Spud's Predictive MTF Stochastics | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Spud's MTF FIB Breakout System 383 replies

MTF Stochastics 1,485 replies

MTF Stochastics into MTF Stoch Histogram 8 replies

Trading MTF STochastics Manual 13 replies

Journal related to: Spud's MTF Stochastics 178 replies

Attachments: Spud's Predictive MTF Stochastics
Exit Attachments

Spud's Predictive MTF Stochastics

  • #341
  • Nov 13, 2008 3:32am Nov 13, 2008 3:32am
i exited + 134 pip , that was a nice trade even i wasn't sure i am follwoing the rules . thanks spud
  • #342
  • Nov 13, 2008 3:45am Nov 13, 2008 3:45am
End of long trade. Short trade comining up. Thanks Spud.
Attached Image (click to enlarge)
Click to Enlarge Name: s 2.gif Size: 18 KB
  • #343
  • Nov 13, 2008 4:09am Nov 13, 2008 4:09am
Quoting imad
i exited + 134 pip , that was a nice trade even i wasn't sure i am follwoing the rules . thanks spud
I exited when the 15 crossed the 80% level for 110 pips. I was originally going to exit when the 30 crosses but seeing as I was 100+ pips up why temp fate!
Time hides Nothing
  • #344
  • Nov 13, 2008 4:09am Nov 13, 2008 4:09am
harry 123
what is this indicator you are using and do you base your entries only on the cross of m5 and m15 ??
can u post this indicator please
thanks
  • #345
  • Nov 13, 2008 4:30am Nov 13, 2008 4:30am
Quoting imad
harry 123
what is this indicator you are using and do you base your entries only on the cross of m5 and m15 ??
can u post this indicator please
thanks
The indicators I am using are MTF stochastics which can be found in Spud's earlier MTF threads. I don't use this two (M5 and M15) stochs alone. I have the same profile setup as yours to look at the larger map before I can confidently use just these two (5M and 15M) crossovers as entry and exit triggers.

The indicators as attached.
Attached File(s)
File Type: mq4 #MTF Stochastic v2.0.mq4   6 KB | 623 downloads
File Type: mq4 All Stochastic v1.0.mq4   9 KB | 559 downloads
  • #346
  • Nov 13, 2008 6:04am Nov 13, 2008 6:04am
Quoting Spudfyre
I showed this with the balls, but I think that was a bit confusing. So, I've stolen Cja Stoch Bars indicator 's basic design, modified the look and then spent a huge amount of time making sure a 14,3,3 setting on M5 wouldn't mess thinks up.
Hello Chaps,

Don't forget that you can use the trend line drawing tool to draw your pivot lines.
Attached Image (click to enlarge)
Click to Enlarge Name: Trend line.JPG Size: 138 KB
TTFN Merlyn
  • #347
  • Nov 13, 2008 6:45am Nov 13, 2008 6:45am
5M and15M crosses again. This system is awesome.
Attached Image (click to enlarge)
Click to Enlarge Name: sw.gif Size: 18 KB
  • #348
  • Nov 13, 2008 6:57am Nov 13, 2008 6:57am
Short
Attached Image (click to enlarge)
Click to Enlarge Name: EUR.jpg Size: 148 KB
Time hides Nothing
  • #349
  • Nov 13, 2008 7:02am Nov 13, 2008 7:02am
cindy
why you took this short ? i didnt take it because 30 mn and 1 h are still pointing up .
could you please explain
thanks
  • #350
  • Nov 13, 2008 7:06am Nov 13, 2008 7:06am
Quoting Harry123
The indicators I am using are MTF stochastics which can be found in Spud's earlier MTF threads. I don't use this two (M5 and M15) stochs alone. I have the same profile setup as yours to look at the larger map before I can confidently use just these two (5M and 15M) crossovers as entry and exit triggers.

The indicators as attached.

please post this m5 & m15 crossover indicator for entry & exit ,I will be grateful,if u can post it. thank
  • #351
  • Nov 13, 2008 7:14am Nov 13, 2008 7:14am
Quoting imad
cindy
why you took this short ? i didnt take it because 30 mn and 1H are still pointing up .
could you please explain
thanks
Waiting for the 30 to turn down would have been a safer option. If you went short there (15 minutes later) you would be in 17 pips profit right now....

Also I could see before it closed the 30m candle had gone down a long way and that it (the stoch) would probebly turn down (which it did)

Basically they were all high (except the H4) but as we know for the H4 to rise the shorter TF's need to go down and pick it up.

The H1 and H4 are pointing up but they are laggers I'm more concerned about where the positioning of these two are rather than if they're pointing up or down.

Also you can see the 5m had crossed under both the 15 and 30 and the 15 had crossed under the 30.
Time hides Nothing
  • #352
  • Nov 13, 2008 7:18am Nov 13, 2008 7:18am
Quoting kareemoladun
please post this m5 & m15 crossover indicator for entry & exit ,I will be grateful,if u can post it. thank
The indicators are attached in post #345. You have to attached them to your 5M chart and set the parameters as recommended by Spud i.e 14.1.1 and 14.3.3. The indicators are multi-time frame and you set one to 5M and drag another one into the same indicator window and set the time frame to 15M.
Regards/Harry
  • #353
  • Edited 7:59am Nov 13, 2008 7:38am | Edited 7:59am
Quoting CindyXXXX
Short
Closing this one at BE.

If I took profit at the first 5m long trigger I could have grabbed 30 pips but I decided to ride the 15 down to 20 but now I just don't like the look of things.

The 15 has gone down a bit since the open of the trade but price is more sideways and not leading it.

EDIT: Things really coming down now I guess I got scared out of this one. Like Spudfyer says if theres no valid long then why leave a short. Live and learn!!!
Time hides Nothing
  • #354
  • Nov 13, 2008 7:58am Nov 13, 2008 7:58am
cindy
i went short at the red line , stoill hoping i m following the rules
regards
Quoting CindyXXXX
Closing this one at BE.

If I took profit at the first 5m long trigger I could have grabbed 30 pips but I decided to ride the 15 down to 20 but now I just don't like the look of things.

The 15 has gone down a bit since the open of the trade but price is more sideways and not leading it.

EDIT: Things really coming down now I guess I got scared out of this one.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 43 KB
  • #355
  • Nov 13, 2008 7:59am Nov 13, 2008 7:59am
Quoting Harry123
The indicators are attached in post #345. You have to attached them to your 5M chart and set the parameters as recommended by Spud i.e 14.1.1 and 14.3.3. The indicators are multi-time frame and you set one to 5M and drag another one into the same indicator window and set the time frame to 15M.
Regards/Harry

i've done everything u ask me to do but i can not drag the one i set to 15m pls direct me . thanks
  • #356
  • Nov 13, 2008 8:12am Nov 13, 2008 8:12am
sorry i enterd the next candle next to the red line at the close .
regards
  • #357
  • Edited 8:43am Nov 13, 2008 8:14am | Edited 8:43am
Quoting kareemoladun
i've done everything u ask me to do but i can not drag the one i set to 15m pls direct me . thanks
Click on your mt4 navigator folder... This will bring up the indicators in a list on the left hand side of your screen... (see picture)

drag the first indicator onto your mt4 platform window. This will make an indicator screen like normal.

To overlay another stochastic on top of it just drag another MTF Stochastic into the indicator window you already have.

Then rigght click on each one and set the parameters. Black out the 2nd and 4th colour in the colour options and you will be left with the %K line which is the one we want.

Hope this helps
Attached Image (click to enlarge)
Click to Enlarge Name: EUR2.jpg Size: 123 KB
Time hides Nothing
  • #358
  • Nov 13, 2008 8:25am Nov 13, 2008 8:25am
Quoting imad
cindy
i went short at the red line , stoill hoping i m following the rules
regards
Well in my opinion the entry seems a little late to me. I can't see any reason to enter there myself and I personally don't like to chase the market if I miss the initial entry point, but hey your up 50 pips and I'm not so what can I say.
Time hides Nothing
  • #359
  • Nov 13, 2008 8:42am Nov 13, 2008 8:42am
Quoting CindyXXXX
Closing this one at BE.

If I took profit at the first 5m long trigger I could have grabbed 30 pips but I decided to ride the 15 down to 20 but now I just don't like the look of things.

The 15 has gone down a bit since the open of the trade but price is more sideways and not leading it.

EDIT: Things really coming down now I guess I got scared out of this one. Like Spudfyer says if theres no valid long then why leave a short. Live and learn!!!
This one seems to be a really messy trade I'm glad I'm not in it anymore maybe the news had something to do with it. Hopefully someone can shed more light on it
Time hides Nothing
  • #360
  • Nov 13, 2008 8:46am Nov 13, 2008 8:46am
Quoting CindyXXXX
Click on your mt4 navigator folder... This will bring up the indicators in a list on the left hand side of your screen... (see picture)

drag the first indicator onto your mt4 platform window. This will make an indicator screen like normal.

To overlay another stochastic on top of it just drag another MTF Stochastic into the indicator windown you already have.

Then rigght click on each one and set the parameters. Black out the 2nd and 4th colour in the colour options and you will be left with the %K line which is the one we want.

Hope this...

you guys are friendly thanks for help me out
3 traders viewing now