Quote:
Originally Posted by maurizio77
OK.
You have probably just read the post before this.........so here it is.
This works on just about any timeframe on the Yens, but if you are new, stick to 30min or above.....coz i want this to work for you......the higher ya go the more you will make, but the longer it will take to get there so the decision is ultimately yours.
Slow stochs....set at: 18, 3 ,3.
CCI set at: 25.
Bollinger bands set at: standard, 14, 2.0.
OK.
Set lines up on your slow Stochs, in this case you want them set at 75 and 25....this is slightly different to the 80-20 set up from before but there is a reason for this.....it basically is more effective for a cross range of timeframes.
Now add your EMA lines, these are still 1 and 5 EMAs like before.
So your chart should look something like this:
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Hello again everyone. The newbie from Malaysia again. I was wondering if anyone could lend me a hand...
I'm using Metatrader 4 (MT4) from Northfinance as my charting package and based on MT4, when I want to add the stochastics, there are a few fields for me to set the parameters of the stochastics. For example, there is the %K period, the %D period and the "slowing" field as well. From Maurizio's slow stochastic setting of 18,3,3; can anyone please help me determine which setting I have to set?
Is the 18 for the %K period while the %D period and "slowing" field is set to 3 each? I also notice that there is a moving average method to choose from. By default, it is set to "simple". Am I suppose to change it to Exponential since we are using EMAs?
I hope these questions of mine aren't too elementary. Thanks in advance for your help.
Linear Mode
