How to trade with an oscillator

rkkarnani

Well-Known Member
Have read just the first 20 posts!! Great going indeed ST. It might be that what I am asking is already there in further posts. But do post again : The Parameters to be used in Stochstics Oscillator.
Would the same be diferent for different TFs!!??
Thanks and regards
R K Karnani
 

mohhnow

Active Member
Hi SmartTrade,
you should really comeback to post regularly.
Its a great learning pleasure,
You are a great teacher, your explanation & interactions are also a lesson in human relations
:)
 
hi st sir had a doubt

Can 5 bars system be applied on a longer time frame say daily charts


i was looking at ballarpur industsries

with other indicators i looks like a nice entry jut wanted to know if stocastic24 rth to sep 10 th was in overbought then cam to neutral levels

is it also confirming bullish entry signals?/



with other indicators i looks like a nice entry jut wanted to know if stocastic24 rth to sep 10 th was in overbought then cam to neutral levels

is it also confirming bullish entry signals?/

Hello Vishal,

I am so sorry that I have not visited this thread for a long time ...it is due to other engagements...but my apologies...

The technique could be applied to any timeframe...even daily it gives great results.....the remaining part of your question is not clear...could you expand on it please ? thanks....

Best wishes....

Smart_trade
 
Hi SmartTrade,
you should really comeback to post regularly.
Its a great learning pleasure,
You are a great teacher, your explanation & interactions are also a lesson in human relations
:)
Thanks for the good words mohhnow...though not sure whether I fully deserve them...

I agree that I am unable to give time to this thread because of trading and other forum moderation/posting committments...but will try to post more regularly now....glad to see people still interested in this thread after such a long time.... God bless you...

Best Wishes,

Smart_trade
 


Posting Nifty futures 5 min chart to illustrate how we could have traded the market on 11-12-2009 with the help of stoch.oscillator... Observe a classic negative divergence we were getting on the chart....the price was making higher tops and the indicator was making lower top around 11:50 to 12:00 alerting us for impending sell off...and it did come through with a thunder.

Waiting for oscillator entry signal discussed early in this thread would have delayed our entry.But we have another entry technique...we see a long sideways consolidation running into almost 14-15 bars and mark the lower end of this consolidation as our pivot low....once that was cracked we went short,had couple of adds on the way down and the rest is history....we could cover all short positions around 5115-5120 ( on 5 min pivot high) range as there were many indications of move coming to an end....a very sweet move indeed for an alert trader....

Best wishes, Happy Trading....

Smart_trade
 
hello smart_trade sir, nice to see your post. And, yes it is full of stuff in unique presentation.
also, hats off to your stages of trader in the other forum. So neatly said, i have been thro the first 3 stages, and am skimming thro the 4th stage.
Your presentations are of high quality in nutshells.
Thank you.
Please keep posting whenever you can, we look forward to them.
:)
Have a nice day.