When the price fails to sustain a downward move it naturally rebounds to return back to the upward trend it left. This rebound can be referred to elasticity of a stochastic as it is like pulling on the 15M stochastic band, stretching it down, and ...

Trading MTF STochastics Manual

Trading The Upward Trend and Catching The Downward Reversal — Understanding How The Market Moves With MTF Stochastics Trading the Upward Trend and Catching the Downward Reversal Stochastics are always moving in a cyclical pattern between being ...

Trading MTF STochastics Manual

Thank you for pointing that out. You will have success with either the 5,3,3 or 14,3,3. I personally prefer the 14,3,3.

MTF The Escalator to Pips Strategy

I have been asked to submit my analysis of the news in Forex Factory's news section. For those interested in The USDCAD dollar there is some important info coming up from the Ivey PMI release that should give a good indication of direction of the ...

MTF Stochastics

I have been talking to Merlin, and it seems we may be able to move this thread as a sub-forum over to Trading Systems so that I will be able to organize and moderate the thread better. I am not exactly sure when this will take place but just in case ...

MTF Stochastics

Wow!

MTF Stochastics

I been tinkering with several new stochastic indicators, one of them dealing with elasticity. My goal is to have a method of trying to determine the strength of a stochastic move that is more relative to pip movement than as a percentage. As we ...

MTF Stochastics

Topics and Off Topics — I would like to address the recent posts with regards to TEB's (now removed by TEB) postings and the comments regarding what TEB produced here. Obviously there are a few short comings of a thread like this in the way ...

MTF Stochastics

Actually the "14" wasn't a calculated number but rather equilibrium was a surprising result in studying the statistical data of using the 14,3,3 stochastic. If weird things happen frequently and consistently enough then they become a tool. I'm not ...

MTF Stochastics

There was nothing wrong with your entry. This is a "from" or "away" trade where you are trading "away" from the 4H stochastic. What you are looking for is the 15M to be leading a price move upwards and everything to follow. This is a classic ...

MTF Stochastics

Perhaps I should expand on my comment. I put it in context that I don't trade the daily time frame on the same basis (i.e. from 23.6 to 76.4) as I would say the 1H time frame (i.e. from 23.6 to 76.4). In other words, I wouldn't say trade the 30M, ...

MTF Stochastics

Stochastic Equilibrium — This will be in my PDF when completed, but since the question of longer time frame trading came up, here is some statistical help. Stochastic Equilibrium Stochastic Equilibrium occurs about 85-90% of the time on any ...

MTF Stochastics

Ya..you got too much time on your hands! The longer time frames are more difficult to trade because of draw downs. But if you have the stomach for large draw downs it works fine for longer time frames.

MTF Stochastics

I prefer using the 15 min time frame for MTF Stochastics indicator.

MTF Stochastics

GBPJPY — Long spike took out our stop and left me with a -16 pip net. In wait and see mode. Long is tempting but will wait for a better setup because this could just be a stop spike. Want to see where 4H stochastic is at close before ...

MTF Stochastics

GBPJPY — I put a stop in a 246.40. Want to be able to gain back any losses if the 15/30/1H climb up to 76.4 level and take advantage of what comes next. We can assume if market passes 246.40 we may be in for a reversal. Don't want to speculate ...

MTF Stochastics

GBPJPY — Good opportunity to go short GBPJPY. Watch for the 4H to stay below 23.6 and the 1H to drop to over sold....then we will be bringing the pips home. Otherwise get out if the 4H rises above 23.6 or there is any inclination of a turn ...

MTF Stochastics

Same chart of same ranging period below. There are 5 entry opportunities...the first being a 15M scalp targeting for about 5 pips. The others are "normal" entry signals but the first 3 would be quickly exited since the stochastics would reverse on ...

MTF Stochastics