macdulio3

Recognito

An update of the rabbit hole I chose.

The magenta stripes are signals of energy exhausion having goine too deep, therefore a HH / LL is in the cards.

if (ExtMapBuffer[i+1]<34 || ExtMapBuffer[i+2]<34 || ExtMapBuffer[i+1]>46) ObjectSet("FOCUS"+IntegerToString(i),OBJPROP_COLOR,clrMagenta);

Now, with the bullish context, this only means a beat of 5+ pips on the downside and 20+ pips or so on the upside.

  if (Close[i+1]<iMA(symbol,0,480,0,MODE_SMA,PRICE_MEDIAN,i+1) && Low[i+1]>iBands(symbol,0,480,2,MODE_SMA,PRICE_MEDIAN,MODE_LOWER,i+1)){
                ObjectCreate("Failb"+IntegerToString(i), OBJ_TEXT, indicator_window, Time[i], 55); 
            ObjectSetText("Failb"+IntegerToString(i), " Buy LL @ "+DoubleToStr(NormalizeDouble(iLow(symbol,0,iLowest(symbol,0,MODE_LOW,100,i))-50*Point,4),4), 31, "Impact", Maroon);
            ObjectCreate("Failbx"+IntegerToString(i), OBJ_TEXT, indicator_window, Time[i], 55); 
            ObjectSetText("Failbx"+IntegerToString(i), "Buy LL @ "+DoubleToStr(NormalizeDouble(iLow(symbol,0,iLowest(symbol,0,MODE_LOW,100,i))-50*Point,4),4), 31, "Impact", Chartreuse);}
          if (Close[i+1]>iMA(symbol,0,480,0,MODE_SMA,PRICE_MEDIAN,i+1) && Low[i+1]>iMA(symbol,0,1424,0,MODE_SMA,PRICE_LOW,i+1) ){
                ObjectCreate("Failb"+IntegerToString(i), OBJ_TEXT, indicator_window, Time[i], 55); 
            ObjectSetText("Failb"+IntegerToString(i), " Sell HH @ "+DoubleToStr(NormalizeDouble(iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,100,i))+200*Point,4),4), 31, "Impact", Maroon);
            ObjectCreate("Failbx"+IntegerToString(i), OBJ_TEXT, indicator_window, Time[i], 55); 
            ObjectSetText("Failbx"+IntegerToString(i), "Sell HH @ "+DoubleToStr(NormalizeDouble(iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,100,i))+200*Point,4),4), 31, "Impact", Red);}

The red stripe comes from me having been using red color for continuation divergences (price too close to the median).

if (MathAbs(Close[i+1]-iMA(symbol,0,480,0,MODE_SMA,PRICE_MEDIAN,i+1))<200*Point) ObjectSet("FOCUS"+IntegerToString(i),OBJPROP_COLOR,clrRed);

Concusions. There is not often you get to see a method that is being used by exactly 1 person on the planet. It is truly futile to wanting to make a video about this, it would be simply for noone.

Based on this method, a low was made (including the lower low beat), therefore the next thing that would have to be recognized is a high. I fully expect that my 3 expressions would promt me a signal and I would not need to make any changes until then, but I would consider adding some longs on the way up. I think that a 1.0975+ print would likely be made, and the high is within the scope even with the current level of consolidation (“N:” for North). It is still about the two umpires and the awfully wide moat giving support just below. Price, by the way is actually 7 pips higher, only the spread makes it look like it has pulled back deeply and closed below the Umpire line (middle chart, onterrupted brown) whereas it closed more like at it. There was another corver low (CLOW) made on Friday and a Higher High seems to be missing for a reversal divergence, whilst the daily stochastic is embedded.

I would think a weekly reversal should be taking place this coming week where the Weekly RSI2 would print something below 87.5

There is an upper axis in the 1.12s (if things would get carried away). Look back, on the left light green field when the stochastic went into the 90s, there was anotherother move up that ended up with a Higher High & a lover reading. That’s what is missing here.