Multiple Timeframe Harmonization
Dear good members of this forum,
I thank you all for your immense contribution to this forum which has
been a great source of education for people like me. My problem now
is how to harmonize the various appearances of stochastic on different
timeframes for example when stochastic 5, 3, 3 is moving out of line 20
on 4hrs TF suggesting a buy (long) same 5, 3, 3 stochastic on 1hr TF
may be coming out of line 80 suggesting a sell (short). Please, how do
we reconcile this. Somebody help me.
Stochastics is a good indy.
Best signal is allways in bigger TF from my experience, but you have to put bigger SL also. If you want a more reliable signal, wait for stochastic to align in both TF, not matter if that mean to enter a little late.
Just be cautious in your TP if stochastic in bigger TF is overbought/oversold at the moment when stoch in lower TF give you the signal in the same direction.
can you make StochasticCCI_JE to All StochasticCCI_JE? like the one below (All Stochastic v1.0)
People looking for filters these days
One variation of Double Smoothed Stochastic - might help
Very good, like all works that you share to us.
A new toy, a new toy !
Christmas before Halloween, thanks Mladen
Parameters in iStochastic?
What is difference between fast and slow stoch in simple words, and how i need to customize my iStochastic lines in code below to test fast/slow one? As i am using just 5,3,3 ... is it fast/slow/default?
My target periods are M15 and M30 ... I made some EAs based on Stochastic M15 + ADX and they are so-so ... On Strategy tester I get 1000-2000 maximum per month with a lot of stop losses. I would like to make one EA where I will combine few periods stochastics:
laStoK015 = iStochastic(NULL,15,5,3,3,MODE_SMA,0,MODE_MAIN, 0);
laStoK115 = iStochastic(NULL,15,5,3,3,MODE_SMA,0,MODE_MAIN, 1);
laStoD015 = iStochastic(NULL,15,5,3,3,MODE_SMA,0,MODE_SIGNAL,0 );
laStoD115 = iStochastic(NULL,15,5,3,3,MODE_SMA,0,MODE_SIGNAL,1 );
laStoK030 = iStochastic(NULL,30,5,3,3,MODE_SMA,0,MODE_MAIN, 0);
laStoK130 = iStochastic(NULL,30,5,3,3,MODE_SMA,0,MODE_MAIN, 1);
laStoD030 = iStochastic(NULL,30,5,3,3,MODE_SMA,0,MODE_SIGNAL,0 );
laStoD130 = iStochastic(NULL,30,5,3,3,MODE_SMA,0,MODE_SIGNAL,1 );
laStoK060 = iStochastic(NULL,60,5,3,3,MODE_SMA,0,MODE_MAIN, 0);
laStoK160 = iStochastic(NULL,60,5,3,3,MODE_SMA,0,MODE_MAIN, 1);
laStoD060 = iStochastic(NULL,60,5,3,3,MODE_SMA,0,MODE_SIGNAL,0 );
laStoD160 = iStochastic(NULL,60,5,3,3,MODE_SMA,0,MODE_SIGNAL,1 );
and IF conditions for opening positions I have such as:
if( ADX0 > 25 && laStoK115 laStoD015 && laStoK030 > laStoD030 && laStoK060 > laStoD060 && laStoD015 laADX0015 ) OpenbyBuying("BUY");
if( ADX0 > 25 && laStoK115 > laStoD115 && laStoK015 < laStoD015 && laStoK030 < laStoD030 && laStoK060 80 && laADXM015 < laADX0015 ) OpenbySelling("SELL");
And I am closing these positions if laStoK030 75. But it seems something is wrong here as I lose ALL money in half month!?
Can somebody tell me:
1. Is this logic possible to be implemented and is it logical thinking? I think this should be almost 100% openings = earnings. It should be 100% sure that price will go UP if 15, 30 and 60 mins stochastic K is above d and rising? Or I am wrong?
2. Do you know for some EA like this which minimize SL
Also I wanted to make indicator which draw stoc K and stoc D for 15 and 30 mins ... hardcoded values - without considering what period is selected ... with 4 lines there ... maybe will be messy but at least will show me lines at once. Does this make sense at all?
Thanks for help and your time
Banzai, thank you for this indicator.
I know you posted this long ago, but I
want to say thank you. I finally found this
indicator after trying sooooo many others
color stochastic x versions this is the only
one I have found that actually alerts
on the crosses like it should.
Typical alert messages:
EURJPY (M30): Stoch (30,10,10) crosses UP
EURJPY (M15): Stoch (30,10,10) crosses DOWN
Stochastic on Price (Chart Overlay MQ4)
I have looked everywhere and spent days searching for an MT4 stochastic chart overlay indicator but no luck. Can someone please help?
This one : https://www.mql5.com/en/forum/177347/page12 (don't worry about the text in the link, but take a look, it was originally posted at "wrong" thread )?