Vax Extra

Some stuff that I’m finding in the interim.

First of all, there is a use to have a marker at certain “stretches” on the ramping side of the volatility, not only the compressed side.

Figure 1:

The EurUsd is a likely sell upon the 200-sample long-side stretch exceeding 166 pips.

I spotted this earlier, and the plot is now adjusted to 165.5.

///Exit Conditon Up #3

if (ExtATRBuffer2[i]>165.5
)
   {
      ObjectCreate("Firstpulls"+IntegerToString(i), OBJ_TREND, 0,  Time[i+2], High[i]+200*Point, Time[i], High [i]);
                     ObjectSetInteger(0,"Firstpulls"+IntegerToString(i),OBJPROP_COLOR,clrRed);
                     ObjectSet("Firstpulls"+IntegerToString(i),OBJPROP_BACK,1);
                     ObjectSet("Firstpulls"+IntegerToString(i),OBJPROP_RAY_RIGHT,false);
                     ObjectSet("Firstpulls"+IntegerToString(i),OBJPROP_WIDTH,6);   
   }

At the same time, the downside can experience a much larger ramp (based on recent history).

The Teal tripper is at 266.

The concept of taking back 2 fractals comes next. This means 2 hourly fractals but a failure before the 3rd.

The third one of such calls (after having gone beyond the 166-line) only managed to take back 1 fractal before proceeding lower. There is a filter eliminating a Take Back 2 Fractals call if the low gets taken out in the next 5 hours, so there were some additional calls that the paint did not manage to dry on.

This brings us to the bear case at the current standing.

It took back 2 fractals, but failed before the 3rd.

There is one problem though. There is no proper top in place. The last Yellow Flip Over was at that 266 stretch on the downside. The direction remains up.

There is no top that is made with a BB squeeze (blue dots) or when the market is lulling at rest right next to the Daily E-9. The final leg, #7 (from the low) should experience a stretch condition of 2.8x from the Mean, which is the white line above.