It is easy to forget that you are on the 4H chart, which does not yield precision signals.

The magic box is the reminder for this uncertainty. This however comes with something extra.

Point.

The penetration into the box yields info on the future progression.

You are looking at the boxes in chronological order.

A 50% plus penetration into the 64-pip box means continuation after correction.

The Upper Guard rail is a regular correction. The Deep Correction is 60 pips out, the extra deep is 120+ pips out.

At the bottom the magic socks only slipped 1/3 way into the box. This meant no more continuation.

Again, these are ALL the boxes that plotted.

There were 2 on the way up.

Pay attention to the upper limit of the box. After the Humvee series (End Of Move down) the backtest NEVER went beyond that level.

I think we’re about to get an important piece of info here on if we have more downside to come. A push below 1.0679 would mean continuation after correction. A failure to go beyond 1/3rd would mean NO MORE DOWNSIDE.

Dr. Alban’s Hump 1>

/// insta toffee dn magenta  
   
   if (i>0 && Low[i]<guardraild[i] && iMFI(symbol,0,14,i)<iMFI(symbol,0,14,i-1) && iMFI(symbol,0,14,i)<iMFI(symbol,0,14,i+1) && iMFI(symbol,0,14,i)<25 && iMFI(symbol,0,14,i)>12 && iRSI(symbol,0,2,PRICE_MEDIAN,i)<.5){
         ObjectCreate("LOTUS"+IntegerToString(i),OBJ_VLINE,0, Time[i], 0);
      ObjectSet("LOTUS"+IntegerToString(i),OBJPROP_COLOR,clrMagenta);
      ObjectSet("LOTUS"+IntegerToString(i),OBJPROP_WIDTH,3);
      ObjectSet("LOTUS"+IntegerToString(i),OBJPROP_BACK,1);
      
       ObjectCreate("LOTUSb"+IntegerToString(i), OBJ_RECTANGLE, 0,  Time[i+3], Close[i], Time[i-1], Close[i]-640*Point);
       ObjectSetInteger(0,"LOTUSb"+IntegerToString(i),OBJPROP_COLOR,clrPowderBlue);
       ObjectSet("LOTUSb"+IntegerToString(i),OBJPROP_BACK,0);
       ObjectSet("LOTUSb"+IntegerToString(i),OBJPROP_WIDTH,5);   
   }


/// insta toffee dn pink

     if (i>0 && Low[i]<guardraild[i] && Low[i]<lowerbumper[i] && iRSI(symbol,0,2,PRICE_MEDIAN,i+1)<1 && iRSI(symbol,0,2,PRICE_MEDIAN,i)<1 && iRSI(symbol,0,2,PRICE_MEDIAN,i-1)>iRSI(symbol,0,2,PRICE_MEDIAN,i)){
         ObjectCreate("LOTUS"+IntegerToString(i),OBJ_VLINE,0, Time[i], 0);
      ObjectSet("LOTUS"+IntegerToString(i),OBJPROP_COLOR,clrDeepPink);
      ObjectSet("LOTUS"+IntegerToString(i),OBJPROP_WIDTH,3);
      ObjectSet("LOTUS"+IntegerToString(i),OBJPROP_BACK,1);
      
        ObjectCreate("LOTUSb"+IntegerToString(i), OBJ_RECTANGLE, 0,  Time[i+3], Low[i], Time[i-1], Low[i]-640*Point);
       ObjectSetInteger(0,"LOTUSb"+IntegerToString(i),OBJPROP_COLOR,clrPowderBlue);
       ObjectSet("LOTUSb"+IntegerToString(i),OBJPROP_BACK,0);
       ObjectSet("LOTUSb"+IntegerToString(i),OBJPROP_WIDTH,5);   
   }