Let’s call things for what they are – a Scarabaeus is a dung bug – ins Achilles.

It’s been a great month, so why not post some more rather educational stuff here?

August 2021

Lesson numero uno

Why shorting today could had turned out to be a disaster.

I posted this image over the weekend:

then I played around with the quarter lines, changed the displacement to 15% and drew some conclusions.

see, one of the big lessons of trading is that the large / violent moves come from price losing the overbought / oversold status, for it may not stop until the other end of the stochastics

to appreciate what is at risk here, take a look at what can happen when the last week”s range gets exceeded by 50% (navy line) and simultaneously the overbought/oversold status gets lost:

what sample stochastics? On the hourly I swear by the Crack Ho, which is 60 sample simple D with 3 delay, and has been embedded on the upside for days

but on the weekly I use 18-sample

I don’t set indicators on closing prices, only on high low halves

to me 14-sample is amateur hour, and so is for instance an RSI2 over closing prices (do not tell Romulus)

Part Deux

How to time those ill fated shorts?

1. You would ideally like to see the Crack Ho lose its embedding first
2. The order of things as follows: measuring leg – divergent leg – soft or hard reset and a beat would follow in case of a soft reset [M-D-R (+B)]
3. The beat itself would be made up of the same sequence
4. Beats can be repeated until a hard reset comes along

The market has to make a call for a reset after lack of selling / buying between two highs / lows.

The plot is an “h” for upright and “u” (no upside down h in the font) and a pink shade to remind you of the “got pink?” Trivia(l) question.

Nick Rhodes, the indicator plots colored squares out of the scoring system classified RSI2 readings.

Pink is music with chairs, and the only thing that matters is when it ends.

The exclamation mark is supposed to bring attention to a possible counter trend motion being in progress after 2 hours of spinning (when the pink music stops).

It is always helpful to be conscious of where the usual suspects lay, aka the beat ticker. Since this is a secondary beat sequence following a soft reset, the beat should come to a stop somewhere before the re -hedge level, and likely closer than 36 more pips: scale in with your shorts.

As for target, you know that the hard reset can be found starting at the closer end of E67 & print a Zero (thanks to my previous blog entry). So all you need to do is put Code 7 for stop loss to have the target value be adjusted automatically by my Trail Stop Only Modified LT EA.

See how easy this whole thing is?!

I know, this one was more like 10 lessons in one breath.

For those that put me on ignore – good luck trying to obtain knowledge on market mechanics, nobody’s teaching it and nobody’s researching it consciously, but me.

Trading is not about drawing random lines on a chart or calling a 50% retracement a Fibonacci wrongly, not even about paying a self proclaimed guru on YouTube.

Trading is about knowing with great accuracy, what is happening, what is going to happen next and aligning your holdings / trades as best as you can.

You’ve seen it before. My W1/A plot.

The logic behind it?

loD[i]<0 && loD[i+1]<0 && loD[i+2]<0 
   && stoch[i]<33
    && stoch[i]>27
   && High[i+10]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+10) 
   && High[i+9]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+9) 
   && High[i+8]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+8) 
   && High[i+7]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+7) 
   && High[i+6]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+6) 
   && High[i+5]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+5) 
   && High[i+4]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+4) 
   && High[i+3]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+3) 
   && High[i+2]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+2) 
   && High[i+1]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+1) 
   && Low[i]<iMA(symbol,0,67,0,MODE_EMA, PRICE_LOW,i)-30*Point 
   && Low[i]<Low[i+1]
   && iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,30,i+1))>iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,50,i+32))+50*Point

But never mind. This isn’t gonna be a complicated lesson.

I have made numerous logic throughout the years to spot an End of Wave 2 or a qualified Wave 1.

One thing has always been the same: Mr. Maroon.

Two 67-sample EMAs, one over the highs and one over the lows. A band where the Market Makers can make a reversal live or die.

Elliott Vape is in a purple haze about moving averages, relative strength or volatility whips.

Let’s discuss with the aid of the following image what a qualified Wave 1 / Wave A is and what isn’t.

The white swings were approved by market makers.

1. They all had a travel distance of at least a fluctuation size (32 pips).
2. They all had a pause of at least 20 hours of no touch of Mr. Maroon.
3. They all crossed over at least the closer band and
4. They all had a “ZERO” RSI2 HL2 reading (<2.3 or >96.3)

Now, let’s look at the failed reversal attempts. The First red attempt fulfilled the first 3 criteria, but closing back too low made the RSI2 reading fall way short of a ZERO.

The second red attempt did not reach the Market Maker line (#3).

The first orange swing was too short with 26 pips (#1) and the second orange lacked the pause before the run (#2).

During the volatility squeeze where the check marks are, there were no qualifying ZERO readings.

…but of course Elliott Beethowen sitting in his puff of smoke never heard of any of these things.

Now just the qualifying daily dose of music, and you’re good to go.

Yeah, you’re right, the last one that got away, the last white did not have a no-touch series of 20 hours preceding. So that’s a quail’s egg in the cuckoo nest. Not a Wave 1 – Wave 5 then?

That channeling warning was not kidding on the left: if I make a parallel with the Zero – Mastodon auto plot Axis and push it out to the swing high… See where price was smacked back down on the FOMC Wednesday.

So now you know why I said this last weekend:

Because I’ll be here forever:

Said I’ll always be your friend
Took an oath, I’ma stick it out ’til the end

Cease & desist, seek and destroy…

2 ideas here:

1. Confirmed high / Confirmed Low. (10+ pips break – you better hedge!)

iFractals(symbol,0,MODE_UPPER,iHighest(symbol,0,MODE_HIGH,3,i)) && upK[i]!=EMPTY_VALUE && RSI2[i]>87
iFractals(symbol,0,MODE_LOWER,i) && upK[i]!=EMPTY_VALUE && (RSI2[i]<8.8  || RSI2[i+1]<10  )
where upK equals TTM sqeeze

2. This was the moment when I realized that I am not competing with Meet Kevin for the sake of my generation for the best self made up-and-comer, but with Beff Jezos for best value innovation in a century: the Energy Bands.

Be and Ki are In and Out in some language.

I need to get new business cards where I would start including Master of Volatility right below the Professor of Trading entry.

Shyness goes away with the age.

nesze neked volitalitas
meg semmi ilyet nem lattam
bitcoin az nudli
lehetoseg doszt
at a feher vonalon amikor a vonal maga fel uton van es kiszallni egy expansion napon a teljes testtel a moat folott

There are 23 similarities of how these two lows were made. Can you spot them all?

Both lows were made whilst the Crack Ho was embedded. Korrek. What else?

There were Zero-Mastodon trendlines (M-Axis) printed.

There was an approach that got really close (less than 4 pips in both cases) to the Axis & then there were fractals. Bill Williams advanced you these, so smart money may get going during the second hour of the low, knowing that this fractal would not likely be taken back.

When the market is embedded, it has a slip. The clutch has to be engaged twice, a single, M (measuring leg) pullback would have to be followed by a D (divergent leg) that usually would exceed the M by a few pips.

I made my first book’s cover more than 30 years ago with a Picture Publisher on a Windows 3.1.

I was always going to be someone. A drunk with big muscles in a far away land is no longer an unattainable dream.

“You’re only happy when you’re down.” Nial Fuller

Little 15
You help her forget
The world outside
You’re not part of it yet
And if you could drive
You could drive her away
To a happier place
To a happier day
That exists in your mind
And in your smile
She could escape there
Just for a while
Little 15… Little 15
Why take the smooth with the rough
When things run smooth
It’s already more than enough
She knows your mind
Is not yet in league
With the rest of the world
And it’s little intrigues
Do you understand
Do you know what she means
As time goes by
And when you’ve seen what she’s seen
You will
Little 15… Little 15
Why does she have to defend
Her feelings inside
Why pretend
She’s not had a life
A life of near misses
Now all that she wants
Is 3 little wishes
She wants to see with your eyes
She wants to smile with your smile
She wants a nice surprise
Every once in a while
Little 15

…

So, did I cry wolf 16 pips too early?

Perhaps. But at least I managed to figure out a bunch of things I was missing, such as the overriding nature of embedding. The hook back count came out to be even as well. A hook back can be taken away just as a fractal. A Bollinger Band is but a vague idea of anticipated volatility change upper limit thus it isn’t a target as much as a near miss of the M-Axis is (sorry, IRA).

Props to Claws for liking my posts religiously.

Props to Douglas of the Le Bateau Ivre for the “don’t let my son go down on me”

Cause I’m loosing everything… But the very least the embedding.

A zero on the upside means the new position opening direction is up – for an entry an M would do for 2 hook-backs now that the embedding has ended. I think it is possible to say with 75% accuracy what is happening. All you need is an RSI2 and a Crack Ho.

The market evolves continually so you need to stay alert & hungry like one of them e-wolves (the devisa of trading).

The first thing you need to appreciate is what is a hook back (tie off) on the RSI2.

I put out some Weissmüller (oh boy, not another Tarzan!) circles for better views.

RSI2[i+1]<6 && RSI2[i]>6)
and
RSI2[i+1]>90.5 && RSI2[i]<90.5

Now, being able to count to two would help with the second stage.

As you can see on the image above, the odd counts are grayed out (Los Insignificantes*). You need to start paying attention to every second one of these.

In order for a turn to ensue, following the even print you need to see counter directional volatility, say 23 pips.

Below: 23 pips, and this break out is Alive.

Now, as for the counter resets, I use the zero conditions (see last blog entry titled Was geht? Was bleibt?)

And another thing: the crack HO losing an embedded status. I made 2 changes here, I traded the 80 and the 20 for 76 and 24 for visual markers & changed up the expression a bit to now roll with a summation, i,e,:.

iStochastic(symbol,60,60,3,3,MODE_SMA,0,MODE_SIGNAL,i+3)+iStochastic(symbol,60,60,3,3,MODE_SMA,0,MODE_SIGNAL,i+2)+iStochastic(symbol,60,60,3,3,MODE_SMA,0,MODE_SIGNAL,i+1)+iStochastic(symbol,60,60,3,3,MODE_SMA,0,MODE_SIGNAL,i+4)>320 && iStochastic(symbol,60,60,3,3,MODE_SMA,0,MODE_SIGNAL,i)<76

Peace out.

Los Insignificantes was my idea for the name of the touring music banda in the game where as an obstacle, the Columbian frog cartel throws bags full of blow from low flying double winged airplanes.

…

A new Mastodon was found and unearthed. M-Axis was generated automatically. Thanks again, Nick Rhodes (the indicator)! End of Wave 4.

One New Change is bringing down the upper M limit to 87.5

6/8/21

There is only one trendline with mathematical, ROC validity, the M-axis that is defined by a Zero and an M point.

9/8/21

Continuation entries are M.D. (medical doctor) M.D. practitioner and M.D. undergraduate or a sudden / time restricted naked M. They yearn to achieve a qualified M.

10/8/21

An M-axis is considered broken if price closes on the other side and makes a move 2-pips beyond the end point.

11/8/21

A directional change can be caused by:

• M-axis break
• a Zero print in the opposite direction
• a failed attack (fractal) that stops short of the newly minted M-axis

The M-D distance is typically 2, but not not more than 5 pips.

12/8/21

An M.D. is only interested in one thing: the resurrection of the Mastodon.

13/8/21

Your name is Victor Plankeinstein.

You work on an excavation.

Your objective is to resurrect a mastodon & then taking a ride on its back.

RSI2 is the drilling depth. You must find a corpse well preserved, so it has to be at the right depth, right temperature and from the right era.

The music looped is fittingly the Wooly Boogie song – we don’t know if it originated from the Pleistocene or the Iocene era, but it is primitive & catchy.

Once you rule out all the rational things, you are left with the unlikely, irrational answer.

Signals classified

Strong: M.D. in the direction of the last Zero. Exit upon seeing an unearthed Mastodon print.

Medium: close beyond an M-Axis away from the last Mastodon. Play the break with 2-pips of displacement over the end point.

Weak: fractal print falling short the freshly drawn M-Axis.

Consider a Zero print as a warning for an upcoming Mastodon grave.

///////////zero on the top
(RSI2[i+1]>97.3 && RSI2[i]<82 && RSI2[i+5]<97.3)
///////////zero on the bottom
(RSI2[i+1]<2.3 && RSI2[i]>3  && RSI2[i+5]>3)

Everyone ends up becoming a story in the end. As it turns out, I did have a knack for paleontology (~trading).

15/8/21

Introducing the Zero Mastodon “Richtig” scale (the bottom line) – something that you would expect coming out of a person calling themselves Hiero-Griffin trading. People spend their lives with f-ing up their own thinking. I spend mine with trying to correct the flaws in my own.

…

Hi guys, hope you’re well.

Macdulio Pastrami here.

I posted this image yesterday.

Let’s talk about it.

Leading Prognosticator

So as I said earlier, the bottom was in. If you tried to short here, you were picking up steam rollers in front of the penny or something.

My favouirite book is from Precter & Gambler, where they can almost predict different things with almost measurable accuracy. In fact, they are so good at it, that they don’t even need proceeds. To proceed, it is great for religious fanatics, but they may just buy Bitcoin these days as a default. Linda was a TV show in Hungary about a karateka girl. Leave your teenage crush’s name below in the comments. Subscribe to any channel, because I said so. Still I like me some Mike Hutchins for realz right now.

There is a cow shitting in the background right now. Fascinating.

Guys, like I said, if you don’t understand the following things about trading, I would argue that you don’t understand much.

Macdulio, how did you know that the bottom was in?

It is simple. Delete all the moving averages. Forget you ever met John Fibonacci.

What validated the trendlines, was the rate of change slowing down. The RSI2 readings showed a reversal divergence between the lower low/higher high and the intensity of the fuerza.

Most people don’t understand that a strong reversal divergence has at least 3 points of measure. The Zero point sets up the perimeter with a trip wire and a net. The Outlier trips on the wire, slashes a tear on the net and rolls a bit further. The Bushwick or beat is the last attempt on making some more progress but this time with dwarfed numbers and magnitude of fortitude. Small stabbing may continue, but the fight is already lost. In short the expectation is that price will fall short of the trendline at a minimum on closing basis.

This is why you need to know when and where to participate in a break out. A break of a Zero can yield an approximately 28-pip move (up to 45 during lower liquidity news event). The break of an Outlier would yield a handful of pips normally, don’t expect anything beyond 20 pips – so overall you are way better off scaling in in the opposite direction, even if you may need to wait a half a day for the turn around to start performing.

A two-point reversal divergence may set the price back temporarily, but remember, the Bushwick militia shall make another try to settle with a final score, just to confirm. Bushwick shall aztec from an RSI2>91 or RSI2<6 point.

I’ll see you in the next video, until then I’m going to make out with this good looking pine-tree.

///////////zero on the top
if (RSI2[i+1]>97.3 && RSI2[i]<82 && RSI2[i+5]<97.3){
                        ObjectCreate("Panaceadc"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 99); 
                      ObjectSetText("Panaceadc"+DoubleToStr(i), "0", 42, "Arial Black", clrOrange);
                      ObjectSet("Panaceadc"+DoubleToStr(i), OBJPROP_BACK,1); 
                      zeroup[i+1]=true;
                      
}
///////////M on the top
else if (RSI2[i+1]>91 && RSI2[i]<91 && RSI2[i+3]<91){
                        ObjectCreate("Panaceadc"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 99); 
                      ObjectSetText("Panaceadc"+DoubleToStr(i), "M", 42, "Impact", clrOrange);
                      ObjectSet("Panaceadc"+DoubleToStr(i), OBJPROP_BACK,1); 
   if (i>3 && (iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,i-1))+55*Point)>=iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,i-3)) && RSI2[i+1]>94 && iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,i-1))>=iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,22,i+4)) && RSI2[ArrayMaximum(RSI2,40,i+2)]>RSI2[i+1]){
                ObjectCreate("Panaceadd"+DoubleToStr(i), OBJ_TEXT, 0, Time[i+1], iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,4,i-1))+90*Point); 
                ObjectSetText("Panaceadc"+DoubleToStr(i), "M", 42, "Impact", clrPurple);
                      ObjectSetText("Panaceadd"+DoubleToStr(i), "Outlier", 22, "Impact", clrBlack);
                      ObjectSet("Panaceadd"+DoubleToStr(i), OBJPROP_BACK,1); 
                      

   
   
}



///////////zero on the bottom
if (RSI2[i+1]<2.5 && RSI2[i]>3  && RSI2[i+3]>3){
                        ObjectCreate("Panaceadc"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 41); 
                      ObjectSetText("Panaceadc"+DoubleToStr(i), "0", 42, "Arial Black", clrOrange);
                      ObjectSet("Panaceadc"+DoubleToStr(i), OBJPROP_BACK,1); 
                      zerodn[i+1]=true;
}

///////////D on the bottom
else if (RSI2[i+1]<6 && RSI2[i]>6  && RSI2[i+3]>6 && RSI2[i+4]<2.2 ){
                        ObjectCreate("Panaceadc"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 37); 
                      ObjectSetText("Panaceadc"+DoubleToStr(i), "D", 42, "Impact", clrOrange);
                      ObjectSet("Panaceadc"+DoubleToStr(i), OBJPROP_BACK,1); 
}

///////////M on the bottom
else if (RSI2[i+1]<6 && RSI2[i]>18  && RSI2[i+3]>6){
                        ObjectCreate("Panaceadc"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 37); 
                      ObjectSetText("Panaceadc"+DoubleToStr(i), "M", 42, "Impact", clrOrange);
                      ObjectSet("Panaceadc"+DoubleToStr(i), OBJPROP_BACK,1); 
                      
                         if (i>3 && iLow(symbol,0,iLowest(symbol,0,MODE_LOW,2,i-1))<=iLow(symbol,0,iLowest(symbol,0,MODE_LOW,2,i-3)) && RSI2[i+1]<6 && RSI2[ArrayMinimum(RSI2,36,i+2)]<RSI2[i+1] )   {
                
                 ObjectSetText("Panaceadc"+DoubleToStr(i), "M", 42, "Impact", clrPurple);
                ObjectCreate("Panaceadd"+DoubleToStr(i), OBJ_TEXT, 0, Time[i+1], iLow(symbol,0,iLowest(symbol,0,MODE_LOW,4,i-1))-30*Point); 
                                            
                      ObjectSetText("Panaceadd"+DoubleToStr(i), "Outlier", 22, "Impact", clrBlack);
                      
                      ObjectSet("Panaceadd"+DoubleToStr(i), OBJPROP_BACK,1); 
            
                      
}

Let’s answer 2 more questions here.

Local militia can always be raised, all you need is an M.D. to carry out the recruitment. Marker, Diverger and stabbing some more.

When is a zero considered broken? The answer is disappointing: I would not consider a zero to be broken within a fluctuation moratorium. 32 pips.

Always ask yourself the question first: what has changed? No closes under the trendline, nothing has. I borrowed the moratorium end signals from the Holy Graph.

Now, the story would be over if there was a happy end. There wasn’t. I did not understand the second Bushwick run for a while. Why was it successful in reaching the trendline again? I know the answer by now: embedding.

I had to give an apt name to this trendline to remind me on what it means.

The Bias is to be derived from the price’s relationship to the embedded overbought / oversold axis,
which represents a fade in the rate of change.
If price cannot reach and turns around, the direction is away from the axis.
If price is cozy touching the line, that means acceptance, embedding and gearing up for further damages in the direction of the axis.
If price crosses over and closes beyond the axis, hedge immediately into the end of the day.

I could had spared me a 9k+ drawdown today if only I managed to figure these things out two days prior.

You asked for this. Actually, you didn’t, but neither did I.

To keep the short story long, I had this 3-day trip to Wakefield one autumn. I went via Coppenhagen, it was quicker and easier from Malmö. A Hungarian comedian (deceased) said once that if the ferry ride was half an hour longer, they would not be able to tie out the boat. Of course, he was referring to the duty free alcohol system on the north. It is a duty and care free bottomless beverage-consumption 3.5 hours ride in either direction (same thing from Belgium, was on it at least 6 times).

…After I squeezed the remaining small bottles of Ballentines at the local McDonalds into my diet coke (I was handed the remaining stock by the flight attendant out of courtesy) I was picked up by Bjorn Lynne / Dr. Awersome / Divinorum to take me to the Team 17 (during Worms Resurrection, but before the release of the Alien Resurrection) office, we went on attending a Toto concert in Leeds together and purchasing everything he ever released and had stock of till that point. I also purchased all available the Douglas Adams books to read & translate – back then all I was living for was to build a legacy website. The univ server was called Nostromo, I swear (another side effect of the 70s). I opted out from staying at the hotel on the second night and with the money I saved I decided to buy some CDs (a media of music that used to exist) upon returning to Sweden.

The local music store had a listen in section: headsets with promoted CDs (Covid was nowhere back then). This was how I casually came across the Geto Boys Resurrection album. I was blown away by it, but the cherry on top was listening to the “I just wanna die” track. From 2 mins 45 seconds into the song this is the lyrics:

I put the pistol to my temple
See the bullet in the chamber
Cocked it back and out of anger
I pulled the crack, see the shells jump out the side
Now I’m fallin back, I’m seein faces but they’re all in black

Without the headset you would probably miss out on this most ingenious usage of a stereo rendering I have ever encountered. There are four sound effects in a sequence:

you hear a gun being cocked up on one side of your head – ” I put the pistol to my temple” – close enough to your ear

then a spin of a barrel chamber – ” See the bullet in the chamber ” – right between your two eyes (ears – same thing)

the gun fires off – “I pulled the crack “

then you hear an empty shell dropping onto the stone floor – “see the shells jump out the side“

This very last sound arrives from the other side of your ear, and although it does not make any sense that the empty shell has “traveled through” your brain, it is as close to as an all attention encompassing self inflicted skull shot as one can go through without actually dying. Simply genius, bravo!

…

I help you one last time, not that you deserve it.

M= Marker; D= Diverger; B=BushWick

///////////zero on the top
if (RSI2[i+1]>97.3 && RSI2[i]<82 && RSI2[i+3]<97.3){
                        ObjectCreate("Panacead"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 99); 
                      ObjectSetText("Panacead"+DoubleToStr(i), "0", 42, "Arial Black", clrOrange);
                      ObjectSet("Panacead"+DoubleToStr(i), OBJPROP_BACK,1); 
}
///////////M on the top
else if (RSI2[i+1]>96 && RSI2[i]<96 && RSI2[i+3]<96){
                        ObjectCreate("Panacead"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 99); 
                      ObjectSetText("Panacead"+DoubleToStr(i), "M", 42, "Impact", clrOrange);
                      ObjectSet("Panacead"+DoubleToStr(i), OBJPROP_BACK,1); 
}



///////////zero on the bottom
if (RSI2[i+1]<2.2 && RSI2[i]>2.2  && RSI2[i+3]>2.2){
                        ObjectCreate("Panacead"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 41); 
                      ObjectSetText("Panacead"+DoubleToStr(i), "0", 42, "Arial Black", clrOrange);
                      ObjectSet("Panacead"+DoubleToStr(i), OBJPROP_BACK,1); 
}

///////////D on the bottom
else if (RSI2[i+1]<6 && RSI2[i]>6  && RSI2[i+3]>6 && RSI2[i+4]<2.2 ){
                        ObjectCreate("Panacead"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 37); 
                      ObjectSetText("Panacead"+DoubleToStr(i), "D", 42, "Impact", clrOrange);
                      ObjectSet("Panacead"+DoubleToStr(i), OBJPROP_BACK,1); 
}

///////////M on the bottom
else if (RSI2[i+1]<6 && RSI2[i]>18  && RSI2[i+3]>6){
                        ObjectCreate("Panacead"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 37); 
                      ObjectSetText("Panacead"+DoubleToStr(i), "M", 42, "Impact", clrOrange);
                      ObjectSet("Panacead"+DoubleToStr(i), OBJPROP_BACK,1); 
}

…

Nothing Personal

I swear I’m not gonna mention here things like

Why I tried applying to be a Marine unsuccessfully twice.

What it was like to be detained in Minnesota.

What it was like to be detained by the DEA in Santa Rosa – went on my driver license as an entry – having my arms zip tied behind my back sitting on my own vehicle’s hood.

What it was like to be at an interrogation about an Interpol 10-most wanted person.

What it was like to lose my wedding ring on Waikiki Beach.

What it was like boom-netting on New Zealand next to the Marlboro private island. Or was it Pall Mall? How should O know, I don’t smoke.

Why do I have business card of an FBI agent somewhere at my house in the Philippines.

Why did my 3.5 years of work at Bloomberg end with a grievance.

The answer is simple: I always end up at the wrong place with the wrong face.

I’m just a next-door neighbor, working hard at trying to stay sober.

Found this too>

Come to think of it, just call me John Nescafee.

This is a collection of data towards a video that may or may not be made. The video was going to be called The Good, the Bad and the Lovely, but I may leave it all as is: raw data, some content, some ideology, nothing too heavy. Imagine U96 for sound track.

The collection started with my blog entry called J.P. Outlier.

Withdrawal may result in losing capital for several months & a lot of headache trying to retrieve it – see my example on this.

…

I get charged $35.70 for swap on 8.5 lots long EurUsd, and 3x that on Wednesdays, which is really painful when I csn only average $85.50 per day.

aka the long in the tooth bunch.

The Daltons in trading are a counter, that can help you time & understand changes in peak buying / selling (insane in the membrane & too long in the blue-tooth).

You need to understand the metrics here. A typical all-out buying lasts around 2.5 hours in length which is 3 candles on the hourly.

With this counter you can now easily see why the magenta sequence on the downside ended on a DeMarkation number of 3 and the magenta sequence on the upside ended on Dalton #6 (black circles on the bottom).

The yellow circles present an opportunity to understand that a quick dip (or a lucky pick) for fresh air below the waterline (RSI2 magenta line) and the return can prolong the rally a bit longer (like an average zombie would). The green stick is the projected distance for the current move, as usual – 1.1902

///upmag start

if (RSI2[i+1]<96 && RSI2[i]>96) upmag_counter = 1;


//dnmag start

if (RSI2[i+1]>4 && RSI2[i]<4) dnmag_counter = 1;

///upmag stop

if (RSI2[i]<82) upmag_counter = 0;


//dnmag stop

if (RSI2[i]>28) dnmag_counter = 0;




///upper magenta counter
     if (upmag_counter>0){
        ObjectCreate("Dalton"+DoubleToStr(i), OBJ_TEXT, indicator_window, Time[i], 3); 
        ObjectSetText("Dalton"+DoubleToStr(i), IntegerToString(upmag_counter,0), 12, "Impact", DimGray);  
        if (upmag_counter==3) ObjectSetText("Dalton"+DoubleToStr(i), IntegerToString(upmag_counter,0), 12, "Impact", White);  
        if (upmag_counter>5) ObjectSetText("Dalton"+DoubleToStr(i), IntegerToString(upmag_counter,0), 12, "Impact", Yellow);  
      }

///lower magenta counter
     if (dnmag_counter>0){
        ObjectCreate("Dalton"+DoubleToStr(i), OBJ_TEXT, indicator_window, Time[i], 15); 
        ObjectSetText("Dalton"+DoubleToStr(i), IntegerToString(dnmag_counter,0), 12, "Impact", DimGray);  
        if (dnmag_counter==3) ObjectSetText("Dalton"+DoubleToStr(i), IntegerToString(dnmag_counter,0), 12, "Impact", White);  
        if (dnmag_counter>5) ObjectSetText("Dalton"+DoubleToStr(i), IntegerToString(dnmag_counter,0), 12, "Impact", Yellow);  
      }

Other: it was just another day

Tell me that the market bottoming could not be seen from a mile away with my Chipotle assortment on display?!

I also changed the percentage calculation, now there may be a case when you get suggested to be 120% long or short, even if you are not a basketball player.

message = "Look for a reason to be ";

int percentage;
if (Close[0]>c0[0]) percentage = 60;
else percentage = -60;

if (Close[0]>iMA(symbol,1440,44,0,MODE_SMA,PRICE_MEDIAN,0)) percentage = percentage+20;
else percentage = percentage -20;

if (Close[0]>iBands(symbol,1440,44,0.8,0,PRICE_MEDIAN,MODE_UPPER,0)) percentage = percentage+20;
else percentage = percentage -20;

if (Close[0]>iBands(symbol,1440,44,0.8,0,PRICE_MEDIAN,MODE_LOWER,0)) percentage = percentage +20;
else percentage = percentage -20;

if (percentage>0) message=message+IntegerToString(percentage,2)+"% long";
else if (percentage<0) message=message+IntegerToString(MathAbs(percentage),2)+"% short";

A Daltonok – in Hungarian.