Hi Mates ! I must say that in last times I didnt read this thread so carefully like on it's begining, so I had to do my homework today
and read 100 last pages
It wasn't so hard, and took me only 5 hours (with dinner).
As for the improvments to Cat, I can just say that it is awsome!
98% false filtered! Great!
I have a little worried about the filtering with stoch without any restrictions,
( like in Update post with was posted by Nina ) Becouse the stoch step depends from history that u have in metatrader. But I'm not saying that this is bad method, I just don't feel with that confident, becouse I like to keep everything under control. Anyway even if someone will use stoch with 2000 and 9000 bars it and wach emas carefully, he will filtrate many false signals, and for sure make a lot of pips and that is what i will to all to you.
I have also some gift, I read that some of people using this system wanted to have alerts on ema crosses. So I made that indicator, and with that ocasion I added to it also bar colorizer
, the colors are described in image attached to that post. Now the setup:
ma1 = Moving average 1 peroid
ma2 = Moving average 2 peroid
ma3 = Moving average 3 peroid
ColorBars120 - Turn color on/off
ColorBars50 - Turn color on/off
Use comments - turn comment on of
UseXXXalerts - Turn alerts on off
AlertXXXrange - that param makes space +- up EMA so when the price is in that channel U will se the alerts.
For example:
The moving average alerts 50 is true
The range for moving average 50 alrts is set to 1
The moving average value is 1.7385, so when the price will be >= 1.7384 and <= 1.7386 U will se the alert.
I hope U will like this tool
Regards
Kale