Suggested for 15m and above, 1h & 4h makes most sense.

It may seem like the Minecraft / Roblox version of the Bollinger Bands, but it isn’t.

The idea is to have a directional bias based on which side the price is on: above the line is bullish, below not so.

It is fractal based, it has an RSI filter (it picks between a slightly displaced support and resistance line resulting in one continuous line) and the “bands” are 3 of the previous 21 sample ATR’s distance away. This to see a break away move and/or spotting the price at a stretch.

_Compass

 

 

 

 

Premium invention. Suggested use 5m-4h.

I know, I have been giving away various versions of the 36. The latest version had the RSI divergences included in it, and briefly I made available – at no charge – the D “DISPLAY” version that would call out the last head on the given time frame and help you out with what the next aim would be.

I am proud to present my newest upgrade,

– 36 Only V1.3 VRLDM –

that has the long sought EXIT condition for any trade is now included. The M stands for Momentum at the end, yes, there is MACD involvement, but a lot of sophisticated tricks (filters) on top of that. Visually they are the blue and yellow bull’s eyes.

It is for sale. $78 a piece. Of course it is worth it.

You’ll get future updates of course in case something changes.

Contact: macdulio@yahoo.com

 

 

 

1.

Small speculators dropped their shorts between the 14th and the 21st of November (report dates), and this should stop prices from progressing significantly higher for now.

2.

Examples of how-to use the Market Maker Lines DC.

(the cyan to blue pads with red contour are Market Maker resistance levels, the yellowish/orange pads with blue contours are Market Maker supports.)

The very reason I picked up more longs by the close was the appearance of the support print at 1.1890.

You can see how easy it becomes to name a target: you open a position and then you hook them up to a resistance/support (depending on buy/sell) to get out by say mouse click and pull.

I don’t want to go into deep details of my auto hedging strategy, but as main points, here is this:

I engage in 2 kinds of trades only, Core trades and Casual/Chance Trades. Core trades are triggered by RSI divergences, while casual trades are prompted by low time frame adjusted RSI readings. The Core trades have RSI divergence exits and stops, whilst the Casual ones get triggered throughout the day by my auto trading routines and since they have no stops, they may also get a hedge position, and so when I get around to it, I would have to take them off together either with gains or with losses.

I can arrange for the MM DC for you at a price of $175.

I have in mind opening some shop here, where many of my auto trading routines would be available.

 

3.

To give you something today, here is a semi-abandoned project, that has one feature, the “crack” that is note worthy:

The white squares are the violations of the ATR support, and after seeing 2 of those in a trend you can feel free to go in.

_divergencepetr_s6

Last time we discussed the importance of a good shampoo: the wash out and the immediate go.

_36_Only_V1_3RL

This after hours version plots up to 20 of the last heads as horizontal dashes and high lights the last one (in green). If you adjust the max lines to 1, that’s going to plot the last+1 line making the most current range clearly visible.

Leaving the max lines at 20 would reveal to you the cause for pause on a 4H:

We have always known what everybody was thinking when entering the market. They had money on their mind.

Now, that we’ve arrived at the conclusion, that not to lose your mind, you need to loose the head, let’s get going!

Get your boots and we’ll meet at the Camp.

The location of the camp sites is determined by how much time you have left before the night sets in. The camps are not the targets, the targets are the heads, but the camp sites are perfect for a relief, lightening the load, and in the morning you can pick up your left luggage and perhaps some extra refreshments.

To calculate the approximate distance of a camp, you need to know how much progress can you be making on average on foot per day = AVG daily ATR. This is based on the last 3 days of walking distances.

This was your orientation for the day. Change the colors if you want. F is of course Fully Recharged after proper rest & digestion.

Over and lights out!

_Camp_Sites

…

 

Warming up comes next.

Use your head, which of the following is true?

• The market exists to transfer wealth from those in the know of of the mechanism to those who don’t know.
• Trader / Day Trader are synonyms of looser / donor.
• Feeling good is part of the appeal for wanting to come back; you can win any fight (trade) –  and be happy temporarily, but you will always end up losing the war.

Transferring wealth starts with entrapment and squeeze the trader until their bet / capital is taken.

It is all in the head!

You can find the modified Stochastic Bars in the downloads, but all you really need is a plain ol’ RSI 8.

_divergencepetr_s7

The first head with the lengthy divergence is easy to spot.

Would you have found the second one?

For the left shoulder you need an oversold RSI (<30) and for the HEAD you would need one that is just out of oversold with price close to matching or exceeding the measuring low.

In order to start making money:

You need to find the trap (jefe/téte) and bet that the market is going to be running away from the area.

You need to stop making multiple trades per day, in fact, most of your trades should be more than a few days long.

The 36 would plot some of the heads (butterflies) for you (based on stochastic divergences), and now there is a boosted version (V1.3R) with RSI divergences added.

 

 

 

 

 

 

 

 

Tonight’s first exercise:

Print out the following image as large as you can.

Write on the image the following: THE SHAPE

Hang it on the wall

Stare at it every day for 10 minutes.

What did I want with this?

Can’t remember. Doesn’t matter.

The first (buying) exhaustion is getting the move started. The second is ending it.

_Choppiness_CA

What comes after a terminal move?

I can only guess…

Yeah, this lesson cannot be skipped.

When I first came up with my own, horizontal stochastic plots, I had of course the maximum sample available by MT4 as limitation – which varies per time frame i.e. 1025 on 1H and 1590 on 4H -, and the idea that before a break out would occur, price would pass by the 5% mark from below, similarly, if the new lows/highs are finished, price would have to retreat beyond the 5% mark, so for these reasons I started plotting lines at 5, 15, 25 etc. percents of the total range.

Of course, this did not have the 50% mark, but gave me a few insights, such as: the reversal would most likely take place in the 5-15% zone, which I started calling the reversal zone conclusively. Back then the 5% line was a red line, and I even made a Red Line Reversal EA based on the idea. Your stop loss can be put just beyond the 5%.

These days the comfort levels are at the round 10s, so the pivot, the deeply overbought/oversold levels as well as the overbought/oversold necklines are in the right place, but the issue of the 5-15% not being plotted has been bothering me.

A shaded field would use much of the computer resources, although with the current i7/16GB I’m typing on this is not an issue any more. For other computers though it is a good idea to make the shading with the use of histogram lines instead of objects.

…with further zoom, the gray fields become rows of stripes giving some opacity effect.

I will upload this version of the Comfort Levels later on, but I need to find the header for the routine, and currently I do not even know which laptop has it, the Dell or the Toshiba.

The big question is which time frames should you use this on?

4H is very important, for you just had 3 days spent in the overbought field, which made price embedded (I have written enough about this condition, but Ira Epstein is the originator of this expression), which means, that any dip would be a buy to the neckline and perhaps even beyond, for they can go outside for a day and save it on the next one.

 

To me it is not a question any more that the target currently is at 1.1986

The 1H puts the upper reversal zone between 1.2011 and 1.2065 and currently has a failed break above the pivot, consolidating just below it.

The 30 minute, as you can see on Fig 1, encompasses the whole move, and the imaginary red line / start pistol is at 1.1863-ish, from where you would be hitting the 5% mark on your way to expanding the range.

Now, FYI the latest threat is that the Dollar would be declining for the next 5-6 years straight, for there is a completely new world starting to shape up where the USD is no longer the world’s reserve currency, and on every bad news people may end up fleeing into other currencies, especially the Euro, for they see the steady growth and know that the ECB would be running out of excuses for keeping the stimulus on pretty soon.

So, where would you be expecting the Euro to come back up to? For starters, to the monthly pivot.

As a bonus image here’s the gap up (on the daily) that made all the rally happen:

Bonus image 2

36 V1.3.2 on 4H, where it was intended for

I have a lot to write about, so here is something else in the meantime.

36 was never meant to be merely an indicator.

The path to turning it into an EA came naturally.

The sizing is equity dependent, and currently would figure 1 micro lot per $100.

There are things to play with from size (here called Leverage), stop loss, target, magic numbers, close in pending seconds, EA choke flag and the RSI values (4H, 8 sample HL2).

– Try this only on EUR/USD if your spread is low, variable, not fixed (mine is 0.2 pips on average, the test image was done with 0.4 pips),

– peg it onto either a 4H or a 30M chart – and turn auto trading on.

I shall make this available for a limited time only.

Apologies: I forgot that the Leverage was not external in the previous posted version, so the visitors 100 count starts now, the first 31 does not matter.

…expired…

Picture below: size adjusts with every $100 equity gained

With larger equity the profit factor can be higher.

And gains can become exponential when multiplying the size. 3x example below:

…

8x the charm…

I was meant to put this up for sale on the MT4 market, but when totally failing to communicate / get a pass by the monkeys running the show during my efforts with the Market Maker Lines, I had to surrender.

———————————————————————————————————————————————–

Support Team 2017.10.05 08:07 #1  EN

Improve your Product description

Your product description is not comprehensive enough, please try to better describe the idea of your product.

If your product has inputs, add them as a list of parameters with descriptions.

For this purpose, the editor provides the Bulleted list and Numbered list commands. If you want to create subparagraphs inside the list, use the Increase indent command.

‌

Example:

Indicator parameters

• period – the number of bars used for the indicator calculations. Proper values – from 5 to 50.
• High_TF – the higher timeframe, from which the indicator values are taken. Must not be smaller than the timeframe of the chart the indicator is running on.
  • M1
  • M30
  • D1
• ShowEntries – show entry points in history on the chart for visual analysis.

Use the editor functions, do not copy/paste from other programs.

 

Redesign your Logo

To learn how to prepare an attractive logo, please read the following article: Tips for an Effective Product Presentation on the Market

As far as the graphics format is concerned, the best thing to do is to use PNG format because it allows to keep the quality high both at editing and transferring files. We strongly recommend you to refrain from using JPG.

A good logo should be simple and describe the basic idea of the product. Fine details are also inadvisable because they are usually difficult to make out. A picture overloaded with too many colors and graphic effects will not serve as a good logo either. Ideally, 3-4 colors and a couple of recognizable images are enough to design a logo. Trade terms, wildly used and familiar to every trader, could be used in the inscription. They will play a significant role in conveying the idea of the product. For example, Buy, Sell etc. Serif fonts are better be avoided. Keep it simple so everyone can read the logo.

 

Promotion of third-party resources in Product descriptions is not allowed.

The Product page cannot be used for promotional purposes. You are not allowed to publish links to external resources in the product description, its logo, video or screenshots. The full Product description must be given directly in the Market.

 

Fix errors in the program code

Programs should not contain critical errors that lead to immediate termination:

• division by zero
• going beyond array boundary
• using an incorrect object pointer

Start your program on a chart and try to change it timeframe or symbol. Restart the terminal with an indicator/Expert Advisor attached to it. Such actions should not lead to program errors.

Not enough history data or vice versa too many bars on the chart should not hinder the client terminal operation or cause excessive use of computer resources.

2017.10.05 11:06:05.905    Market_Maker_Lines_DC XAUUSDcheck,Daily: array out of range in ‘_Market_Maker_Lines_DC.mq4’ (1060,17)

108

Me 2017.10.06 15:42 #2  EN

New version validation passed.

After submission: under one minute rejected. What does this mean? What to do here?

Support Team 2017.10.09 08:41 #3  EN

Timur Yakupov:

Improve your Product description

Your product description is not comprehensive enough, please try to better describe the idea of your product.

If your product has inputs, add them as a list of parameters with descriptions.

For this purpose, the editor provides the Bulleted list and Numbered list commands. If you want to create subparagraphs inside the list, use the Increase indent command.

‌

Example:

Use the editor functions, do not copy/paste from other programs.

 

Redesign your Logo

To learn how to prepare an attractive logo, please read the following article: Tips for an Effective Product Presentation on the Market

As far as the graphics format is concerned, the best thing to do is to use PNG format because it allows to keep the quality high both at editing and transferring files. We strongly recommend you to refrain from using JPG.

A good logo should be simple and describe the basic idea of the product. Fine details are also inadvisable because they are usually difficult to make out. A picture overloaded with too many colors and graphic effects will not serve as a good logo either. Ideally, 3-4 colors and a couple of recognizable images are enough to design a logo. Trade terms, wildly used and familiar to every trader, could be used in the inscription. They will play a significant role in conveying the idea of the product. For example, Buy, Sell etc. Serif fonts are better be avoided. Keep it simple so everyone can read the logo.

 

Promotion of third-party resources in Product descriptions is not allowed.

The Product page cannot be used for promotional purposes. You are not allowed to publish links to external resources in the product description, its logo, video or screenshots. The full Product description must be given directly in the Market.

 

Fix errors in the program code

Programs should not contain critical errors that lead to immediate termination:

• division by zero
• going beyond array boundary
• using an incorrect object pointer

Start your program on a chart and try to change it timeframe or symbol. Restart the terminal with an indicator/Expert Advisor attached to it. Such actions should not lead to program errors.

Not enough history data or vice versa too many bars on the chart should not hinder the client terminal operation or cause excessive use of computer resources.

2017.10.05 11:06:05.905    Market_Maker_Lines_DC XAUUSDcheck,Daily: array out of range in ‘_Market_Maker_Lines_DC.mq4’ (1060,17)

108

Me 2017.10.09 22:21 #4  EN

Support Team:

I don’t understand what is going on. I posted a different version and I got the same message copied and pasted with the including the error message from the 5th of November that was cured already.

 

I do not know what to make of your impersonal messages.

There is nothing wrong with the description and what is this thing about the logo coped here all the time?

 

Could I get something other than this blabla?

Thank you in advance.

108

Me 2017.10.15 04:39 #5  EN

Not sure what is happening yet again.

I show a rejection, and I am unable to delete the last uploaded version, and

I do not have an upload product file icon either.

Support Team 2017.10.16 15:02 #6  EN

Hello, if you have any problem with this, use servicedesk please.

Support Team 2017.10.19 10:02 #7  EN

Improve your Product description

Your product description is not comprehensive enough, please try to better describe the idea of your product.

If your product has inputs, add them as a list of parameters with descriptions.

For this purpose, the editor provides the Bulleted list and Numbered list commands. If you want to create subparagraphs inside the list, use the Increase indent command.

‌

Example:

Indicator parameters

• period – the number of bars used for the indicator calculations. Proper values – from 5 to 50.
• High_TF – the higher timeframe, from which the indicator values are taken. Must not be smaller than the timeframe of the chart the indicator is running on.
  • M1
  • M30
  • D1
• ShowEntries – show entry points in history on the chart for visual analysis.

Use the editor functions, do not copy/paste from other programs.

 

There was an implusive move down, shown by Projected Dist ufo routine (yellow zigzag) on TOS. No Fibonacci, merely a 1.5x multiplication.

I also have the Projected Distance Lines in MT4, that plots that green dash, although the lightning is not plotted.

Now, how would you have known that you were looking for a turn and do not have that MACD Bubbly plot above on the black screen with the FLUSH / Buy Next Divergent hump?

You could have noticed on the Market Maker lines plots, that 1.1579 is a significant Market Maker support level, for the next yellow support line is not until 1.1470.

(By the way, the 1.1580 level was not printed by the recent low, it was printed by a lift that the Market Makers gave on the way up towards 1.21 by volunteering to hold some shorts in the meantime.)

Now, here comes the essence of this article.

The Rhythm of the market

To warm up, here’s some practice.

Every move has an exhaustion in the given direction at the beginning of the move and another one at the end, which normally would get exceeded for a total reversal.

a) the reversal point beyond the terminal exhaustion

b) this correction had the undercut within the same hour, so that became the new low – a correction like this helps sustaining the move up

c) there was one more move up, with low energy and this ultimately prompted a reversal back down – the red in the middle is a smaller liquidity break, quite possibly an ABC, but on a less than 1H time frame

Now for the selling part…

The reversal of course took place upon the cut above the last buying exhaustion, you on the other hand, first had a new tact starting with a longer pause, now with a selling exhaustion, and there was a generous 4 hours for a low risk entry to be on board for the next leg. The undercut was 10+ pips below the downside exhaustion and 23 pips under the MM support level. Factor in max 30 pips for a stop.

There is a problem with the current up move: it is not impulsive in terms of printing an upside extension target. 1.1690 would surely be tough to conquer. When the lines are too close to each other, ignore the second (echo or double).  I believe we had the 3 legs up already.

There is sort of a channel, but the Friday close was printed outside.

The hand below would suggest a low risk buy at 1.1620-1.1610

The same time, the close is between the hard and a rock place:

The thick black line is the oversold neckline, the coral line lower is the deeply oversold one. The biggest moves happen when price breaks below the overbought neckline or breaks above the oversold neckline, for then you have a prospect of hitting the other neckline or at least travel half way.

 

For some additional knowledge, here’s this (example of uptrend):

1. black oval – break above the weight + 12 pips (red cordon)
2. green oval – low risk entry: latest support printed

(the orange ones are MM support levels)

_Weight-Reversal

My last piece of bearish evidence as follows (USD chart) – please don’t freak out, I took away half of the plots as it is…

The green fields are the different time frame Lema triplets and their force fields. It seems like an impenetrable mega sized gooey flubber-mess.

 

As for the technical part.

The two levels I monitor crossing below for in this ancient version is 44 and 25.

(ChoppinessIndex(7,i+1)>44 && ChoppinessIndex(7,i)25 && ChoppinessIndex(7,i)<25)

7 sample on 1H = 14 sample on 30 Min

And for the color of the indicator I compare the current close with the one 5 hours earlier.

 

The target in mind was clearly 1.1690 as the 4H shows.

Don’t worry about the wedge lines not being outside, they are RSI lines, and they are correct.

…

 

 

 

 

Blue Arrow: the last 15-MINUTE WEIGHT when fully consolidated

Red aim circle – approximate area where to look to cover a long

Green aim circle – approximate area where to look to cover a short

Above the arrow = bullish

Below the arrow = bearish

_15MIN_ATR_TARGETS