Hello
Attached is a screenshot from my TopCat software for the EURUSD hourly for the last few days. Did quite well getting 500+ pips. Market conditions are horrible now so standing aside (and also having to do day job :-(( as well so no market fun!). In this display mode, the bars are coloured green where we are LONG and red where we are SHORT. (Don't get these confused with colour coding of up and down bars). TopCat is only interested in HI/LO so OP/CL not shown.
TopCat stands for "Trend Optimised Phase-Cyclic Analysis Trader" and uses some very fancy DSP from my days designing the Nimrod Searchwater radar. The main filter has a smoothing equivalent to a 40-bar MA but with a lag of around 0.3 of a bar, coupled with excellent phase linearity. Main filter is the blue line with the range-gate trigger in red. Crossover marks entry/exit.
So in trends, we do spectacularly well, capturing up to 85% of the trend. In choppy whipsaws the radar clutter filter tries to keep us out (in the screenshot these are the white bars).
Good hunting!!
Attached is a screenshot from my TopCat software for the EURUSD hourly for the last few days. Did quite well getting 500+ pips. Market conditions are horrible now so standing aside (and also having to do day job :-(( as well so no market fun!). In this display mode, the bars are coloured green where we are LONG and red where we are SHORT. (Don't get these confused with colour coding of up and down bars). TopCat is only interested in HI/LO so OP/CL not shown.
TopCat stands for "Trend Optimised Phase-Cyclic Analysis Trader" and uses some very fancy DSP from my days designing the Nimrod Searchwater radar. The main filter has a smoothing equivalent to a 40-bar MA but with a lag of around 0.3 of a bar, coupled with excellent phase linearity. Main filter is the blue line with the range-gate trigger in red. Crossover marks entry/exit.
So in trends, we do spectacularly well, capturing up to 85% of the trend. In choppy whipsaws the radar clutter filter tries to keep us out (in the screenshot these are the white bars).
Good hunting!!