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feb: keep in mind the relationship between the base of calculation (ie the close) in the RSI, STO and W%R indicators and the timeframe you are trading and what market. When you are dealing with an exchange and you are looking at closing prices on a daily chart, it's useful to consider the...

One more thing. The market rarely looks the best for someone to take action. It's up to you to wait for those times, if you care about your account's sanity. All in all, my personal opinion is that stochastics work best with support/resistance (key S/R levels, where fibs meet with...

AAA: Thanks for the historical bit. :) feb: I got your point. The thing is that everyone has his own strategy and use of indicators. In the end, every indicator measures the past and whether we use TDRoc, LBR310, MACDHistogram, STO, RSI, W%R or anything else, we actually see the same thing...

If you want to trade your indicator, make sure that if the market is a 24 hour market, your calculation base has to be the H+L+C/3 of the bar, and only the close. That same thing applies to whatever market you trade on a short term basis (ie lower than daily charts). Many people use...

The only 2 problems with stochastics (and those made me replace it with a MACDHistogram as an oscillator) are: 1) It's subjective in what concerns the time window, as it measures the close vs the range of that time window, and with all the smoothing applied to it, it still issues false...

Hey man. I am using stochastics as part of a multiple timeframe system. It's actually simple and it's my take on the infamous triple screen. When the 1hr chart shows a downtrend (ie the EMA26 is declining) and price is fairly valuated (at or in between the 13ema and the 26ema), then i...

Some time ago, when i was in the same situation as the original poster, somebody posted this on ET. I think it is the best thing someone has ever written on ET with regards to this matter. I don't know who posted this and i appologize for that but the message was this. I am in deep gratitude...

Man, am I happy i started to trade immediately after the 2000 crash.... First thing i learned was risk control..... Thank god for that! 7 years after that first big lesson and it's starting to come out nice!

and i forgot to say that you are a fucking moron and therefore you are welcomed to join the markets and bleed some capital over here... :)) hahhehehaheah

Golfie boy .... You say you despise traders and bla bla bling bling bling.... How come you despise traders as traders ARE the market itself?!?!? How do you expect to do research on something that you despise ?!?!? Are you crazy or were you abused when you were a child? And why do...

I will repeat what i just said on another thread. Even if you have a mentor that will reveal you a "Holy Grail" strategy, you would still not make money with it because it needs to be "yours". It needs to be adapted to your style. YOU need to understand all it's concepts and technical, money...

I trade mostly currencies but my impression is, watching price action for the last 2 or 3 weeks, that the market is rather spastic, with wild volumes one day, low volumes the other, making it hard for consistent day-trading... Is January the same as August in the sense that people might be...

PEOPLE! Automated trading doesn't work unless it has some sort of artificial intelligente that would handle moneymanagement in it's most complex form... And when you have that, congratulations, you have just created an android :)) Taking a more serious approach, there is a way of backtesting...

no... it's not that ... et submit is breaking up the code lines... PM me for the code...

nevermind... i figured it out myself .... with a little C++ knowledge... In case anyone is using aspen and needs the Impulse system color rule formula here it is: ------------- if(eavg($1,13)>eavg($1,13)[1] and MACDOsc($1)>MACDOsc($1)[1],clr_green, if(eavg($1,13)<eavg($1,13)[1] and...

Anybody know how to color bars in Aspen Graphics depending on certain indicators... Like let's say when MACD is over the 0 line and STOCHASTICS is over 50, the bars are green and if not grey or red... HEEELP !?

It the hourly divergence on MACDhistogram ever going to work and reverse the pair... Looking for a good short price on 10 min ... 1.9730 could be one... Cheers

Even if closing the position at a predetermined target comes against the old adage: "Cut your losses short and let the profits run" I think that, since you don't know which one will be a profit and which one a loss, you should seek a compromise and respect the rules it imposes. my 2...

Right on target Blowfish! I think everyone has had or has this problem. I personally sought refuge in actively controlling my risk and reward. How it did it was by setting strict rules for entry and exit like for instance (this is an example): After entering, if price moves my way and...

I am trading intraday and usually consider buying when STO is oversold and selling when it's overbought. Of course i have a higher timeframe analisys to set bias and act only in that direction BUT: I found this little calculation thing about the STOCHASTICS... This is a real example...