macdulio3

Virgo Beats & Naked Outliers

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.

Based on the filters, there was a Beat-come-lately that very much looked like an outlier that was left without a beat. Looking left you could swear you were presented with a head when all the virgo beats got tackled in a single hour. You could even go as far as to say that there was no field trip attraction left with the off-beat O choking the prospects of the untouched Beat away.

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.