The May chart says nothing about ScottD... are you saying he's still working with your "cash cow" and he had something to do with that?
Because his last post on ET was in March and he said it wasn't consistently profitable.
Maybe you should start a quant forum to ask basic questions about indicators because you don't seem to understand them. I hate to break it to you Jack but stochastics isn't a leading indicator.
I see the Stoch 5, 2,3 fast line (blue for me) go up through 50%. It is a leading indicator of price and it tells me one thing only. Sentiment has shifted from Distribution to Accumulation.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1302778&#post1302778
Because his last post on ET was in March and he said it wasn't consistently profitable.
Maybe you should start a quant forum to ask basic questions about indicators because you don't seem to understand them. I hate to break it to you Jack but stochastics isn't a leading indicator.
I see the Stoch 5, 2,3 fast line (blue for me) go up through 50%. It is a leading indicator of price and it tells me one thing only. Sentiment has shifted from Distribution to Accumulation.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1302778&#post1302778
Quote from jack hershey:
You are correct I sidestepped it..
The 06MAY09 chart says nothing new. Those trades just do what roughtrader's ATS does as well.
I'm sure there is indicator curvature ... we will start a quant forum and do indicator curvature.