Simple's Green Room

[pennies2007]

That's pretty interesting SG. Compressed bollies in the top or bottom zone gives us a heads up for potential reversals.

I'm thinking Git's programming skills would be really handy right now on the Stoch Histogram. Remember his RIS3 for multiple pairs? Wouldn't it be neat if he could set up something to show the levels on the Stoch Histogram for one pair on multiple time frames all on one chart....1 minute on up. All sorts of neat setups that could occur. For example, in an uptrend, we could watch for potential pullbacks on the hourly back to the key 25 level and maybe that would correspond to a pullback to the 0 level on the 5 or 15 minute chart...double support levels that could lead to a resumption of the trend and give us a heads up for a nice entry.

Just a thought...