Lots of approaches discussed on the thread. We all work out what makes sense to us, yes? For now, the little wormhole thing to me is just a way to find entry points. I will also want the initial market movement away from a most recent wormhole to be ...

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Thank you LITEchild and vlady1974. I have no agenda other than to learn more about trading. I do not possess the fast analytical abilities of real traders so I want to develop simple easy-to-follow tools for myself and will always be happy to share ...

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A couple of thoughts, not very profound: When you start your trading platform with RevealWormhole running, the amount of time it takes to see a wormhole marked gives you an indication of how active the market is. If a wormhole shows up quickly, it ...

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Did some quick demo trading this morning, my first in a long time. I started up MT4 with the RevealWormhole EA running on EURUSD. I knew I probably wouldn't have to wait very long to see a price mark drawn on the screen. Sure enough, it took about 5 ...

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I thought I should add an option to zero the stochastic disagreement price mark when the EA is restarted, so I did that. If you would like to preserve price marks between EA restarts, set ZeroMarkOnStart to false. file

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Thank you kindly for all of your sharing!

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I wasn't going for completeness; most certainly I left more than one thing out! Just as certainly, you are right that probability is a large item I did not mention.

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Please indulge me while I blab to myself for a bit. I won't go into math at all here. I'll keep it intuitive, for the benefit of myself and others. When we mark a stochastic mismatch at the price level where it occurred, we obviously know thereafter ...

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The way I was interpreting the action relative to the wormhole markers on EURUSD this morning definitely pointed toward short; saw numerous instances of markers being drawn, the action drifting up a bit, then dropping back down below the markers. ...

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I updated the RevealWormhole EA in this post: url It now shows how many points the current action is away from the price level where the most recent stochastic disagreement occurred, and whether the action is above or below that marked level. I'd ...

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Haven't looked at that kind of math since grad school, but with some stretching I could become re-acquainted.

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This and your subsequent post are rich with information, Neio! Thank you!

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OK kind people, I haven't been observing this very long but it appears that the stochastic mismatches could be used for short-term trades. I haven't yet digested the most recent well-informed and thoughtful posts on using stochs, but I'll do my best ...

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No smiley but it's working, hmm, don't know. Quite a few versions of MT4 have passed me by since last time I was very active with MT4, so I'm not fresh on that stuff. Happy that my old code seems to work, though.

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About half an hour ago I noticed quite a flurry of stochastic mismatches. Those who have experience watching the stochastics -- does a long series of mismatches every tick have particular significance? Thanks, Bob

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Bug fix uploaded to post 10,700.

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Another note on this, I have an action to myself to revisit the math of the stochastic and, I hope, gain a deep understanding of what it means when there are mismatches across timeframes. Any, I just noticed that a new stochastic mismatch value is ...

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Thank you for the kind words, you are most welcome.

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On my chart at the moment, the current price is close to the price where the stochastic mismatch was detected. The reason nothing shows for you yet is probably that only equal stochastic values across the timeframes have been detected so far. As you ...

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I never delved into indicator development (shame on me), though I'm sure I will at some point soon. I'm hoping someone else could do it for now. I'd like to see the bar where the mismatch was caught; I don't know how to show that yet.

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