Get With the Program pt. 4

First, some actualities.

The market printed a D and a DDI to the upside.

The first lesson is: You do not trade what you think, you trade what you see.

And how handy it is that my indicators have visual capabilities way beyond any human being.

The God Awesome indicator called the swing to the DDI-t high an end line (in purple) and plotted S1 and S2 down below. It also highlighted the sharpies at the very top. The red 2×2 preliminary topping warning was from this indicator as well.

Of course you already knew about the swing buy level being at 1.1462 – thanks to my _RSI2_ plots (see previous post).

The 88 Luftballons indicator called the D, plotted its box, called the DDI, put out the omega signals, showed the cyan backed time out resistance, the D to the downside – with its box, etc.

As a human trader to maximize your potential, you need burn some principles inside of you.

Principle #1: Load Up and Let It Run.

In order to invest in a direction, scaling in is advised inside your shopping area. The maximum, invested size is based on the available equity, and my 88 Luftballon’s stats screen, can provide you with this information. (M.L.=Maximum Lot size based on 1:200 leverage)

The positions would have to be opened without stop losses. Your flash crash protection should be a Ratio Hedger running in the background.

You should set a generous target to an obstacle near to what the market is capable of reaching to on the given day (see my 15-min ATR Targets) routine. The current swing lines are always players.

Upon receiving the any D print (SD, D, DDI, DDI-T), you should adjust the positions to and “other than 0”. This means for instance with the EUR/USD that the longs would be set say 0.1 stop loss and the shorts 2.0

With this move you instruct my Smart Trail Stop to start handling the running positions as “game” which would result in a trail stop being dragged behind by 1/2 fluctuation size (16 pips).

You should also consider closing out some of the positions inside the D-projection boxes.

Between the 2, 2x2s you have a channel looking thing going on. Price is back in the oversold, and this looks like a bull flag.

There are certainly things pointing to 1.1416, the lower reversal zone showed by the Comfort Levels 4H indicator, so does the 15M ATR Limit, not to mention my Market Maker Lines DC (plus the Projected Distance line above on the 4H chart).

We have to take it one step at the time. We think about the possibilities, but we do not fight the market. At this point we need a D, any D on the upside to go short again. Until then, don’t short!

The current pullback to the Green River is a mean reversion, and this is way more bullish than bearish.

Get With the Program pt. 3

Two more images for you first, then we’re going to continue with the heavy part.

Flow chart piece – easy enough still.

Now, for some fine tuning / sophistication.

You could read off the images that the 2 bull – 2 bear and the reverse are the tell tales of a sharp turn, or a crazy Ivan move.

Let’s try to find parallels and differences between the two ABC corrections of late. Our timing device is a 13 and a 44 sample Hull MA, their relationship plotted at the bottom.

This sell-off had the rationale to back test a break out / RSI2 divergence level.

It had impulsive waves at the beginning and at the end mirroring the other’s steepness / speed.

The length of the B wave was about equal to the length of A wave + C wave.

The total correction took about 30 bars = 15 hours.

The rationale was to back test a break out / RSI2 divergence level, but it failed to punch into it.

Impulsive strength selling was present towards the ends of the correction, not from the beginning.

The length of the B wave was less than 1/5th of the length of A wave + C wave.

The total correction took about 30 bars = 15 hours.

(The 2×2 text shows the back to back 2 bear 2 bull candles, that normally preceds a top – here it coincides.)

There is one more clue you can read out of the chart with the help of my 88 Luftballon indicator:

There was overt eagerness in selling, for as soon as the Driven box was plotted, it thrusted into it.

I have yet to include the driven condition as a reversal.

Better. As you can see, one more leg down with terminal length would take price to the Swing Buy level of 1.1462; yet I don’t expect price to reach beyond the teal RSI2 support. From the looks of it this was another shy away from the projected distance line.

Price just broke the continuation divergence displayed by my God Awesome indicator, and is on the way up to 1.1524. This should be your wave 1 up.

Market Makers had their opportunity to square their shorts.

Get With the Program pt. 2

Today I just brought slides to study from silently.

This was the ATR projection for the day…

There was an article earlier about the Slope of Nope.

Mr. God Awesome was on top of finding terminal length waves (and sharpies), as usual…

In closing, let’s see what my Market Maker lines DC has to say…

Get With the Program pt. 1

To be in picture, you should have a flow chart made up – and helpful indicators don’t hurt either.

Here is your very first entry.

Strong off the bottom. The larger context was that the market made an omega on the 2nd of January due to excessive selling. (This would be displayed by my 88 Luftballons indicator.)
But even if you were not aware any of that, you should still be capable to spot the violent move up that was faster/steeper than the sell off triggered on the NFP Friday. That strong off was the start of the shape.

The Omega was the Alpha of the current move up (multiple hits of the Forest).

The shape covers the scenario where there is no overbought embedding.

It is easiest to have projection values displayed at about 1.5x the length of the initial qualifying move.

I need to start inserting codes in the body for the WordPress new editor does not allow me to upload zips any more.

//Projected_Distance_Lines by Macdulio
#include <stdlib.mqh>
#property copyright "Macdulio" 
#property link      "" 
#property description "Projected Distance Lines Fitted"
#property description ""
#property description "Lines based on 3-hour moves"
#property description "exceeding 1/3 of the last 3-days"
#property description "Average True Range"
#property description ""
#property description "Call them extensions"
#property indicator_chart_window
#property indicator_buffers 15
#property indicator_color1 Black
extern int maxlines = 15; 
extern int displaylength = 25; 
double lines[];
double mid[];
double line1[];
double line2[];
double line3[];
double line4[];
double line5[];
double line6[];
double line7[];
double line8[];
double line9[];
double line10[];
double line11[];
double line12[];
double line13[];
double line14[];
double vbru[];
double line15[];

int init()


int start()

   int      i,pos,c_b=IndicatorCounted();;
  ArrayResize(lines, maxlines);
  ArrayInitialize(lines, 0);
  ArrayResize(line1, 100);
  ArrayInitialize(line1, 0);  
  ArrayResize(line2, 100);
  ArrayInitialize(line2, 0);  
  ArrayResize(line3, 100);
  ArrayInitialize(line3, 0);    
  ArrayResize(line4, 100);
  ArrayInitialize(line4, 0);  
  ArrayResize(line5, 100);
  ArrayInitialize(line5, 0);  
  ArrayResize(line6, 100);
  ArrayInitialize(line6, 0);  
  ArrayResize(line7, 100);
  ArrayInitialize(line7, 0);    
  ArrayResize(line8, 100);
  ArrayInitialize(line8, 0);    
  ArrayResize(line9, 100);
  ArrayInitialize(line9, 0);    
  ArrayResize(line10, 100);
  ArrayInitialize(line10, 0);  
  ArrayResize(line11, 100);
  ArrayInitialize(line11, 0);    
  ArrayResize(line12, 100);
  ArrayInitialize(line12, 0);    
  ArrayResize(line13, 100);
  ArrayInitialize(line13, 0);      
  ArrayResize(line14, 100);
  ArrayInitialize(line14, 0);  
  ArrayResize(line15, 100);
  ArrayInitialize(line15, 0);  
    ArrayResize(vbru, Bars);
   ArrayInitialize(vbru, 0); 
    ArrayResize(mid, Bars);
   ArrayInitialize(mid, 0);     

 double ATRAVG=(iATR(NULL,1440,14,1)+iATR(NULL,1440,14,2)+iATR(NULL,1440,14,3))/3;
  for(i=30; i>=0; i--) {  
              if ((iHigh(NULL,60,i+3)-iLow(NULL,60,i))>ATRAVG/3 ||  (iHigh(NULL,60,i)-iLow(NULL,60,i+3))>ATRAVG/3 ) {
                  if (iHigh(NULL,60,i)>iHigh(NULL,60,i+3)) {vbru[pos]=iHigh(NULL,60,i)+(iHigh(NULL,60,i)-iLow(NULL,60,i+3))*.55; pos=pos+1; }
                  else  {vbru[pos]=iLow(NULL,60,i)-(iHigh(NULL,60,i+3)-iLow(NULL,60,i))*.55; pos=pos+1;                        }


  for (i=1; i<=250; i++)
        if (vbru[i]>0){  mid[pos]= vbru[i]; pos=pos+1;}

   while(i<maxlines && pos>0)        
               if (i==pos) break;
               if (mid[i]!=EMPTY_VALUE) lines[i]=mid[i];

   for (i=0; i<=displaylength-1; i++) {
      if (lines[0]>0) line1[i]=lines[0];
      if (lines[1]>0) line2[i]=lines[1];
      if (lines[2]>0) line3[i]=lines[2];
      if (lines[3]>0) line4[i]=lines[3];
      if (lines[4]>0) line5[i]=lines[4];
      if (lines[5]>0) line6[i]=lines[5];
      if (lines[6]>0) line7[i]=lines[6];
      if (lines[7]>0) line8[i]=lines[7];                
      if (lines[8]>0) line9[i]=lines[8];
      if (lines[9]>0) line10[i]=lines[9]; 
      if (lines[10]>0) line11[i]=lines[10];
      if (lines[11]>0) line12[i]=lines[11];
      if (lines[12]>0) line13[i]=lines[12];
      if (lines[13]>0) line14[i]=lines[13];
      if (lines[14]>0) line15[i]=lines[14];


With the above routine you could had had a good idea about where the thrust could had arrived at. (You can also find the upside projection value with numbers on the stats screen of the 88 Luftballons, which derives its values from 4H samples vs the one here, that uses 1H data).

(U: lists the last upside projection value, D: the downside, SAR is the 4h parabolic SAR’s next, guestimated value, DP is the Deep Pink or the 4H LEMA.)

In the “Shape” scenario the overbought readings would remain damaging, and do not turn into nurturing.

Now, the other scenario.

You need to define the environment every time coming into the day. Download the free 15-minute ATR targets for getting the daily ATR limits fitted on the chart.

This is a different version, but the same calculation, which is based on the 3-Day Daily Average. N is north, S is south. The closer number is the “overbought”, and the further is the “all out”. Often, the number attained would fall between them. If the “all out” gets exceeded, that may mean a climax / capitulation day. The arrow is merely showing that price is currently above/below the last consolidation mean.

The second very important thing to notice are the (long term) Comfort Levels that I have been citing for quite some time.

The indicator is free, you can find it on the blog.

The purchase of the 10% line points to Institutional buying. The reason was most likely the previous move (that sustained for a while) above the Deep Pink displayed by my LEMA30N indicator (free to download). Such investment would likely have a target at 50% or the very least an additional 25% away from the opening price. 35% is around 1.1680 and 50% is at 1.1890.

Busy image coming up, brace yourself!

The day ended with a break above the time out support and a consolidation just below the time out resistance. By the time price took out the RSI2 divergence teal field, we had multiple break outs on our hand. Sustaining above the overbought level (white line), after the 4th open, price became embedded, which is one way to describe the trending condition (the indicator on the bottom is my _RSI2_ indicator).

Remember that only excessive / climax buying/selling can permanently reverse the price, and time out stalls, head and shoulders would only have short term effect against the current.

Indicators for sale (ex4 only, no source code)

88 Luftballons – £88 God Awesome V1.5 – £114

_RSI2_ – £55 Market Maker Lines DC – £99

Market Profile Basics

What is the market?

It is an atlas ball, that’s right, it is a snow plow…

The market is also a step down voltage regulator.

Here is what I posted upon seeing the weak structure of the sell-off on the 2nd of January:

Now, where did I get those numbers from? (Not the year, that was somehow not updated by me.)

From the market profile that was displayed by my 88 Luftballons indicator.

(I don’t have a better screen shot for the day, sorry).

What you need to understand here is that the single prints (ones, twos) are representing the absence of time spent in the area, which comes with lack of interest. People are holding their trapped positions in the blacks, and they cover in the vacuum for a better than break even.

Price would usually penetrate the vacuum a bit, eat up the little amount of orders there, then would turn back.

The step down idea as follows:

My market profile is displayed on the 30 minute chart. Price can hit another kind of void, the big drop between the step heights. If there is say a 8-10 difference between the numbers, that means that perhaps for close to a length of an entire session (4-5 hours) an are was left out.

Filling in the blue areas is called repair of the structure, for a single prints structure is a weak structure, and is in danger of being re-visited.

Progression in the blue areas is relatively quick because of having not too many orders (but requires continuous buying/selling at market by someone with funds), other than at the step down area, which may cause a reaction first.

Littering the low density space is how the market retraces.

To say something about the future: there is no number above the 6 print, and the upside cannot be considered as finished without an excess (single prints) – that’s another repair to be had.

Market Sports – It Runs

Does the market have a gender?

Perfect timing today; we have just witnessed the soccer / football / consolidation playing both sides yesterday.

A brief gap up – ever so slight – secured the false break on the upside. (Buy the gap fill & go!)

Now, how could you had known that the upside break was doomed?

The market was embedded 4H overbought.

After the 3rd close up in the overbought area, the market developed an overbought safety.

There was 1 close where, the overbought status was briefly lost, but they could save it. Nevertheless, there were chinks showing up in the armor (not a good omen).

But how could you had known if you did not have my _RSI2_ indicator?

For one, you could had downloaded my Comfort Levels 4H for free, to realize that the consolidation was taking place right under the oversold neckline. Not above it.

I kept on mentioning these two numbers on the front page of the blog. The LT (long term) deeply oversold and the LT oversold levels.

The problem with a market that is overbought, that it is not likely to sustain a break, especially not from out of the oversold zone. Granted, the largest and quickest moves come from the zippy commute between the oversold and the overbought necklines – but the consolidation would have to take place in our case above the oversold neckline – which did not happen.


It stands for Double Driven Ivan (my invention, of course). When the RSI2 starts bending the idle due to a pedal to metal condition, and this persists for at least 1.5 hours or 3 30-minute samples, I call that a drive.

The Double drive is when the Stochastics are also running extra hot (see my Stochastic Bars Mixed – freely downloadable plot and my Wishing on a star article).

The double drive ends up in a taper, a wedge, or a crazy Ivan (same thing). This is why I put the “I” in the title for a reminder.

Please try to figure out what is the common ending of the 3 DDI plots below:

Congratulations, you are not color bind after all, and you may have picked up on the theme of the final burn: the last thrust that is approximately 1.45 hours long. You want to see 3.5 candles alike for the finalé (after a hiccup).


RSI2[i]>5 && RSI2[i+1]<2 && RSI2[i+2]<2 && RSI2[i+3]<2 && ExtMapBuffer2[i+1]==1



RSI2[i]<95 && RSI2[i+1]>98 && RSI2[i+2]>98 && RSI2[i+3]>98 && ExtMapBuffer3[i+1]==1

The DDI plot’s filters above.

You are welcome.

Below: the 3 other members of the Driven family.

Market Sports – Soccer

A consolidation range (aka soccer field) is defined by divergences that outline the perimeter.

When liquidity is low and a consolidation is needed, you should be expecting a consolidation and the soccer play to be contained.

On the last day of the year it isn’t a surprise that most players choose bench warming.

The two RSI divergences on the image above are the magenta dashes and the white “#1” prints point out that these are premium signals. You can also see what happened after they pushed the ball (price) behind the goal line (both on the up and the down side).

To find the last two RSI2 divergences, here is what you do:

   while (j2<500 ){
      if (ExtDownFractalsBuffer[j2]==EMPTY_VALUE  && !((RSI2[j2]<RSI2[j2+1] && RSI2[j2]<RSI2[j2-1] )  ||  (RSI2[j2+1]<RSI2[j2] && RSI2[j2+1]<RSI2[j2+2] ))) 
         while (j<j2+11){
               if (iFractals(Symbol(),0,MODE_LOWER,j)
               && ((RSI2[j]<RSI2[j+1] && RSI2[j]<RSI2[j-1])  ||  (RSI2[j+1]<RSI2[j] && RSI2[j+1]<RSI2[j+2] ))
               && ((RSI2[j2]>RSI2[j] && Low[j2]<Low[j])  || (RSI2[j2]>RSI2[j+1] && Low[j2]<Low[j+1])) 
               ) break;
    if (iFractals(Symbol(),0,MODE_LOWER,j) && iFractals(Symbol(),0,MODE_LOWER,j2) && (
      (RSI2[j2]>RSI2[j] && Low[j2]<Low[j])   
    )) break;

if (j2<500 && ExtDownFractalsBuffer[j]!=EMPTY_VALUE && ExtDownFractalsBuffer[j2]!=EMPTY_VALUE  ) {LowFractalTime_2=iTime(NULL, 0,j2);    LowFractalTime_1=iTime(NULL, 0,j);    }

 if (j<500 && j<j2+11)   { 
         ObjectCreate("TEAL"+DoubleToStr(j), OBJ_RECTANGLE, 0, Time[j2], Low[j2]-FSize/2*10*Point, Time[1], Low[j2]);
         ObjectSet("TEAL"+DoubleToStr(j),OBJPROP_WIDTH,8);                   }

   while (i2<500){
      if (ExtUpFractalsBuffer[i2]==EMPTY_VALUE && ((RSI2[i2]>RSI2[i2+1] && RSI2[i2]>RSI2[i2-1] )  ||  (RSI2[i2+1]>RSI2[i2] && RSI2[i2+1]>RSI2[i2+2] )))     
      while (i<i2+11 ){
            if (iFractals(Symbol(),0,MODE_UPPER,i)
             &&  ((RSI2[i]>RSI2[i+1] && RSI2[i]>RSI2[i-1])  ||  (RSI2[i+1]>RSI2[i] && RSI2[i+1]>RSI2[i+2] ))
            && ((RSI2[i2]<RSI2[i] && High[i2]>High[i])  || (RSI2[i2]<RSI2[i+1] && High[i2]>High[i+1])) 
            ) break;
      if (ExtUpFractalsBuffer[i]!=EMPTY_VALUE  && iFractals(Symbol(),0,MODE_UPPER,i2) && (
                 (RSI2[i2]<RSI2[i] && High[i2]>High[i])   
            ) ) break;

if (ExtUpFractalsBuffer[i] && ExtUpFractalsBuffer[i2] &&  i2<500 ) { UpFractalTime_2=iTime(NULL, 0,i2);    UpFractalTime_1=iTime(NULL, 0,i);   }
if (i<500 && i<i2+11) { 
         ObjectCreate("TEAL"+DoubleToStr(i), OBJ_RECTANGLE, 0, Time[i2], High[i2]+FSize/2*10*Point, Time[1], High[i2]);

Either you insert the above code into your algorithm, or you can purchase an _RSI2_ for a very low cost to do the high light for you.

The #1 signal, that prompts a mean reversion is found / plotted by the 88 Luftballons routine, and for the first time, I share here the Sync classifier part.

string printsup(int i){
   string text=EMPTY_VALUE;
   if (sup[i+1]==0  && sup[i+2]==0  && sup[i+3]==0  && sup[i+4]==0  && sup[i+5]==0 && sup[i+6]==0 && sup[i+7]==0 && sup[i+8]==0 && sup[i+9]==0  &&  sup[i+10]==0  &&  sup[i+11]==0 
      && sup[i+11]==0  && sup[i+12]==0  && sup[i+13]==0  && sup[i+14]==0  && sup[i+15]==0 && sup[i+16]==0 
      && ((count5ups(i-1)==5  ) ||  (count5ups(i)==4 && RSI2[i+1]>95 && RSI2[i-1]<50 ))
   ) text ="S #1";
    else if (sup[i+3]==0  && sup[i+4]==0  && sup[i+5]==0 && sup[i+6]==0 && sup[i+7]==0 && sup[i+8]==0 && sup[i+9]==0  &&  sup[i+10]==0  &&  sup[i+11]==0 &&  sup[i+12]==0 &&  sup[i+13]==0 &&  sup[i+14]==0  &&  sup[i+15]==0 &&  sup[i+16]==0) text = "S1";
    else text = "S2";   
   if (text!=EMPTY_VALUE) return(text); 
   else return("");

string printsdn(int i){
   string text=EMPTY_VALUE;
    if (sdn[i+1]==0  && sdn[i+2]==0  && sdn[i+3]==0  && sdn[i+4]==0  && sdn[i+5]==0 && sdn[i+6]==0 && sdn[i+7]==0 && sdn[i+8]==0 && sdn[i+9]==0  &&  sdn[i+10]==0  &&  sdn[i+11]==0 
      && sdn[i+11]==0  && sdn[i+12]==0  && sdn[i+13]==0  && sdn[i+14]==0  && sdn[i+15]==0 && sdn[i+16]==0 && sdn[i+17]==0 && sdn[i+18]==0 && sdn[i+19]==0  &&  sdn[i+20]==0  &&  sdn[i+21]==0
      && count5dns(i-1)==5
      && (RSI2[i+1]<5 && RSI2[i+2]<5 && RSI2[i+3]<5 )
   ) text ="X";
   else if (sdn[i+1]==0  && sdn[i+2]==0  && sdn[i+3]==0  && sdn[i+4]==0  && sdn[i+5]==0 && sdn[i+6]==0 && sdn[i+7]==0 && sdn[i+8]==0 && sdn[i+9]==0  &&  sdn[i+10]==0  &&  sdn[i+11]==0 
      && sdn[i+11]==0  && sdn[i+12]==0  && sdn[i+13]==0  && sdn[i+14]==0  && sdn[i+15]==0 && sdn[i+16]==0 && sdn[i+17]==0
     && (printsup(i+1)=="S #1"  || printsup(i+2)=="S #1"  || printsup(i+3)=="S #1" || printsup(i+4)=="S #1" || printsup(i+5)=="S #1"  )
    && Close[i]<iMA(symbol,0,414,0,MODE_EMA, PRICE_LOW,i)-FMax*10*Point
   ) text ="S #1";
   else if (sdn[i+1]==0  && sdn[i+2]==0  && sdn[i+3]==0  && sdn[i+4]==0  && sdn[i+5]==0 && sdn[i+6]==0 && sdn[i+7]==0 && sdn[i+8]==0 && sdn[i+9]==0  &&  sdn[i+10]==0  &&  sdn[i+11]==0 
      && sdn[i+11]==0  && sdn[i+12]==0  && sdn[i+13]==0  && sdn[i+14]==0  && sdn[i+15]==0 && sdn[i+16]==0 && sdn[i+17]==0 && sdn[i+18]==0 && sdn[i+19]==0  &&  sdn[i+20]==0  &&  sdn[i+21]==0
      && count5dns(i-1)==5
      && Close[i]<iMA(symbol,0,414,0,MODE_EMA, PRICE_LOW,i)-FMax*10*Point
   ) text ="S #1";
    else if (sdn[i+3]==0  && sdn[i+4]==0  && sdn[i+5]==0 && sdn[i+6]==0 && sdn[i+7]==0 && sdn[i+8]==0 && sdn[i+9]==0  &&  sdn[i+10]==0  &&  sdn[i+11]==0 &&  sdn[i+12]==0  &&  sdn[i+13]==0 &&  sdn[i+14]==0  &&  sdn[i+15]==0 ) text = "S1";
    else text = "S2";   
     if (text!=EMPTY_VALUE) return(text); 
   else return("");