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.
21,560.77 / 252 = $85.55 per day.
…
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.
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";
The thing about inventing new indicators is that you don’t immediately know what they could be best used for.
To finally give an answer to my Do Not F up the bias entry,
I now invent a weighted size system, that believes 60% to the moat hotstepper and 40% to the 44 SMA (which is the borrowed mean discussed in my Keltinger Moat entry).
The hotstepper is the previous moat median printed 7 samples earlier.
c0[i]=(c11[i+7]+c22[i+7])/2;
Not sure why I made this choice, but given that the CI calculations were made with 14 sample, I guess I needed a number seven somewhere. The bottom line is that it is very very useful.
message = "Look for a reason to be ";
if (Close[0]<c0[0] && Close[0]<iMA(symbol,1440,44,0,MODE_SMA,PRICE_MEDIAN,0)) message=message+"100% short";
else if (Close[0]<c0[0] && Close[0]>iMA(symbol,1440,44,0,MODE_SMA,PRICE_MEDIAN,0)) message=message+"60% short";
else if (Close[0]>c0[0] && Close[0]<iMA(symbol,1440,44,0,MODE_SMA,PRICE_MEDIAN,0)) message=message+"40% short";
else
if (Close[0]>c0[0] && Close[0]>iMA(symbol,1440,44,0,MODE_SMA,PRICE_MEDIAN,0)) message=message+"100% long";
else if (Close[0]>c0[0] && Close[0]<iMA(symbol,1440,44,0,MODE_SMA,PRICE_MEDIAN,0)) message=message+"60% long";
else if (Close[0]<c0[0] && Close[0]>iMA(symbol,1440,44,0,MODE_SMA,PRICE_MEDIAN,0)) message=message+"40% long";
Now, it is also important to understand that the sizing does not mean going long and short at market to the extent of the percentage, but rather making trades after recognizing promising divergences and parabolic endings.
Introducing the Magenta Hot Chili Pepper
To be Frank (Drebin) I wanted to go with the icon of a Gun or a at least a Rooster as a reminder,
“They would respect the cock, whether or not they believed in it” (from Trying to Find a Balance – see last blog entry), but it seems that the makers of the Webdings and Wingdings font were living under the bridge.
Nick Rhodes now smarter with some brand new invisible hotsteppers.
What is that pepper on the bottom left? That’s a mistake, I’m a developer, get used to it. I have to change the filter from i to i+1;
The magenta color is also supposed to be a reminder of the receiving end / exit condition, which mostly would include a magenta print and or a muted rate of change divergence.
What did I mean to say with this entry? That I have found my way into the future with combining my divergence finder with the Energy Bands and the Bollinger base.
There is also a great deal of satisfaction out of being able to resist posting some Red Hot Chili Peppers songs here. It would be simply too easy.
Now, ask yourself the question, how can a Gun without Ammo be a weapon? With a Bayonet, you silly!
Regardless, the quick change act is detectable on the upside as a sequence of
i+2>96
i+2<98
i+1>98
i<93.5
Visually a dark Green and a Magenta back to back, or on my score system 2-3-0.
This condition received a plot both beneath and above, I’m talking about the Vertigenta label (Vertical Magenta) and the red, Vienna Calling icon. Yes, Falco used to be the coolest thing on the planet
but Madis is the current favorite, as far as the internet goes.
There are tremendous implications to be had, such as: there is no reversal back down without a Vertigenta or a Guns + Ammo print. A divergence is only broken 20+ pips out. Think about these things, deeply.
MR. N is part of the Santa Claus Nicholaus family.
It is a sequel to Nicholas Gauge in Technicolor.
A sophisticated RSI divergence tool that can help you better understand what is happening, why and where.
N. Rhodes is in the 3rd inficator window. It also plots Divergence Up/Down onto the chart as well as makes buy/sell suggestions 1 or 2 lines out. It is responcible for the levels plotted as well as for the sorted list with the likely culprits highlighted based on the 3Day average true range measured from the last consolidation imprint, the magenta strokes, the beat triangles – a lot of things.
The letter “h” is a patent of Peter Reznicek.
N. Rhodes can explain why is it not possible tempoarily break out of an h pattern lower.
The context of an h is an RSI divergence folded back on itself, which simply cannot give in this manner, and thus it would stop the progression.
When a divergence prints, it would arrive with a safety cushion beyond (bed, bath). In general 1/2 fluctuation size would be the right consideration or 16 pips on Eur/Usd hourly.
Lack of Magenta (98+ reading) above the white belt during the hump of the h
Once a divergence is set, breaking it only stands a chance with the right kind of fuel. Prosperous phosporous (magenta) is necessary for an up to speed piro tech. This is where the letter of the day, h falls short. It stages a doomed, despeate desperado run on the folded pizza slice. “Snap, I’ve got no power.”
Yea, I know, this article is getting kind of hectic – life is but a shoot-em-up game.
Yea, we’re gonna start with some interesting Bollinger settings to spot / participate in a trending market with a simple set of rules.
The sample size is 44 and the standard deviation is set to 0.8
It is a good idea to look for a narrowing of the bands. Take note of the pop in one direction. When the outer limit gets taken out – that’s your safe entry with a limited size risk: the stop loss could be placed under the swing low that was printed piercing the middle line (44MA). The early bird can start with and even smaller risk entering at the upper band, and the bird that does not sleep could have a go at the top of the doji further minimizing the risk.
Adding is promoted until a struggle becomes obvious by printing 3 fractals at approximately the same level and have corrections between them, not mere pullbacks. There are no definitions over this, but if you compare the middle section with the white line area, the depth of the corrections in the latter are in excess of 200 pips each.
Now, let’s discuss a possible usage of the Energy Bands or Moat, my personal invention.
During the expansion of volatility the moat itself can be hit multiple times, but this should not be taken as weakness / reversal, au contraire.
The first encounter with the green moat on the right did not happen on a lower low (the swing low was set in the valley prior).
The two bands are not symmetrical, so the upside and the downside work in a slightly different manner.
On the upside you need to have seen a hit before in the same direction, but the preceding hit had to be more than 6 days earlier for an instant sell.
On the downside the hits are scarce: they have to match the rhythm. After a hit happens, you need 6 days off before a bona fide entry – and by then the price may be well on its way as the first example shows (it granted a doji though graciously to make the entry easier).
I guess you could exit the shorts on a hit of the green moat – but then go back in again upon the violation of that daily low – one time.
I kept the Keltinger bands on for you to spot the continuation entries – both on the downside and the upside, as well as to find the railroad tracks which are the sign of severe lack of energy, every ounce being gathered to make that beat (the first move off the railroad coil is in the wrong direction).
Currently the 7 sample CI reading is 71+ which is extremely high and may be a sign of a long travel ahead – odds do not favor the downside now that the count is up, Dracula.
The Violet V-s are Volatility Whips (another personal contribution), the five legs are always identifiable on any time frame, and they do not comply with the E.W. principles of no overlap or 3 has to be the largest – as you can see from the blue structure above.six counts
Optimal short and long entry>
The fact, that I had 1.1763 as target (Projected Distance – proprietary routine by Macdulio) from the 6th of July speaks to the genius of the professor of trading. The fact, that I have not been trying to short the heck out of this market until this level came up speaks to the undisciplined, doubtful trader that I am.
As you can see, the projection is not a range, not an either this or maybe that, but a call within five pips of the actual target. Distance projection has nothing to do with market profile, volume profile, trendlines, Fibonacci or harmonics, it is merely a distance multiplication by a constant I found relevant.
This blog is turning 4 years old this month, and there are number of things to remember in July; 3 birthdays in particular. The official music for this occasion would be Knülla Kük by Moby.
Kük means Cock and Knülla is something you can do with it. I almost feel sorry that these were the first two words in Swedish you had to learn.
Einstein is dead, Elvis is dead, and I am not feeling too well myself.
17th of July Gyuri
18th of July Attila
19th of July Gábor
One of these committed suicide. One got poisoned, but his death was recorded as natural occurrence (Embolia is a symptom, not a cause). It is only me now with the living, and what am I doing with my time? I make a blog with it.
You’ve been a good sport to have made it to this point, so I’ll cut you a deal.
I made the following changes to the Squirt: besides the existing divergence of higher high, lower RSI2, previous reading was magenta, I decided that I should be calling a magenta read that had a magenta in the ancestry (5 hours earlier) a squirt regardless of the divergence being present or not.
I started using the TTM humps as filters, so for instance, the finder of the “W5 peaked” is looking for a positive hump (DeepSkyBlue print) besides the magenta reading
I can’t stand when people use the expression “price action”. Partly because I first heard it from Anton Kreil, for sure, and I hate scammers and everything he does (exploiting traders for life taking most of their profits beyond the expensive “tuition”) – the ultimate capitalist (& arrogant alcoholic pig) – a bit like HedgEye’s McCollough. (So how would I define scamming in the light of this? Misleading people and causing them material harm out of bad will – the key here being maliciousness: they know that they don’t know, but they take your money pretending to be someone they aren’t.)
But we have nothing in common if you think that the market is ever doing some random shit.
The market is the most conscientious thing out there and do not confuse you not getting the sequence of the events right with price making unconscious movements. That’s not to say that there may not be low liquidity periods waiting on an announcement, but news do not change the already existing positioning and they are not going to change a Wave 3 down to a Wave 1 up for instance no matter what the context would be. The big players cannot simply ditch their futures contracts without somebody wanting to buy them (see zero sum game).
Douglas Adams’s Hitchhiker’s Guide to the Galaxy was a trilogy in five parts.
The first image shows a 3-wave “zigzag” in red that are 3 waves long that are made up of 5 distinguishable legs – with overlaps.
The second, white zigzag is followed by a VW or Volatility Whip, which is like a coda in music, but here, again a purposeful thing: you have the 5 legs and the volatility gets worked up for the next move up.
How do I read the current move up then? A Wave 3 up with price currently being at the end of wave 1 of Wave 3. This move up does not at all look corrective with the squirt at Mr. Maroon and the extended stay above the mean, ignore Captain America. There is a slight divergence between the magenta block and the green print – but alternatively – slightly less odds on this one – with continued buying could wipe out the divergence and call the pull back to the mean wave 2 of Wave 3 placing the price into wave 3 of Wave 3 up.
Firstly, I would like to prosecute the accusation that this indicator was initially called Nicholas Coppola (Inglés isn’t my first language, y’dummy 🙂
I had to consider a lot of things carefully.
I had to conform with Bitcoin ETFs.
Magenta is a non-existing color, more here:
I had to be considerate with those who had / have
a Fiat Chroma as a vehicle
an XT/AT with a monochrome monitor
Chrome disease
childhood restrictions on consumption of flashing images
religious intolerance of backgrounds other than white, with very little black allowed here and there.
To satisfy all of the above and avoid mentioning colorblind in this blog entry, I have got some news for you about black and white: they are not colors, but tones (learned it from a photographer, so there – you came here for the truth and I unveiled it for you).
Nick Gauge got its nickname from dealing with RSI extreme readings in a nick of time (I’m gonna resist inserting nicotine in this sentence – failed).
Usage:
change the lookback value for sample length, change the indicator window if it is other than 1
The bottom lines are the following:
Unsustainable is a fragile condition. It urges a sudden resolution.
It is a little bit like ice fishing: you have to come up for water to be able to continue at all.
There are a number of possibilities.
A squirt is when inertia carries the price too far -> reversal
Coming up for air is a counter move that moderates the relative strength to keep on progressing by a thousand cuts.
Embedding is a neat little idea, but exactly which time frame with what sample size should be the standard for this?
Price can slip back or turn for good
Now, the squirts are to be taken seriously, if they get exceeded, that is a bona fide break, and you need to make changes to your holdings.
Sustainable buying / selling – after unsustainable buying a sustainable selling phase may be a good entry. Think “3, 4” blocks out.
You can spot divergences, work off of extremes, etc.
I have not been able to upload anything since WordPress eliminated the option of a ZIP file back in 2018. Can’t change this, sorry.
Link updated, it’s been a while since I shared a Google Drive file.
Lastly, some shout out to my homie, Jeff Bezos*: I always wanted you to go into space, man!
You must be ejected at once before you develop Blue Balls from some Unidentified Origin down here, hehe!
* About the Amazon connection: i was once interrogated interviewed by a company rendered directly below them. I had to study Amazon’s principles (apparently not only Ray Dalio has these things), and I failed to dress to impress; backhround srarch revealing fake LinkedIn account. Etc. They could not take the risk of being associated with me. Noone can.
I managed to dodge a mullet, yet I failed to ride the bullet – as the crucified Army of Flowers put it back in the daze.
This is getting comically embarrassing, since somewhere deep inside – and I know, this I cannot hide – I know the right answers.
so let’s erase & rewind
when things line up according to the book,
The terminal of Wave 2 sets up an extreme both on RSI and Stochastics that the Wave 4 can set up a continuation divergence against.
This Outlier was not the droids you were looking for. In fact – Oh Riviera – his name was Oliver Oliveira. He wasn’t from the Wave 4th Squad, but from the 4th Brigade of the Wave 3rd Squadron, my pardon, padre.
The right Flag Leg count thus goes like this:
Not sure what to make of the This Time It’s Different mentality other than it has to be something genetic.