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Craig Harris Stochastics Method

  • #1,981
  • Edited 5:11am Jun 30, 2010 2:24am | Edited 5:11am
Quoting sharonlpk
Hi Big E,

...I have just downloaded the TDI into my chart. However, I find it really slow my chart down and it takes almost 6 secs to switch in between different time frames. Is there anything I've done wrong?...

sl

Perhaps I can offer some pointers here, Shaz, as I have experienced this myself.

The various steps I took helped. Here is a checklist for you to tick through, starting from the most mundane of tasks but of cause the more significant ones.

1) Delete all unwanted files using Disk Cleanup.
2) Clean up your Registry.
3) Defrag your disk regularly using Disk Defragmenter (or some other better free programs).
4) Check that you are virus and spyware protected, updated and scanned.
5) Check that you do not have too many widgets and gadgets active by exiting them (right-end of taskbar)

(My humblest apologies ( ) for having to list the above but you would be surprised I get asked to do that by many of my "friends" and "friends'" friends". (Might I add, who will not be “friends” for long if they keep returning with their computers...

And so to answer your question. No, you have done nothing wrong. It happens to everyone.

I observed that it helps to keep the whole sub-directory of MetaTrader as uncluttered as possible. Delete whatever files you no longer wish or need to keep.

From the folder C:/.../experts/indicators... delete whatever superfluous indicators that may be there, ones that you tried and experimented with, but will no longer use. (Too precious to throw away? Well, just place them in a folder elsewhere on your computer).

The same goes for C:/.../YourBroker/templates...

Do these steps physically from your directories and from within MetaTrader i.e. from the open charts. Save and only have what you want or need to use.

If these steps help, good on you! You are on your way. PIP PIP Pooray!

Otherwise, a fresh reinstall will always work.

When you have the profile that you like, e.g. one with all the currency pairs you wish to study, use the same template throughout that profile.

The final step to do is to install another instance of MetaTrader from another broker and use only that for your experiments.

Hope this helps... and open to more input from anyone else.

From one noob to another newb...

Al
  • #1,982
  • Jun 30, 2010 2:50am Jun 30, 2010 2:50am
Quoting Jai Mata Di
[size=3][b][color=Magenta][font=Arial Narrow]hello neo rio and xphord i alredy watch the natural flow and all the video posted here in ff about carig but i am looking for webnair wich i am not abel to see i am looking for your help that you will solve my problem thanks, and one more thing i noticed in scostic slope that when i enter a trade the angel was right but after 2 miut it become red and my trade hit stop loss how you guys filter this kind of tread and one more thanks for quik reaply,hello neo rio i have some question about 15 minut swinger...
I don't know about any other webinars. You will have to go to Craigs website for information about other webinars.

The stochastic slope of the current candle changes as the current candle changes. A fact of daytrading is that you will loose some trades. However, if you are following the method correctly and you should have significantly more winning trades than losing trades. Back-test, forward-test, apply good money management when you go live.
  • #1,983
  • Jun 30, 2010 5:42am Jun 30, 2010 5:42am
xaphod as you say that we stocstic slope change as a candel change than if we get a swing low and we got a perfect angel, "wich we dont know it may be change" after the candel clossed so what do you suggest should we go for the trade or should we wait to candel to closse if we do wait than we will misse the pips, what do you suggest plz explain as you trading with this method for a long time, thanks in advance.
  • #1,984
  • Jun 30, 2010 5:48am Jun 30, 2010 5:48am
Quoting Jai Mata Di
hello neo rio and xphord i alredy watch the natural flow and all the video posted here in ff about carig but i am looking for webnair wich i am not abel to see i am looking for your help that you will solve my problem thanks...
If you have tried, but have not been able to download any of the webinars I posted (#1802) as RapidShare links because, as you indicated in your previous post, your internet collection in India is poor / often disconnects, then I doubt you'd be any better off with online video streaming links. Must be fun trading under those conditions...

Try this. Download and install any free RS-capable download manager (DM) out of scores available out there. Then download the webinars, one at a time, but this time with that DM. That should magically bypass your speed / connectivity issues, as most DMs are expressly designed to resume partial downloads. Two suggestions:

1. Free Download Manager. There is a RapidShare tutorial link on the same page.

2. RS has one of its own, although I have not tried it.
  • #1,985
  • Jun 30, 2010 7:48am Jun 30, 2010 7:48am
"[quote=sharonlpk;3836045]Hi Big E,

Tx very much for sharing generously. I'm a newbie to forex trading and I just discovered this thread. I'm half way reading thru all the treads in this discussion. I found it extremely helpful.

I have just downloaded the TDI into my chart. However, I find it really slow my chart down and it takes almost 6 secs to switch in between different time frames. Is there anything I've done wrong? My chart returns to normal if i delete the indicator."


I spent a lot of money and time trying to get my MT4 platform to run faster after time. Here is what I found out, which all brokers should tell you when you sign up. Go to your program files, your MT4, then delete your logs file. then go to expert, then delete the logs file there too. That should help.
  • #1,986
  • Jun 30, 2010 10:12am Jun 30, 2010 10:12am
Did you download the TDI indicator from the compassfx website? If not, the version you have may have a bug. I use the TDI without any issues.

BTP
Quoting sharonlpk
Hi Big E,

Tx very much for sharing generously. I'm a newbie to forex trading and I just discovered this thread. I'm half way reading thru all the treads in this discussion. I found it extremely helpful.

I have just downloaded the TDI into my chart. However, I find it really slow my chart down and it takes almost 6 secs to switch in between different time frames. Is there anything I've done wrong? My chart returns to normal if i delete the indicator.

Regards,
sl
Without vision, the people will perish.
  • #1,987
  • Edited 10:39am Jun 30, 2010 10:20am | Edited 10:39am
Thanks all4X and pip pirate 2. I've done most of the suggestion except i don't know abt cleaning up the registry.....but TDI still stalls my chart, particularly switching from higher to lower time frame. I've install MT4 from another broker and the result's the same....TDI stalls.

Oops... BTP, I downloaded it from MQL4 Codebase. I was searching for it in Compassfx but it's not in the list of indicators? I'm puzzled cos' it didn't happen with other indicators.
  • #1,988
  • Jun 30, 2010 11:45am Jun 30, 2010 11:45am
Quoting Xaphod
I don't know about any other webinars. You will have to go to Craigs website for information about other webinars.

The stochastic slope of the current candle changes as the current candle changes. A fact of daytrading is that you will loose some trades. However, if you are following the method correctly and you should have significantly more winning trades than losing trades. Back-test, forward-test, apply good money management when you go live.
I am also wondering about the stoch slope. Do you guys go in AFTER the candle closed and THEN BREAKS. Because quite often we get a reversal candle then the next one has a nice slope when the reversal candle breaks but then when I jump in it just reverses and the slope is away and my money lol. So how do you guys handle set?? Can you show some set ups when you go in to the trade and if you wait for candle close and so on?!?!?

Would be very helpful to a few of us I think.

Thanks
Bax80
Everyday 1K keeps the doctor away ;-)...
  • #1,989
  • Jun 30, 2010 1:09pm Jun 30, 2010 1:09pm
Quoting sharonlpk
I have just downloaded the TDI into my chart. However, I find it really slow my chart down and it takes almost 6 secs to switch in between different time frames. Is there anything I've done wrong? My chart returns to normal if i delete the indicator.

Regards,
sl
Here’s a tip, might speed things up a little too.

You really don’t need massive amounts of bar data on your chart so just change the max bars on your charts from 50000 (or what ever) to 5000.

Go to tools, options, charts then edit the two numbers and hit OK. See how-to example below.

Attached Image


and then...

Attached Image




JD
It's Easy To Get In;.. It's Hard To Get Out
  • #1,990
  • Jun 30, 2010 2:01pm Jun 30, 2010 2:01pm
Quoting Bax80
I am also wondering about the stoch slope. Do you guys go in AFTER the candle closed and THEN BREAKS. Because quite often we get a reversal candle then the next one has a nice slope when the reversal candle breaks but then when I jump in it just reverses and the slope is away and my money lol. So how do you guys handle set?? Can you show some set ups when you go in to the trade and if you wait for candle close and so on?!?!?

Would be very helpful to a few of us I think.

Thanks
Bax80
Is that real money or demo money?

The entry is usually on the break of the high/low of the reversal candle. It is not possible for me to comment on your trade as you do not provide very much information. There are many factors that go into deciding whether to take a trade or not. Volatility, distance from last fractal, news, distance from MAs, divergence, distance from support/resistance lines and so on.

There quite a few examples of successful and unsuccessful trades posted previously in the thread. Please review them. If you need help, you are more likely to get it if you post a screen shot of your trade and ask for comments.

/Xaphod
  • #1,991
  • Jun 30, 2010 2:10pm Jun 30, 2010 2:10pm
Quoting Jai Mata Di
xaphod as you say that we stocstic slope change as a candel change than if we get a swing low and we got a perfect angel, "wich we dont know it may be change" after the candel clossed so what do you suggest should we go for the trade or should we wait to candel to closse if we do wait than we will misse the pips, what do you suggest plz explain as you trading with this method for a long time, thanks in advance.
We enter on the break or a few pips beyond the break of the setup candle. Whether you take the trade or not will depend on all the other factors you have to take into consideration before you open a position:
Volatility, distance from last fractal, news, distance from MAs, divergence, distance from support/resistance lines etc.
  • #1,992
  • Jun 30, 2010 2:17pm Jun 30, 2010 2:17pm
Quoting Xaphod
We enter on the break or a few pips beyond the break of the setup candle. Whether you take the trade or not will depend on all the other factors you have to take into consideration before you open a position:
Volatility, distance from last fractal, news, distance from MAs, divergence, distance from support/resistance lines etc.
Hi Xaphod:
As someone who has struggled with this method from the start of the thread I think you have hit the nail on the head. There are many factors that you mention, 6 that I counted, that can determine whether someone takes a trade or not. It might be nice for the people struggling, like myself, if some of the people winning at this might comment on what they do or don't consider when taking the trade. The videos make it sounds like it's cut and dry where it appears there's a lot more discretion involved. Thanks to you and everyone for all you have contributed.

Jim
  • #1,993
  • Jun 30, 2010 2:51pm Jun 30, 2010 2:51pm
Quoting bigjim1958
Hi Xaphod:...
Yeah Jim,

I have the same problem. The videos show it's pretty cut and dry and that seems to be the biggest problem for some of us. We treat it to easy! It seems not cut and dry at all. Didn't see in the videos that it's important to look at fractal or MA distance. Also there is nothing about volatility. It only says that we need at least 40 - 50 pip at the tokyo channel. Further I don't see CH talking about S/R lines and divergence. Of course you have to know about news.

Xaphod can you post a couple trades which you took and tell us what the reason was for taking that trade?? Would like to know entry exit and why this was a trade to take.

Thanks a lot
Bax80
Everyday 1K keeps the doctor away ;-)...
  • #1,994
  • Jun 30, 2010 2:53pm Jun 30, 2010 2:53pm
Quoting Bax80
Yeah Jim,

I have the same problem. The videos show it's pretty cut and dry and that seems to be the biggest problem for some of us. We treat it to easy! It seems not cut and dry at all. Didn't see in the videos that it's important to look at fractal or MA distance. Also there is nothing about volatility. It only says that we need at least 40 - 50 pip at the tokyo channel. Further I don't see CH talking about S/R lines and divergence. Of course you have to know about news.

Xaphod can you post a couple trades which you took and tell us what the...
Hi Bax:
There's a lot of great information given on skype, but obviously from my and others lack of success, there are still a lot of variables. Don't know the answer, hoping that the successful traders might be able to help us folks on the special bus. Thanks
Jim
  • #1,995
  • Jun 30, 2010 3:10pm Jun 30, 2010 3:10pm
I have made a screencast of my chart from today GU M15.

The green arrows are the winners, the red ones are the losers.

http://screencast.com/t/NDhhYzdjM

Entry always AFTER the candle closed and got broken by 2 - 3 pips. Exit when second level was reached.

4 losers and 5 winners that's what I get pretty often. Kind of a coinflip. So I think I am making some major errors here.

Thanks for any help.

Bax80
Everyday 1K keeps the doctor away ;-)...
  • #1,996
  • Edited Jul 1, 2010 3:18am Jun 30, 2010 3:50pm | Edited Jul 1, 2010 3:18am
Quoting Bax80
I have the same problem. The videos show it's pretty cut and dry and that seems to be the biggest problem for some of us. We treat it to easy! It seems not cut and dry at all.
Trading is not easy. 85-95% fail at it.

Quoting Bax80
Didn't see in the videos that it's important to look at fractal or MA distance. Also there is nothing about volatility. It only says that we need at least 40 - 50 pip at the tokyo channel. Further I don't see CH talking about S/R lines and divergence. Of course you have to know about news.
I'm not here to preach about the system. I'm not a graduate of the system. I'm not an expert on the system. I'm just learning like many others on this thread. Someone asked a question and I offered an answer.

You need to take the videos for what they are. An introduction to the system, not a full course. Also, many of the people contributing here are self taught so what they do may differ from what CH does. If you want exactly what CH does you will have to take his course.

Enough volatility is what you have when the asian session goes beyond the 40 pip range. What's in a name?

If you want to trade against divergence because CH has not said anything about it, it is your call.

Asian session high and low, ADR high and low etc are all S/R lines. What if CH did not say that in his intro videos? It does not make them any less so. It is still beneficial to take them into account.

Quoting Bax80
Xaphod can you post a couple trades which you took and tell us what the reason was for taking that trade?? Would like to know entry exit and why this was a trade to take.
There quite a few examples of successful and unsuccessful trades posted previously in the thread. Please review them.
  • #1,997
  • Jun 30, 2010 4:16pm Jun 30, 2010 4:16pm
Quoting Xaphod
Trading is not easy. 85-95% fail at it.



I'm not here to preach about the system. I'm not a graduate of the system. I'm not an expert on the system. I'm just learning like many others on this thread. Someone asked a question and I offered an answer.

You need to take the videos for what they are. An introduction to the system, not a full course. Also, many of the people contributing here are self taught so what they do may differ from what CH does. If you want exactly what CH does you will have to take his course.

Enough volatility is what you...
Thanks for your respond. How can I join the chat room??
Everyday 1K keeps the doctor away ;-)...
  • #1,998
  • Jun 30, 2010 4:58pm Jun 30, 2010 4:58pm
Quoting Xaphod
Trading is not easy. 85-95% fail at it.



I'm not here to preach about the system. I'm not a graduate of the system. I'm not an expert on the system. I'm just learning like many others on this thread. Someone asked a question and I offered an answer.

You need to take the videos for what they are. An introduction to the system, not a full course. Also, many of the people contributing here are self taught so what they do may differ from what CH does. If you want exactly what CH does you will have to take his course.

Enough volatility is what you...
Great answers, Xaphod...spoken like a true pro!

I didn't start this thread, but I think the idea has never been to take away from CH's method and/or business...but to spread the word and help others.
Sentiment: Short on cash. Long on hope.
  • #1,999
  • Jun 30, 2010 5:56pm Jun 30, 2010 5:56pm
Quoting Bax80
I have made a screencast of my chart from today GU M15.

The green arrows are the winners, the red ones are the losers.

http://screencast.com/t/NDhhYzdjM

Entry always AFTER the candle closed and got broken by 2 - 3 pips. Exit when second level was reached.

4 losers and 5 winners that's what I get pretty often. Kind of a coinflip. So I think I am making some major errors here.

Thanks for any help.

Bax80
Hello Bax80 - If you notice all your loosing trades apart from 1 were against the trend so I suggest trade the trend until confidence builds up, the one looser with the trend seems a very long candle - don't trade them either as most of the momentum has been used up already, so is most likely for a retrace thus taking out your stop.
Stick to this system as in my mind is one of the best - Gain screen time on how price moves around the 20ma and 240ma - you will start to build a picture in your head how price moves ( Each pair is different) also look at the bigger time frames to see how the 15min corresponds to what is happening on the daily. - its like building up a sixth sense - you will get there in the end.
Drew.....
  • #2,000
  • Edited 6:20pm Jun 30, 2010 6:05pm | Edited 6:20pm
Quoting Bax80
I have made a screencast of my chart from today GU M15.

The green arrows are the winners, the red ones are the losers.

http://screencast.com/t/NDhhYzdjM

Entry always AFTER the candle closed and got broken by 2 - 3 pips. Exit when second level was reached.

4 losers and 5 winners that's what I get pretty often. Kind of a coinflip. So I think I am making some major errors here.

Thanks for any help.

Bax80
Have you read through the whole thread?
From your questions and chart examples it appears you have not.

Have you watched the webinars?

Have you watched the introduction videos repeatedly?

It is hard read your chart as it is not the standard one we use.
What moving averages are you using?
What are your entry points?
What type of trade (Buy/Sell)?
What are your SLs and TPs?
The next level does not tell me anything.

This is not so good:
You appear to quite often trade towards the MA.
At the end of the day you take a short close to the daily low and probably the adr low.

/Xaphod
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