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bringin sexy back - stochastics

  • #581
  • Mar 16, 2007 6:17am Mar 16, 2007 6:17am
Hello everyone again,

ok about watching the different TF, i was wrong (well it's better to see that before going live and being wrong and know it is better that being stupid and not know it )

I will work on the TF response this week end and today (i need to kick my son and wife out of the house at least one day otherwise i wont find the time nor the peace i need ^^ )

There is definitely conflicting signal on different TF and usually only one is correct so give me time to filter that
  • #582
  • Mar 16, 2007 8:19am Mar 16, 2007 8:19am
Quoting melpheos
Hello everyone again,

ok about watching the different TF, i was wrong (well it's better to see that before going live and being wrong and know it is better that being stupid and not know it )

I will work on the TF response this week end and today (i need to kick my son and wife out of the house at least one day otherwise i wont find the time nor the peace i need ^^ )

There is definitely conflicting signal on different TF and usually only one is correct so give me time to filter that
The weather will be awful this WE in Paris.. so I suggest a good movie !
BigBlackfeet Always on the(forex) war path !
  • #583
  • Mar 16, 2007 9:16am Mar 16, 2007 9:16am
Quoting BLACKFEET
The weather will be awful this WE in Paris.. so I suggest a good movie !
You'r right, i will send my wife and son to the theater
  • #584
  • Mar 20, 2007 10:49am Mar 20, 2007 10:49am
just for information : someone has found a MTF stoch indicator that might suit this trading strategy.

http://www.forexfactory.com/showpost...17&postcount=8

I will test it today end afterward if i see something emerging from it
  • #585
  • Mar 20, 2007 6:06pm Mar 20, 2007 6:06pm
Nice setup on the eurjpy.
Attached Image
  • #586
  • Mar 21, 2007 2:05am Mar 21, 2007 2:05am
2 reaons would have made me not take this trade:

- It was too late in the night (I assume you are GMT or GMT+1), so you are almost sure you will lack some volume.
- the 50 and the 20 were a bit too flat for me

In addition since you will have to send the order a bit before 23:00pm, you will have to pay swap fees ...
  • #587
  • Mar 21, 2007 4:01am Mar 21, 2007 4:01am
Quoting cpainchaud
2 reaons would have made me not take this trade:

- It was too late in the night (I assume you are GMT or GMT+1), so you are almost sure you will lack some volume.
- the 50 and the 20 were a bit too flat for me

In addition since you will have to send the order a bit before 23:00pm, you will have to pay swap fees ...
you were right it did not went further that 156.03 down that lack of volume was the main reason why it did not went down yet if looking for only a few pips it would have been ok
  • #588
  • Mar 21, 2007 7:27am Mar 21, 2007 7:27am
Should the stochs should be set to simple MAmethod?
What setting should we use for Price Field? Presently I use Hi/lo.

Thanks,
Steve
  • #589
  • Mar 21, 2007 8:31am Mar 21, 2007 8:31am
Quoting stevewide
Should the stochs should be set to simple MAmethod?
What setting should we use for Price Field? Presently I use Hi/lo.
I have confirmed that Price field is Hi/Lo, but I am not sure about MA method? maybe SMA as usual?
- Ray Tracy - Novice forex trader from GMT+8
  • #590
  • Mar 21, 2007 8:35am Mar 21, 2007 8:35am
Quoting cpainchaud
- the 50 and the 20 were a bit too flat for me.
May I ask why you don't enter if 50/20 were too flat?

What does it mean if they are both flatten?

I would like to learn more from you, thanks!!
- Ray Tracy - Novice forex trader from GMT+8
  • #591
  • Mar 21, 2007 8:47am Mar 21, 2007 8:47am
Quoting raytracy
May I ask why you don't enter if 50/20 were too flat?

What does it mean if they are both flatten?

I would like to learn more from you, thanks!!
If the stochs are too flat, it should mean that the trends associated to them are a bit too weak, so a reversal could happen more easily.
  • #592
  • Mar 21, 2007 8:56am Mar 21, 2007 8:56am
Thanks for you share experience, cpainchaud.

BTW, I saw somebody trade with M5 chart, I also like to know that when you enter by M5 signal, do you still look for 30~50 pips profit? Or you will reduce the target range due to M5 timeframe?
- Ray Tracy - Novice forex trader from GMT+8
  • #593
  • Mar 21, 2007 9:00am Mar 21, 2007 9:00am
Quoting raytracy
Thanks for you share experience, cpainchaud.

BTW, I saw somebody trade with M5 chart, I also like to know that when you enter by M5 signal, do you still look for 30~50 pips profit? Or you will reduce the target range due to M5 timeframe?
Ofc you have to lower your goals with smaller timeframes. The more time you give to the market, the more moves you will see it's logic. Switch between timeframes and you will see that by yourself....
  • #594
  • Edited 5:43pm Mar 21, 2007 5:26pm | Edited 5:43pm
Hi i have done a small back test on Euro Yen from January 2007 to today

Have a look on the attachement

1st sheet is using boxingislife strategy + nonlagma exit on clean stoch 5 cross
2nd sheet is using boxinislife strategy minus the 50 stoch + nonlagma exit on 5/8 EMA cross
3rd sheet is in process

there might be one or two trades that have been cut by a SL before profit but the result should approximatively the same

Edit : ho i forgot, backtest was on H1 chart and for 1 lot

1st method gives around 400 pips/month

2nd method gives around 500 pips/month

anyone fancy testing older data ?
Attached File(s)
File Type: zip backtest.zip   6 KB | 670 downloads
  • #595
  • Mar 21, 2007 7:01pm Mar 21, 2007 7:01pm
Whats the indicator that changes color and hugs the current price?

Hope things are starting to thaw for you.

Quoting moonchild
Now does not this chart look just beautiful. I do not care even that it is on a 5M chart. At this point, I would be grateful to see any tradeable movement.

Trade produced 32 pips.
  • #596
  • Mar 21, 2007 7:23pm Mar 21, 2007 7:23pm
Quoting trademe4x
Whats the indicator that changes color and hugs the current price?

Hope things are starting to thaw for you.
It is called HMA modified, and I have it on my platform. I have no idea of how I would go about making a copy of it for you.

We are expecting another 2 inches of now tonight, but at least we have finally had an entire day above 0F. We are still having extremely strong winds so that when it snows it is horizontal.
  • #597
  • Mar 22, 2007 5:48am Mar 22, 2007 5:48am
Quoting melpheos
just for information : someone has found a MTF stoch indicator that might suit this trading strategy.

http://www.forexfactory.com/showpost...17&postcount=8

I will test it today end afterward if i see something emerging from it

Didn't like this MTF stoch that you drag into existing stochs; prefer the first MTF stoch posted on this site that goes in a separate window; just my opinion.

Steve
  • #598
  • Mar 22, 2007 5:50am Mar 22, 2007 5:50am
Quoting melpheos
Hi i have done a small back test on Euro Yen from January 2007 to today

Have a look on the attachement

1st sheet is using boxingislife strategy + nonlagma exit on clean stoch 5 cross
2nd sheet is using boxinislife strategy minus the 50 stoch + nonlagma exit on 5/8 EMA cross
3rd sheet is in process

there might be one or two trades that have been cut by a SL before profit but the result should approximatively the same

Edit : ho i forgot, backtest was on H1 chart and for 1 lot

1st method gives around 400 pips/month

2nd method gives around 500 pips/month

anyone fancy testing older data ?
melpheos:

Thanks for the research; encouraging. You are kind to help us.

Steve
  • #599
  • Edited 5:04pm Mar 22, 2007 3:49pm | Edited 5:04pm
Here is the latest results :

if anyone has another suggestion for exit, i will glaldy test it

Edit : i have added a backtest on M15 for january 2007, results are not bad but not very good either (in particular a low success due to mainly whipsaw )

According to my backtests which are what they are the best setup is using

stoch 5 and 20 only
nonlagma as a filter
entry on signal described by boxingislife + confirming longma (uptrend or color change)
exit on 5/8 EMA signal
Attached File(s)
File Type: zip backtest.zip   13 KB | 586 downloads
  • #600
  • Mar 23, 2007 8:24am Mar 23, 2007 8:24am
Thanks boxingislife and others for sharing and development of such interesting system.

Currently I'm in testing of indicator based on this system. Do you have some canonical set of setups for entry/exit?

For example,

1) Stochs 20 and 50 should have one trend direction.
2) Stoch 5 should have and opposite trend direction to Stochs 20 and 50.
3) Stochs 20 and 50 should be in safe zone (not oversold or overbought)
4) Stochs 20 and 50 should have lag of 10 stoch's points (should not be too close to each other)
5) Stoch 5 should cross both Stochs 20 and 50

and so on.

I'll insert them into indicator, so everybody could select suitable set of setups. May be picture will help you to understand me
Attached Image
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