When you use a 2-min chart for stochastics, aren't the values computed only every two minutes? This is what I get from Qcharts (It's not the best I know, I know). If we're looking at a 1-min chart then we don't get up to the minute stoch values. What I mean is, I get stoch values every two minutes at 9:30, 9:32, 9:34, etc. so what do I use for the 'odd' minutes like 9:33? Do I look at the 9:32 value? That doesn't seem right. --opm8
The "NOT TAKEN" trades were simply because I wasn't going to be or planning to be around when those times hit - it would be easy to check and see how they would have turned out. I think someone has already posted the exact parms I've been using, and the way I've been using them, so again, it would be pretty easy to see how a trade would have turned out. I have no reason to scam anyone - I'm not making any specific claims, just presenting what I'm doing and how it turns out. (BTW, I don't think you are saying I'm scamming anyone.) Everyone can interpret any of it any way they like.
opm8 - The values are "fixed" every two minutes, but the values are calculated and displayed with every tick, no matter what period-size chart you are using.
I have a question: So you trade at the open of the fib bar depending on your indicator. Do you buy at the ask and sell at the bid? Or do you try to buy at the bid and sell at the ask?
For NQ 9:33 S 876 B 873 +3.00 9:35 B 873.50 S 876.50 +3.00 9:38 B 878 S 881 +3.00 9:43 S 882.50 B 879.50 +3.00 9:51 S 877 B 874 +3.00 10:04 S 874 B 871 +3 10:25 S 874.50 B 878 -3.50 B 878 S 874.50 -3.50 10:59 S 868.50 B 872 -3.50 B 872 S 875 +3.50 11:54 B 874.50 S 877.50 +3.00 13:23 S 879 B 876 +3.00 15:47 S 877 B 874 +3.00 Total: 10 wins/ 3 losses (in a row) Not including commissions 20 points. I used the one minute chart stochastics 24,1,24. No overlaps today.
ctrader I PM'd you about your product. I am sending another PM now. Quah, thanks for the fun this week. I am on vacation next week and not taking the laptop. I promised my family. By the time I get back there will probably be 100 pages on this thread, but that will only happen if this continues to work. I really cannot see why it wouldn't. It is dependent on nothing extraordinary.
huh? How can you put in a limit order on something that hasn't happened yet? How do you know what the open of the next bar will be? And if you wait until you see the open and then put a limit order there, you are back to having slippage. I strongly urge anyone doing this system [OR ANY AUTOMATED SYSTEM] to add $5 per round turn and $12.50 [$25 on NQ] to each side of the trade during their testing for slippage... nitro
How can you have slippage on a limit order? Not possible. You see the open, you put the limit order there, you get filled. You don't get filled, you don't have a trade.