I find this very useful, a minimal effort glance can provide you with a volatility V turn information, call attention to a continuation fact, and often give you the are to go long/short.
Udio was acting out and producing 80-90% junk for almost a week.
It always amazes me how different tastes the audience may have on various platforms. It’s either that or YouTube choosing between promoting or not makes or breaks anything.
The question always ends up being about priorities.
What beats what then?
What is on the level?
It seems to me that the cornerstone is the severely overbought/oversold condition (60-sample stoch, 1H, last 4%).
Yes, I still have that 8-ball plot somewhere.
step #1
Write the program for the Stochastic unravelling. (Win Robbins Cup).
The severely OB/O priority trade
(a mean reversion is likely underway upon 1, but certainly 2 gray Vax divergences)
stochastic unravelling to 13/25/momentum divg.
<4 / >96 hourly disconnect
- from the fractal candle, the 2nd or 3rd hour's close is the entry
if there was directional excess outside the BB
or price rips beyond the 240 BB
dump the holdings on the 13th hour's close
in 13 hours #1 resistance prints after a hourly close outside
if there was no directional access (overrun) after the numbers
- adjust the trail
- add holdings for 13 more hours at the back test kiss of hour #13
- dump on hour 25's close if it fails to get back outside the BB
- dump on a leg that comes from inside the 8 EMO and closes outside the BB after the 25th hour with the stochastic breaking into the opposite end
- if there was momentum (st. bar) AFTER 2 Fractal Prints on the inside, aim for a high volatility turn with
an OverHedge to just outside the house (momentum divergence)
By calling upon Vax within the 30-minute window with a 398-sample dataset, the Fractal MFI divergence can receive an additional flag.
Looking at the Cumulative Volume Delta, you can see that Friday was a strong up day, buying from the start to the end, almost on the high.
Of course, still outside the prior volume block.
Now, my colored MFI divergence highlights are a good idea to start with, but it is tiresome going back and forth between 30-min and 1H just to get a picture of the volatility-compression readings. So, more text was my answer.
As you can see the red / bear line is over the bull line, which can be a crucial final information that tips the scale. The high of that candle is a promoted sell.
Next up, a Demoted buy.
Of course, things can get more nuanced than that.
For instance, a low volatility turn sequence plots first a “where” spike out of the 30 BB (triangular plots) then the “when” receives its plot (vertical highlights), and if the where block is unable to break through the peak of the triangle, that’s a priority turn.
As you can see, the Demoted supplementing flag was incorrect. 4 hours later, the Bears managed to overcome the Bulls. Time/sample size is just as important as the price level. No New HH.
If this is a low volatility turn – and I don’t think it is (- a stall), it would still have to test back into that triangle at least once. A lower low would mean a high volatility turn though.
There is a well-defined failure area between 1.1622 and 1.16, the prudent area to pick up a hedge / close shorts. The BRK level should remain untouched. If it blows past, you are in a Wave 3 down, and a new measuring leg just started printing.
After a while, it may pose a challenge to surprise yourself with what you can do in music. I am managing to do it still.
After a volatility compression anchor print, there should be a divergence, weaker compression achieved at a lower low.
The other thing was the deep disappointment in the YouTuber I used to have sympathy for. When he started shilling Sven’s take on the S&P – the monthly low was made on the first day of the month for many months, trying to steal credits, I had to realize that this Brian Shannon slogens boosted ego trip guy has folded under the pressure of having to show for, and all of his outrageous performance claims belong in that too good to be true bucket borrowed from the Scammer Supplies.
So I had this idea of monitoring fractals outside the 30 BB on the 30-min, first just for a count (2 on one side would usually mean a correction ending against the real move), but there was always this idea to get the short-term MFI provide with some ideas. 7-sample on the 30 is like a 14-sample 15-min.
I went way further by associating exits to the entries, but the main thing was finding an arbitrary filter to plot the diverging number green or aquamarine. I went with RSI2 below 5.
You see a backfoot rally on the left and a right foot rally on the right.
The way the back foot operates is that it tries to get the Money Flow to overbought, but has a failure point just over the S30.
They pretty much all fail, except for one in recent history.
This one made it to overbought, and the second landing on the S30 was the end of a correction.
So my plan is to check if the S30 would hold twice for a continuation entry.
Album #86 is out, 16 tracks as typical, about 1Hr as typical, a French song, an instrumental as typical, some atypical stuff, like a song in Spanish and a good measure of Communards influence.
ForexFore - Internals, indicators, algorithmic trading 