pips right now...
Attached Image (click to enlarge)
Click to Enlarge Name: elasticity 2.jpg Size: 52 KB
  • #44
  • Edited 6:13pm Jul 10, 2007 5:16pm | Edited 6:13pm
Quoting G-Man
Hi emda,

Great looking indicators!! I have been trying to work with the elasticity concept since Spud first introduced it. Like all trading, sometimes works well, sometimes not.

How do you propose to utilise the indicators you have developed here? I have been eyeballing a few charts and initially I thought that when the histograms were small or non-existant it showed a good trending market and a nice time to trade, but then again maybe not.

Any ideas?

G-Man
Yes... when the gray histogram is small.. good rope... but blue histogram is elasticity... another different thing.. as I explained in the previous post.

Many more charts and explanations in todays realtime chat "MTF traders" room. www.tradingrooms.com
  • #45
  • Jul 11, 2007 7:09am Jul 11, 2007 7:09am
spud is this strategy same as Escalator to pips strategy? which strategy do you use right now?
  • #46
  • Jul 11, 2007 8:35am Jul 11, 2007 8:35am
Quoting emda
a screenshot with my latest indicators for threads.
v1.1 of Threads and v1.1 of Elasticity histogram indicator.
The gray histogram is the same. It measures deployment of the threads from the wall.
The new elasticity histogram indicator (in LightSteelBlue colour) predicts a change in direction of the Stochs wall before it happens.
I'm new developing indicators... any comment appreciated.
Emda, great work! Your indicator clearly adds clarity to visualization of elasticity
  • #47
  • Jul 11, 2007 8:44am Jul 11, 2007 8:44am
Quoting bapho
spud is this strategy same as Escalator to pips strategy? which strategy do you use right now?
If I answered "yes" and "both" does that help? You can use threads with MTF stochastics the exact way you would use normal stochastics. The benefit behind threads is that you can see the moves much easier if you follow my thread theory.

So, yes you can use thread theory for Escalator to Pips. Follow the time frames down or up...pip, pip, pip.

I don't rely on any one system...I use all the tools and trade when each gives me a trade. Sometimes it starts as one trade and evolves into several tools or sometimes multiple trades are made from all the tools.

By far I trade "elasticity" the most and "to" trades. Most of these trades turn into or are Escalator to Pip trades. I use thread theory the most for trading as opposed to the single stochastic....as it increases my win %.
I trade peaks and trends probably the next most often. In the dull moments I scalp.
  • #48
  • Jul 11, 2007 9:03am Jul 11, 2007 9:03am
Quoting emda
another example of the use of elasticity.... in the fall of GJ today.... how to predict another fall after the big fall ? elasticity....
look...

wall was going up to recover from the first fall... but elasticity appeared... so... it indicates main wall (green) going to change in direction... and it did... wall started to go down after crashing into the blue formed wall... and price follows main wall. Elasticity indicator(blue bottom histogram) predicted a change in wall direction... an another fall... and nearly 200 pips right now...
Not sure how hard it is, but if possible perhaps stick in trade direction arrows into the indicator or maybe have colour change in histogram for long and shorts?
  • #49
  • Jul 11, 2007 2:20pm Jul 11, 2007 2:20pm
Please upgrade to version 1.2
there was a bug... now it's fixed... and also you can choose different colours if the elasticity is from the LTFS or from the HTFS.... LightSalmon (by default) elasticity is stronger than LightSteelBlue. Also the value of it indicates elasticity strength. With MinimumElasticity parameter set to 10, if the histogram reaches 23.6 is a very strong elasticity. and if it is DarkSalmon even more.
Attached File(s)
File Type: mq4 #MTF Stochastic Thread elasticity.mq4   5 KB | 2,407 downloads
  • #50
  • Jul 11, 2007 3:19pm Jul 11, 2007 3:19pm
Quoting Spudfyre
Not sure how hard it is, but if possible perhaps stick in trade direction arrows into the indicator or maybe have colour change in histogram for long and shorts?
It could be... but how to determine mechanically the long and short zones?
  • #51
  • Jul 11, 2007 4:15pm Jul 11, 2007 4:15pm
Quoting emda
It could be... but how to determine mechanically the long and short zones?
Working on it.
  • #52
  • Jul 12, 2007 6:32am Jul 12, 2007 6:32am

Quoting emda
Please upgrade to version 1.2

Quoting emda
there was a bug... now it's fixed... and also you can choose different colours if the elasticity is from the LTFS or from the HTFS.... LightSalmon (by default) elasticity is stronger than LightSteelBlue. Also the value of it indicates elasticity strength. With MinimumElasticity parameter set to 10, if the histogram reaches 23.6 is a very strong elasticity. and if it is DarkSalmon even more.


hey emda...
i not sure what is the diffrent between top elastic and bottom elastic...
"Analysis Is Hard But Trade Is Easy"
  • #53
  • Jul 12, 2007 7:13am Jul 12, 2007 7:13am
Quoting Se[V]eN
[left]
hey emda...
i not sure what is the diffrent between top elastic and bottom elastic...
Red elasticity appears when the LTFS lines (blue ones) separate from the green 14,3 stoch, the main wall stoch, and red lines doesn't separate from it so much... or anything. LTFS lines move faster... so elasticty in those is going to turn the main line faster in time than red ones. But red lines are stronger than blue lines... if they stick there together in a rope of HTFS, and they have power to turn the blue ones back up... and then the green wall. That's why Red elasticty is stronger than blue.

Blue elasticity appears when the HTFS lines (red ones) separate from the green 14,3 stoch, the main wall stoch, and blue lines doesn't separate from it so much... or anything.
  • #54
  • Jul 25, 2007 3:21pm Jul 25, 2007 3:21pm
I've got the threads.tpl and a 4mtfstochastic.tpl.

Is there a way to get just the 4mtfStochastic indicator? I'd like to attach it to the threads.tpl and play with it a little.

Thanks,
Randy
  • #55
  • Aug 2, 2007 2:45pm Aug 2, 2007 2:45pm
here is the latest template and indicators for threads indicators...
this is not the same template as the Spudfyre.
this one uses my custom indicator with the histogram deployment and elasticity.
Attached File(s)
File Type: zip stochsthreads4.zip   6 KB | 2,328 downloads
  • #56
  • Aug 2, 2007 6:57pm Aug 2, 2007 6:57pm
Emda,

Thanks much. This is just what I was looking for. You sure are generous. Terrific!
  • #57
  • Aug 3, 2007 11:10am Aug 3, 2007 11:10am
hi

thx to spudfiyre and emda.

I studied this and want to ask for some things. This threads theory is really amazing. I played around with it and ask emda if its possible to make the wall indicator that there are two indiators not one. Means one to define the robe for LTFS und One for Htfs in form of histogram and then one like it is now.Then it would be easier to define which one is in a robe and trending. Or also to define which pattern is building. I think to make histogram for fishnet is not so easy possible? I want to use this indicators in EA so for this its necessary to have a histogram or line indicator and then define rules. Of course its a for vision and manual trading.

And I also want to ask if its possible to make a Mtf indicator out of it. like emda you explained on one of this sides to use as Multi Timetrame indicator.

I also tried MTF stoch elasticity with Haiken ashi smoothed to define the trend and then see if the elasticity show a reversal or only a pullback. Its also a very promising idea and would be exactly what i was looking for. but till now I dont find right parameters that they show exactly.

So however I dont know if you can do something with my suggestions.

I want to say thankyou for these great tools.

thx

Lodol
  • #58
  • Aug 4, 2007 5:43am Aug 4, 2007 5:43am
Quoting lodol2
hi

thx to spudfiyre and emda.

I studied this and want to ask for some things. This threads theory is really amazing. I played around with it and ask emda if its possible to make the wall indicator that there are two indiators not one. Means one to define the robe for LTFS und One for Htfs in form of histogram and then one like it is now.Then it would be easier to define which one is in a robe and trending. Or also to define which pattern is building. I think to make histogram for fishnet is not so easy possible? I want to use this indicators in EA so for this its necessary to have a histogram or line indicator and then define rules. Of course its a for vision and manual trading.

Lodol
welcome to FF. I'm sure we could work in the EA together, with the help also of nondisclosure00. It is not an easy EA.

Yesterday I was working in the new threads indicator with your idea. ANd the eleasticity is now calculated much better. Now elasticity is yellow. Red deployment is positive in the histogram and blue deployment is negative in the histogram(just to have them in the same window without overlapping). So if you want to calculate the overal deployment would be: Red + MathAbs(Blue)
Elasticity (yellow) is just the difference Red - MathAbs(Blue). With a minimum threshold.

I have to fix some things yet but it is very nice, look
Attached Image (click to enlarge)
Click to Enlarge Name: newindicator.jpg Size: 103 KB
  • #59
  • Aug 4, 2007 9:46am Aug 4, 2007 9:46am
hello EMDA

very nice done. can you post the indicators when fixed.
The most difficult thing if you want to find out how long a move probably last is to define when its a pullback or a reversal. This stochastic elasticity can maybe do this.
Its a pity Im not a programmer but I have a system which need only this parameter
:to define how long a trend probably last. THEN i WANT TO LET IT PROGRAM INTO AN EA.
Of course its never sure. but stochastic elasticity has this concept that when the higher timeframes stay in direction and the smaller ones turn its a pullback. this is the best concept I found because mostly it show the real upcoming movement. genius.

I dont know if it would be possible to show more exactly if both ropes move in one direction and if the Ltfs are left or right of HTfs.(wall) And then it would also need a trendfilter to see clear which overall direction it is.

So thanks again to take up my ieas.
look forward to see the indicators

regards

lodol
  • #60
  • Edited 5:33am Aug 6, 2007 3:37am | Edited 5:33am
sorry I still have one bug in the indicator... I hope to fix it soon
edit: fixed. now it updates correctly with numbars>0.
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