What is the RSI Color Extremes Script? The RSI Color Extremes Script is a different take on the traditional RSI. With a shorter period setting, short-term trends and extremes can be detected. How is RSI Color Extremes different from the traditional RSI and Connors RSI (CRSI)? While the traditional RSI is 14 periods, the default setting for this script...
A lot going on here, main takeaway is these are the extremes of what to expect going forward. Methods used : - harmonic patterns - wolfe waves - control charts (I built my own stability motoring/anomaly detection model in R) - time series analysis (its a random walk, it really is) General Expectation s: Expecting near-term bounce to 47k-53k by early May (there...
BCHUSD Wait for this to come to you It's been a struggle today just keep around break-even here. At least the 1570 high and danger point was identified but we should have shorted there with stops above - kind of obvious now of course. The technical picture here has deteriorated today. It's broken below the parallel and this line is now acting as resistance to...
GBPUSD closes below the 95% reversal SD Channel line, also LSMA gains momentum past price action indicating a pullback is close.. Short term is bullish but no interest in GU topside. INSTEAD we let the bullish technicals play out, hopefully carrying us back to 1.465-7, then we SHORT from these levels where several resistance levels lie and volatility resistance...
Only short when shorter moving average (80 SMA) is over the upper thick bollinger band (400 SMA square root of 2 standard deviation band). Only long when it's below the lower. The actual entry trigger is one of six things (in order of most importance): 1.) test of major horizontal resistance line 2.) break of a pattern that supports the bias (e.g. M pattern for...