简单的 PA 和随机系统 (Simple PA And Stochastic System)

INTRODUCTION:
Hello all! My name is JA$ON! Some of you know me for the wild scalping technique I developed using a variation of the Paulus COG (oan based) that generated over 800+ pips in a single month. After suffering some huge losses and continued exploration into scalping with that technique, believe it or not, there was nothing more I could do to recapture the glory it once had.

Since then I have been using a variation of the 3 Ducks system as my long term intraday technique. It has been great, but trades are few and far between using that system. For the last month or so, I've been scouring these boards to find a good scalping or short term trading technique that I can use in order to make money in between those trades. After little success, I started working my brain again. I am a firm believer in K.I.S.S. methods, and this is such a system. It's very simple and very basic.

With that taken into account, this is by no means a finished or polished system. This is a definite work in progress with taking 2 proven technical ideas and combining them. And to be clear, I am not the inventor or creator of this system. Someone may have done this exact method before, but I just didn't see it. If this has been done before, please feel free to post the thread!

My goal with this thread is for people to help EACH OTHER and see if we can develop this into a very profitable short term trading technique. Lets try not to add USELESS indicators or indicators that contradict the original plan. What I mean by USELESS is indicators that completely have nothing to do or do not pertain to the technique at hand. For example: No indicators based on a little box that changes colors, no random MAs (unless you think they have a specific addition to the strategy), and no lagging indicators (makes backtesting impossible, and live trading aggravating and annoying).

Here some very basic rules for this thread:
1. Always be respectful to others.
2. Don't post any useless indicators.
3. Work together. We are all here for the same reason. TO MAKE MONEY.


THE STRATEGY:

- Open a M5 chart of your favorite pair. I choose GU or EU.

- Attach the basic Stochastic 5-3-3 indi.

- Draw some basic s/r levels to give you an idea of where the price could possibly stop, and also for extra confirmation on entries.

- Familiarize yourself with "pinbars". (Candles that close having a long wick, with a very small body, signaling a reversal in price)

- Look closely for Higher Highs and Lower Lows. Make sure you are placing trades on pinbars that are in fact, Higher Highs, or Lower Lows.
FOR SELLS (SHORTS):

The stoch is our filter. Wait for it to be overbought (above 80). When it is overbought, look for a pinbar to form. This is our trigger. When a pinbar is formed, place a sell position and set your SL 3-5 pips above the pinbar. Your TP can either be set a strong resistance level, or wait for a buy signal to form to close out your position.

FOR BUYS (LONGS):

Do the opposite for shorts (stoch needs to be oversold, below 20).

Again this is a work in progress! Let me know what you think so far, and lets get the gears working!

PS: Start posting those volume or oversold/overbought indies, haha

PPS: Sorry for the crappy quality on the image file. I don't know how to compress the size, yet make it good quality. Plus I have multiple 26 inch monitors, so the screen size is HUGE lol.