I only draw from low to high to make the level labels make sense...i.e. they will always be 0 at bottom and 100 at top. Not too important now, but there is reason to my madness.

Spud's MTF FIB Breakout System

I'd lok at the 30/15 and see where the are pointed. If they are with the 4H at 80 then I'd expect a turn down and the 1H reversing. If the 15/30 are at 20 or low and headed up then I'd expect things to run up for a while. The "odd" time frame out of ...

MTF Stochastics

I'm still studying everything that is in here, but trying to keep this thread focused on the simple ways to win and not get everyone confused.

MTF Stochastics

True...but don't lose it trying to get more than there is.

MTF Stochastics

Stochastic Trading Basics — These are the two basic methods I suggest trading if you wish to win trades on a regular basis and gain consistent pips. Set a reasonable target every day (I suggest 20 pips or less) and win every day. Forget pip ...

MTF Stochastics

Honestly, I have no idea why people want to chase 50-100 pips. Sure it feels good and makes it all seem worthwhile. If there is a trade for 50-100 pips then run with it...but hunt for it all the time is a trap. Don't chase more pips, increase the ...

MTF Stochastics

4 Hr is your main signal when it breaks 20. You definitely don't want the 4H above 80 or below 20 entering a trade. You then want at least one other or two is better time frames to be somewhere in the 20-38.2 zone headed up. If you are using the 1H, ...

MTF Stochastics

I only use MetaTrader so I can't help you with another platform. However, I am sure there are others that use other platforms that can help? What platform are you using? I'll put up some bad scenerios when I get a chance.

MTF Stochastics

The simplest and safest method to use is the 80/20 rule with at least 2 time frames. Use the 4H as your lead indicator and follow the 4H with any or all of the 15/30/1H (or use the escalator)...longer the time frame the more risk of larger draw ...

MTF Stochastics

The safest way is to wait for the close. I read stoch support and enter from all time frames. Whichever you are most comfortable with. Waiting for the close is more "mechanical".

MTF Stochastics

You would think I would but I don't. The significant move in price is going to happen in a long when the 2 tf's cross the 61.8 and head to 80. Or it will filter the trade and let you know there is no move in price coming. For example, you could use ...

MTF Stochastics

More statistical data: I have been running some statistical analysis on the 61.8 and 38.2 levels on the 5,3,3 stochastic just out of interest sake as to if these Fib numbers have any real impact on the stochastics. During that study I found: (I'll ...

MTF Stochastics

During the course of running the data analysis on TEB's idea I began to notice a pattern that may be interesting to study. I hope a few people will grab their computer screens and pencils and put this idea through it's paces because it looks ...

MTF Stochastics

These kind of comments that make it all worthwhile As long as I can help, glad to do it.

MTF Stochastics

POSTED IN TEB's TRADING SYSTEM JOURNAL.....though I'd put it here too. Hi TEB's I've been studying your simple system with the 4H and trend lines combined with trading the 15/30/1H within those trends. Here's some data on GBPJPY you may find useful. ...

MTF Stochastics

Hi TEB's I've been studying your simple system with the 4H and trend lines combined with trading the 15/30/1H within those trends. Here's some data on GBPJPY you may find useful. On a short, I defined the start of the trend line where the 4H crossed ...

TEB sytstem

I'm not going to answer that because I think it may confuse matters. It is just something I noticed but for now wouldn't use it in trading. I will address it with better data analysis, if it proves relevant.

MTF Stochastics

The 4H is your signal indicator...it is the "make a trade" sign. Now you can trade any of the 15/30/1H/4H time frames or combination thereof depending on your risk level. Best entry in a smaller time frame will be when that small time frame (on a ...

MTF Stochastics

I just refer to the default stochastic indicator included in MT4. More troubling was the discovery in our chat group of the time differences between feeds. For example I am using MoneyTec and the 4H candles were closing 1H ahead of those on ...

MTF Stochastics