macdulio3

Fractal Eval #2

A few things first for a framework.

You can divide the market in two categories based on daily volatility. Mapping is a high & expanding volatility market, whilst a low volatility market is usually a tracking market, going nowhere fast.

My proxy for the volatility is the width of the daily 30-sample BB (HL2), when below 380 pips, that’s the Tracking zone.

ExtATRBuffer[i]= (iBands(symbol,0,30,2,0,PRICE_MEDIAN,MODE_UPPER,i)-iBands(symbol,0,30,2,0,PRICE_MEDIAN,MODE_LOWER,i))*10000;

The tracking market is producing spike highs and lows and when finding nothing better to do, it retests these spikes (a re-test is a hit within 4 pips, and the timer starts 1 hour later). The yellow lines are being carried over asking for a test.

This lead-up is just for a smirk at an imbecile YouTuber, who is calling these missing backtests “imbalances.” What exactly is not in balance here?

The second thing to talk about is gauging strength.

This is my contribution here. 11-sample high and lows on the hourly displaced by 82 pips and delayed by 6 hours.

The Karma of the market is that strength becomes weakness, weakness becomes strength. This clearly explains “The Shape”.

ExtUpperBuffer3[i]=iLow(symbol,0,iLowest(symbol,0,MODE_LOW,10,i+6))+820*Point;
       ExtLowerBuffer3[i]=iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,10,i+6))-820*Point;

Now, the main course is that within the Tracking market, the boss thrusts tend to be 90 pips long. Let’s call them a blast, or “turning point” (life investment).

The sequence is Acceleration, Higher High – even if it was 1 pip, then the thrust that went outside the strength contraption.

This blast is virtually the mirror image of this one below.

The Lower Low was 11 pips out. 10-16 is the normal beat.

Make note that they both made a run for the opposite yellow and had virtually no counter moves on the first leg.

By the way, during the Mapping market, the Boss Blast is 169 pips measured from the consolidation mean.

Based on the earlier image, there would be a miss of the opposite yellow line next (perhaps with an Escrow, Adjustment high, and a Thrust sequence to underline the event).

If I had to guess, I would think the low would receive a back test (at least the previous one did, and made a 5-pips beat prior), but the same time, you have made 3 fractals already, so I think it is a matter of how we open that gets to decide over going back down first or not.

Witnessing history here:

The Thrust Finder algo.