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Dear Arthur,
thank you very much for sharing your work and your find. Also, a big thanks to Saver0 for writing and sharing, Simplex for modifying it.
I have been experimenting with the OB/OS “stochastic” method on Friday. I used a rather crude approach, set targets according to Fibonacci pivots. One issue is, as some have noted – some re-positioning. Even so, most of the time it seems to give a good signal. One rule that I apply to counter fakes is, that once the line crosses the value of 5, i set my SL to BE.(or around that)
One note about my test, i used .01 lots…and i got greedy towards the end of the day an opened many trades with higher lots in the afternoon….so they carry over. Not something i would normally do. I will continue testing this week and try to find better ways to filter.
Best, Michael
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This reply was modified 7 years, 10 months ago by
Edington.
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This reply was modified 7 years, 10 months ago by
Edington.
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This reply was modified 7 years, 10 months ago by
Edington. Reason: grammar
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This reply was modified 7 years, 10 months ago by
Edington.