Old Ideas

I do go back to my Holy Graph chart to check my naked holdings balance at times.

It is actually amazing how many things I managed to got working many many years ago in terms of a self interpreting chart.

For one thing the relevance of the 21-week EMA – which is 2528 EMA HL2 on the hourly, I named it Kabash.

The other circled plots are calling the plot, such as “BUSTED” and “Grand Exit”. The E-89 / 8-hours denomination is another main MA I used to track – iMA(NULL,0,89*8,0,MODE_EMA, PRICE_MEDIAN,0).

Beside the top call, here’s the bottom call with a mean reversion target:

The stochastic bars hybrid can be infinitely utilized for calling both Faith Healers and reversal divergences. The bottoms’s upper projection was only topped by 10 pips upon the reversion, but at the same time Out of Control Buyig commenced by then.

Anyways, in terms of futura, only the Final Divergence is missing now, #6 low has already printed with a Flash Gordon divergence.

I’m trying to get some unform signal going between the two main charts (30 min & 1 hour), the blue divergence to go a little more crazy and push the pencil more breathlessly away from the last plot. Of course, the 1H momentum divergences would be plotted with 2x longer delay relative to the 30m ones, but what matters is the visual reminder.

/// 1H momentum divergence on the upside

 if (iFractals(symbol,0,MODE_UPPER,i) && High[i]<iBands(symbol,60,30,2,0,PRICE_MEDIAN,MODE_UPPER,i) && High[i]==iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,30,i))
 && RSI2[i]<97
 
  ){
   j=i+6;
   while (j<=i+24){
      if (RSI2[j]>RSI2[j+1] 
      && RSI2[j]>RSI2[j-1] 
      && RSI2[j]>92.5 
      && RSI2[j]>RSI2[i]
       && High[j]<High[i]
      ) break;
    j++;  
   }
  if (RSI2[j]>RSI2[j+1] 
      && RSI2[j]>RSI2[j-1] 
      && RSI2[j]>92.5 
      && RSI2[j]>RSI2[i]
       && High[j]<High[i]
 // && Low[j]<iBands(symbol,30,30,2,0,PRICE_MEDIAN,MODE_LOWER,j)
  && Low[j]<iBands(symbol,60,30,2,0,PRICE_MEDIAN,MODE_UPPER,j)+10*Point  
   ){
         ObjectCreate("Cobra120BPMMM"+IntegerToString(i),OBJ_TREND,0, Time[i], High[i], Time[j], High[j]);
      ObjectSet("Cobra120BPMMM"+IntegerToString(i),OBJPROP_COLOR,clrBlue);
      ObjectSet("Cobra120BPMMM"+IntegerToString(i),OBJPROP_WIDTH,16);
      ObjectSet("Cobra120BPMMM"+IntegerToString(i),OBJPROP_RAY_RIGHT,0);
   }
 } 

Lastly, I may be scaling out of shorts starting 1.0651. All shorts currently are set to 1.0636, but a manual close out is likely depending on the speed of the move.

I thought it would make it rain this week, currently sitting at $400 closed out trades. I did make back a whole lot of equity though, around 3K – lots of break even close outs.

Statement from the 1st of Aug. 2023