They work together. To your point, a turnover in the StochasticRSI indicates a stronger probability than it just being at its extremes. It just depends on how conservative you want to be. Being more conservative means taking fewer trades, which ...

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Here is a screen shot of the Performance Analytics of one of my accounts. You will see that I have placed 16 trades so far this year in that account with 0 losers. Unfortunately, the system does not compute performance because there are no losers to ...

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That looks like a very tempting trade. However, it is occurring on the 2nd cycle of the downward cross (count the number of times the StochasticRSI cycled above 80% after the 15 EMA crossed below the 50 SMA). So that breaks rule #1. The 15 EMA is ...

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OK. What is your question?

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I notice you are on a 1 HR chart and not using the 1 HR chart set-up (includes 100 and 200 SMA). That trade sat right on the 200 SMA during an uptrend. I would be looking for long entries during an uptrend.

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It's a Google sheet and contains financial info. I have copied it into Excel and deleted all my stuff. I added an example trade so you can see how it works (It's not a real trade). There are drop downs and conditional formatting that I hope ...

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Which post are you referring to? I'm pretty sure I said what timeframe it was but I may not have stated the instrument. Let me know and I'll correct it if needed.

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I use my 1 HR chart (with 100 and 200 SMA) for 4 HR as well. If price is above the SMAs, I am generally looking for long positions, and vice-versa for the opposite.

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Questions, as long as they are relevant to the strategy don't bother me at all. Your question is a good one: Arrow 1 does show the proper entry criteria, although the cycle (StochasticRSI) is the 2nd and I prefer the 1st (see first post). When I ...

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First of all, I'm not that smart. I'm not a programmer. But even if I was, the only mechanical part is the entry rules. What happens after that is individual to the market conditions of the trade. The variables are many and I treat each trade ...

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Multiple touches to the BB are perfectly OK. Ideally each of those candles that are touching are the same color and the reverse of the trade you want to take. I have included a picture of this: After the cross of the 15/50 there is a retrace (cycle ...

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Trade Journal: In my first couple years of trading, I did not keep a journal. Like most, I searched for the holy grail, the bulletproof method that would fast track my trading success and make me rich. I was trying to take short cuts. I didn't ...

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Here is a trade I took yesterday at 0900 Central Time (U.S.) on a 1 HR chart. It is "Textbook" perfect. Let's review: 1. 15 EMA crosses 50 SMA up (first arrow) 2. Price retraces and touches the BB (second arrow) 3. StochasticRSI cycles down below ...

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I see. "First touch" means the first time price intersects the BB after the 15/50 cross in unison with that touch being the first cycle down/up (retrace). Remember, the set-up to enter is the candle that 1. changes color AND 2. has pulled away from ...

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One of them did and asked me to teach him. I spent a lot of time teaching him, starting with the basics. He very quickly decided he was an expert, dumped a load of money in an account and lost it all in a matter of days. That was the end of that.

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I stay in it unless the loss exceeds my tolerance. I don't use so of my account on a trade that I can't tolerate some drawdown. But it's rare and has not been enough to coax me out of the trade.

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It does not matter how many times price intersects the BB. The trigger is the candle that pulls away AND changes color (HA) thereafter.

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That's tough to answer. I treat each trade as an individual situation with its own parameters for exit. But here are few basics: If there are no other mitigating conditions, I'll exit on the first color change of a candle. So, if I'm long, the ...

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Still in EA? Looks like an amazing trade for you. Teslas?

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Hi Pips... I'm not sure I understand your question. If you have a chart that shows this, that would be great. However, based on what I think you are saying: If a candle intersects the BB, it can not then disengage. Once a wick touches the BB, it ...

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