Read the first 2 pages of the thread, run the EA for at least an hour, read the first 2 pages again, and THEN if you have questions, I might answer.
These are EAs, not indicators. They are EAs in case others want to build trading systems around the wormhole detection the EAs provide. You might be able to glean manual systems others are using by reading their statements, their posts, and asking them questions.
No need to change settings. Each EA has settings appropriate for the timeframes.
Giving tons of credit to Eurusdd and other contributors to the Similarity thread.
Based on comparisons of stochastic values across timeframes within one currency pair, the EAs mark the latest wormhole detected. I am defining a wormhole as a price level where a stochastic mismatch was detected. Those price levels tend to act as magnets. I won't venture to say that the market action always returns to the wormhole price levels, but it seems it often does.
My own demo trading is nothing special; I claim no extraordinary insight or tricks. I have just done demo trading as I have had time over the last couple of weeks to see how much gravity the wormholes have. It seems there is something to this, but I can also see where one could get a runaway loser. Have to manage that as with all trading.
The one loser you see in the statement was part of a group of 3 trades that were overall in net profit. The market action was very light so I just closed the 3 trades when I had to move on to something else.
Have a look at this post to see where I got started trying to trade the wormholes: http://www.forexfactory.com/showthre...11#post7822711
Maybe you can use this as one tool in your own trading system. Enjoy and discuss. Be nice!
These are EAs, not indicators. They are EAs in case others want to build trading systems around the wormhole detection the EAs provide. You might be able to glean manual systems others are using by reading their statements, their posts, and asking them questions.
No need to change settings. Each EA has settings appropriate for the timeframes.
Giving tons of credit to Eurusdd and other contributors to the Similarity thread.
Based on comparisons of stochastic values across timeframes within one currency pair, the EAs mark the latest wormhole detected. I am defining a wormhole as a price level where a stochastic mismatch was detected. Those price levels tend to act as magnets. I won't venture to say that the market action always returns to the wormhole price levels, but it seems it often does.
My own demo trading is nothing special; I claim no extraordinary insight or tricks. I have just done demo trading as I have had time over the last couple of weeks to see how much gravity the wormholes have. It seems there is something to this, but I can also see where one could get a runaway loser. Have to manage that as with all trading.
The one loser you see in the statement was part of a group of 3 trades that were overall in net profit. The market action was very light so I just closed the 3 trades when I had to move on to something else.
Have a look at this post to see where I got started trying to trade the wormholes: http://www.forexfactory.com/showthre...11#post7822711
Maybe you can use this as one tool in your own trading system. Enjoy and discuss. Be nice!
Open to new approaches.
