The gold line is the 100 day Hull moving average based not on price but on the ALMA (default settings). Works nice on the 1 hour chart too. It's not a perfect buy/sell line as you can see in some of the sideways moving price action, but generally, if you just used this line to buy when price closed above and sell when price closed below you would be doing pretty...
I stumbled on this using the Tradingview cycle pattern tool and it seems to be a valid cycle although I don't know how long this cycle of bottoms and tops will continue. The next one is set for Oct 8. The only problem is I can't figure out if the next cycle date will be a top or a bottom. I guessed on the last one and made a 8.5% profit using HGU (2x ETF for...