Other thing that's very important...Is the Formula...YOU MUST know the real formula...If you don't have the The REAL George Lane Stochastics. so, You don't care about the formula..mean you are maybe not trading the Real stochastics...something somebody changed. Not all charting packages are the same.
I have used almost every known charting package and looked at the Stochastics side by side. They all look identical. So far I have not experienced that I need to know the formula in order to continually make money. I do not use Stochastics at all myself and don't really care about the "real" George Lane forumula but that is nice to know. I am more concerned about making money than having an "authentic formula" and that is going pretty well.
This is fabulous video. Making SSTO "better" fit the price cycles is crucial whether using your method, the ehrlich cycle finder or counting.
Personally, I don't like clutter and think pattern recognition, volume and SSTO(combos)would satisfy most. I've been taught by both George Lane and Jake Bernstein and still would suggest struggling traders to check out this video. Keep up the good work!
Good Video! Only thing...Stochastics is a momentum indicator.And you did not say..IT'S a LEADING INDICATOR..very important. %K. Momentum will always go before price. Think of a Rocket. I can give you at lease 5 other things...just don't have the time.Just a bit...Try/or look at Daytraders %k5 %D3 LBR...%K7 %D10
Very informative. I've used Stochastics for quite some time but never considered optimizing them as you have explained. Thanks. I have successfully used other methods but now I can enhance those methods for even greater success. Thanks again.
Thank you very. This is a very useful lesson on Stochastics. 5 stars.
mujeebyzai 3 years ago
Thank you very much. This is very useful lesson on Stochastics. 5 stars.
mujeebyzai 3 years ago
THanks a Million!!! Good Stuff!!!
raassmd 3 years ago
THANKS a Million!!! Good stuff!!!
raassmd 3 years ago
Other thing that's very important...Is the Formula...YOU MUST know the real formula...If you don't have the The REAL George Lane Stochastics. so, You don't care about the formula..mean you are maybe not trading the Real stochastics...something somebody changed. Not all charting packages are the same.
dboneg 3 years ago
I have used almost every known charting package and looked at the Stochastics side by side. They all look identical. So far I have not experienced that I need to know the formula in order to continually make money. I do not use Stochastics at all myself and don't really care about the "real" George Lane forumula but that is nice to know. I am more concerned about making money than having an "authentic formula" and that is going pretty well.
tradeartist 3 years ago
This is fabulous video. Making SSTO "better" fit the price cycles is crucial whether using your method, the ehrlich cycle finder or counting.
Personally, I don't like clutter and think pattern recognition, volume and SSTO(combos)would satisfy most. I've been taught by both George Lane and Jake Bernstein and still would suggest struggling traders to check out this video. Keep up the good work!
dex38holland 3 years ago
Good Video! Only thing...Stochastics is a momentum indicator.And you did not say..IT'S a LEADING INDICATOR..very important. %K. Momentum will always go before price. Think of a Rocket. I can give you at lease 5 other things...just don't have the time.Just a bit...Try/or look at Daytraders %k5 %D3 LBR...%K7 %D10
dboneg 3 years ago
@dboneg
thanks. I agree. the only leading aspect is the divergence
tradeartist 2 years ago
Very informative. I've used Stochastics for quite some time but never considered optimizing them as you have explained. Thanks. I have successfully used other methods but now I can enhance those methods for even greater success. Thanks again.
PAKNOSH 3 years ago