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bringin sexy back - stochastics

  • #1,421
  • Edited 4:27pm Oct 22, 2007 4:15pm | Edited 4:27pm
Quoting M.A.C.Doug
Its only monday and I am up 200pips already after my biggest win so far using this system! Check this move out on the EUR/YEN.Look how early this system caught the move - I cant believe more people aren't using this technique!

200 pips! I wish i could say the same. Good job.

regards,
mrjtdude
  • #1,422
  • Edited 6:10pm Oct 22, 2007 5:16pm | Edited 6:10pm
Anyone making consistant profits yet?
I'm still working on it myself.
  • #1,423
  • Oct 23, 2007 2:20am Oct 23, 2007 2:20am
Quoting mrjtdude
Anyone making consistant profits yet?
I'm still working on it myself.
Please read the whole topic (i know it's long but it worth the time spend as you will see) and you will see that the persons who spent enought time on time makes consistant profit with it
  • #1,424
  • Edited 10:01am Oct 23, 2007 4:22am | Edited 10:01am
Update on my sexystoch indicator, only one losing trade.

update : you can see that one sell signal is not there anymore, it's not because it repaints, it's just because i have slightly change the settings.

There is one trade i would like to be able to filter that i would not have taken anyway.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: temp2.gif Size: 28 KB
  • #1,425
  • Oct 23, 2007 4:31am Oct 23, 2007 4:31am
Hi Folks,

First, i wanna say this awesome stoch is really sexy, and easy to spot. Very visual and catchy. Thanks boxing, and also molpheos that really seriuos on doing lot of enhancement.

Anyway, i start trading on demo and i got easily 92 pips (half from gbp/jpy and half from eur/jpy-both are buy trade).

Just now, as i writing, i booked 25 pips from gbp/jpy. so total i made for my first day using sexy stoch is 117 pips. Again, this is awesome.

My SL is 50, and i use mostly 30 minutes TF. I got lot of meeting today, so 30minutes TF is the smallest TF i can handle.

I hope tomorrow is the better one.
  • #1,426
  • Oct 23, 2007 4:35am Oct 23, 2007 4:35am
Quoting gant3nk
Hi Folks,

First, i wanna say this awesome stoch is really sexy, and easy to spot. Very visual and catchy. Thanks boxing, and also molpheos that really seriuos on doing lot of enhancement.

Anyway, i start trading on demo and i got easily 92 pips (half from gbp/jpy and half from eur/jpy-both are buy trade).

Just now, as i writing, i booked 25 pips from gbp/jpy. so total i made for my first day using sexy stoch is 117 pips. Again, this is awesome.

My SL is 50, and i use mostly 30 minutes TF. I got lot of meeting today, so 30minutes TF is the smallest TF i can handle.

I hope tomorrow is the better one.
50 pips is good for Geppy but maybe a bit small for M30... Anyway, SL has to be adapted depending on the TF and on the pair.

It nice to see new faces interested in this method
  • #1,427
  • Oct 23, 2007 5:11am Oct 23, 2007 5:11am
Quoting melpheos
50 pips is good for Geppy but maybe a bit small for M30... Anyway, SL has to be adapted depending on the TF and on the pair.

It nice to see new faces interested in this method

Thanks for the appretiations Melpheos. I do really like this method, and i am now using the original one from boxingislife.

hm. SL 50 pips is a bit small? What is your suggestion then, based on your experiences of course? a hundred maybe? Gosh, it means that i had increase my TP too, so i got better win/lose ratio.

cmiiw.
  • #1,428
  • Oct 23, 2007 6:38am Oct 23, 2007 6:38am
Quoting gant3nk
Thanks for the appretiations Melpheos. I do really like this method, and i am now using the original one from boxingislife.

hm. SL 50 pips is a bit small? What is your suggestion then, based on your experiences of course? a hundred maybe? Gosh, it means that i had increase my TP too, so i got better win/lose ratio.

cmiiw.
I usually use 75 pips when i can't watch my screen but it's really up to you

When the signal i took shows reversal i usally exit anyway and that might end up between a small gain or a small loss.

If i can follow a trade closely i usually do no use SL at all and babysit the trade.
  • #1,429
  • Oct 23, 2007 12:57pm Oct 23, 2007 12:57pm
Would anyone be willing to modify a MTF stochastic to be able to measure the difference between k% and d% as a histogram?

I think by doing that you could get a better look at when things are near potential change in direction.

Regards,
mrjtdude
  • #1,430
  • Oct 23, 2007 3:17pm Oct 23, 2007 3:17pm
Quoting melpheos
Update on what the stoch indicator see.

Following the signal trictly and using a 50 pip SL would have round only one losing trade limited to a few pips loss for more than 300 pips gains.
Good job!

I've got an indicator that I've programmed to run on the 1 min chart. It is much more aggressive than just the sexy stoch's. It incorporates a few strategies that use stoch's. It also links into an EA that trades the signals.
  • #1,431
  • Oct 23, 2007 6:57pm Oct 23, 2007 6:57pm
Quoting traden4x
Good job!

I've got an indicator that I've programmed to run on the 1 min chart. It is much more aggressive than just the sexy stoch's. It incorporates a few strategies that use stoch's. It also links into an EA that trades the signals.
traden4x, 1 min chart indicators? wew, great. but i can't stand with 1 min chart. it makes me want to kill myself coz driving me nuts.
  • #1,432
  • Oct 24, 2007 2:38am Oct 24, 2007 2:38am
M5 and M15 screenshot but i had to change the settings (but not the rules) to have this results... I think i'll have to find something that would change the settings dynamically.
Attached Image(s) (click to enlarge)
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  • #1,433
  • Oct 24, 2007 5:01pm Oct 24, 2007 5:01pm
Today chart with my sexystoch indicator.

27 signals 18 good 9 wrong. But due to the proximity of 4 of the wrong signal, taking the trade would have counted only for 2 trades. Also one signal appeared because of a news so really you can count 24 signal for 6 wrong that is a 75% success rate in particular 3 trade that could have rounded around 450 pips (well more probably 300 because of this fast moving pair )

If you look closely some signal are good despite i put them on the down thumbs, that is because they would have rounded only 3-4 pips and would not have activated a lock pip strategy when winning more than X pips
Attached Image (click to enlarge)
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  • #1,434
  • Oct 25, 2007 7:01am Oct 25, 2007 7:01am
Nice tweaking - if you dont mind me asking What was the total number of pips gained from the winners? what was the total number of pips lost from the losers? these stats are of great interest to me. WHat do you intend to do with this code when you have finished it? is ti something that we might also be able to get our hands on?
Quoting melpheos
Today chart with my sexystoch indicator.

27 signals 18 good 9 wrong. But due to the proximity of 4 of the wrong signal, taking the trade would have counted only for 2 trades. Also one signal appeared because of a news so really you can count 24 signal for 6 wrong that is a 75% success rate in particular 3 trade that could have rounded around 450 pips (well more probably 300 because of this fast moving pair )

If you look closely some signal are good despite i put them on the down thumbs, that is because they would have rounded only 3-4 pips and would not have activated a lock pip strategy when winning more than X pips
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  • #1,435
  • Oct 25, 2007 7:59am Oct 25, 2007 7:59am
Quoting M.A.C.Doug
Nice tweaking - if you dont mind me asking What was the total number of pips gained from the winners? what was the total number of pips lost from the losers? these stats are of great interest to me. WHat do you intend to do with this code when you have finished it? is ti something that we might also be able to get our hands on?
For the moment i still need to build confidence in this indicator even if i build it myself so i'm not trading it demo nor live. I would say that potentially, the winner far exceeds the looser by at least a factor 3 but of course it allways depend on the exit strategy and the accepted risk vs ratio...

The indicator itself shows pretty much each trade i would have traded (some winner would not have been taken, some looser would not have been taken neither) but its still difficult to tell what would have been the real results as backtesting is easier than forward.

It is missing an working alert mail function that for the moment i was unable ot have working properly (it gives alert but spams me for the next 4 candles)

Unfortunately, i dont want to share the code as i worked too many hours on it, sorry about that.

But it's not that hard to code once you handle the sexystoch system. So in fact if i share it, it would be like sharing for free the hundreds of hours i spent watching the chart, making good and bad trades, studying old data, working on failing indicators etc etc...

I repeat, i dont have a good coding knowledge but i have a good knowledge of trading the stoch. The code is very simple but it has 37 parameters to change (i exclude debugging parameters and enable alert parameters ). The only indicator in use are stochastics and MA - i plan to add RSI but i have to work on this to see if it adds anything to it or not )

By the different screenshot, i just want to show that the sexystoch is definitely a profitable strategy.
  • #1,436
  • Oct 25, 2007 7:46pm Oct 25, 2007 7:46pm
75% hit rate with each win 3x each loss - thats the holy grail right there!!
Congratulations, very well done. I still cant get my head around even loading stuff into metatrader let alone trying to code something myself - lol.

Anyway on a different note Here is something I am watching. I am treating it as a correction worth around 700 pips on Both the DOW and the EUR/YEN and is setting up on both charts. If it plays out I will take 80% of my position at my target and leave 20% on in case it does infact crash. Im in as soon as the sexy stoch turns Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1193358183 http://www.forexfactory.com/attachme...1&d=1193358183
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  • #1,437
  • Oct 26, 2007 12:22am Oct 26, 2007 12:22am
Quoting M.A.C.Doug
75% hit rate with each win 3x each loss - thats the holy grail right there!!
Congratulations, very well done. I still cant get my head around even loading stuff into metatrader let alone trying to code something myself - lol.

Anyway on a different note Here is something I am watching. I am treating it as a correction worth around 700 pips on Both the DOW and the EUR/YEN and is setting up on both charts. If it plays out I will take 80% of my position at my target and leave 20% on in case it does infact crash. Im in as soon as the sexy stoch turns Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1193358183 http://www.forexfactory.com/attachme...1&d=1193358183
Very nice tpl, could you please attach.
BJ
  • #1,438
  • Oct 26, 2007 4:47am Oct 26, 2007 4:47am
Quoting brainjt
Very nice tpl, could you please attach.
Yes they are nice charts and I have spent alot of time making them look the way they do however they are not metatrader charts. They are IT finance charts supplied by cmc markets. Ive attatched a metatrder template that is similar but not quite the same unfortunately
Attached File(s)
File Type: tpl sexy stoch.tpl   2 KB | 886 downloads
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  • #1,439
  • Oct 26, 2007 5:00am Oct 26, 2007 5:00am
Quoting M.A.C.Doug
Yes they are nice charts and I have spent alot of time making them look the way they do however they are not metatrader charts. They are IT finance charts supplied by cmc markets. Ive attatched a metatrder template that is similar but not quite the same unfortunately
thx
BJ
  • #1,440
  • Oct 27, 2007 9:56pm Oct 27, 2007 9:56pm
Hello guys,

I have been following this thread for a while, and following it on my charts as well. I have managed to come up with a set of rules to trade this, and it is very similar to melphos, it just incorporates pivots and s&r.

I have one concern. If I were to follow the rules to the T, I just can not see a loss in any of the trades that I would have taken. Mind you, there are somedays when there is no trade at all. But most of the time there are a few trades in the day. All trades are on 15M tf, and only two types, rubber band (snap back of shorter tf stoch), and go with intra-day trend (longer tf stoch coming out of 80/20, wait for smaller tf stoch to retrace, and then come back in line with longer tf stochs). I just have not been able to see a loss. Now I know that in trading, there are always losses. I am patient, only looking for a trade that meets my criteria 100%, nothing that is like a "lets see what the market does"!!!

Both of you have taken many live trades off this method, would you pls care to share a pic of something that was a trade gone wrong?? Or something that you can pick up on a chart where everything was good to go, but did not go according to plan.

Your replies would be much appreciated.

Regards,
K.
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