Open to new approaches.
- #24
- Nov 3, 2014 1:31pm Nov 3, 2014 1:31pm
- | Additional Username | Joined Apr 2014 | 1,220 Posts
My Best Trade is Next Trade!
- #25
- Nov 3, 2014 1:34pm Nov 3, 2014 1:34pm
- | Additional Username | Joined Apr 2014 | 1,220 Posts
the main problem is
when price preparing to take off
it range long hours.
those long hours stoch 300 fills its buffer and starts give signals before take off
and this creates the big fails
while trader has big trust on system those hunts badly
when price preparing to take off
it range long hours.
those long hours stoch 300 fills its buffer and starts give signals before take off
and this creates the big fails
while trader has big trust on system those hunts badly
no insight stoch is a math result coming from price itself when period > 50 in this case ~300 before stoch heading to zeroline to create difference between price 300 bars creates big distance so price strecthed enough to reratce relatively at the same time with stoch this gves traders oportunity to trade against PA. means reverse trade most of the time it works as usual sometimes fails this has nothing different then trading stoch 5 this gives rare signal when price strecthed more that more ready to retrace GL {quote}
My Best Trade is Next Trade!
- #26
- Nov 3, 2014 1:35pm Nov 3, 2014 1:35pm
- | Additional Username | Joined Apr 2014 | 1,220 Posts
so you better combine the signals with ATR
means range
this will filter many bad signals
means range
this will filter many bad signals
the main problem is when price preparing to take off it range long hours. those long hours stoch 300 fills its buffer and starts give signals before take off and this creates the big fails while trader has big trust on system those hunts badly
My Best Trade is Next Trade!
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...
Excellent work!
Something you can also do is compare the Stoch to ZigZag. I have done a bit of work with this in the past. If you get the settings right, ZigZags and Stoch should match and be very "similar". There should be a ZigZag end-point when Stoch is at 0/100 etc. When there isn't, you got yourself a dissimilarity, one of those rare events that EURUSDD always talks about
I shall give this a try when I have more time and update later!
Focus, Patience, Determination & Order in chaos
- #38
- Nov 4, 2014 12:09am Nov 4, 2014 12:09am
- Joined Mar 2012 | Status: Trader | 1,225 Posts
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...
perfect
