Stochastic - page 9

 
Try these parameters with MA crossover


Try these parameters with MA crossover 

 

Three stochastic - expert for MetaTrader 5

Triple Stochastic Ea. fully customizable.

Stops are placed above highs and lows your option to place stop at high or lowest price of the last x number of candles.

The two larger stochastics must be in same direction then waits for a cross in the same direction on the smaller stochastic.

Forum on trading, automated trading systems and testing trading strategies

Stochastic

Sergey Golubev, 2013.06.01 18:29

I decided to make some indicators' review based on trading experience and using them inside manual trading systems. So, please find the first thread about Stochastic Oscillator.

Feel free to add or write any comments concerning this indicator about how to use it inside trading systes, how to trade using this indicator and so on.

===============

Sto.chas.tic (sto kas'tik) adj. 2. Math. designating a process having an infinite progression of jointly distributed random variables.

--- Webster's New World Dictionary

===============

Stochastic is default/standard indicator in Metatrader 5 and it is located right here (look at the image):



===============

From Achelis "Technical Analysis from A to Z" :

Interpretation

The Stochastic Oscillator is displayed as two lines. The main line is called "%K." The second line, called "%D," is a moving average of %K. The %K line is usually displayed as a solid line and the %D line is usually displayed as a dotted line.

There are several ways to interpret a Stochastic Oscillator. Three popular methods include:

  1. Buy when the Oscillator (either %K or %D) falls below a specific level (e.g., 20) and then rises above that level. Sell when the Oscillator rises above a specific level (e.g., 80) and then falls below that level.

  2. Buy when the %K line rises above the %D line and sell when the %K line falls below the %D line.

    Look for divergences. For example, where prices are making a series of new highs and the Stochastic Oscillator is failing to surpass its previous highs.


===============


More detailed explanation about this indicator we can see from this small article (from MT5 documentation/help file): Stochastic Oscillator

And full description about this indicator concerning trading signals - read this very small article: Signals of the Oscillator Stochastic

Forum on trading, automated trading systems and testing trading strategies

Stochastic

Sergey Golubev, 2013.06.03 10:38

This is the real example about valid signal based on Stochastic, and some movement which is related to news event for now. We will come back to this image later but I think - it is good example about the following "news events are not our friends" :)




Three stochastic
Three stochastic
  • www.mql5.com
Triple Stochastic Ea. fully customizable. Draws Arrows ONLY Stops are placed above highs and lows your option to place stop at high or lowest price of the last x number of candles. The two larger stochastics must be in same direction then waits for a cross in the same direction on the smaller stochastic. option to place target at any % of SL - 100 would be a 1:1 rr. 200 1:2 ect. here is a trading ea https://www.mql5.com/en/market/product/66540?source=Site+Market+MT5+Search+Rating004%3athree+stochastic
 
here is a ea shows when cross on lesser stoc
Files:
3_stoc.mq5  275 kb
 
Max Eric Carlson:
here is a ea shows when cross on lesser stoc
Awesome, thanks brother
 

Two MA one Stochastic - indicator for MetaTrader 5

Two MA one Stochastic - indicator for MetaTrader 5

Two MA one Stochastic - indicator for MetaTrader 5

The indicator analyzes the values of two iMA (Moving Average, MA) and iStochastic ( Stochastic Oscillator, STO) relative to the price and gives advice on entering a position.

 

I am checking this old system now (3 Stochastic trading system), and seems - it works.

Just want to remind -

Forum on trading, automated trading systems and testing trading strategies

Stochastic

Sergey Golubev, 2013.06.01 18:29

I decided to make some indicators' review based on trading experience and using them inside manual trading systems. So, please find the first thread about Stochastic Oscillator.

Feel free to add or write any comments concerning this indicator about how to use it inside trading systes, how to trade using this indicator and so on.

===============

Sto.chas.tic (sto kas'tik) adj. 2. Math. designating a process having an infinite progression of jointly distributed random variables.

--- Webster's New World Dictionary

===============

Stochastic is default/standard indicator in Metatrader 5 and it is located right here (look at the image):



===============

From Achelis "Technical Analysis from A to Z" :

Interpretation

The Stochastic Oscillator is displayed as two lines. The main line is called "%K." The second line, called "%D," is a moving average of %K. The %K line is usually displayed as a solid line and the %D line is usually displayed as a dotted line.

There are several ways to interpret a Stochastic Oscillator. Three popular methods include:

  1. Buy when the Oscillator (either %K or %D) falls below a specific level (e.g., 20) and then rises above that level. Sell when the Oscillator rises above a specific level (e.g., 80) and then falls below that level.

  2. Buy when the %K line rises above the %D line and sell when the %K line falls below the %D line.

    Look for divergences. For example, where prices are making a series of new highs and the Stochastic Oscillator is failing to surpass its previous highs.


===============


More detailed explanation about this indicator we can see from this small article (from MT5 documentation/help file): Stochastic Oscillator

And full description about this indicator concerning trading signals - read this very small article: Signals of the Oscillator Stochastic

The settings of Stochastic indicators in this system:

Forum on trading, automated trading systems and testing trading strategies

Stochastic

Sergey Golubev, 2013.06.03 19:07

For now - we can describe the trading rules for those 3 Stochastic indicators:

  • 34/5/5 (fast stoch)
  • 55/8/8 (medium stoch)
  • 100/8/8 (slow stoch)






The rules of this system:

started from page #2, for example:

Forum on trading, automated trading systems and testing trading strategies

Stochastic

Sergey Golubev, 2013.06.03 19:17

So, rules for buy:

  • slow stoch (main line) on bar #1 is below 20
  • fast stoch on bar #1 is below 50
  • medium stoch on bar #2 is below 20
  • medium stoch on bar #1 is above 20
  • medium stoch main line on bar #1 is above medium stoch signal line on same bar #1
  • medium stoch main line on bar 2 < medium stoch main line bar #1


And opposite for sell.

============

For the next few posts - we will descuss about how to trade this setup (or how to use it), and what those rules mean.


Stochastic
Stochastic
  • 2013.06.03
  • www.mql5.com
I decided to make some indicators' review based on trading experience and using them inside manual trading systems...
 

Thus, we can get the following charts (MT5, template files are attached):

3 Stochastic trading system

3 Stochastic trading system

Files:
 

As the new Stochastic indicator was created today for the forum (CodeCase) so we are trying to check about how to use it instead of standard Stochastic indicator.

----------------

New Stochastic -

Stochastic Levels Filling - indicator for MetaTrader 5

In the indicator, the levels are included in the input parameters - this is very convenient for visual testing of Expert Advisors. Plus, the entire area above the top level and below the bottom is colored. The area takes into account both the main and the Stochastic signal lines.

----------------

Thus, please find improved 3 Stochastic trading system using this new indicator:

3 Stochastic trading system

3 Stochastic trading system

Template is attached.
Files:
 
my resume is acurate if stoch break level 50 for sell or buy
 
Now I am using long periods of K... 100 or 200... And It hás interesting results...