CatFx50 - page 259

Dave1
231
Dave1  

Thx Nina, your motto, nothing could be more true. Have a nice weekend.

mibl
410
mibl  
questormon:
Does anyone have any idea why the number of bars in the chart would drop from over 9000 to about 500? I had all my charts set with over 9000 bars for trading the CatFX50, but this morning, I noticed the StepMA histogram was not drawing, then saw the bars in the chart was at 514. I restored the number of bars by scrolling backwards to load the bars back into the chart, but I do no understand why the number of bars had chaged.

Hi,

MT4 stores the historical data in *.hst files in the "history" folder, sub folder with the Name of your provider. F.e. for NorthFinance in a folder ./history/North Finance-Demo.

Perhaps the explanation is:

- It could be that MT4 didn't find these files anymore.

- The files are corrupted

- You changed your broker / data feed (another foldername is created with new files)

- You change your timeframe, because for each pair in each timeframe there is an own file.

hope that helps

mibl

mibl
410
mibl  
excess:
Just a wrong calculation

Hi excess,

you're right. But we talk still about a 200 Daily-Maximum-Pips-Range.

With 1 to 3 trades, everyone who is a little practiced in trading could made at least 40 to 50 pips today - others even more.

have a nive weekend

mibl

svirgo
140
svirgo  

Average weekly/monthly pips

Has anyone done a weekly / monthly calculation of pips on what catfx is producing on an average?

If you have that information can you post that here please for each pair.

Thanks.

nina
2768
nina  

Hi!

Here you have a link if you want or need the indicators of CatFX50.

https://www.mql5.com/en/forum/trading_systems

Nina

nina
2768
nina  
svirgo:
Has anyone done a weekly / monthly calculation of pips on what catfx is producing on an average?

If you have that information can you post that here please for each pair.

Thanks.

Hi, Svirgo!

I can not answer your question with exact numbers. All I know is that CatFX50 gives you 500 pips per month at least.

Sorry, it would be nice to have a volunteer that calculate that.

Monday 3rd is a good day to start with.

Nina

SPACECHIMP
138
SPACECHIMP  

What does the 50EMA 'apply to' in the CATFX method?

i don't remember reading it in this thread (open, close, high, low, etc..)

I know that the I_FX_T uses a 50ema applied to 'Previous indicator's data'

nina
2768
nina  
SPACECHIMP:
What does the 50EMA 'apply to' in the CATFX method?

i don't remember reading it in this thread (open, close, high, low, etc..)

I know that the I_FX_T uses a 50ema applied to 'Previous indicator's data'

Hi!

Close, Spacechimp, close.

Nina

mibl
410
mibl  
svirgo:
Has anyone done a weekly / monthly calculation of pips on what catfx is producing on an average?

If you have that information can you post that here please for each pair.

Thanks.

Hi svirgo,

it's very difficult to say in general because of catfx gives you indeed mostly a very good entry signal, BUT the exit and the way you handle your stops (trailing, scaling, target profit) has a lot of influence in what profit you can fetch.

See for the influence of the applied stop technique the attached example: Cable 28th march, entry 8:30cet at 1.7460 - a high had been at 1.7482 at the 10:30 candle. Perhaps you realized some pips near this high. If you had already trailed the stop for the rest to entry at that time, you'll stopped out at entry at the 11:00 candle afterwards.

If you had a little more space (low was at 1.7458) for it you had a chance to close this trade near the high at 1.7533 15:30 cet.

If the pair had developed another way and had gone south instead to the north the first mentioned way to trade had been the more profitable one.

What I will say is: Take the words of nina to your heart "focus, patience, discipline" and I add here "at any time". Only that will bring you enduring "real" pips with catfx (where you can buy something from) -> then you are a good trader and you'll get the pips with catfx - on the other side you'll get none or worser - loose money even with catfx.

happy trading

mibl

Files:
fx_002_1.jpg 123 kb
frayed
43
frayed  

Attached is a zipped excel file with an indicator I think is called Sigma. The worksheets and scroll chart might be useful for testing by those who are not programmers. Like me. I have been looking at it with CatFx50 signals and it seems that it might be useful for short term targets and stops. If any programmer types find it beneficial maybe you would build an indicator in MT4.

If not I hope someone will find some benefit in the workbook.

Files: