duly noted edricor, I do on some tutorials, it simply depends what happening in terms of market conditions while im recording. But dont worry, ill be back with more updates :)
I will backtest this. Not at all sure what results to expect. Often I have seen some candles going well through the BB which had made me think that a setting of 2.5 might be better. We will see. It is suggested on a 15 minute chart. Will it work on 4H too? I don't like the lower time frames anymore.
Really good strategy I am amazed keep up with the good work...however I wanted to ask when you mean crossover in stochastic do you mean that the main line (green) crossing over the red line or you mean just turning over in the opposite direction like in the buy scenario the stochastic has to point downwards or the green line has to cross the red line in order to sell
Cross overs at the top of the STOCH histogram indicates sell trades. Crossovers at the bottom are for buy trades. Heres an updated version of this strategy - ruclips.net/video/eErz-NJCm8I/видео.html
Hi Brother how to know if the next candle is opening on the opposite direction...u can only be sure about it once candle is closed in red for example. In the video you are also counting the first green candle where actually u should count profit from opening of 2nd green candle. Kindly clear this confusion Takecare
thank you @Crypto happy to hear you enjoyed it!! Stochstic / Rsi is both the rsi and stochastic indicator combined together. The Stochastic is just the stochastic indicator alone 👍
explaining how it works in the past is literally the definition of "backtesting" which is what all traders should do with any new strategy you try out. And this is why I also say its important to you use this as added confluence to your trading. Never use indicators as your only method of placing trades
Hi, thanks for teaching this strategy, although it would be much better if showing the strategy in the actual trading even on demo account. because one thing is showing this with the graphics already done and another at the actual price movement.
duly noted edricor, I do on some tutorials, it simply depends what happening in terms of market conditions while im recording. But dont worry, ill be back with more updates :)
hi Andy, yes you can. We have many UK members in our trading group who trade binary Options. If you need any help, feel free to message me directly - prestigebinary@gmail.com
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ok
it would be nicer it showed on the actual trading live trading ,
duly noted edricor, I do on some tutorials, it simply depends what happening in terms of market conditions while im recording. But dont worry, ill be back with more updates :)
I tried this strategy and got good results. Thank you very much
Great Job @Gugulethu 👍. Thank you for sharing, keep up the great work!
I will backtest this. Not at all sure what results to expect. Often I have seen some candles going well through the BB which had made me think that a setting of 2.5 might be better. We will see. It is suggested on a 15 minute chart. Will it work on 4H too? I don't like the lower time frames anymore.
that is why you need to combine the strategies you use with your analysis
Really good strategy I am amazed keep up with the good work...however I wanted to ask when you mean crossover in stochastic do you mean that the main line (green) crossing over the red line or you mean just turning over in the opposite direction like in the buy scenario the stochastic has to point downwards or the green line has to cross the red line in order to sell
Cross overs at the top of the STOCH histogram indicates sell trades. Crossovers at the bottom are for buy trades. Heres an updated version of this strategy - ruclips.net/video/eErz-NJCm8I/видео.html
Hi
Brother how to know if the next candle is opening on the opposite direction...u can only be sure about it once candle is closed in red for example. In the video you are also counting the first green candle where actually u should count profit from opening of 2nd green candle.
Kindly clear this confusion
Takecare
you will see based on the color of the opening candle
Well explained! Thank you learned alot, Btw Whats the difference between stochastic and stochastic RSI?
thank you @Crypto happy to hear you enjoyed it!! Stochstic / Rsi is both the rsi and stochastic indicator combined together. The Stochastic is just the stochastic indicator alone 👍
Hi Paul. Thanx for the video. Very educational,much appreciated
Youre Very welcome, happy to hear you enjoyed it!
Would you ever do live trading from the last candle? It's easy to explain what happened in the past. Thanks
explaining how it works in the past is literally the definition of "backtesting" which is what all traders should do with any new strategy you try out. And this is why I also say its important to you use this as added confluence to your trading. Never use indicators as your only method of placing trades
Hi, thanks for teaching this strategy, although it would be much better if showing the strategy in the actual trading even on demo account. because one thing is showing this with the graphics already done and another at the actual price movement.
duly noted edricor, I do on some tutorials, it simply depends what happening in terms of market conditions while im recording. But dont worry, ill be back with more updates :)
Great ❤ thanks. Can we use for 3 minute trade or 5 or 1 minute? I'm asking for binar
you can use this on various timeframes. So make sure you backtest beforehand 👍
Yeahhh! This new contents are really interesting
much appreciated Joshua!!
Can i use 15 minute time frame with this strategy?
yes
Does it have to be below 20 or above 80 when it crosses over? I learned a similar strategy but that was one of the requirements.
@Virtual if youre referring to the stochastics, yes you want to those crossovers to occur on the on the overbought / oversold zones of the stochastics
Would you recommend this strategy for crypto market?
go for it!
I'm not a fan of trading against the long term trend. But I'm going to test your strategy 👌 thanks.
Me too, I agree with your 100%
Hi Paul, I live in the uk can I trade binary. Thanks Andy
hi Andy, yes you can. We have many UK members in our trading group who trade binary Options. If you need any help, feel free to message me directly - prestigebinary@gmail.com
Hi, can you please suggest some good forex brokers
i like LQDFX and ProsperityFX
thanks
You're welcome!
How do you set the stop loss and tp??
set to your support and resistance levels
thanks
Welcome