Yes it seems the longer time frames give a clearer picture. I'm wondering if the smaller time frames may show us somethig during live trades as opposed to seeing them static? Not sure if you have tested this on live charts with short TF's? The ...

MTF Stochastics

One question that may arise is "What about the other Stochastic methods"? I'm so giddy about this 5,3,3/14,3,3 indication and how it shows so much so clearly ...I'm a lot biased to using it for now. The down side is I haven't used it much in live ...

MTF Stochastics

All are possible. The Day is very clear to signals, so I'd use it as my main reference point for trading long or short on any lower time frame (you'll probably like that part!) Trading the day is for the more experienced I think because it is hard ...

MTF Stochastics

Study 2 - Continued — Trading the 5,3,3/14,3,3 on multiple time frames is a little different than previous discussions about stochs. The problem is, if we look at a single long entry and exit area (low to high), you may have several dozen 5M ...

MTF Stochastics

Study 2 — I have been occupying most of my weekend studying the 5,3,3/14,3,3 phenomenon with stochastics and price moves. As I stated here before this combination of stochastics gives you a great elasticity indicator and a measure of the ...

MTF Stochastics

Hmmm....the fundamental basics are to use multiple time frame charts with stochs in them....this simply gives more precision but is harder to use and more difficult to visually see as opposed to one single chart. Having said that, as before you want ...

MTF Stochastics

Sorry I was referring to TEB's post and playing with the 5,3,3/14,3,3 stochs on the 1H/5M as well as Bag's 15,5,5 setting. The elasticity part and tool holds true.

MTF Stochastics

Study 1 — While playing with the 5,3,3; 14,3,3; and 15,5,5 stochastics on the 1H chart I have noticed 3 traits that signal price moves. 1. Elasticity - this occurs prior to a price move where the 5,3,3 stretches away from the other 2 stochs ...

MTF Stochastics

Thorough back testing through the night of my previous post was getting to many drawdowns. I have since removed that post...but working on refining the tool as it looks very promising but needs some wrenching to give the win ratio I like So if ...

MTF Stochastics

I'm Fred...you are Ginger!

MTF Stochastics

Hehe...I'll ty and go the same way TEBS! Looks interesting...thanks for the weekend homework! Will study.

MTF Stochastics

I suggest only using the 5,15,30,1H to use for entry/exit. Use the 4H or even day to know direction of market if you want to trade with past trend. The problem with higher timeframe trading is you expose yourself to much larger draw downs as the ...

MTF Stochastics

Ahh I meant overlayed on the price chart with price under it.

MTF Stochastics

80/20 Rule Revisted — Ok, there seems to be lots of confusion on the 80/20 rule here and in the live trading session so I will try to clarify. See diagram below for reference. The reason I suggest people not to enter a trade above the 80 line ...

MTF Stochastics

Don't use 50 as a confirmation. Has to cross 20 or 80 (20 up; 80 down).

MTF Stochastics

Elasticity Continued — Ok, so hopefully you can see how powerful elasticity is as a tool! Now let's get complicated. The 5,3,3 is going to move faster than the 14,3,3 so the 5,3,3 always leads. As an example what do you interpret when the ...

MTF Stochastics

Elasticity Continued — So why call it an elasticity indicator? When you see a stochastic line move from 0 to 100...think of the top of the line attched to the 0 line by an elastic...as it goes up it will eventually snap back. The stochastic ...

MTF Stochastics

Measuring Stochastic Elasticity — Measuring Stochastic Elasticity Almost sounds like a physics class!?! Anyways, for about 2 years I have been trying to develop a way to measure the elasticity of a stochastic move. Elasticity being how much ...

MTF Stochastics

[quote=TEB63;1432075] Actually, your diagram shows exactly what I am saying....what I am saying obviously didn't translate well when I wrote it. Thanks for clearing that up and the pic.

MTF Stochastics

I use 5,3,3

MTF Stochastics