Spud's Predictive MTF Stochastics | Page 84 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Spud's MTF FIB Breakout System 383 replies

MTF Stochastics 1,485 replies

MTF Stochastics into MTF Stoch Histogram 8 replies

Trading MTF STochastics Manual 13 replies

Journal related to: Spud's MTF Stochastics 178 replies

Attachments: Spud's Predictive MTF Stochastics
Exit Attachments

Spud's Predictive MTF Stochastics

  • #1,661
  • Aug 14, 2013 12:36am Aug 14, 2013 12:36am
Fx-optimus

can you share what TF that you using? and what is the rules for the enter and exit? thx
Never say no to PIPS
  • #1,662
  • Aug 16, 2013 10:51am Aug 16, 2013 10:51am
Quoting lazyegg
Fx-optimus can you share what TF that you using? and what is the rules for the enter and exit? thx
I just saw your post now. The indies and the tpl are there in the previous page in one of my posts. This is a combination TMS+Babon+MTF Stoch methods put together. You decide trade direction and entry using TMS method in H1 or H4. Then using the Babon M1 chart template with MTF stoch make the trade entry. This is the most precise trade entry one can make. Take profit starts with 50 pips in H1 chart and the trade is carried forward in H4 to make anything from 100 pips to 300 pips in single trade. You spend some time reading TMS thread. I have attached the babon method along with indis. You will get an idea. TMS and babon are the two methods lot many traders are trading successfully. Add MTF Stoch to it to make the final call or to pull the trigger.

I am unable spend time here to post my trades. Whether anybody seeing this or not I will try and post my trades at least one every day. Thanks for showing interest here.

FxOptimu$
  • #1,663
  • Aug 18, 2013 11:17pm Aug 18, 2013 11:17pm
The only indicator I use to trade is stochastics. I don't see a need to use anything else, except maybe volume.

I've learned to trade stochastics successfully on any time frame as low as 1 minute, and through my trials and errors, I've learned (the hard way) that there is no magical indicator that can tell you what to do. The sooner you accept this, the sooner you can start to improve your trading. There are indicators that happen to work better than others (in certain situations), but the real "magic" lies in knowing how to use the indicators the "right" way, and also when.

And I am pretty sure the "right" way couldn't be more clear than in the title of this thread...
Please check out my blog at https://from-zero-to-hero . net
  • #1,664
  • Aug 24, 2013 8:38pm Aug 24, 2013 8:38pm
Quoting smash1820
The only indicator I use to trade is stochastics. I don't see a need to use anything else, except maybe volume. I've learned to trade stochastics successfully on any time frame as low as...
That is great. Can you please share your stoch method. Perhaps I may improve my trading. I just love the stoch.

FxOptimu$
  • #1,665
  • Sep 5, 2013 4:19am Sep 5, 2013 4:19am
Quoting deepermind
I took first trade with Spud`s Predictive MTF Stochastics Method. Like to hear some advice about I`ve done right or not, and about my exit point. Enter : 28/10/2008 9:42 GMT 1) 5m triggered Short (over 90) and headed down almost reaching 20 line 2) 15m was just closed under 80 3) 30m was above 80 but was heading down Exit : 1) 30m was closed flat after 5m ranging around 50 line 2) 15m was almost reached 20 line (but still was heading down) 3) 5m was heading up (this was not considered as exit reason) Exit with 25pips Profit etc. Maximum drawdown...
you still use this im trying to do this whit very good results at the moment
Scalping
  • #1,666
  • Aug 11, 2014 10:21pm Aug 11, 2014 10:21pm
Attached File(s)
File Type: mq4 #MTF Stochastic v3.0.mq4   7 KB | 563 downloads

Quoting smash1820
The only indicator I use to trade is stochastics. I don't see a need to use anything else, except maybe volume. I've learned to trade stochastics successfully on any time frame as low as 1 minute, and through my trials and errors, I've learned (the hard way) that there is no magical indicator that can tell you what to do. The sooner you accept this, the sooner you can start to improve your trading. There are indicators that happen to work better than others (in certain situations), but the real "magic" lies in knowing how to use the indicators the...
Hi smash could you please help me set up this mtf indi it only shows 1 tf ? -thankx
There has never been a statue erected in honor of a critic
  • #1,667
  • Aug 11, 2014 10:29pm Aug 11, 2014 10:29pm
Quoting pip.monkey
{file} {quote} Hi smash could you please help me set up this mtf indi it only shows 1 tf ? -thankx
Ok, but give me a couple of hours bc I am busy at this moment.

If you you're lucky (and smart), you may catch on to a few of my secrets I may also share... and since you're here on this thread reading this, I can already tell that you're smart.

I will start by saying MTF stochastics is the best way that I know how to trade (combined with one other indicator), and I honestly don't think anything else can beat it.

It will serve as the core for the "holy grail EA" that I'm still working on.

I don't use an MTF stoch indicator but rather just an MTF setup containing the indicators I want. If you search through some of my past history and look at the charts I've posted, you'll see what I mean.

I'll try to add more soon, but if there's one thing I could and would suggest to anyone, it is do not shy away from the MTF method no matter how much it has failed you, it is the real deal.

Learn how to use it correctly, and you may just have a holy grail for yourself.
Please check out my blog at https://from-zero-to-hero . net
  • #1,668
  • Aug 11, 2014 10:44pm Aug 11, 2014 10:44pm
Quoting smash1820
{quote} Ok, but give me a couple of hours bc I am busy at this moment. If you you're lucky (and smart), you may catch on to a few of my secrets I may also share... and since you're here on this thread reading this, I can already tell that you're smart. I will start by saying MTF stochastics is the best way that I know how to trade (combined with one other indicator), and I honestly don't think anything else can beat it. It will serve as the core for the "holy grail EA" that I'm still working on. I don't use an MTF stoch indicator but rather just...
Hi

Would you mind sharing that updated indi sto3 please ? And once you are ready smash will you tell me what other indicator please ? Im using stoch with varying success but still missing something... any help is appreciated
cheers
hannele
  • #1,669
  • Aug 11, 2014 11:23pm Aug 11, 2014 11:23pm
Quoting smash1820
{quote} Ok, but give me a couple of hours bc I am busy at this moment. If you you're lucky (and smart), you may catch on to a few of my secrets I may also share... and since you're here on this thread reading this, I can already tell that you're smart. I will start by saying MTF stochastics is the best way that I know how to trade (combined with one other indicator), and I honestly don't think anything else can beat it. It will serve as the core for the "holy grail EA" that I'm still working on. I don't use an MTF stoch indicator but rather just...
cool thank for your reply-- even though this thread seems dead is is calling my name '-) .
I was looking for the rope like indi from spuds other thread but it seems this thread has the indis in there own frames in mt4 -great pips to you
There has never been a statue erected in honor of a critic
  • #1,670
  • Aug 11, 2014 11:26pm Aug 11, 2014 11:26pm
Quoting hannele
{quote} Hi Would you mind sharing that updated indi sto3 please ? And once you are ready smash will you tell me what other indicator please ? Im using stoch with varying success but still missing something... any help is appreciated cheers hannele
here ya go
Attached File(s)
File Type: mq4 #MTF Stochastic v3.0.mq4   7 KB | 732 downloads
There has never been a statue erected in honor of a critic
  • #1,671
  • Aug 11, 2014 11:30pm Aug 11, 2014 11:30pm
Quoting pip.monkey
{quote} here ya go {file}
Hi pip monkey
thank you but I meant the version that can show more than one time frame, after smash has fixed it, if it is ok with you

cheers
hannele
  • #1,672
  • Aug 12, 2014 2:02pm Aug 12, 2014 2:02pm
Quoting hannele
{quote} Hi pip monkey thank you but I meant the version that can show more than one time frame, after smash has fixed it, if it is ok with you cheers hannele
got this great rope style mtf stochastic indicator for 600 build - all thanks go to mladen
Attached File(s)
File Type: ex4 All time frame stochastic.ex4   15 KB | 776 downloads
There has never been a statue erected in honor of a critic
  • #1,673
  • Aug 12, 2014 2:21pm Aug 12, 2014 2:21pm
made my first spud trade "5/15 min" last night on the usd/aud -made 100 pips easy as pie-. so will give this idea some more time and trades .will try to post live.
There has never been a statue erected in honor of a critic
  • #1,674
  • Aug 12, 2014 6:45pm Aug 12, 2014 6:45pm
Quoting pip.monkey
made my first spud trade "5/15 min" last night on the usd/aud -made 100 pips easy as pie-. so will give this idea some more time and trades .will try to post live.
Hello Pip,

Good to see some new interest in Spud's stochastic theories, especially as you are making money . I am, however, a bit confused. Assuming that by usd/aud you mean that you made your first trade in AUDUSD, how did you manage to make 100 pips with a range of no more than 40 pips this week? Or did you make several trades both long and short?

Keep up the good work, nice to see this thread back in use, who knows, Spud might even re-appear?

TTFN

Merlyn
TTFN Merlyn
  • #1,675
  • Edited 9:12pm Aug 12, 2014 8:16pm | Edited 9:12pm
short audusd @ .9283 6:15 pst took screen shot at entry time- so far right candle
=

How read my Stoch setup--
Red line = 5min
Yellow line = 15 min
Small broken lines ---------------- = 30 min
Med broken lines --- - --- - --- = 1 hour
Long broken lines__ __ __ __ __ =4 hour
Set up for long is wait for the red line to cross 10 %
Enter trade when 15min yellow line turns up along with price
*price must be higher then when the red line first crossed 10%.----Messed up here on this trade :-0
**Reverse for shorts
##Exit when the 15min yellow line turns against the trade and bar closes.
Attached Image (click to enlarge)
Click to Enlarge Name: asdaud.png Size: 31 KB
There has never been a statue erected in honor of a critic
  • #1,676
  • Edited 8:58pm Aug 12, 2014 8:23pm | Edited 8:58pm
Quoting Merlyn
{quote} Hello Pip, Good to see some new interest in Spud's stochastic theories, especially as you are making money . I am, however, a bit confused. Assuming that by usd/aud you mean that you made your first trade in AUDUSD, how did you manage to make 100 pips with a range of no more than 40 pips this week? Or did you make several trades both long and short? Keep up the good work, nice to see this thread back in use, who knows, Spud might even re-appear? TTFN Merlyn
I l bought a PIP is the smallest increment and it moved >.10 of a cent I could be wrong-- but bought 3 lots = 650 usd on demo in @ 92546 out @ 92668 ? on 1 trade only --see ya soon--

and yes where ya hiding spud man ? love your style
so intuitive and clear for me, unlike most fx systems that I can't seem to got my head around -peace and love all
There has never been a statue erected in honor of a critic
  • #1,677
  • Aug 12, 2014 8:57pm Aug 12, 2014 8:57pm
great to see people still bumping in these thread as these method really teach me a lot.
  • #1,678
  • Aug 12, 2014 10:09pm Aug 12, 2014 10:09pm
“Stochastics is a momentum oscillator,” said Lane. -The Father of stochastics- “It doesn’t follow price, it doesn’t follow volume or anything like that. It follows the speed or the momentum of price. As a rule, the momentum changes direction before price.”
He made a comparison to a rocket speeding away from the Earth. Before the rocket can turn and head back to the ground again, it must first start to slow down.

here is the full interview
Attached File(s)
File Type: pdf George Lane-Father of Stochastics.pdf   281 KB | 912 downloads
There has never been a statue erected in honor of a critic
  • #1,679
  • Aug 13, 2014 12:45am Aug 13, 2014 12:45am
Quoting pip.monkey
short audusd @ .9283 6:15 pst took screen shot at entry time- so far right candle = How read my Stoch setup-- Red line = 5min Yellow line = 15 min Small broken lines ---------------- = 30 min Med broken lines --- - --- - --- = 1 hour Long broken lines__ __ __ __ __ =4 hour Set up for long is wait for the red line to cross 10 % Enter trade when 15min yellow line turns up along with price *price must be higher then when the red line first crossed 10%.----Messed up here on this trade :-0 **Reverse for shorts ##Exit when the 15min yellow line turns...
Closed @ 9277 gain 4.5 pips
There has never been a statue erected in honor of a critic
  • #1,680
  • Aug 13, 2014 6:36am Aug 13, 2014 6:36am
Quoting pip.monkey
{quote} I l bought a PIP is the smallest increment and it moved >.10 of a cent I could be wrong-- but bought 3 lots = 650 usd on demo in @ 92546 out @ 92668 ? on 1 trade only --see ya soon-- and yes where ya hiding spud man ? love your style so intuitive and clear for me, unlike most fx systems that I can't seem to got my head around -peace and love all

Hello Pip,

Purely for the sake of clarity, when 5 (and 3 on some pairs) places of decimals were introduced into FX pricing the final number became a point, which equates to 1/10th or 0.1 of a pip. Some platforms actually show the points in red or a smaller font size to lessen the confusion. Your example above, therefore, equates to 92668 minus 92546 which = 122 points or 12.2 pips.

I hope that helps.

TTFN

Merlyn
TTFN Merlyn
1 trader viewing now