Virgin POC? How about one better?
If you see a purple line below the price, you are in an uptrend. Re-visiting a POC does not necessarily mean a reversal. Taking out some indigo does – after the ink has dried of course.
Lots of lines stacking up = donations are being collected for a field trip.
So, let’s pick the theme for this article. We built this city with Felicity – would do.
It would be low pay-grade to pitch a Naughty By Nature hit here based on the presence of the letter O and B. What? G.Y.N.? Like I said it in the beginning, we can do one better.
Let’s zoom in on what is going on here.
Now, if you are curious about the applied filters, there’s truly nothing fancy.
(RSI2[i]>0.8 || RSI2[i+2]<1) iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,i))<iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,22,i)) (RSI2[i]>91 || RSI2[i]<86) (High[i]-iMA(symbol,60,16,0,MODE_EMA, PRICE_MEDIAN,i)>260*Point || RSI2[i]<94) !(High[i+1]<High[i+2] && High[i+3]<High[i+2]) iLow(symbol,0,iLowest(symbol,0,MODE_LOW,2,i))>iLow(symbol,0,iLowest(symbol,0,MODE_LOW,22,i))
The title of the routine? You know what? OBB. I could not think of anything better, pardon me.
Naked outliers, how significant are they? Let’s find out & include them in the shape of the Aquatic empire.
For more on Outliers / Beats & leg counts see my blog entries of late – rolling the credits now.