Good catch. The straight mechanicals is yes, you hit the stop and there is nowhere to go here. I think if you use the the time frames..M1 (or just filter) and M15 you'll get a pretty good idea we are a little early....does that prevent you from ...

Spud's Predictive MTF Stochastics

I'm just showing you can take the safest trades..be picky and still make good pips in a day. This is the safest way to trade stochastics when the PL is in the overmarket and the OL is leaving the over market. Also, just trying to give a better ...

Spud's Predictive MTF Stochastics

Mental Stop — Here is the detail where our entries hit a our mental stop. We crossed our mental stop by 2 pips on the candle close...is that enough to exit? This is where M1 comes into play(see insert)...notice how it is breaking out 1 minute ...

Spud's Predictive MTF Stochastics

The chart below is details on a few of these trades. What you should notice is the relationship to the dashed red line representing where we made +10 pips and the peaking of the Origin Line..and/or the crossing of the Origin line relative to 23.6 or ...

Spud's Predictive MTF Stochastics

110 Pips in 24 hours 10 pips at a time — I want to take a step back to answer the question, why we enter a trade when the Price Line is above 76.4 and the Origin line goes below 76.4...or when the PL is below 23.6 and the OL is above 23.6. The ...

Spud's Predictive MTF Stochastics

You've caught the key word....practice. 20 pips a day on a $1 a pip account seems like a forever process but the bigger payoff is the investment in yourself and what you are learning while you do this. We spend 4 years in university to get a ...

Spud's Predictive MTF Stochastics

This is where you need MTF. However, it is far more likely for Origin to rebound to price, rather than Price to fall to the Origin. Of course, there are always exceptions. The most obvious is if the Origin stays in the oversold (below 23.6). This ...

Spud's Predictive MTF Stochastics

I'm aware of that, but the other time frames should be pointing you in one direction or the other. If you get conflict over multiple time frames then it is better to sit out, But as I have laid out, the best trade picks are going to occur when the ...

Spud's Predictive MTF Stochastics

If there is no reason to close on M5 then wait for M15, given M15 has some hope of supporting your trade.

Spud's Predictive MTF Stochastics

If you pick your trades and and watch the other time frames...and pick the convergence point or the convegence point entry...I do a whole lot better than 80%. The mechanical system....I don't think it will run 80% but I think if you use the ...

Spud's Predictive MTF Stochastics

The purple line...is the first entry and it ws early before the real price move....the second peak (I didn't mark) but you can see was the true entry. The early entry just means we ride it out a bit and we have to flex our stop a bit sometimes...but ...

Spud's Predictive MTF Stochastics

Ok, let me simplify this.... The chart below identifies the 5 last most obvious, and most reliable trade entries today. I am only looking at the Origin line crossing above 23.6 or below 76.4 and the Price Line with the Origin line. Whether we enter ...

Spud's Predictive MTF Stochastics

We will get false entries. The filter cuts those done but does not eliminate them.

Spud's Predictive MTF Stochastics

This is an early entry. If your mental stop loss is set at the peak (as shown) +10 pips you'd remain in this trade. You stay in until you are positive pips or you reach the mental stop and there is no hope on M5 and/or M15. Have we made pips? No. Is ...

Spud's Predictive MTF Stochastics

Think of the price line and 14,3,3 much like a %K and %D..or almost any oscillator or moving avaerage with 2 lines. Strong moves come when the lines split apart and then they eventually snap back together. The problem with a 100,3,3 line that is ...

Spud's Predictive MTF Stochastics

You can certainly trade all pairs with this....I find EUR/USD enough for me and prefer the low spread...but the same fundamentals hold true for all currencies. You will want to find currencies that tend to break out of the overmarkets more quickly ...

Spud's Predictive MTF Stochastics

Perhaps an indicator without the crossover? That would at least simplify it(?) Also, wondering if it would be better just to update the bars on the last candle close, rather than live. Would that not be easier to calculate a crossover (on candle ...

Spud's Predictive MTF Stochastics

Strictly speaking yes it is an R20. My point was..grab your pips before you get there.

Spud's Predictive MTF Stochastics

Great work! I'll give it a test.

Spud's Predictive MTF Stochastics

Trading Strategy, Stop Losses and Profits — Ok, let's take a look at the overall picture of where we are and what we are trading. Between triggers, ropes and escalators it can be confusing. The simple definition is we are trading the breakout ...

Spud's Predictive MTF Stochastics