Originally Posted by nina

Hi!!!

Ok, mates, I think it's time to tweak a little more CatFX50.

Plot EMA50
Plot EMA120
Plot MAX Moving Average with this setting:
firstback 50
secondback 14
countbars 500
power 2

Plot StepMA_Stoch_v1H
Plot Hist_StepMA_Stoch_KV1_Ex_02 with this setting:
No filters
500 bars

About StepMA_Stoch_v1:

This is the original indicator of CatFX50. It will give less signals, but it has an accuracy above 90%.

About Hist_StepMA_Stoch_KV1_Ex_02:

It is more agressive. It gives more signals and allow us to take level 2 trades.

Use them together and, according to how you see the market and yourself, be more agressive or conservative. When both give same signal at the same time: GO!

About MAX Moving Average:

It is optional. It will allow you to trade the crosses with EMA50. Do it only if Hist_Step validates the cross.

The cross can be used as an exit after a regular signal too.

Remember, you do not need to take the crosses to trade CatFX50. You could grab some pips if you do, but you could lose some too.

About EMA120:

When EMA50 is above EMA120, market is long.
When EMA50 is below EMA120, market is short.

When they cross there is a shift in sentiment.
EMA120 acts as support and resistance.

Note:

With StepMA_Stoch, for instance, we had a long on cable the 13th at 1.7289.
That long made a high at 1.7592 the 16th for 303 pips. That long should've been closed today (09:00cet) at 1.7512 for a +223 pips.
Cable is short now (09:00cet) at 1.7512. Made a low before reverse at 1.7462 for a +50 pips.

Nina