We are trading the Stochastic indicator for the year 2017. This video is automated and we are using a risk setting of 10.
The Stochastic indicator is an oscillator – and it isn’t even considered to be used as an entry signal.
Most people use it in combination with other signals, like moving averages.
They use the Stochastic oscillator to confirm those signals to filter out false signals.
Well, good luck, no indicator can do that, because all indicators look at past events to predict the future.
And that includes that you will – always – have false signals and you will – always – have open positions that are caused by those false signals.
So what should you do now? Close those positions, because they have been opened by a signal that you consider to be false?
How should closing a position help you to avoid losses, when it causes a loss to close it?
And why do you think that the next signal will be better – even you use exactly the same indicator to predict the future?
If even the Stochastic oscillator could be traded with a profit, what else could you trade?
If you want to find out what you could trade to improve your results, maybe you want to watch the other performance videos on RobotTradingSystem.com – or wherever you get your trading performance videos…