Disliked... (I am guessing this thread will now explore variations, thus diverging from the core rules.) ...Ignored
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MTF Stochastics 1,482 replies
MTF Stochastics into MTF Stoch Histogram 8 replies
Trading MTF STochastics Manual 13 replies
The Art of Trading with MTF Stochastics 1,016 replies
MTF Stochastics Trade Journal 12 replies
Disliked{quote} ha-ha! good for you. I have modified the MTF to give me an email alert as well.(but only for the 50 cross) If I were coding it, I would have to infer a slope by comparing the mtf[1] value (last closed bar) to the mtf[x] closed bar. ([x] being a set of bars before the current bar). if the mtf[1] > mtf[x] then infer an upward slope. and the reverse for downward slope. but the decision as to how many bars you look back is an intuitive judgement.
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Disliked... Are those of you that still trade this waiting for the MTF to close below/above the 50 before entering? Man, I always feel that gets in moves late...you just hope it keeps going. {image}Ignored
Disliked{quote} maybe I used the wrong word "slope" - I just meant that the MTF4h should be in the same direction (up for long...) than the MTF1h I use the MTF dashboard (see attachement) - there the direction of the MTF is coded by red/green looking foreward to your code{image} {file}
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DislikedI would like to show a trade that i just took based on what I said in my last post on momentum, even before the bar closed. Both the the CTF and the MTF were pointing down with a strong angle. Now it's only about managing. I might be wrong but the stop loss for now moves down... EDIT: seen 15 pips, stop at b/e EDIT: Closed at 14 pips. The 1 min bars have been hanging at the previous support level which seems to hold strong for now. I was hoping for the 50 level but it's U.S. election time and I don't have any intention to wander about. What I wanted...Ignored
Disliked{quote} Just noticed the "code" comment. I attach MTF Stochastics Alert V3. Notes: 1: field Pricefield is now updateable. It allows you to choose whether the Stochastics use High/Low (0) or Close/Close (1). (I prefer Close/Close, as the slopes are steeper, and lines go higher and lower into OB/OS area. It seems clearer for me.) 2: new field SendEmailAlert added. This is for the 50Cross only. 3: all code changes are marked OWD01 (ObiWanDax, change 01), so anyone see my specific changes. 4: I am assuming you know how to enable emailing! 4a: Options...Ignored
Disliked{quote} Dear ibiwandax but there is no option to filter 50cross of timeframe"x" by Trend/Slope of timeframe "y" ? best hundsbuaIgnored
Dislikedjust for clarification how I trade the MTF Stoch system in 15min Chart Rules for LONG: SStoch (Setting 11,3,3) Trend UP / Value of KPeriod over 50 AND MTF 1h (Setting 11.3.3) Trend UP / Value of Kperiod over 50 AND MTF4h (Setting 11,3,3) Trend UP / Value of Kperiod over 20 Rules for SHORT SStoch (Setting 11,3,3) Trend DOWN / Value of KPeriod below 50 AND MTF 1h (Setting 11.3.3) Trend DOWN / Value of Kperiod below 50 AND MTF4h (Setting 11,3,3) Trend DOWN / Value of Kperiod below 20 Example for Long Entry {image} Example for short Entry {image} Best...Ignored
Dislikedjust for clarification how I trade the MTF Stoch system in 15min Chart Rules for LONG: SStoch (Setting 11,3,3) Trend UP / Value of KPeriod over 50 AND MTF 1h (Setting 11.3.3) Trend UP / Value of Kperiod over 50 AND MTF4h (Setting 11,3,3) Trend UP / Value of Kperiod over 20 Rules for SHORT SStoch (Setting 11,3,3) Trend DOWN / Value of KPeriod below 50 AND MTF 1h (Setting 11.3.3) Trend DOWN / Value of Kperiod below 50 AND MTF4h (Setting 11,3,3) Trend DOWN / Value of Kperiod below 20 Example for Long Entry {image} Example for short Entry {image} Best...Ignored
Dislikedjust for clarification how I trade the MTF Stoch system in 15min Chart Rules for LONG: SStoch (Setting 11,3,3) Trend UP / Value of KPeriod over 50 AND MTF 1h (Setting 11.3.3) Trend UP / Value of Kperiod over 50 AND MTF4h (Setting 11,3,3) Trend UP / Value of Kperiod over 20 Rules for SHORT SStoch (Setting 11,3,3) Trend DOWN / Value of KPeriod below 50 AND MTF 1h (Setting 11.3.3) Trend DOWN / Value of Kperiod below 50 AND MTF4h (Setting 11,3,3) Trend DOWN / Value of Kperiod below 20 Example for Long Entry {image} Example for short Entry {image} Best...Ignored