In case you are curious, I am studying MTF Cornflower to guage stochastic move strength. Curiously it is working better at identifying the strength of the MA moves in Cornflower. Still lots of work to do but if I come up with anything I'll post it. ...

MTF Stochastics

I'm playing with MTF Cornflower (it is in the Trading Systems) for trend gazing.

MTF Stochastics

Download MT4 , it is free.

MTF Stochastics

I'd recommend from the beginning.

MTF Stochastics

Ok. I'll see if this will help clear up closes. The chart below is a 15M chart. The red shaded areas show the last point for each time frame where the candle and stochastic is closed at the point of the last 4H closure. Notice that the 4H closure is ...

MTF Stochastics

I don't think I can explain it better than post 820. The best thing I can suggest is to just watch the stochastic lines about 30-60 mins before the 4H candle closes and see what they are doing. You will see how much movement there is and how far ...

MTF Stochastics

The MTF Stochacastic indicator works fine but when using it for multiple indicators on one chart the following is recommended: 1. Use the 15M chart with 15,30,60 240 stochastics 2. Know where the last closes of each time frame are and only use that ...

MTF Stochastics

PDF is still WIP but my goal is to get it wrapped before end of June. I'm not sure what is going on in the trading room.....I haven't been for a while. I don't mind showing up to answer questions...but I don't want it to turn in to a "follow the ...

Spud's MTF FIB Breakout System

I use GMT.

Spud's MTF FIB Breakout System

Whatever the markets give me I'll scalp if I get bored waiting for something.

Spud's MTF FIB Breakout System

The problem with doing this is in the math. The %K formula for stochastic (close) is: %K = 100[(Close - Lkclose)/(Hk - Lk)] where: C = the most recent close Lk = the lowest low for the last k trading periods (%k setting) Hk = highest high for the ...

MTF Stochastics

Trading Info — Just so I haven't lost anyone here...the "away" trades and "to" trades work on the exact same principle of "momentum" trades and "escalator to pip" trades as explained in the very beginning. One thing I should point out for ...

MTF Stochastics

Exactomoondo! However, remember that the 4H is going to lag any trend change...and eventually the trend will change...so this is what that looks like in a climb away scenerio where the 4H is climbing...we just can't see it as quickly as we would ...

MTF Stochastics

This isn't a true climb away trade....remember we want the 4H stochastic to be in the overbought/oversold zone...preferably. In this example you must be careful of the 4H stochastic falling. Have to be watchful of the fact that the 4H might drop ...

MTF Stochastics

Basically the same rules apply but conscious of the fact that if the 4H stochastic is rising from say 20 to 80, than we are probably trading within a long trend and vice versa if the 4H stochastic falls. Keep in mind that even in say a long trend, ...

MTF Stochastics

I think the chart below answers your question. I simply moved the stochastics up to the price chart for clarity but you can see in the unshaded area that the 15/30/1H (especially 15/30) are clearly leading the price move.

MTF Stochastics

Thx! That makes my life easier!

MTF Stochastics

Can you upload that indicator here. I have one from Iya but perhaps it is the wrong one or earlier version?

MTF Stochastics

You can scalp using just the 15M stochastic as per trade methods. You can also use 5 Min if it is in the same direction as the 15/30/1H...but just go for 5 pips.

MTF Stochastics

You'll notice from the 4 basic trade types that most of the exits lead into the opposite trade type...so it can be very cyclical if the 4H stochastic remains high or low. That leads into what to do when the 4H stochastic moves and crosses the 76.4 ...

MTF Stochastics