Simple PA And Stochastic System | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Simple Stochastic System 3 replies

Stochastic divergence indicator with stochastic cross? 0 replies

simple Stochastic system 2 replies

Simple daily stochastic system 10 replies

Simple EA based on stochastic 2 replies

Attachments: Simple PA And Stochastic System
Exit Attachments

Simple PA And Stochastic System

  • #21
  • Jul 11, 2009 6:18am Jul 11, 2009 6:18am
Attached Pin Bar indicator - maybe it will help someone... and also try settings on stochastic: 30,5,10. KISS - always the best

PS. Im not an author of this indicator
Attached File(s)
File Type: mq4 PinBar.mq4   31 KB | 575 downloads
  • #22
  • Dec 4, 2009 7:17am Dec 4, 2009 7:17am
reversal patterns on MAs are great, make sure the wick is not too short
Follow the Trend, thats all
  • #23
  • Dec 4, 2009 9:04am Dec 4, 2009 9:04am
Quoting noskool319
You don't need an indicator to see the trend silly You just need eye balls.

The stoch is our filter. For a buy: When it reaches the 20 or below, start watching for a new lower low pinbar to form, or pinbar near a previous support line. Then you enter.

It is up to the trader to determine if he wants to trade with or against the trend. I personally don't care, I keep a strong eye on PA and if I spot an inside bar or outside bar or strong strong reversal candle, I will usually won't close out of the position, especially...
Your Remarks:
You don't need an indicator to see the trend silly You just need eye balls.

I consider it to be Rude.
Winning is a Great Feeling!
  • #24
  • Dec 4, 2009 9:06am Dec 4, 2009 9:06am
Quoting noskool319
You don't need an indicator to see the trend silly You just need eye balls.

The stoch is our filter. For a buy: When it reaches the 20 or below, start watching for a new lower low pinbar to form, or pinbar near a previous support line. Then you enter.

It is up to the trader to determine if he wants to trade with or against the trend. I personally don't care, I keep a strong eye on PA and if I spot an inside bar or outside bar or strong strong reversal candle, I will usually won't close out of the position, especially...
Your Remarks:
You don't need an indicator to see the trend silly You just need eye balls.

I consider it to be Rude.
Winning is a Great Feeling!
  • #25
  • Dec 4, 2009 9:16am Dec 4, 2009 9:16am
Quoting ranger
Here is a pic with some ib's and dojis. Its a 5 min chart. The yellow dot on the candle is my IB indicator just puts a dot on inside bars for me. So these are the signals I will look for when I am trading on the 5 min usually sometimes 15 but mostly 5 min. I try to keep the stochs in line but sometimes the signal I recognize and it breaks the opposite way I take it. My stops are very tight so , I like the 5 min and way to trade with low risk.
hi ranger
is it possible for u to put the IB indicator u used here?
thanks in advance
  • #26
  • Dec 4, 2009 9:19am Dec 4, 2009 9:19am
Quoting errich fx
I think its a good system, wait for a pin bar to open trade. It's a good filter

.
Right.. Good filter.. It maybe working in range market but

in even small trend you going to lose your last short on it.
Attached Image (click to enlarge)
Click to Enlarge Name: gu-filter.jpg Size: 122 KB
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #27
  • Last Post: Jul 12, 2010 6:00pm Jul 12, 2010 6:00pm
Yep.. NO TREND, NO FRIEND




Quoting SkyzerFX
Right.. Good filter.. It maybe working in range market but

in even small trend you going to lose your last short on it.
Follow the Trend, thats all
0 traders viewing now