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Sorry about the last post. This idea is from calculation of stochastic. The rule of stochs is the cycle from Cross 20 to cross 80 vice versa. It seems the price follow the stochs because it is a leading indicator, especially GBPJPY.
So I want reverse the equation of stochs so if the current stochs 5,3,3 cross 20 the price is 234,50, could we make an indicator that predict what price if stochs 5,3,3 cross 50, 80, 90. If possible it means we can know this price is the maximal price in oversold or overbought to exit trade before the price back. I want use this indicator with MTF stochs 5,3,3 and 14,3,3 TF 15M,30M, 1H, 4H because these are the great indicator for GBPJPY momentum movement. The indicator we need will show like this.. TF 15M Stochs 5,3,3 current level 27,8 price : 234.50 cross level 23,6 price 234.20 cross level 76,4 predict price 235.10 Stochs 14,3,3 current level 20,8 price : 234.50 cross level 23,6 predict price 234.80 cross level 76,4 predict price 235.80 TF 30M etc... TF 1H etc.. TF 4H etc... This indicator always change because the calculation of stochs will change but in one cycle we have the target price to exit if we use the TF 15 to enter the trade, so do with 30M and 1 H. The basic rule is MTF Stochastic by Spudfire. I hope somebody can find the indicator because I have always the best entry with the rule but crash with the exit, loss floating profit I have before ![]() |
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Thanks it's great indicators
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not predict the price
I have all the indicator, but no one can forecast the price, for example if the stochs level still cross 23.6 and the current price GJ 230.40, at this level the indicator show to us the forcast of the price if stochs cross 73.6, for example..
TF 15 M stochs 5,3,3 current level 24,8 current price 230.50 If stoch level cross 76.4 forcasting price 240.50 maybe this indicators can be modified for this purpose, any body can help please.. |
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hi
hi
now I understand. good idea. I cant help because i have no proamming skills. There was a study I dont not where I read it . i think in the valeox thread, When stoch turn down from 76.4 and go under 50 and then reverse up over 50 there is a 85 % probability it will reach 76.4 and if the stoch come from 76.4 and reach 23.6 there is a 85% probalitity it reach in the up move 76.4 level again. So your prediction idea seems to have a statistical proofness. regards lodol |
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I think Spudfyre's Stoch Threads can be used to predict too. When all Stoch (6) to Stoch (24) converge into one, the price will reverse in the next bar or 2 bars.
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