I have identified 3 kind of turns.
All 3 require price having moved outside the range.
The V-bottom at 0.995 belongs to the first group.
Second Color usually means price printing a high/low outside the range but closer than 25 pips, then a high/low in the 25/50 band and never going beyond this zone.


The 3 of the same Color has two different variations.
Var A: The Taper

Var B: The Divergence


Practice questions:



Color understanding
The gray means close proximity to the E121 hourly. I don’t usually count it as a color, but it does play as a color change as a second color.
The magenta is 64-100 pips away outside the range.
if (High[i]>NBEU[i]) {ObjectCreate("Zingende"+DoubleToStr(i), OBJ_TEXT, 1, Time[i], 58); ObjectSetText("Zingende"+DoubleToStr(i), CharToStr(110), 18, "Wingdings", clrTeal);
if (High[i]>NBEU[i]+250*Point && High[i]<NBEU[i]+500*Point) ObjectSetText("Zingende"+DoubleToStr(i), CharToStr(110), 18, "Wingdings", clrRed);
if (iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,25,i))>iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,60,i+26)) && High[i]-iMA(symbol,0,484,0,MODE_EMA,PRICE_MEDIAN,i)<640*Point) ObjectSetText("Zingende"+DoubleToStr(i), CharToStr(110), 18, "Wingdings", clrGray);
if (High[i]>NBEU[i]+640*Point && High[i]<NBEU[i]+1000*Point) ObjectSetText("Zingende"+DoubleToStr(i), CharToStr(110), 18, "Wingdings", clrMagenta);
}
else if (Low[i]<NBED[i]) {ObjectCreate("Zingende"+DoubleToStr(i), OBJ_TEXT, 1, Time[i], 34); ObjectSetText("Zingende"+DoubleToStr(i), CharToStr(110), 18, "Wingdings", clrSalmon);
if (Low[i]<NBED[i]-250*Point && Low[i]>NBED[i]-500*Point) ObjectSetText("Zingende"+DoubleToStr(i), CharToStr(110), 18, "Wingdings", clrGreen);
if (Low[i]>iMA(symbol,0,484,0,MODE_EMA,PRICE_MEDIAN,i)) ObjectSetText("Zingende"+DoubleToStr(i), CharToStr(110), 18, "Wingdings", clrGray);
if (Low[i]<NBED[i]-640*Point && Low[i]>NBED[i]-1000*Point ) ObjectSetText("Zingende"+DoubleToStr(i), CharToStr(110), 18, "Wingdings", clrMagenta);
}
Zingende means singing
Draad means drót.





Just don’t forget the shape.

Into the well known

From oversold to the force field of the Lema
