Easiest if you just use my template a few posts back.

Spud's Predictive MTF Stochastics

And time to think about getting out of the scalp..see how our red lines are moving up to our blue lines...that always gets me nervous. Take my 2 pips and run.

Spud's Predictive MTF Stochastics

Get ready to scalp short if you are live.

Spud's Predictive MTF Stochastics

And now we go live for 1 chart.... This is obviously a yukky range market....but you can find a few trades in here....2 easy scalps...target 5 pips...be happy with 3 each...but you can make 5 here on each (our stochs will likely dip below the price ...

Spud's Predictive MTF Stochastics

Here's a little closer view of things. Just want to talk about our price line a bit. Remember the 100,3,3 purple line mimics our price. We want to enter to enter our longer trades at the extremes of price movement, this limits our exposure to losses ...

Spud's Predictive MTF Stochastics

The chart below show it all much clearer. Let's go from left to right on the chart. See how the stochastics all converge and cross our price line..see where our price line is, way down low. So, our rope is going to pull UP our price. Now see the ...

Spud's Predictive MTF Stochastics

Introduction to Stochastic Ropes V2.0 — Introduction to Stochastic Ropes V2.0 Please read the earlier attached PDF for the background on Stochastic Ropes. What is different is that we now use x,1,1 in our stochastic settings, except 14,3,3 ...

Spud's Predictive MTF Stochastics

2 PIPS at a time Play the M1 and M5 elastic to the M15. Use M1 when it has peaked above 90 or below 10 and then crossed above 20 or below 80 (you can cheat a little, just don't get caught in over market). Trade with M5 direction..and of course ...

Spud's Predictive MTF Stochastics

Rope and Threads Revised and Revisted — I have had a few requests to talk about using the Rope & Thread indicator. I have revised it somewhat since my first writing. however, I'm not sure if you would like it talked about in this thread (get ...

Spud's Predictive MTF Stochastics

Be a little cautious on these set ups for overbought conditions...it can leave you dangling in a short entry too early. Watch price movement.

Spud's Predictive MTF Stochastics

It is a safe option. However, it can also mean oversold in which case price can drop more....consult M15 and M30..they should be headed down and at least M15 below 80..better if they both are below 80 or at least if M30 looks like it will come down ...

Spud's Predictive MTF Stochastics

You can't simply trade the indicators. You have to determine if you are trend trader or a scalper in each trade...i.e. what is your goal. For example....if you trend trade without S/L, you'll find eventually almost evey indicating arrow is a winner ...

Spud's Predictive MTF Stochastics

Excellent! This looks very promising and can't wait to test this live as well. I should note for everyone, that this indicator shows both the up-cross and down cross... so you should filter by using Skyline's All stochs v1.2 or just normal stochs ...

Spud's Predictive MTF Stochastics

Great job! Can't wait to test it live.

Spud's Predictive MTF Stochastics

RSI and Williams % are very similar to Stochastics. ADX is a partner indicator in my mind and used best within a system of indicators. I love MACD, I started with MACD. For a newbie trader MACD is I think the best choice to learn how Forex works and ...

Spud's Predictive MTF Stochastics

Yes. It will move more. I suggest M1 - D only to show everything. You should use at least 4 with the longest as your pivot. Ceratinly something to play with.

Spud's Predictive MTF Stochastics

Canada

Spud's Predictive MTF Stochastics

I wouldn't simply enter a trade because M1 and M5 are low and M15 high. IF M1 and M5 stay in an oversold condition this would be deadly as M15 would continue to fall. You would need the M1 to have peaked at 0% and M5 already moving up towards M5 or ...

Spud's Predictive MTF Stochastics

30 mins later — 30 mins later.....decision time Our expected move for M1 is up to 100..that's where we are head. The question is will an M1 move to 100 change price up..or is this just going to be a small reversal in a long down trend? You ...

Spud's Predictive MTF Stochastics

25 minutes later — 25 minutes later.... 1. M5 is still below M1 which should keep us in our short trade. You could exit here to be safe...after all we made a mountain of PIPS here. But this is still a "stay the short" signal. I wouldn't enter ...

Spud's Predictive MTF Stochastics