Craig Harris Stochastics Method | Page 215 | Forex Factory

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Craig Harris Stochastics Method

  • #4,281
  • Apr 15, 2011 12:17pm Apr 15, 2011 12:17pm
John D... Nice work buddy...

Have a good weekend everyone...
  • #4,282
  • Apr 15, 2011 3:50pm Apr 15, 2011 3:50pm
Quoting eelfranz
For those who are new:

I went to www.compassfx.com and downloaded their free TDI Indicator and put it into my indicator file.

On the Chart: I copied the Synergy Template at www.compassfx.com

[font=Comic Sans MS][size=3][color=#0000ff]I then removed...


Eel, I want to express my sincere appreciation for the establishment and your generous contributions to this wonderful and, what I feel is the best and most effective site that I happen to be lucky enough to find.

Sorry to interject a question in my above mentioned gratitude.

I have downloaded and installed TDI, APB and the template. I removed the two yellow lines and installed the EMA 5 shift 3 and saved this by creating my own new template on MT4. My problem is, I removed the blue volatility lines from TDI by changing the color from blue to black, which is my background color , therefore making the blue lines disappear.
However, when I save my screen with a new template, everything gets captured on the new template except for the blackened out blue lines which revert back to blue. How can I create a template which captures and saves all these changes without the blue lines showing.

Thank you again for your help in this wonderful site.
  • #4,283
  • Apr 15, 2011 7:18pm Apr 15, 2011 7:18pm
Nice Trade John D . Just one of those a day and your " Golden ". I just want to thank Big E " Eric " for all his mentoring and selflessly in sharing his time and experience with us to help make us all better traders.

Thanks Eric . I hope you are in good health and good spirits. You have alot of friends here at FF on this thread .


Best in life ,

EZ
" Master Your Set-Up , Master Yourself "
  • #4,284
  • Apr 15, 2011 10:52pm Apr 15, 2011 10:52pm
Thanks for the kind words...

Since I can no longer post charts on the thread with this computer for some unknown reason... I'll email my Template for the 5 Method to another computer and post it this weekend...
  • #4,285
  • Edited 7:20am Apr 16, 2011 6:07am | Edited 7:20am
Morning Kobe,
Looks like you have been trying to change Dean Malone's TDI indie. It will, as you've seen, revert back to his settings.
Try using the TDI_RED GREEN I've attached.
Also, attached what I believe is Eric's latest template setup. The screen shot shows the default setting. I use the default. Others use a 3 shift. Not sure which setting Eric prefers.
Eric, please feel free to correct me if I'm wrong.
Good trades in the coming week to you.
Cliff


Quoting kobe484
Eel, I want to express my sincere appreciation for the establishment and your generous contributions to this wonderful and, what I feel is the best and most effective site that I happen to be lucky enough to find.

Sorry to interject a question in my above mentioned gratitude.

I have downloaded and installed TDI, APB and the template. I removed the two yellow lines and installed the EMA 5 shift 3 and saved this by creating my own new template on MT4. My problem is, I removed the blue volatility lines from TDI by changing the color from blue...
Attached Image (click to enlarge)
Click to Enlarge Name: Erics settup.gif Size: 50 KB
Attached File(s)
File Type: tpl #1 best 5 ma tdi.tpl   2 KB | 1,050 downloads
File Type: ex4 TDI Red Green.ex4   5 KB | 1,013 downloads
I get exercise just pushing my luck
  • #4,286
  • Apr 16, 2011 1:57pm Apr 16, 2011 1:57pm
Quoting eelfranz
John D... Nice work buddy...
Quoting EZTrades
Nice Trade John D . Just one of those a day and your " Golden ".
Thanks eelfranz & EZTrades!

I love to see the EUR/GBP set up for a trade. Some people don’t realize this pair pays out more per PIP.

e.g. A 20 PIP run on the EU would gross you $200.00 USD trading one standard but a 20 PIP run on the EG would gross you $305.20 USD.

Sure brokerage spreads will be for the most part larger on the EG than the EU. But, I’m not scalping on the 4hr chart either.

JD
It's Easy To Get In;.. It's Hard To Get Out
  • #4,287
  • Apr 16, 2011 2:22pm Apr 16, 2011 2:22pm
Quoting eelfranz
Fred...

I've thought of that many times... putting it in the Active Trading Forums where there is 300 + people most of the time....

It would be like starting from scratch again because most traders wouldn't come back here to get up to speed...

Lets take a poll... how many yea & how many nea votes... ?...
Big E,

A new room wouldnt be such a bad idea. You could explain how the Five Method developed, post the rules-Template & Indicators & then have a link that brings people (mainly newbies) back to this thread. I would state - "Before asking questions make sure you have read the complete thread or you will not get an answer" I dont think that would be rude at all either. If the question has been answered once already on the thread and its asked again, then its probably someone that thinks they can get rich quick with Forex trading and/or are to lazy to read the rules/thread & study. Questions will never end but I think there are enough of us here that we can help you out.

One last thing- Im always looking back at the thread to make sure I didnt miss anything-and at times, I go back to the beginning and start over-its fun, Lol! You learn alot looking over old charts, and other peoples charts as well.

I want to thank you again for introducing The 5 Method. It makes trading on longer TF so much easier then anything Ive ever seen.

Thanks,

Dan

Whats everyone else think?
  • #4,288
  • Apr 16, 2011 3:14pm Apr 16, 2011 3:14pm
Hey John,
You know that's a good point...I usually just use the pair as kind of a gage of strengh for the Euro or Pound...I think I'll start looking at the setups as well...
Thanks much...
Cliff

Quoting John D
Thanks eelfranz & EZTrades!

I love to see the EUR/GBP set up for a trade. Some people don’t realize this pair pays out more per PIP.

e.g. A 20 PIP run on the EU would gross you $200.00 USD trading one standard but a 20 PIP run on the EG would gross you $305.20 USD.

[font=Times New Roman][size=3]Sure brokerage spreads will be for the most part larger on the EG than the EU. But, I’m not scalping on the...
I get exercise just pushing my luck
  • #4,289
  • Apr 17, 2011 12:59pm Apr 17, 2011 12:59pm
I am new here and I had read thread from the beginning up to about #200. Mr. Big E. advised us to study old chart up to a year old. I have FXDD MT4 but when I used the scroll back key, it only can go back to about 3 three months! Is there a special trick to do it? Help from anyone will be appreciated.

Thanks for Mr Big E and all other contributors making this thread a reality!

Adon
  • #4,290
  • Apr 17, 2011 1:11pm Apr 17, 2011 1:11pm
As Promised: Note the 5 method Template is posted just above (Post # 4285). You may want some or all of these indicators. The Synergy APB is for the HA Candles. Bring up any chart... add what you want on it... Then save it into your Templates file...
Attached File(s)
File Type: ex4 Synergy_APB.ex4   4 KB | 2,375 downloads
File Type: mq4 TDI-Arrow.mq4   15 KB | 3,611 downloads
File Type: mq4 TDI Alert Crossover.mq4   9 KB | 3,616 downloads
File Type: mq4 informer.mq4   9 KB | 2,950 downloads
File Type: mq4 TDI_TradeAnnouncer.mq4   16 KB | 3,188 downloads
File Type: mq4 TDI Red Green.mq4   9 KB | 2,536 downloads
  • #4,291
  • Apr 17, 2011 1:56pm Apr 17, 2011 1:56pm
Training Chart....

This chart is maxed out for size. I want you to note the three main areas on PA where it rested...

Look at the TDI where green went flat several times (arrows)... normally an exit signal...

But look at the distance from PA to the 5 ema line and the distance from the green/red lines on the TDI... looks pretty strong since neither is coming back to cross over... Keep this in mind as you look at your charts... and sometimes you'll be able to squeeze the last pip out of a trade instead of jumping in and out over and over... just something to pay attention too...

Also note that the Stochs is worthless outside the 80/20 lines...

If you had stayed in this trades it was worth 111 pips...
Attached Image (click to enlarge)
Click to Enlarge Name: e-g.gif Size: 20 KB
  • #4,292
  • Apr 17, 2011 2:04pm Apr 17, 2011 2:04pm
Template for the 5 method...



Attached File(s)
File Type: tpl #1 best 5 ma tdi.tpl   2 KB | 1,911 downloads
  • #4,293
  • Apr 17, 2011 2:22pm Apr 17, 2011 2:22pm
E,Thanks for posting everything. The training charts are awesome. I cant see why anyone would have a hard time trading this method.
  • #4,294
  • Apr 17, 2011 3:45pm Apr 17, 2011 3:45pm
Big E - what is the function of informer? Market is closed right now so there is nothing showing on the chart. Thanks.
  • #4,295
  • Apr 17, 2011 4:55pm Apr 17, 2011 4:55pm
Quoting eelfranz
As Promised: Note the 5 method Template is posted just above (Post # 4285). You may want some or all of these indicators. The Synergy APB is for the HA Candles. Bring up any chart... add what you want on it... Then save it into your Templates file...

Thank you so much for your reply. I find it difficult to find the words sufficient enough to express my gratitude and appreciation for your efforts in establishing this wonderful site. There must be a God out there to create such a freely giving human being such as yourself. Stay well.

You are the Best.
  • #4,296
  • Edited 10:48pm Apr 17, 2011 8:59pm | Edited 10:48pm
AUD-USD Short at 1.0530 - 0400 FXDD chart time. Eelfranz, please comment on entry.
Attached Image (click to enlarge)
Click to Enlarge Name: aud-usd 4-18-0400.gif Size: 21 KB
Without vision, the people will perish.
  • #4,297
  • Apr 18, 2011 1:00pm Apr 18, 2011 1:00pm
bythepound,

Basically your chart looks like a perfect set up... everything lined up... However, note the short reversals of only one or two candles before reversing again... you would want to monitor this trade I think...... Sorry this is 16 hours ago since you posted...
  • #4,298
  • Apr 18, 2011 1:26pm Apr 18, 2011 1:26pm
Adong,

To go back further in your charts... go to a higher timeframe... like Daily or weekly. Mine goes back over 10 years... and remember this method works on all timeframes.....

The key to understanding is studying old charts to build your confidence in the TDI Crossover/entries... burn it in your mind.

Pay attention to previous swings (# of candles) and your current support and resistance levels.

After a while your eye/brain knows what to look for and it becomes quite natural and fast...

Lower timeframes require constant monitoring (5/15/30/1hr)... otherwise you may get sacked and lose your pips..

That's why I prefer to trade the 4 hr charts and above and I don't generally have to monitor the trade... makes me pips while I sleep... News doesn't normally effect the higher timeframes either...

Hope this helps...
  • #4,299
  • Apr 18, 2011 1:30pm Apr 18, 2011 1:30pm
Training Chart...

Why would any trader want to trade a chart that looks like this... It's not flat but pretty pittyful... 9 pip channel.... look for another chart to trade at a higher timeframe...
Attached Image (click to enlarge)
Click to Enlarge Name: e-g1.gif Size: 19 KB
  • #4,300
  • Apr 18, 2011 1:31pm Apr 18, 2011 1:31pm
Hi Big E:

Thanks so much for posting the 5 Method, and continuing to provide instruction.

I must admit that I was a skeptical when I read the rules for the 5 Method. My first thought was, "Okay, here's another MA crossover system." I know that I have been disappointed by a number of them. In fact, several months ago, I swore that I would not look at another one.

I have placed four 6 trades with your 5 Method. The first two failed miserably. Looking back, I now see that I entered on the 4th and 5th candles. At first, I only counted the candles after the MA cross.

I placed two other trades on the M15 charts about the same time and forgot about them, and began reading another thread. When I came back to them a week later, both were in profit, and I decided to start demoing trading your method seriously last night.

I am going to focus on Daily trades with occasional H4 trades.


Last night I took two trades off the daily chart: EU and EA. The EU trade is up 185 pips, and the EA is up 100 pips. I have attached the two charts. Let me know what you think of my entries. The last think I want to do is develop bad habits because I've won a trade or two.

Location[/size]
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd 41811.gif Size: 22 KB
Click to Enlarge Name: euraud 41811.gif Size: 22 KB
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