Kudzu's ROCK climbing FX method
I love any stochastic indicator and any combination thereof. You will find that learning to use multiple stochastics within the same time frame and across two or more time frames is very helpful in measuring trend reversals, price exhaustion, and trend continuation.
I used this method from the beginning, it's very simple.
Attach a template
Climbing in Kuduz
R Williams
Oscillator
c = with
K line stochastic indicator
entry:
The intersection of %R and 100%K line (light green)
and
RSI line crossover and convergence of multiple stochastic lines
Good = <25 or >75
Better = <10 or >90
Best = <5 or >95
quit:
When the 25 stochastic line crosses over and turns the other direction
or
When the 100%K line crosses the 10 or 90 line
or
Whenever you get the points you want (best aim is 5 to 30)
I used this method from the beginning, it's very simple.
Attach a template
Climbing in Kuduz
R Williams
Oscillator
c = with
K line stochastic indicator
entry:
The intersection of %R and 100%K line (light green)
and
RSI line crossover and convergence of multiple stochastic lines
Good = <25 or >75
Better = <10 or >90
Best = <5 or >95
quit:
When the 25 stochastic line crosses over and turns the other direction
or
When the 100%K line crosses the 10 or 90 line
or
Whenever you get the points you want (best aim is 5 to 30)






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