It seems interesting. Thanks for sharing. I think what would be useful instead of an EA would be an indicator giving an alert when both RSI and Stoch meet the criteria, then the trader would watch the close (and possibly other criteria such S/R or ...

10 pips a trade

Well, yes. It's got up to 55 pips so far but I exited at the 50 level mainly because it was the level at which the opening gap would close and also because everybody has been shouting SELL over the weekend (extremely bad reason, the latter!) LOL As ...

MTF Stochastics Trading

I second that unconditionally! It is sad indeed... If it can help people getting a tiny bit of motive, since you resurrected the thread, mate, I will post my morning trades so far...

MTF Stochastics Trading

Well done! Today. I'm sitting at -14 pips over 4 trades because I contravened my own rules to recover losses first and then make pips: 3 bloody times, not just once! Also considering I couldn't be at the monitor the whole time, thus missing some ...

MTF Stochastics Trading

Anyone got in the Dax today? In the region of 100 gain... Unfortunately I have neglected it for a few days

MTF Stochastics Trading

Hello. I'm posting this one to highlight mistakes. It's a very late entry made also worse by the fact that the entry bar was much bigger than the previous ones (that's one thing I usually avoid). Actually I was in red for a while just after entry ...

MTF Stochastics Trading

Agree with you. I'm break even-ish. On top of that I'm not proud of myself at all today. I got some bad entries which I exited quite late as I was mistrusting the signals the stochs were giving, and for the same reason I missed some good ones. I ...

MTF Stochastics Trading

How many pages of the thread have you read? Did you finish at least page 1? Do yourself a big favour (and I mean it from the bottom of my heart): follow mistakesr's advice and read it all, but not just once. Keep your eyes peeled and your mind ...

MTF Stochastics Trading

1st trade of the day. Reason for exit: behaviour around the 75 level, which in this case was also matching previous res. I urge you guys to go and read the post bobby made about levels. Very enlightening (for some reason I overlooked it on my first ...

MTF Stochastics Trading

...and finally I managed to get a good one. The reason why I closed has to do with my tally for the day. I missed some good pips in the morning and when it was hanging around that secondary sup shown I banked my pips. It might even go down forever ...

MTF Stochastics Trading

That support might shift and become res but I played this a bit cautiously and took the pips. I would have liked it to be faster and go for the RN.

MTF Stochastics Trading

Ok, I see your point now. That's only a calculator and doesn't place any trades or stop levels. There are plenty of scripts and EAs for that on the net. I'm using a paid EA but I could suggest this free one url which I used in the past. Once you ...

MTF Stochastics Trading

Just to give another example of bad trading. I went long on GJ again as the MTF was still up and I thought it might give another go at the RTN/res. It did happen but I was busy replying to geosevilla. So I closed only with a couple of pips and ...

MTF Stochastics Trading

You need to set up the entry and stop levels and the risk in the options and then you see in the top left corner of the chart the amount you're supposed to trade.

MTF Stochastics Trading

Been away most of the morning and missed the good moves again. Had this little long on GJ which was actually mimicking GU but at a slower pace unfortunately. Got out at RN as it is also a previous res and momentum was lost a bit, although I gave it ...

MTF Stochastics Trading

That's what I was speaking about. Probably that helps more than impeccable trades.

MTF Stochastics Trading

Try the Dax and you'll see what vertigo means!

MTF Stochastics Trading

Although I agree with Loqito about having such a sensible MM, you will need to calculate it yourself. Everybody's risk appetite is different and also, I'm sure you know fine, the more you risk the more scared you might get and that will cloud your ...

MTF Stochastics Trading

Brilliant, mate! Youre gonna rock when you go live! Opposite to what I said, I will post a few more trades (hoping that people will feel a bit compelled to do the same), to show that even with a crappy management this strategy still delivers ...

MTF Stochastics Trading

Yes, reentry of course. MTF was steady down, although to be honest I anticipated it a bit when the CTF was a slightly up but quite a few GBP pairs were down at the time.

MTF Stochastics Trading