How to trade with an oscillator

[Smart_trade]

Da i have kept the value of stocastic as the original of 8,3,4 now we see again a noise...now what should we consider DA

I have the same settings....at the 1st arrow from left,there is no sell signal,if you read the theory in first few pages,if oscillator stays in OB region for more than 5 bars,then indicator coming out of OB region is NOT a sell signal....

At 2nd arrow from left...the oscillator just touched OS area and reversed...this you may consider as noise but the higher TF,volumes gave some indication to avoid this noise....Volumes are often neglected but they tell a lot about the move....a limping move on low volume...be little suspect and get out on first sign of trouble......

At 3rd arrow all TFs agree.....and market took off....

This technique is not fail proof but it helps understanding the market action .There are whipsaws on this like any other method....

Smart_trade

 

[bjj9126]

How to trade with an oscillator => is very well explained as "Stochastic Falls Bar Strategy" in AdvancedGet Training DVD by Tom Jossef and it is inbuilt in this software with exat entry-exit rules,

Prakash

 

[darkstar]

How to trade with an oscillator => is very well explained as "Stochastic Falls Bar Strategy" in AdvancedGet Training DVD by Tom Jossef and it is inbuilt in this software with exat entry-exit rules,

Prakash

hello friend i need dvd of these where i get and also need all type of beginer and advance training for trading where i get it with low cost specially i recomend hindi thanks

 

[aimer]

hello friend i need dvd of these where i get and also need all type of beginer and advance training for trading where i get it with low cost specially i recomend hindi thanks

my dear friend ...dont know about the DVD but if u want to learn TA for free....u can contact the following website....its absolutely free and u will not be charged a single penny for that.....
"www.traderji.com":lol:
yahan pe itnee material padi hai kee kitne din nikal jayenge padhte padhte....fir bhee poora nahin hoga....aur aap idhar udhar bhatak rahe ho....koi bhee software human brain se aachcha nahin hai mere bhai....so leave all that and study these,every probs of urs will be solved.....mein bhee suru main aap ke he tarh bahut kuch khoja par kuch nahin hua....but now after going through the threads over here came to learn many things....so plz take in the right spirit and go for it....rest ur sweet wish.....

 

[darkstar]

my dear friend ...dont know about the DVD but if u want to learn TA for free....u can contact the following website....its absolutely free and u will not be charged a single penny for that.....
"www.traderji.com":lol:
yahan pe itnee material padi hai kee kitne din nikal jayenge padhte padhte....fir bhee poora nahin hoga....aur aap idhar udhar bhatak rahe ho....koi bhee software human brain se aachcha nahin hai mere bhai....so leave all that and study these,every probs of urs will be solved.....mein bhee suru main aap ke he tarh bahut kuch khoja par kuch nahin hua....but now after going through the threads over here came to learn many things....so plz take in the right spirit and go for it....rest ur sweet wish.....

you r really raj thanks my brother

 

[lvgandhi]

ST
I came to know late this thread from miniflow thread.
Nice help for those who want to use oscillators.

 

[SR_TA]

Yes Raj...5 min give you some noise......

At A,B and c look at the thrust of the upmove and volumes...they will help you in filtering false moves....and look at the thrust and volumes at D....at A,B and C 5 min was OS but larger TFs of 15 and 30 min were putting pressure on the market.....at D all went to OS area and the market decided that now it was time to start its upmove....

Combining higher timeframes with lower TFs will give you much better prespective....and if all timeframes speak...it pays to listen carefully

Smart_trade

ST Da.

I did some backtesting on NF using your method.. FOr month of Mar09 to July09.. I used TF of 30. basically I started with intention to test how the method works for different timeframes.. In the process a little fatigue and I restricted to 30 and that too I analysed the results for one bar after the signal is triggered with SL as high/low of the bar based on S/L signal..From pov of intraday trading, I have excluded the signals at 3.30 and morning 10/10.30 results..THe gains do not reflect complete potential using this method as I have consider only one bar movement(close prices of next 30 bar).

I am attaching the summary file with exact triggers.. Please suggest if my triggers are as per your method and your past data.. Please suggest if we can tweak this some way, if suitable. I am not expert in excel, but I will definitely try to pitch in to best of my abilities..

http://www.4shared.com/file/122535114/29232639/Test_Results_ST_Oscillator_upload.html

My observations..
1. Considering +/- signal ratio, we need to use the method along with other factors like patterns/pivots etc..
2. At many places where in it gives false alarms, other issues like consolidation pattern etc were not in favour.
3. average 2/3 signals per week.

Thanks.

 

[Smart_trade]

Thanks for your efforts,SR TA.....will certainly go through after the market and see how best we all can improve the method...

Smart_trade

 

[manojkch]

ST Sir, you said, you bought NF at 4644.50. What is the reason to buy there. According to me, I would have bought it at crack of 2.55 PH (4661.60 + f ). Please explain so that we can sharpen our skills.

Thanks and regards
Manoj

 

[SR_TA]

ST sir, I am attaching screenshot of today's end session on 10 TF. I guess it did not give buy signal as oscillator was below 30 for more than 5 bars. I have marked a box on last couple of intervals on 10..

Pls suggest ..
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ST Sir.. My mistake.. Did not follow proper numbers.. Attaching revised image. It shows the reversal signal on 10..