If I understood eurusdd's explanation on the stoch mismatch, it's only to find price levels the market is likely to return to. Direction/strength would be gleaned from other indicators.

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I have an EA that detects the most recent stochastic mismatch between the 1-hour and the 30-minute timeframes for any symbol you attach it to. It draws a horizontal line on the chart at the price where the mismatch was detected. It should not matter ...

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I'd like to be prideful and say I understand, but I do not. One thing I'm wondering is, do the stochastic mismatches reveal market distortions that must be corrected by the prices where the distortions occurred being revisited? Or is it not 100% ...

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I've been devouring the thread within the constraints of time and how much it makes my head hurt (in a good way). One thing I don't see discussed much is the following: Transient zones can be large in terms of price ranges they encompass. Price ...

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You guys are helping me understand financial markets in ways I had not previously thought about. Thank you so much!!

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Yes! Thanks!

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Never mind, I get the repainting "feature" and already figured the indicator was too good to be true. I still think there is something to detecting signal mismatches across timeframes.

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OK, thanks, I see how to use the iCustom function. How can I tell from the double value it returns whether that value represents a MajorCycle buy or sell (analogous to the thick/double green/red lines on the indicator's graphical representation)?

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The cycle-identifer indicator from Page 1 of the Thread looks great. Seems to me that if you buy on the MajorCycleBuy signals and sell on the MajorCycleSell signals, further confirming that the most recent different-timeframe stochastic mismatch ...

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So anyway you guys, I'm pretty tired of working for "the man" and have said many times that I will some day find a way to trade profitably, consistently...or die trying. I have tried and tried and did not die, so now I'm back to trying again. If you ...

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I learned quite some time ago how to use one EA to monitor and trade multiple pairs and look at multiple timeframes for any of those pairs; not a problem. I could never sit and watch stochastic values on the screen visually. Far better to let the ...

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So I think rather than put together a whole trading system right away as I often did in the past, I'm going to use my EA to monitor a couple of pairs for a while and discuss what I see with ya'll. I'm sure I will receive some education by doing ...

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It has taken me years to learn how to understand what the real traders tell us, and I'm still not sure I get a lot of things. But coding is something I can do; trained/educated in it formally and have done it professionally for a long time.

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One approach one could take (I think) is to just watch for the first move away from the price where the signal mismatch was detected. However if that first move is WITH a strong trend and we take a trade against the trend expecting the price to move ...

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Barbaresco, what you say makes sense. vlday1984, you're thinking about things I'm not thinking about yet. Right now I'm happy to have been shown a way to catch market distortions when they occur. I knew for sure the market has distortions pretty ...

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If we only look at bar closes, I doubt if we'd catch the stochastic mismatches when they occur. Has to be tick-by-tick.

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OK maybe I won't.

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My EA already saw a stochastic mismatch between hourly and 30-minute EURUSD, at price level 1.27557. The price quickly dropped to 1.27431, and popped back up above the marked level of 1.27557. Most good trading opportunities would take longer to ...

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I will after I've made it do all I want it to do; and then I'll share so much more.

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This thread has my attention! Page 5 has an excellent post on using stochastic dissimilarities as places to mark prices to which the market is very likely to return. Post number 89 to be exact. url I returned to this forum site yesterday and today ...

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