MJ - MTF Stochastic

Well, I'm just getting myself ready for next week to continue this thread and my live trading.


My Test I plan to start with 11 Test accounts

Mj,

Apologize for dropping out last year. Life has a way of changing ones plans even when you have the best intentions. Any way a new year with new opportunities. The last couple of weeks has mostly been down time for family, reading and reviewing some of the strategies through 09. I have gotten some of the material out to a programmer to help with stream lining the entries hoping this will be the start of the semi auto EA. During my review certain time periods of a session are consistently producing the best results as you probably are aware of with the MTF Stoch. Will hopefully be able to post some results soon. Take care

Tim

hi swenk,

No problem for dropping out some time last year.


Anyway - I started to get back into live trading and some demo testing.


> I have gotten some of the material out to a programmer to help with stream lining the entries hoping this will be the start of the semi auto EA.

That sounds very exciting - wish you all the best for it.

> During my review certain time periods of a session are consistently producing the best results as you probably are aware of with the MTF Stoch.


Well, I never really made a proper Statistic about different time periods and Spud's MTF.

I personally trade 24 hours.


> Will hopefully be able to post some results soon.

I'm sure interested in this: especially with Entry time and TP / SL settings.




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This week is more or less a test running. Hope to start next week properly.


My main test aim will be still the same: Increase the number of weekly trades - but still keeping the good win/loss ration.


Anyway - for a positive note to start the year:


Best test account made over 2 % since yesterday.

BTW:

this are my current 14 pairs I use for Live and Demo trading for Spud's MTF:

AUDJPY
AUDUSD
EURCHF
EURGBP
EURJPY
EURUSD
GBPCHF
GBPJPY
GBPUSD
NZDUSD
USDCAD
USDCHF
USDDKK
USDJPY

Decided to post-phone my live trading a couple of weeks - and concentrate on new testing.

Also, as it is more than 1 year since I read Spud's threads - I think it is good to restudy it.

With some of the experience accumulated over this past year - I might discover some new insight - when I re-read - Spud himself.


mainly : http://www.forexfactory.com/showthread.php?t=119483


It's never bad to go back to basic.



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Also I programmed a new version of MTF Stoch Bot -- based on my advanced one - but did simplify certain things for speed reason

- ( e.g. max Time Frame Level I reduced to 4 - the old one had 6)
- Added a second OriginLine2 option - maybe for different filtering

- Removed most of my advanced Units size calculation and go for a simpler option.
( main reason - it only worked good at certain levels. and was using a lot of code and calculations -- and I still have the old trading system anyway)

Well, my re-reading of Spud's threads after about 1 year trading, programming experience of a related system is a very fruitful thing -

I recommend it to anyone who trades Spud's MTF Stochs related systems for maybe 6 month or longer.

1. many things I did not really understand - or just overlooked when I first studied Spud's threads are much easier to understand - and much clearer.

2. Other things I had not noticed at all a year ago


The year experience with manual trading, programming related Bots and such things - are surely a great advantage by re-reading and trying to understand Spud's mind.


Once more THANK you Spud for freely sharing - ( in case you ever pop in to this thread.)


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Result of my re-reading the basic is that I do a new Bot - incooperating some of the things I missed a year ago and also closer to Spud's original PMTF stochs idea.

Not sure if it will perform better than my used advanced bot - but the hope is that it performs similar good but produces more trades.

MJ,

A couple live trades and closed this evening
AU Buy @ 92.51 s/l 15 t/p 25 took off pin bar setting above D/2 The stoch pattern I have modified was setting in the 10/20 range.
GU BUY @ 1.6071 s/l 20 t/p 30 took of pin and engulfing pattern setting above weekly pivot with stoch @ 10/20 range. Still entering manually should have an update from the programmer this week.

swenk

Swenk - I wanted to drop you a PM but I don't think you've activated accepting PM's.

Lux

PS: Sorry to the OP for the intrusion.

Lux, Should be good to go

Swenk

hi swenk,

Good hearing from you.

just a couple of question:


1.
What do you mean by: The stoch pattern I have modified was setting in the 10/20 range.

2.
Just out of curiosity: how will your 'program' work.
Which parameters do you have included there.



BTW: if you add to your trades the ExecutionTime - this is helpful if one wants to recheck it. - also I liked at your post last year that you used to post the outcome of it. With the posting above it is not absolutely clear if it was a profit or a loss.


----

My re-reading of Spud's basic was very helpful.

Anyway - I shall be able to start some testing tomorrow.

Mj,

What do you mean by: The stoch pattern I have modified was setting in the 10/20 range. I am using the 20/5/5 lw in place of the 14/1/1 to cut out a lot of the noise on the 5 and 15m tf. The DME_HM_5stoch is used with only the 15 minute line being active. The 10/20 range is where the stochs are coming out of and rising.

AU 4:15 buy on pin bar 92.51 was a win
GU 4:30 buy on engulfing 1.6071 was a win

Will keep you posted on the programing
I will probably have time to post some trades later on this evening

Swenk

Thanks swenk,

looking forward hearing more of you.

I'm moving broker -- so all testing from my side will be on hold for at least 3 month.

This will be still on hold for a couple of month as my broker change takes longer than anticipated.

Well, for different reason I started to trade manually in mid Oct 2010.

No plans to continue this journal any soon.