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MTF Stochastics

  • #1,121
  • Aug 7, 2007 12:04am Aug 7, 2007 12:04am
watchoutme4!
hello ,can you put some example to explain your method, 300pips 2days~thank
  • #1,122
  • Aug 7, 2007 12:05pm Aug 7, 2007 12:05pm
thanks jnevins, much appreciated for the info!! looks like it is quiet here in this thread, is spud on vaca?? or is the market waiting for fomc?? any news on how exciting it will get?? i talked with a guy who is part of a trading group and he uses cci and rvi to make pips. he about 70% successful on trades. i am gonna see if combining both of his and spuds methods will raise that win percentage. i think it will, but only time will tell, and the big boys do nbot figure out how to counter that!!!
  • #1,123
  • Edited 4:45pm Aug 7, 2007 4:42pm | Edited 4:45pm
Quoting jnevins

The weekly stoch is still keeping me short on the GU from July 26.... I'm expecting the bottom of that cycle to reach the 144 ema at around 2.0000 around the end of August.
I entered a short trade last night (00:00 GMT) in the G/U based on your long term trading theory. The weekly stochastics were still down and the daily stoch. had turned back down after a small retrace. I am currently up approx. 75 pips on a micro account. Thanks jnevins, I like this long term theory you have shown us and the template works great too.


T4K
  • #1,124
  • Aug 8, 2007 5:16am Aug 8, 2007 5:16am
I posted this idea in another stoch thread. I thought I'd post the idea here as well since this is MTF stoch's. Have a look and tell me what you think.

Here is an idea for an indicator alert and possibly to plot labels or arrows on the chart when this condition occurs. The arrows would allow for back testing research of this condition.

This indicator would check multiple time frames or multiple stoch values for the same time frame if desired. This can all be controlled by the user.

I have attached another stoch cross indicator that I have added the stoch values and inputs for this. Look at the user inputs and comments after them and it should be self explanatory. The alert WILL NOT work as I only did the needed inputs for this alert and not the coded logic.

I would make the indicator so that it displays the arrows in the separate chart window so that if you have 2 separate stoch window, you can drag an alert to one window and a second stoch alert to the second stoch window to compare the alerts for different stoch settings.

Anyone interested that could help program this?

traden4x
Attached File(s)
File Type: mq4 StochCrossAlert_MTF.mq4   6 KB | 1,281 downloads
  • #1,125
  • Aug 8, 2007 9:06am Aug 8, 2007 9:06am
[quote=mtrmth;1527544]thanks jnevins, much appreciated for the info!! looks like it is quiet here in this thread, is spud on vaca??

Hi MTRMTH,

Yes, Spud took a well deserved break from this thread for August. He is working on a .pdf manual that will pull together his best ideas...
  • #1,126
  • Aug 13, 2007 9:17am Aug 13, 2007 9:17am
Just completed a classic "To" trade on the 15m Eur/Usd for a quick 30 pips. It's amazing how often this works. As Spud mentioned, he favors his "To" trades and Thread Theory as do I. Thanks again Spud.
  • #1,127
  • Aug 14, 2007 12:56pm Aug 14, 2007 12:56pm
Hello jnevins,

I'm very interested in your approach to weekly swings, which corresponds to mine, in many ways, though I haven't been using stochastics. A more objective decision making process is always worth considering, in my view, as the more subjective I am, the more demanding it can be, emotionally.

I find it confusing to have to constantly flip between daily/weekly charts, and seeing your chart on post 1095, I wondered how you get a weekly stochastic on a daily time frame. I've tried this in the past, by multiplying the stochastic imputs, but failed to get it right. I did download your indicators in post 1104, but they both seem to be the same.

It would be great if you could explain how I might do this, or where I'm going wrong with the indicators.

Thanks
All flesh is as grass
  • #1,128
  • Aug 14, 2007 5:45pm Aug 14, 2007 5:45pm
Look guys the Stochastic wreck the rainbow


..wonder why the picture can't be shown
Attached Image
Attached File(s)
File Type: tpl rainbowstoch.tpl   10 KB | 753 downloads
  • #1,129
  • Aug 15, 2007 4:56am Aug 15, 2007 4:56am
Hi Musanto,

nice chart/template.

How do you trade "the rainbow"? and do you use it always with the stochs?

Thanks for any info,

PC

Quoting Musanto
Look guys the Stochastic wreck the rainbow


..wonder why the picture can't be shown
Less is more...
  • #1,130
  • Aug 15, 2007 12:00pm Aug 15, 2007 12:00pm
I find it confusing to have to constantly flip between daily/weekly charts, and seeing your chart on post 1095, I wondered how you get a weekly stochastic on a daily time frame. I've tried this in the past, by multiplying the stochastic imputs, but failed to get it right.
It would be great if you could explain how I might do this, or where I'm going wrong with the indicators.

Thanks[/quote]

Hello,

I am using the stochastic from the weekly applied to the daily and entering with the daily. both are combined into one chart using the #MTF Stochastic Indicator.

1. Drag the #MTF Stoch indicator onto your daily chart. Use 10080 time frame as your period (1 Week)

2. Drag the #MTF Stoch indicator onto the weekly stoch indicator window and choose 1440 (daily) as the time frame. Change the colors and weights of your lines....

That's it!

This forum is devoted to exploring how to put 4 timeframes in one window... most commonly the 15 min, 1 hr, 30 min and 4 hr .

In seeing the "big picture" one can have greater insight into understanding the market before entering a trade.
  • #1,131
  • Aug 15, 2007 12:06pm Aug 15, 2007 12:06pm
Quoting jnevins
I find it confusing to have to constantly flip between daily/weekly charts, and seeing your chart on post 1095, I wondered how you get a weekly stochastic on a daily time frame. I've tried this in the past, by multiplying the stochastic imputs, but failed to get it right.
It would be great if you could explain how I might do this, or where I'm going wrong with the indicators.

Thanks
Hello,

I am using the stochastic from the weekly applied to the daily and entering with the daily. both are combined into one chart using the #MTF Stochastic Indicator.

1. Drag the #MTF Stoch indicator onto your daily chart. Use 10080 time frame as your period (1 Week)

2. Drag the #MTF Stoch indicator onto the weekly stoch indicator window and choose 1440 (daily) as the time frame. Change the colors and weights of your lines....

That's it!

This forum is devoted to exploring how to put 4 timeframes in one window... most commonly the 15 min, 1 hr, 30 min and 4 hr .

In seeing the "big picture" one can have greater insight into understanding the market before entering a trade.[/quote]

I am still enjoying a nice ride down in Cable (GBP/USD pair) based off of your long term trading template and theory.

Thanks again for the template.

T4K
  • #1,132
  • Aug 15, 2007 1:20pm Aug 15, 2007 1:20pm
Is anyone using this method using smaller time frames? I've been using the 60 min. as the highest time frame and using the 5 min for timing entry. Making sure the 15 min is in agreement with the 60 min. Just curious if antone else is doing this.
  • #1,133
  • Aug 15, 2007 2:05pm Aug 15, 2007 2:05pm
Quoting Big Sky Trading
Is anyone using this method using smaller time frames? I've been using the 60 min. as the highest time frame and using the 5 min for timing entry. Making sure the 15 min is in agreement with the 60 min. Just curious if antone else is doing this.
Hi Big Sky,

I also trade the smaller time frames, similar to your method, except that I watch the 15m & 30m, and trade the 5m. I find the 1h generally too slow to catch up with the others (it's always opposite!) if I'm trading the 5m. BTW, you said you're watching the 15m & 60m. What about the 30m?

My biggest problem I have is that, 9 times out of 10, as soon as I enter, the price immediately moves fast against me, even if the trade eventually goes positive. Makes my heart pump too hard, still working on this. I mostly trade US/JY, occasionally EUR/$.
Jeff Singer, K2KV
  • #1,134
  • Edited 2:27pm Aug 15, 2007 2:12pm | Edited 2:27pm
I trade this similar setup and 3 other stoch conditions down to the 1min charts. Look for the setups from the larger TF's and time from the smaller TF's.

traden4x

an example of a current trade
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.8.15.07 22.00gmt.jpg Size: 100 KB
  • #1,135
  • Aug 15, 2007 5:05pm Aug 15, 2007 5:05pm
Quoting pipcruiser
Hi Musanto,

nice chart/template.

How do you trade "the rainbow"? and do you use it always with the stochs?

Thanks for any info,

PC
Hello pip,

Rainbow is my guarantee that the trend is run to my favour.
See the completeness color of it, that is the direction of the trend.

The decision to enter trade is still by MTF stoch,
The rainbow can save our trade if we got a wrong entry.
When this happen, wait until the rainbow to complete the full flip to make sure the trend is wrong and the trade need to Stop loss.
Because fault entry by MTF stoch. is not always fault in trend.
  • #1,136
  • Aug 15, 2007 5:41pm Aug 15, 2007 5:41pm
Thank's a lot buddy

Now I know what to do all night (backtest!)

Have fun,

PC



Quoting Musanto
Hello pip,

Rainbow is my guarantee that the trend is run to my favour.
See the completeness color of it, that is the direction of the trend.

The decision to enter trade is still by MTF stoch,
The rainbow can save our trade if we got a wrong entry.
When this happen, wait until the rainbow to complete the full flip to make sure the trend is wrong and the trade need to Stop loss.
Because fault entry by MTF stoch. is not always fault in trend.
Less is more...
  • #1,137
  • Aug 16, 2007 7:41am Aug 16, 2007 7:41am
Hi

I wonder if someone could help please. Let me first admit to being a comlete computer nerd as this may explain my problem ... anyway, I have been reading Spud's Trading MTF Stochs Manual and would like to reproduce the chart he shows there with several stochs in the same indicator window demonstrating the principle of elasticity. I assumed that this would be found under the thread headed 'How To Set Up MTF Stochastic Indicator' but when I download the indicator placed there by Spud I get a simple 5.3.3. stochs and the template gives me a blank bar chart with no indicators.

Any help would be gratefully received
  • #1,138
  • Edited 8:21am Aug 16, 2007 8:11am | Edited 8:21am
Bundubill,

Hello. Just go to "Spuds Stochastic Thread Theory". On page 5, post#61, you'll find EMDA's post. He/she is super-generous with his indicators. You'll find: stochthreads5.zip. Download it - everything is there for us. This is an incredibly successful method. Good luck.

I'm sorry, you want this: MTF Stochastic v.2. Next to this thread's heading you'll see an icon of a "paper clip." Click on it and a list of Spud's indicators and templates will pop up. Near the bottom of the list you'll find what your looking for. Ciao
  • #1,139
  • Aug 16, 2007 8:27am Aug 16, 2007 8:27am
Quoting Rialto
Bundubill,

Hello. Just go to "Spuds Stochastic Thread Theory". On page 5, post#61, you'll find EMDA's post. He/she is super-generous with his indicators. You'll find: stochthreads5.zip. Download it - everything is there for us. This is an incredibly successful method. Good luck.

I'm sorry, you want this: MTF Stochastic v.2. Next to this thread's heading you'll see an icon of a "paper clip." Click on it and a list of Spud's indicators and templates will pop up. Near the bottom of the list you'll find what your looking for. Ciao
Hey, thanks Rialto really appreciate your help
  • #1,140
  • Aug 16, 2007 10:47am Aug 16, 2007 10:47am
i read spuds theory on how to trade the elastic, rubber band, way, and it is amazingly simple. now all i have to do is get the settings. i went to the paper clip and tried to downlaod v.2, but windows will not open it. something to do with mq4?? how do i get to read it??? also, you mentioned emda explains this in another thread. is that thread under forums or trading systems?? i see the market has had a shock and awe strike on it this past week, wish i would have had some time to play, but i am sure the volitility will continue for a while. have a couple of ideas i want to try and combine and see if a 90% positive trading method cannot be figured out. i could be wrong on that, the market can be very un kind, but hey, it is worth a shot. thanks for any help you can give me.
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