The Best Stochastic Indicator Strategy for Trading Forex! Most profitable settings to use!
There are so many recommended settings for stochastic indicators, which is best suited for you? In this video, we will be sharing with you a winning strategy and settings using the Stochastic Indicator. We have crawled through all the recommended settings for the stochastic indicator and back-test them extensively to find the best settings to use!
We did optimization on the Stochastic indicator strategy trading on the EUR/USD forex pair! This video will walk you through the steps we took to optimize the stochastic indicator.
Do let us know in the comments if you are interested to see this strategy back-tested with other permutations such as the 28 currency pairs, new risk-to-reward ratio, and other stop-loss levels.
Our aim is to find the best stochastic indicator strategy settings for forex and provide some recommendations to you guys!
Check out and follow us on:
Twitter: / themetaexchange
We are new to KZread, do "Like", "Share" and "Subscribe" to us!
You can also email us if you have any new trading strategies that you would like us to code into expert advisors (themetaexchange@gmail.com)
Chapters:
0:00 Introduction
2:10 Section 1: What is Stochastic Indicator?
2:36 5 Values to take note!
4:27 Section 2: How to use Stochastic Indicator to enter trades?
4:40 Buy Signal
5:12 Buy Signal
5:49 Strategy summary
5:59 Section 3: What are the permutations for back test?
8:20 Section 4: What is the recommended setting to use?
8:30 Best time frame to use
8:53 Best overbought and oversold levels
9:24 Best Stochastic settings
10:32 Section 5: How to improve the result?
11:27 Optimization result
11:59 Conclusion
#forex #trading #investing #tradingstrategy #forextrading #forextrader #investment #invest #tradingstrategy #stochastic
Пікірлер: 96
Hello! Thank you for watching the video! Let us know if you find these information useful! Or if you have any suggestions to improve the channel! We would love to hear them! Thank you! 🙂
@chetanlondhe46
11 ай бұрын
Plz check the settings 10 2 2 and upload the results if possible
@juanestenanramirez1701
10 ай бұрын
I have always used 14 - 7 - 5 with a 90/10 level for my settings and works extremely well.
Excellent presentation. It's important for investors to carefully consider their investment goals and risk tolerance before making any investment decisions. Most traders are searching for that elusive method where they never lose or can win eight or nine entries out of 10, amassing huge profits in a short amount of time with no risk, which I'd say is ill advised.
@upperechelon__
11 ай бұрын
Any experienced trader knows that successful trading takes time. There is always SOME level of risk, which needs to be understood and managed.
@chriskitzlinger
11 ай бұрын
The problem for me is that some strategies are extremely difficult to grasp and even more difficult to incorporate into my trading plan. To be honest, it's extremely exhausting, blew my account twice now.
@aidan.g.harbach
11 ай бұрын
@@chriskitzlinger It's best to experiment with what works for you, understand it, and stick to it. Admittedly, not everyone is built for the ups and downs as they come; unless you have a passion for trading, you're probably better off hiring a professional to trade for you. It's a safer way to reduce risk and earn while learning.
@tobymcavoy_
11 ай бұрын
I couldn't have put it better myself. You're spot on with this comment.
@chriskitzlinger
11 ай бұрын
@@aidan.g.harbach Actually, I've considered hiring one, just never found a proper recommendation. Do you have any on your roster?
Wow! I subbed. I hope all your other videos are like this. I am amazaed with the back test data with different settings tested.
This is excellent content and a well concise video. I liked every bit of your explanation, it shows there's lot I must do if I want to be proficient with my trades. Thankfully my broker, Mr Branum covers up my errors for me
@justinaholt4497
Жыл бұрын
A portfolio investment manager is such a great option whereby you don’t need to stress on your trades, all you just need to do is invest and watch your trades grow
@oanabruntel2520
Жыл бұрын
I know this your trader, he is very good at making profits from trading.
@mikemedina7810
Жыл бұрын
It is a real privilege to find someone who is generous enough to share his success strategy and carry people along in such a way as to help others find success
@davebauza7969
Жыл бұрын
I agree with this, trading with a professional is always the best move in investing
@brentmax8248
Жыл бұрын
Will he help a newbie trader like me? Please help link me to him
Very logical and convincing explanations. Classic video
@TheMetaExchange
Жыл бұрын
HI Jayant! Thank you for your support! Please feel free to let us know if you have any strategy that you would like us to back test! Cheers!
big help. thank you so much
@TheMetaExchange
Жыл бұрын
Hi Rubikulele, thank you for your support! Please feel free to share with us if you have any trading strategies that you would like us to test it out! We will gladly back test it and share the results with you! Cheers! :D
Thanks bro, exactly what im looking, in support for CCi and RSI.
@TheMetaExchange
Жыл бұрын
Hi Edwin, thank you very much! Appreciate your support! Yeah I am also interested in CCI and RSI combination. Will definitely test it out and make a video on it! Please feel free to email us (themetaexchange@gmail.com) if you have any suggestions on the entry and exit rules! Also keep a look out for our new videos! Cheers!
many thanks,this was very helpful
@TheMetaExchange
Жыл бұрын
Hi Nmazy, thank you for your comments! Please feel free to email us if you have any strategy that you would like us to back test or code into a trading strategy! Cheers!
love the video.....so useful,keep up the good work!!!
@TheMetaExchange
Жыл бұрын
Hello! Thank you very much for your support and comments!! Please feel free to let us know if there is any strategy that you would like us to back test! Cheers! 😃
Very Clear,thanks
@TheMetaExchange
Жыл бұрын
Hi Iklil, thank you for your comments! Please feel free to email us at themetaexchange@gmail.com if you have any trading strategy that you would like us to back test! Cheers!
Good work. Knowledge to the beginner as well as experienced.Great job,,👍🙏
@TheMetaExchange
Жыл бұрын
Hi Gem Rish, thank you for your support! Please feel free to email us and share with us any strategy that you would like us to back test! Cheers! :D
Nice video, very interisting👍👍
@TheMetaExchange
2 жыл бұрын
Thank you for your support and encouragement! May I know what other strategy or indicators would you like to see on our videos? Cheers!
Very useful information. I myself using this setting .
@TheMetaExchange
Жыл бұрын
Thank you Gurcharan for your supportive comment! Cheers! All the best in your trading!
This is simply amazing. It is exactly what I needed.
@TheMetaExchange
Жыл бұрын
Hi Chibuikem, thank you very much for appreciating our videos! Please feel free to comment any suggestions for us to improve! Or if you have any strategy that you would like us to back test! Cheers! 😃
@chibuikemezepue3569
Жыл бұрын
@@TheMetaExchange I would love to see more pullback strategies, best way to define trends or best means of currency strength analysis/indicators to best select which pairs to trade per time.
You are the best!
@TheMetaExchange
Жыл бұрын
Thank you Nakapak for your comment!! Feel free to email us if you have any strategy to back test! Cheers!
Thank you for your video which answered all my questions effectively. It was very informative and will help me with my trading. Thank you.
@TheMetaExchange
Жыл бұрын
Thank you Pat Jackson! Glad that we can provide useful information for you. Please feel free to let us know if you have any strategy that you would like us to back test! Cheers!
very help full vdo
@TheMetaExchange
Жыл бұрын
Hi Stephen, thank you very much for your comments! Please feel free to let us know if there is any strategy that you would like us to back test! Cheers!
Excellent
@TheMetaExchange
Жыл бұрын
Thank you Richard! Please feel free to contact us if you have any trading strategy that you want us to test out! Chers!
Hello. Thank you very much for this very detailled video and suggestion on how to improve. I am trying the same strategy using OBV indicator. Have you ever combined OBV + stoch rsi with MA for trend direction?
@TheMetaExchange
Жыл бұрын
Hi Gregory, thank you for your comment! I have not tried OBV indicator before. I will look into it and see whether I can include this with Stoch RSI with MA for trend direction. Thank you for your sharing. Please feel free to email us (themetaexchange@gmail.com) on the entry and exit rules that you would like us to test as well! Cheers!
Can you run a similar strategy with SPY and QQQ? Thanks
Please which volume indicator did you use and what are their set up? Good job
@TheMetaExchange
Жыл бұрын
Hi Anjah, I am using the default volume indicator, this type of volume indicator is readily available in the MT4, MT5 and also the Tradingview platform. We just need to see an increase in the volume to show that the interest is picking up! Thank you for your support! Cheers!
What is the best setting to swing trade SPY? 14,3,3? Thanks for u feedback. Ed
@TheMetaExchange
Жыл бұрын
Hi Ed, thank you for your comment! We have yet to test this strategy on SPY. This is mainly tested on forex pairs. We will find ways to test it on SPY too. Cheers!
RSI + Stochastic is 👌🏻
@TheMetaExchange
Жыл бұрын
Hi Mischa, thank you for your comment! May I ask if you have any other entry rules to include? Example RSI and Stochastic has to be oversold or overbought at certain level? Please feel free to email us (themetaexchange@gmail.com) your entry rules and we can code it into an expert advisor for backtesting. Thank you! Cheers!
@mischa6688
Жыл бұрын
@@TheMetaExchange I will once I’ve made 100-200 trades using my newly discovered strat.
Kindly do you have any 5 or 15min chart indicator based profitable strategy you have or know and willing to share with us. Thanks for the good video
@TheMetaExchange
2 жыл бұрын
Hi Muta, thank you for the support and compliment! We will take note of your interest in 5 or 15min chart indicator based strategy! We will upload videos on that soon! Meanwhile, if you have any strategy that you would like us to try out, please feel free to email us! You can also share with us other KZread videos or websites that you would like us to test. Thank you! 😃
The strategy is perfect, but combining it with other indicators makes it super. Trust me try it, thanks for the knowledge
@TheMetaExchange
Жыл бұрын
Hi Igbolanu! Thank you for your support! Please feel free to share with us what other indicators do you think will work will with Stochastic? We will gladly test it out and share the results with you! Cheers!
Better Video than most people even though i didn’t expected much with 1800pips Profit from it
@TheMetaExchange
Жыл бұрын
Hi! Thank you for your support! Please feel free to let us know if you have any strategy that you would like us to back test and test it out! Cheers!
Hi brother scalping 1 minute best indicator strategy 💥💥💥
@TheMetaExchange
2 жыл бұрын
Hi Tushar! Thank you for your suggestion! I will be releasing a 5 minute scalping strategy soon! Stay tuned! Meanwhile if you have any strategy that you would like me to backtest, please feel free to let me know! Cheers!
Hi brother
@TheMetaExchange
2 жыл бұрын
Hey brother! Cheers! Hope you enjoy the video and feel free to suggest strategies or improvements! Have a great day!
Try 70,5,14 with 80/20.
@TheMetaExchange
Жыл бұрын
Hi Rammnius, thank you for your comments! Wow it is a new setting to me! OK will test it out and share the results when I have it. Thank you! Meanwhile if you have any other strategy to test out, please feel free to let us know! Cheers!
@harbinger88hs
Жыл бұрын
@@TheMetaExchange It is a trend setting and works great with divergence humps with 50/200 EMA tandem. I also use MaC for cycled divergence, but you dont need it technically.
@TheMetaExchange
Жыл бұрын
@@harbinger88hs Hi Rammnius, thank you for your suggestion! We will check it out! We are also interested to test out divergence on indicators too! Cheers!
@harbinger88hs
Жыл бұрын
@@TheMetaExchange Im willing to set up a "meeting" if you would like and I can explain my understanding.
@TheMetaExchange
Жыл бұрын
Hi Rammnius, please feel free to drop us an email! You can share with us your understanding by emailing us at themetaexchange@gmail.com. We look forward to hear from you. Cheers!
I need this EA. plz
t
@TheMetaExchange
Жыл бұрын
Thank you for your comment! :D
All your analysis and testing are not relevant to scalpers because you rarely if at all test on lower time frames like 15 and 5 minutes.
9.3.3
@TheMetaExchange
Жыл бұрын
Hi Harjinder, thank you for your comments! We will check out 9.3.3! Meanwhile do check out our other videos and feel free to share any strategy that you would like us to test it out! Cheers!