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CatMan Trade

Posted: Fri Feb 02, 2007 1:59 am
by Robert2617
I read on the http://mtrader.com website a while back about the "CatMan DayTrade" (there is a different one on their site now). I printed out the old one way back when so it could be recreated. This would be a good SM Trade Indicator.

How to Create it:

1.) Use on a 15 candlestick chart for wider-ranging stocks or 1 minute chart for steadier stocks with less momentum and more volume like MSFT, AAPL and CSCO.

2.) Add Stochastic: %K (P=14)

3.) Add MA's: MA5 and MA15

The Signals:

1.) The Aggressive Long - Consevative Cover:

A sudden drop in the %K to 0 and an upward curving in the MA5.

This is first early signal indicating a bottom.

2.) The Conservative Long - Aggressive Cover

A crossing of the MA5 above the MA15.

This is the second lagging or confirming signal indicating a bottom.

3.) The Aggressive Short - Conservative Sell

A sudden sharp spike in the %K to 100 and a downward curving in the MA5.

This is the first early signal indicating a top.

4.) Conservative Short - Aggressive Sell

A crossing of the MA5 below the MA15.

This is the lagging or confirming signal indicating a top.


The SM could be:
For number one you get a yellow that says AL-CC.
For number two you get a green with CL-AC.
For number three you get a yellow AS-CS.
For number four you get a red CS-AS.

Could be a one button indicator to save space.

Works both ways. Want to tackle this one Avery? Then you could go to their site, tell them about it and get banned. :) I think it would be a very good trade indicator. I wish I would have saved the chart image they had so I could post it for you. It looked like it would really work well.

If not maybe some one will find this info helpful. Cheers...

Posted: Fri Feb 02, 2007 2:07 am
by Robert2617
In case you decide to create this as radar, here is the formula for %K so you don't have to look it up.

%K= 100 x [(Recent Close - Lowest Low (n)) / (Highest High(n) - Lowest Low9(n))]

http://stockcharts.com/education/Indica ... lator.html

Posted: Fri Feb 02, 2007 4:30 am
by TheRumpledOne
I use HORIZONTAL LINES now.

No more "squiggly" lines for me.

Posted: Fri Feb 02, 2007 4:54 am
by Robert2617
TheRumpledOne wrote:I use HORIZONTAL LINES now.

No more "squiggly" lines for me.

That is why I was thinking it would ba a good SM. :shock:

Thanks anyway. I'll keep it on my wish list. I appreciate all you have done already. Maybe there is a Slot already created that these values would work in?