I like trying out different indicators, searching at random to see what clicks. This "Honey Cypher" indicator is a recent favorite. I've circled the fractals on a 19H chart. Two consecutive dips on the Honey Cypher chart, where it does not break above the 0 mark, precede a rather large dip on the price chart. The magnitude of the price chart dips also seem to correspond to how far apart the Honey Cypher dips are, along with how symmetrical the dips are. The current pattern emerging show the most symmetrical and spaced apart Honey Cypher dips yet.
Check out the "Related Idea" for specifics on the Honey Cypher.
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