Hi Sidefx You might want to have a look at post 677 by Beshakey, it's got a nice chart which explains it. You don't just look at the new H1 sema. It must also have a HH HL or vice versa, to get the trend... Here's some of the text of post 677...... ...

Price Action Trading with Indicators! The Freebie System

Agreed Caillou Further trades today with results (calculated by eye) taking profit at touch of Stoch diff 50, Stoch diff 20 and stoch diff 0. Sorry can't work out how to put in a neat table for this here. Not a whole lof of consistency yet to which ...

Hedge and Correlation Strategy

All those indicators can fry the eyes Monarch! Easiest to wait for the alert and then look at the charts I think.

Hedge and Correlation Strategy

Two more trades — Here's a couple more trades taken Asian session. For exits I'm letting the trades run thru to the touch of the zero stoch diff but recording the first touch of the 50 stoch diff and first touch of 20 stoch diff to see what ...

Hedge and Correlation Strategy

Got my first alert EURCAD/EURJPY with your indi. But at the moment it's giving an alert every minute for as long as the stoch diff is >80.

Hedge and Correlation Strategy

Nice work Stock Zen! Just a tiny problem, I think its been in the code for a while, but I've a found a temporary fix. I was running 'Trade Correletions 1.5' and your 'Trade Correlations with spread' side by just to check and I noticed that ...

Hedge and Correlation Strategy

Hey Caillou I'm wondering if this trade is an example of what other were talking about where different lot sizes are needed for different pair combinations. These pairs have very different ATRs, USDCHF is 99 pips and the GBPCHF is 218 pips, so the ...

Hedge and Correlation Strategy

Hey Z Your latest chart looked fine which confused me until I just realised why I didn't get the stoch diff you had. You said it was a EURCAD EURJPY trade in your original post but the chart on your latest post says EURAUD EURJPY. I've got what ...

Hedge and Correlation Strategy

Hi ZR My indi doesn't show the stoch diff (yellow line) getting above 80 for the EURCAD EURJPY (see below). My chart is GMT+2 so I put a red vertical around 10.50 which is 8.50 GMT. Does your chart look like this?

Hedge and Correlation Strategy

Thanks Sergen, all were on the M5

Hedge and Correlation Strategy

Nice work Caillou....working out the best exit is the next step....touch of 50, or confirmed cross of stoch diff 50 (candle close) or touch of stoch diff 20 or confirmed cross of stoch diff 20..... Will be interesting to see where the ...

Hedge and Correlation Strategy

Trades late Asian early London — Trades taken late Asian early London session today ...entry on 80% stoch diff, exit on touch of 50% stoch diff. They tend to come in bursts it seems.... 1. Long EURAUD short EURJPY 5 pips 2. Short EURCHF Long ...

Hedge and Correlation Strategy

That's great, thanks RoundRock!

Hedge and Correlation Strategy

Yep, no probs SM wasn't expecting you to look at it, I should have said that. Just mentioned it in case anyone else was trying to use it. Maybe Roundrock might have a look if he gets a chance, I think he said he hadn't had a chance to test it live ...

Hedge and Correlation Strategy

I think roundrock said he used some of your code for his correlation summary indicator (see post 1776) which has the name 'Tradable correlations with stochdiff'. He put an alert on it so it only needed to be put on one chart to get an alert for any ...

Hedge and Correlation Strategy

No probs Saidar

CHOROS System

Hehe...I allow myself 3 losers of 10 pips each per day, but today I closed a couple early so didn't take a full loss, so I generously gave myself one more trade....but you're right...close to over trading!

CHOROS System

I see that happening a fair bit, the MA gets pulled up afterwards. Sometimes if I see PA stalling on the M1 for a few candles just above the MA I'm targetting for entry I will take it. A bit more risky though...

CHOROS System

I had 3 losers as well, although managed to get 15 pips back just now on EU m15 35 bounce long with exit when PA stalled at RN and M15 10

CHOROS System

Lol..now that earlier post makes sense to me..I was struggling to work out why you said 'buy' when they were short trades and created a few inventive reasons why. And nothing as simple as what you said. It's the trade close, not the entry...D'oh! ...

CHOROS System