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Something very simplistic
- Thread starter Quah
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Originally posted by Quah
Did you happen to lookat that 24,1,24 stoch at the same time as you are comparing the bars? If so, how do they compare?
I have be comparing the two, but I am working on if they give conflicting signals who wins. Sometimes the 2 minute signals long, but the 1 minute signals short. One thing that might help break the tie is to somehow compare the spread between the two.
Maybe it is just me, since it looks like you can pick the right side to be on most of the time.
Jim
Originally posted by jaholmes
I have be comparing the two, but I am working on if they give conflicting signals who wins. Sometimes the 2 minute signals long, but the 1 minute signals short. One thing that might help break the tie is to somehow compare the spread between the two.
Maybe it is just me, since it looks like you can pick the right side to be on most of the time.
Jim
I'm not using that 24,1,24 on the one minute myself - I just remembered ctrader saying before that he was using that because he didn't get 2 minute charts in his feed. I'm only looking at the 2 minute 17,1,17.
Originally posted by Quah
I'm not using that 24,1,24 on the one minute myself - I just remembered ctrader saying before that he was using that because he didn't get 2 minute charts in his feed. I'm only looking at the 2 minute 17,1,17.
So you are not using a 1 minute chart at 24,1,24 to make a decision? You are using the 2 minute chart at 17,1,17 to make your decision.
Maybe I misunderstood how you use the 1 minute chart. The 1 minute gives you a time reference to look at the 2 minute chart to make your decision.
Well, I have the charts side-by-side, and if they both signals are the same I go with it, but sometimes they are conflicting, so you I have to decide which chart to go with.
Thanks,
Jim
Originally posted by jaholmes
So you are not using a 1 minute chart at 24,1,24 to make a decision? You are using the 2 minute chart at 17,1,17 to make your decision.
Maybe I misunderstood how you use the 1 minute chart. The 1 minute gives you a time reference to look at the 2 minute chart to make your decision.
Well, I have the charts side-by-side, and if they both signals are the same I go with it, but sometimes they are conflicting, so you I have to decide which chart to go with.
Thanks,
Jim
I'm only using the one minute chart to get the open of the one minute bar for the timed entry. I'm using the 17,1,17 stochastics to decide the entry - at the time the one minute bar opens.
Is anyone using the timer I wrote for the "Red Alert" 30 seconds before the fib time?
http://members.shaw.ca/TradeExecutor/releases/Timer.exe
http://members.shaw.ca/TradeExecutor/releases/Timer.exe
Originally posted by Quah
I'm not using that 24,1,24 on the one minute myself - I just remembered ctrader saying before that he was using that because he didn't get 2 minute charts in his feed. I'm only looking at the 2 minute 17,1,17.
I understand the basics of stochastics, but I don't use them, so I am not aware of all the intricacies. However, isn't a 1-min 34-2-34 going to give you exactly the same signals as a 2-min 17-1-17?
Originally posted by Hendrix
I understand the basics of stochastics, but I don't use them, so I am not aware of all the intricacies. However, isn't a 1-min 34-2-34 going to give you exactly the same signals as a 2-min 17-1-17?
The values are not exactly the same - close though. I don't know if it would give the same results for the system - I'll take a look at it today.
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