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  • #1,141
  • Jun 17, 2011 10:24am Jun 17, 2011 10:24am
I can see both stochs quite clearly in your chart,

the one that is yellow with flashes of blue & red is the 1hr (the upper line)

the one that is sea green with flashes of blue & red is the 4 hr (the lower line)

you can also hover your mouse over the lines and it will show you what each line is.

In addition the bottom stoch window you have for 4hr is not needed when using the !kevinator indicators.

As someone also mentioned you are missing the TMA indicator on your chart (either TMA.ex4 or TMA with Distance.ex4)

Quoting Tal1983
Now i have the 1h stoch but not the 4h-what is the problem?
  • #1,142
  • Jun 17, 2011 10:30am Jun 17, 2011 10:30am
Quoting duffy
Tal1983

You haven't downloaded the TMA that appears in the top window with the prices.



Di
I download and put them but from some reason they don't show up-can you upload the file?
  • #1,143
  • Jun 17, 2011 10:41am Jun 17, 2011 10:41am
Hi Dehyah

that was a valid signal

BUT

price had been clearly in a downtrend
4hr stoch had only changed to long within the 4hr period

The name of this thread is Kevinator 5m retracement

the operative word being retracement

while sometimes you may be lucky and catch the start of a new trend, more often you wont

P.Dean and myself have mentioned this, just because there is a valid signal doesn't mean you should necessarily take it

Kevinator has mentioned this is like a "football play book", you need to have studied the reactions in real time and in time you will be able to automatically discard the weaker signals

Don't worry this is a learning curve, but very quickly overcome, in the beginning I also was taking signals left right & centre, now I am more selective.

Keep on with it though, this is a two part process

1) recognizing the signals
2) recognizing the stronger/weaker signals

Regards, John

Quoting Dehyah
Got stopped out for 11 pips.
  • #1,144
  • Jun 17, 2011 10:49am Jun 17, 2011 10:49am
USDCHF

well it took some time so decided to close out this position when it got close to the previous low which was my original target (see post #1062)

+19.6 Pips
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  • #1,145
  • Jun 17, 2011 11:06am Jun 17, 2011 11:06am
Quoting jmw1970
Hi Dehyah

that was a valid signal

BUT

price had been clearly in a downtrend
4hr stoch had only changed to long within the 4hr period

The name of this thread is Kevinator 5m retracement

the operative word being retracement

while sometimes you may be lucky and catch the start of a new trend, more often you wont

P.Dean and myself have mentioned this, just because there is a valid signal doesn't mean you should necessarily take it

Kevinator has mentioned this is like a "football play book", you need to have studied the reactions...
Thanks much, lesson learnt.
With God all things are possible.
  • #1,146
  • Jun 17, 2011 11:16am Jun 17, 2011 11:16am
Are you specifically talking about the developing trend on the 240 or 60 Stochastic?
With God all things are possible.
  • #1,147
  • Jun 17, 2011 11:20am Jun 17, 2011 11:20am
Hello

I have returned.

I left that trade and that I had taken earlier.

Here is the end result. 40+ and still going.

My daily total 175 pips in the last 12hrs.
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  • #1,148
  • Jun 17, 2011 11:24am Jun 17, 2011 11:24am
I missed two trades Audusd and eurjpy.

That would have put me over 200 for the day.200 yesterday and the day before.

Average 1000pips a week.

Any questiions,comments or concerns
  • #1,149
  • Jun 17, 2011 11:32am Jun 17, 2011 11:32am
Quoting kevinator
I missed two trades Audusd and eurjpy.

That would have put me over 200 for the day.200 yesterday and the day before.

Average 1000pips a week.

Any questiions,comments or concerns
Nice work!
  • #1,150
  • Jun 17, 2011 11:46am Jun 17, 2011 11:46am
For those that are having a hard time visualizing what exactly we are doing with the MOM trades,

We are taking the large parts of the major trend.

If you see I have marked the 4hr chart to show the major trend.

This is the major trend your 240 or 4hr mtf stoch will show.

If you see the market surges up then, pulls back , then resumes.

We are taking that surge in the trend and when price pulls back it pulls back to the top or bottom of the TMA.

Does this make sense to everyone and do you understand what we are doing?
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  • #1,151
  • Jun 17, 2011 11:57am Jun 17, 2011 11:57am
Alright everyone this concludes our week of trading as it is past 12pm est on friday and everyone that has enough money to drive trades is off doing what we all should be doing right now.

On the phone with your broker telling him or her to send the check from this weeks proceeds.

Alot of people would say thank you kevin for telling us about your trading system.

I say do not thank me...you should thank Jesus Christ of Nazareth because without him I would not be here to tell you of these things,

So thank him as he gets all the honor and the glory.



See you Monday morning 12 am est for more work and have a good and safe weekend.
  • #1,152
  • Jun 17, 2011 12:09pm Jun 17, 2011 12:09pm
Kevin, please,
Which are the exit conditions?

Thanks for your system and help
  • #1,153
  • Jun 17, 2011 12:09pm Jun 17, 2011 12:09pm
Kev on your template you have my entry - entry - reentry but it is not clear to me where exactly you would execute these trades. Can you or anyone clarify please.
  • #1,154
  • Jun 17, 2011 12:17pm Jun 17, 2011 12:17pm
Quoting kevinator
Alright everyone this concludes our week of trading as it is past 12pm est on friday and everyone that has enough money to drive trades is off doing what we all should be doing right now.

On the phone with your broker telling him or her to send the check from this weeks proceeds.

Alot of people would say thank you kevin for telling us about your trading system.

I say do not thank me...you should thank Jesus Christ of Nazareth because without him I would not be here to tell you of these things,

So thank him as he gets all the honor and...
Respect mi bredda.
With God all things are possible.
  • #1,155
  • Jun 17, 2011 12:19pm Jun 17, 2011 12:19pm
I've been watching your posts in the thread and I love your ethusiasm and confidence.

I think you deserve more than a single vouch.

You take care brother. See ya week.


Quoting kevinator
Alright everyone this concludes our week of trading as it is past 12pm est on friday and everyone that has enough money to drive trades is off doing what we all should be doing right now.

On the phone with your broker telling him or her to send the check from this weeks proceeds.

Alot of people would say thank you kevin for telling us about your trading system.

I say do not thank me...you should thank Jesus Christ of Nazareth because without him I would not be here to tell you of these things,

So thank him as he gets all the honor and the...
  • #1,156
  • Jun 17, 2011 12:35pm Jun 17, 2011 12:35pm
Can someone please post how to make the 240 stoch appear.

I've downloaded the update zip and I only get the 1hr stoch.

I'm doing great with scalps and would like to get into the longer trades.

This is a great system. Thanks.
Follow the money --Mark Felt (Deepthroat)
  • #1,157
  • Jun 17, 2011 12:39pm Jun 17, 2011 12:39pm
Quoting longfellow
Can someone please post how to make the 240 stoch appear.

I've downloaded the update zip and I only get the 1hr stoch.

I'm doing great with scalps and would like to get into the longer trades.

This is a great system. Thanks.
Yes- just go to "INSERT" and then "Color stoch" and put "240" in the timeframe
  • #1,158
  • Jun 17, 2011 2:50pm Jun 17, 2011 2:50pm
Quoting kevinator
Alright everyone this concludes our week of trading
Wow week went fast.

Good stuff. Now all you with questions about charts and such, read up over the weekend its all in there --get your charts all set up and see you guys Monday at LO.

Rock out

Special thanks go to:
Jmw
P-deany
fastforex
Kevin-of course
Attached Image
  • #1,159
  • Jun 17, 2011 2:51pm Jun 17, 2011 2:51pm
I have just taken a quick 10 pips on GBPUSD to finish the week.

Kevin, I have worked with you in the past testing EAs (remember?). You are a good man, and have come up with a good system.

Best wishes and God bless you.

Paul.
  • #1,160
  • Jun 17, 2011 2:55pm Jun 17, 2011 2:55pm
I must say that i'm impressed!! This is the best system ever!!
Kevin you are the king!
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