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Spuds Stochastic Thread Theory

  • #81
  • Sep 14, 2007 7:10am Sep 14, 2007 7:10am
I have done the MTF of the multiperiod stochs.. or Threads stochs.
The problem I have is that the histograms overlap... I've put sifferent line type dashed, for elasticity.. and same colour for each timeframe... is it right ? How could I do it ? It can be very cluttered

in this example there is Green M15, red M30 and blue 1H, all in the 5M chart
you can easily spot zones without deployment in all timeframes
Attached Image (click to enlarge)
Click to Enlarge Name: WALLMTF.png Size: 36 KB
  • #82
  • Sep 17, 2007 4:53am Sep 17, 2007 4:53am
hi emda

great news. perfect. It think maybe its not necessary to have all timefremes in one window or?

It would be easier to have one timeframe in one window.and if you want to have two thread timeframes on the chart. You have to put two different indicator windows on the chart. Would be easy and clear to see or?

Thx for work and I look forward to see the indicator

best regards to you

lodol
  • #83
  • Sep 17, 2007 9:34am Sep 17, 2007 9:34am
here it is
replace all the indicators with these new ones
there also some templates to play with...
I would like to see if you make another template

cheers
Attached File(s)
File Type: zip emda_MTF_threads.zip   16 KB | 2,567 downloads
  • #84
  • Sep 17, 2007 9:37am Sep 17, 2007 9:37am
a shot of the other type of template.. without overlapping
Attached Image (click to enlarge)
Click to Enlarge Name: mtfthreads.png Size: 75 KB
  • #85
  • Sep 17, 2007 9:45am Sep 17, 2007 9:45am
tatatrataaaaa

great a tribute to emda.............thanks for thsi indicator i waited so long...



lodol2
  • #86
  • Sep 17, 2007 11:45am Sep 17, 2007 11:45am
Just a question. How do I get all the stochs into the same window? Anyone care to enlighten? I am using MT4 platform also.
  • #87
  • Sep 17, 2007 12:30pm Sep 17, 2007 12:30pm
Quoting tonghoe
Just a question. How do I get all the stochs into the same window? Anyone care to enlighten? I am using MT4 platform also.
Just drag the indicator in the same window... not into price area
  • #88
  • Sep 17, 2007 12:33pm Sep 17, 2007 12:33pm
Quoting lodol2
tatatrataaaaa

great a tribute to emda.............thanks for thsi indicator i waited so long...



lodol2
thank you I hope it is very useful for you. I'm seeing interesting things.... in overlapping mode... you can easily spot areas of ropes in all timeframes and if they are all in oversold or overbought area.. it is a nice signal.
  • #89
  • Sep 17, 2007 9:44pm Sep 17, 2007 9:44pm
Hello Emda,

Thanks for the new version.

I notice that the new threads version is not as smooth as the last version. How come? Is it more accurate and faster rendering than the last version and yet not as smooth?

Also, the Elasticity looks different (seems spread out/thinner). Why? Is it more accurate?

Thanks.
  • #90
  • Sep 18, 2007 5:44am Sep 18, 2007 5:44am
Quoting EATrader
Hello Emda,

Thanks for the new version.

I notice that the new threads version is not as smooth as the last version. How come? Is it more accurate and faster rendering than the last version and yet not as smooth?

Also, the Elasticity looks different (seems spread out/thinner). Why? Is it more accurate?

Thanks.
Hello
The only difference is in the template... that the minimum Period for the WALL and LTFS indicators is set to 5 instead of 6. But this is a persona choice. You can set it to 6 to have the parameters as Spud says.

the elasticity depends on this parameter also, and also the width of the histogram is changed. But this is only visual.
  • #91
  • Sep 18, 2007 6:42am Sep 18, 2007 6:42am
Quoting emda
Just drag the indicator in the same window... not into price area
Sorry, I am a nerd with this. I try but it doesn't work. Maybe I am doing it wrongly. Care to enlighten.

Thanks a lot.
  • #92
  • Sep 18, 2007 8:54am Sep 18, 2007 8:54am
Ok. First open one of the indicator by double clicking on it. a window will open up just below your price chart. then click n hold on the other indicator that u have not open up and drag to the window that just open up below your price chart and let go.

that should do it.
  • #93
  • Sep 19, 2007 2:01pm Sep 19, 2007 2:01pm
To understand more about Stoch Threads, plot them on the charts. Special thanks to fxbs for the OnChart_Stochastic_Channel_(FL_MTF) indicator.

Attached is the pdf version of the documentation on how to trade the Stoch Threads too.
Attached Image
Attached File(s)
File Type: mq4 OnChart_Stochastic_Channel_(FL_MTF).mq4   7 KB | 8,415 downloads
File Type: pdf StochThreads.pdf   692 KB | 7,470 downloads
File Type: tpl Stoch Chart Threads.tpl   55 KB | 6,944 downloads
  • #94
  • Sep 19, 2007 2:23pm Sep 19, 2007 2:23pm
hi banzai

i know the thread theory but cam you explain what information give your on stochastic chart mtf. i dont understand? would be nice if you could explain how you use.

lg

lodol2
  • #95
  • Sep 19, 2007 4:34pm Sep 19, 2007 4:34pm
Banzai,

Thanks for the PDF!
  • #96
  • Sep 19, 2007 5:10pm Sep 19, 2007 5:10pm
Quoting lodol2
hi banzai

i know the thread theory but cam you explain what information give your on stochastic chart mtf. i dont understand? would be nice if you could explain how you use.

lg

lodol2
Today is the first day that we find this indicator that can plot Stochastic on the chart. I'm just like you on the first day of discovery. I think Spud is the only one that master the Stochastic. I still have a hard time to follow the directions of the stoch. Anyway, if you plot Stochastic on the chart, that's what it looks like. In some areas, it matches with the patterns in the indicator window.

But thanks to the new indicator, I recognize some patterns and I'm starting to write a documentation supplement on how to trade these patterns. In addition, I'm going to make an alert. And in the future, we can turn this alert into an EA too. There's no promise but I'll see what I can do.

Spud, where r you? You got to see this new indicator. Kewl !
  • #97
  • Sep 19, 2007 11:43pm Sep 19, 2007 11:43pm
thanks for repley banzai
  • #98
  • Sep 20, 2007 4:07am Sep 20, 2007 4:07am
As I understand it, Spud's other forum on Stoch MTF is based on the principle of Multiple Time Frame Stoch lines (4hr, 1hr, 30min, 15min), conveniently shown on one indicator/chart.. usually a 15 min chart.

However, Spud's Thread Theory is based on mulitple Stoch lines on the SAME time frame.

The two systems can be used either independantly or in tandum as trading tools.

Comments from forum members who are familiar with both systems... or the great Spud himself... would be much appreciated.
  • #99
  • Sep 20, 2007 5:52am Sep 20, 2007 5:52am
Thanks, Banzai, looks fantastic. Going to study this new indicator today. I wish Spud would reappear. In any event, I hope he's fine.

good luck.
  • #100
  • Sep 20, 2007 8:00am Sep 20, 2007 8:00am
Quoting hazel1919
As I understand it, Spud's other forum on Stoch MTF is based on the principle of Multiple Time Frame Stoch lines (4hr, 1hr, 30min, 15min), conveniently shown on one indicator/chart.. usually a 15 min chart.

However, Spud's Thread Theory is based on mulitple Stoch lines on the SAME time frame.

The two systems can be used either independantly or in tandum as trading tools.

Comments from forum members who are familiar with both systems... or the great Spud himself... would be much appreciated.
I would call it Multi Period
Then you can use MTF threads indicator to have the MultiTimeFrame Multiperiod Threads
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