MQP IRL CONTINUOUS DEMO 4 DETAILED PRICE ACTION
HEADER - This is most updated look for 1-HOUR BAR, RATIO 9/16 in IRL indicator set. By the way, please understand that this is called "CONTINUOUS" because YOU are doing the "CONTINUOUS" part on your side by following this on 15-min, 30-min, and 1H bars. Please like for support.
DIRECTIONS - Upload IRL from my scripts page, add to your favorites, and then you can add it to your chart. Click settings icon, change ratio to 9/16 and Regressive Bands on. Even though directions for IRL are only 50% completed (they are in the comments), that's more than enough for you to apply it usefully. It is highly recommended that you read the directions.
SUMMARY - If you've read DEMO 1, 2 and 3, this is where we are right now. Why IRL and not PIRL? There's no "forecasting algorithm" because this process IS NOT PREDICTIVE, at best SUGGESTIVE. From an execution point-of-view, this would be considered A REACTIVE APPROACH. Hence I am trying to deliver all the tools so you can follow this LIVE bar by bar. I am behind schedule because the directions for IRL has to be finished before I can post Sequential Bolllinger Bands (SBB) and Infinite Trend Change (ITC). Because this move is shaping up to be SO INTRIGUING, I want to focus on delivering SBB and ITC prior to 01/26, I just don't see completing IVO in time. So this is the only guide I will post UNTIL 01/26 FOMC. Use IRL 9/16 ratio for 15-min, 30-min, 1H, 2H, 4H, and 8H bars to zoom-in and zoom out. The focus right now IS D+8 WAVE.
DETAILS - Links to DEMO 1 (previous generic), DEMO 2 (previous detailed), DEMO 3 (new generic/fractals) are below. The whole point here is for you to track D+8 wave, by following D+9 and D+10. DAY TRADERS ARE MEANT TO USE D+11 AND D+12.
DIRECTIONS - Upload IRL from my scripts page, add to your favorites, and then you can add it to your chart. Click settings icon, change ratio to 9/16 and Regressive Bands on. Even though directions for IRL are only 50% completed (they are in the comments), that's more than enough for you to apply it usefully. It is highly recommended that you read the directions.
SUMMARY - If you've read DEMO 1, 2 and 3, this is where we are right now. Why IRL and not PIRL? There's no "forecasting algorithm" because this process IS NOT PREDICTIVE, at best SUGGESTIVE. From an execution point-of-view, this would be considered A REACTIVE APPROACH. Hence I am trying to deliver all the tools so you can follow this LIVE bar by bar. I am behind schedule because the directions for IRL has to be finished before I can post Sequential Bolllinger Bands (SBB) and Infinite Trend Change (ITC). Because this move is shaping up to be SO INTRIGUING, I want to focus on delivering SBB and ITC prior to 01/26, I just don't see completing IVO in time. So this is the only guide I will post UNTIL 01/26 FOMC. Use IRL 9/16 ratio for 15-min, 30-min, 1H, 2H, 4H, and 8H bars to zoom-in and zoom out. The focus right now IS D+8 WAVE.
DETAILS - Links to DEMO 1 (previous generic), DEMO 2 (previous detailed), DEMO 3 (new generic/fractals) are below. The whole point here is for you to track D+8 wave, by following D+9 and D+10. DAY TRADERS ARE MEANT TO USE D+11 AND D+12.
Note
HERE IS A WAVE BREAK DOWN: (posting in 5 minutes).Note
Note
Note
arghh... just lost the updated 15-min chart... I am out of time for today. So the skinny is: waves 4, 5, 6, and 7 are in "UNIFORM BREAK OUT POSITION" where when stacks up on top of each other. This is essentially the GREATEST signal of gold blasting off. WE JUST NEED D+8, +9, and +10 to cooperate.Note
HERE IS D+7 AND D+8 WITH NO LABELS. CONFIRMATION HERE IS 8 MUST HOLD OVER TO FEB 02-03.Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.