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.

((Low[i]<Low[i+1] && RSI2[i]>RSI2[i+1] && (RSI2[i+1]<2 || RSI2[i+2]<2 )) || (RSI2[i+1]<2 && RSI2[i]>2 && RSI2[i+6]<2))
((High[i]>High[i+1] && RSI2[i]<RSI2[i+1] && (RSI2[i+1]>98 || RSI2[i+2]>98 ))|| (RSI2[i+1]>98 && RSI2[i]<98 && RSI2[i+6]>98))

Now all the blacks can be utilized with the 3-step triangles to be plotted for the expected location of the beat.

The scaling goes like this:

>98+ = +4 squirt (with divergence or persistently unsustainable buying)
>98  = +3 unsustainable buying
>96  = +2 
>93.5  = +1 sustainable buying 

The same goes in the opposite direction from -1 to -4

this allows for Highlighting divergences with a higher level search

score[i]>-1 && score[i+1]<0 && Low[i+1]<iLow(symbol,0,iLowest(symbol,0,MODE_LOW,20,i+6))
&& score[iLowest(symbol,0,MODE_LOW,20,i+6)]<score[i+1] 

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

score[i]==0 && score[i+1]==3 && score[i+2]<3 && score[i+2]>0  && upD[i+1]>0

Anno Memory

What is this?

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.

This much would be enough to digest for a lesson.

…

A ThursDay present.

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.

1. A squirt is when inertia carries the price too far -> reversal
2. Coming up for air is a counter move that moderates the relative strength to keep on progressing by a thousand cuts.
3. Embedding is a neat little idea, but exactly which time frame with what sample size should be the standard for this?
4. 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.

Nicholas Gauge.ZIP

(an indicator by Francis Fjord Macdulio)

Lastly, some shout out to my homie, Jeff Bezos*: I always wanted you to go into space, man!

* 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.

Something I did not have the time for yesterday:

the displacements for the beats.

---

Did I say something about divergences?

aka Jean Paul Outlier II

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.

conclusion: play it by the book, not by the ear

that’s the ticket to beat the high rollers, i.e.:

John Barter

I had no time for this at work, but see for yourself if what I said stands for the last 5-wave structure down>

…

i>12 && RSI2[i]>RSI2[i+1] && RSI2[i]>RSI2[i-1] && RSI2[i]>80 && RSI2[i]<97 && RSI2[i]<RSI2[ArrayMaximum(RSI2,28,i+2)] && RSI2[ArrayMaximum(RSI2,28,i+2)]>90 && RSI2[i]> RSI2[ArrayMaximum(RSI2,10,i+2)]
                  && RSI2[ArrayMaximum(RSI2,10,i-12)]<RSI2[i]

& thus RSI2 Brindizzi was born

---

the development can’t stop, won’t stop

The Phoenix will rise again &

The Phoenix shall order fries again

Don’t mind me, just stalking to the moon here.

Wednesday today – every Wednesday sucks – you end up with unwanted shorts and triple swap for the occasion.

Screwed up the wave count again, no amount of reminders are ever enough.

Remember November that a Wave 3 always ends in a visible RSI2 reversal divergence, Jean Paul Outlier is the lube master that simultaneously applies the catching breaks on the rail.

32 pips = fluctuation size

45 pips = fluctuation maximum + failed break

64 pips = 2x fluctuation size aka progression

Should have been obvious, this. What I took as a Wave 4 end reading was too low, and Wave 3 was too short.

The upset is that I can’t automate this find. My RSI2 divergence searches pick up a lot of divergences, but not this one>

---

This month should had been my best, yet I fell short from the March peak every which way, when even on balance basis the account was up 980%. I have been treading water since, only adding to the balance and taking on more and more float. The range is not tremendous, all positions have been opened within a 240-pip range, but the nominals, 3.4 lots shorts and 7.15 lots of longs are uncomfortable a bit for now. Main reason? The damned swap on the longs.

June, 2021:

Did 7-11 call the bottom? You bet your sweet ass it did.

What is the similarity in the following two pictures?

There is a green line, good. Parabolic move? Define parabolic, Mr. Captain America!

That’s right, that’s bright.

High[i]>High[i+1] && High[i]>High[i-1] && i>0 && High[i]-380*Point<iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,i+4)) && High[i]>iMA(symbol,60,207,0,MODE_EMA, PRICE_LOW,i) && High[i]-250*Point>iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,i+4))

See what I did there? I quantified the distance I want to see between this high over the mean: not less than 25 pips but not more than 38 to the last step down. I’m a quant: a quant quantifies things.

Do you buy doughnuts by the dozen? Milk by the liter? Do you measure the time with something? Everybody is a quant on this bloody planet.

Why do they have to Mystify things?

In Europe people measure things. We have functioning penis-enlargement economy.

The unofficial, Italian currency of appreciation is Un Ereccione.

I have been trying to get you to start measuring things, I swear, and to count, all the way to three.

Pay attention to the SOS only after the correction is over with. Count. Captain America (now part of the Fractals Blobified routine) = parabolic move => you’re gonna see 3 waves down.

& for last, what’s the play after a 5 Wave down followed by SOS?

Buy the SOW (sign of weakness) and afterwards buy the ABC beats, i.e.:

Why? Because the weekly music is still Green – only Capt. America put up some fight temporarily.

There is a reason I made the Candle Fabricator routine.

Let’s look at what the “86 filter” was capable of picking up on with these and similar premises:

///in order to this week to be the swing low, the week has to make a lower low and 
/// it has to close up by 85 pips and be black
/// or it as to close up by 50 pips, the previous week has to be black and the current low has to be below the previous close by 85 pips 
/// you want to see a tomato wick for a bottom

It looks good, doesn’t it? But what about the current low?

Be a fox and think outside your socks.

If you combine the last two weeks as a bi-weekly candle, it would fulfill the criteria of a long wick at the bottom.

As you can see the original premises already had the idea of reaching beyond the restraints of a single time frame by combining the last two weekly candles to measure a wick that is larger than 85 pips.

This current example needs a little more finesse.

(Close[i+1]<Open[i+1] && Close[i+1]-Low[i]>850*Point && Close[i+1]-Low[i]>550*Point && i>0 && Low[i+1]<Low[i+2] && Close[i-1]-Low[i-1]>460*Point) 

I myself said that it was not a valid low. And it wasn’t until the next week printed and my vision along with my filters had to be re-adjusted to spot Jon and his Wick.

Rather different picture now, isn’t it? Do you still trust candles of a single time frame? I urge you to re-consider!

Let’s do some traffic for Brian Hazard as well…

From the series, “there’s nothing sacred on this blog”.

“There are two kinds of people, as there are two kinds of candles. Monchiki and Nunchaku. One cannot quote themselves, learn this for once and all, Mr. Nial Fuller.” (Achilles Dentaku)

A candle can either close above the halfway mark of a given time slice or below it.

#property copyright "Copyright © 2021, Macdulio" 
#property link      "https://forexfore.blog" 
#property description "There are two kind of candles"
#property description "in this world."
#property description "Adjust colors for"
#property description "Monchichi and Nunchaku"
#property description "if you dare."
#property strict;
#property indicator_chart_window
#property indicator_buffers 4
#property indicator_color1 Tomato
#property indicator_color2 PaleTurquoise
extern int lookback = 25;
double HighBuffer[],HighBuffer2[];
double LowBuffer[],LowBuffer2[];

int init()
  {
  
        SetIndexBuffer(0,HighBuffer);
   SetIndexBuffer(1,LowBuffer);   
   SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID,4,indicator_color1);
   SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID,4,indicator_color1);
  
  
          SetIndexBuffer(2,HighBuffer2);
   SetIndexBuffer(3,LowBuffer2);   
   SetIndexStyle(2,DRAW_HISTOGRAM,STYLE_SOLID,4,indicator_color2);
   SetIndexStyle(3,DRAW_HISTOGRAM,STYLE_SOLID,4,indicator_color2);
 
  
//----
   return(0);
  }


int start()
  {
    ArrayResize(HighBuffer, Bars); 
  ArrayInitialize(HighBuffer, EMPTY_VALUE);   
      ArrayResize(LowBuffer, Bars); 
  ArrayInitialize(LowBuffer, EMPTY_VALUE); 
     ArrayResize(HighBuffer2, Bars); 
  ArrayInitialize(HighBuffer2, EMPTY_VALUE);   
      ArrayResize(LowBuffer2, Bars); 
  ArrayInitialize(LowBuffer2, EMPTY_VALUE); 
  
//--------------------------------------------------------------------


for (int i = lookback ; i >= 0; i--) {
   
 ///Monchici
     if (Close[i]>(High[i]+Low[i])/2) {HighBuffer2[i]=High[i]; LowBuffer2[i]=Low[i];}
//Nunchaku     
     else {HighBuffer[i]=High[i]; LowBuffer[i]=Low[i];}

}
//----
   return(0);
  }
//+------------------------------------------------------------------+

Filter ideas:

• eliminate inside candles
• don’t mark up shaven candles (no wicks)
• exclude candles that do not expand the previous length by at least 5%

something like this:

Remember that scene at the pub in the Leaving Las Vegas, where the barman tells to Mr. Coppola Cage: “I can 86 you any time I want!”

I’m just saying regarding bottom picking.

Filters for example (on the downside): a lower low and a wick larger than 86 pips, or a distance of 85 pips between the last candle’s close and the current wick whilst the current wick is still in excess of 50 pips and the last candle closed lower than opened.

There is still a debate between the Outlier – Beat and the Seven – Eleven for getting the pad’s location right.

Regardless, the ultimate answer of taking on a low risk, large sized holding would have to be a combination of a Sign of Strength / Sign of Weakness and the entries themselves would have steps derived from the volatility from the mean (see the Stretch Marker) – further on this later.

First, some definitions out of the way.

Sign of Strength = (hourly RSI2 HL2 > 85)

Sign of Weakness = (hourly RSI2 HL2 < 15)

I now have have a plot going on included in the Sochastic Longbow routine, besides the labels, there are the indication boxes (sparing actual RSI2 plots) and the second row is a 10-sample summation. I was considering to put the label “Fureza” on the upper one and “Interpretación” on the lower, but admittedly it is getting crowded there yet again.

   sum=0;
    
     for(int j=i+10;j>=i;j--)
     {
      sum+=dir[j];    
     } 
     

The distance from the mean gets rounded for a multiplier.

          if (Close[i]>iMA(NULL,0,207,0,MODE_EMA, PRICE_HIGH,i)) ExtATRBuffer[i]= MathRound(MathAbs((High[i]-iMA(NULL,0,207,0,MODE_EMA, PRICE_HIGH,i))/FMax*10000));
  else if (Close[i]<iMA(NULL,0,207,0,MODE_EMA, PRICE_LOW,i)) ExtATRBuffer[i]= MathRound(MathAbs((iMA(NULL,0,207,0,MODE_EMA, PRICE_LOW,i)-Low[i])/FMax*10000));
  else ExtATRBuffer[i]=1;

FMax stands for fluctuation maximum, and is a consant.

Since the market reached a 5x fluctuation maximum stretch (after the ROC label with the x after it) from the mean, my current multiplier for the displacement is 5.

Summa Summarum after the SOS signal, the displacement for the 1/2 size entry from the Eleven count is 5×4=20 pips and the full size displacement is 5×7= 35 pips (see the first image with the “Best Long after SOS” plot)

ObjectSetText("TEACHER"+8,"½: "+DoubleToStr(NormalizeDouble(wronglong-ExtATRBuffer[0]*40*Point,4),4),11,"Arial Black");

ObjectSetText("TEACHER"+9,"ƒ:  "+DoubleToStr(NormalizeDouble(wronglong-ExtATRBuffer[0]*70*Point,4),4),11,"Arial Black");

But teacher, there are things, there are things that I don’t want to learn…

The new company logo has landed…

This is gonna be almost like a Klondike game, but you can actually make money with it.

Game rules:

1. On Friday you must close your open position unless the market is closing on a weekly high / weekly low.

2. Over the weekend you must fabricate the two last candles. They would be the last weekly high/ low / close and the prior week’s 3 values unless there was a shaven candle (in this case you combine it with the following week) or an inside week – in this case the last candle would remain the one over, but the close would have to be rolled over to the next one.

3. The software derives the candle color from the relative close in the range.

4. If the last fabricated candle was red, you attempt to sell, if it was green, you attempt to buy in the following manner:

you wait till the price trips one of the play percentages and prints an hourly low / high beyond it. You place a buy / sell stop at the gray line thus likely sparing yourself the draw down bit that would come with a limit order.

5. If you don’t get a fill at that level, and price continues to another trip wire, so be it.

6. Sizing is to be calculated from the current equity and bet 20%, 50% or 80% of your maximum risk at the trip wire that is being courted with.

As an exercise, the current courting is happening around the 50% level, and so your sell stop order should be at 1.2179 (gray number on the right).

Yes, I was excited to make this routine a reality after inventing it during work. It took me 2 hours to code it and make the blog entry for it. Very satisfied, especially that I have made EAs that place limit orders in a similar fashion, you can generate/plug in the level, but they would only place the pending stop order out after the level aimed for gets exceeded first. Also, this system could be applied to any other instrument.

…

…

& now there is the ghost of the current weekly candle as well