Impossible to backtest. The MTF Stoch repaints back 4 bars.
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DislikedThats a good trade...your getting it.If you stay in step with the direction of the market you will be fine.
I say direction and not trend because some days the market will not be trending and you must be able to find your bearings and navigate the terrain on mtf stochs only.
I use tma as a visual as I never want to feel stuck in the middle of the market.We are always going some were.I think in terms of beginning and end and not the middle.Ignored
DislikedHi Kevin, I got one question..
in my chart I have marked a signal that it looks pretty valid... but it turned out to a very quick fake out.. (not a problem it happens to any system)..
I would like to get your feed back on how do you handle such situations..
-do you bear with it with stoch steps as it goes to such deep loss (about 25 pips)?
-do you cut the loss once it crosses the Pullback mark?
or... ?
Thank you.Ignored
DislikedHi Kevin, I got one question..
in my chart I have marked a signal that it looks pretty valid... but it turned out to a very quick fake out.. (not a problem it happens to any system)..
I would like to get your feed back on how do you handle such situations..
-do you bear with it with stoch steps as it goes to such deep loss (about 25 pips)?
-do you cut the loss once it crosses the Pullback mark?
or... ?
Thank you.Ignored
DislikedHi Kevin, I got one question..
in my chart I have marked a signal that it looks pretty valid... but it turned out to a very quick fake out.. (not a problem it happens to any system)..
I would like to get your feed back on how do you handle such situations..
-do you bear with it with stoch steps as it goes to such deep loss (about 25 pips)?
-do you cut the loss once it crosses the Pullback mark?
or... ?
Thank you.Ignored
DislikedExit out of there and wait for the next setup.It is like tennis*******you don't have to win every game to win the set.
At the end of the day the winners far outweigh the losers.It will take time to get used to the system and begin to anticipated trades based on market movement.
Exiting out of the trades that were on hold and going to sleep.Been at it since 5pm est yesterday.
Gooday,Ignored