My original diamond chart (www.tradingview.com/v/vAyTPG0w/) seems to have broken down on the surface after the blue circle. This was also the charts original success point. Since then, I noticed that if I further divide the purple diamonds into quarters, a number of new and interesting intersections have appeared (red circles).
I wonder if someone doubled the frequency/scale of their trading bot?
Obviously the diamond pattern could be sub-divided to infinity at which point it would never miss surrounding intersections. My goal with such a chart is to maximize the diamond area while still providing accurate intersection points to identify larger trends and movements.
I wonder if someone doubled the frequency/scale of their trading bot?
Obviously the diamond pattern could be sub-divided to infinity at which point it would never miss surrounding intersections. My goal with such a chart is to maximize the diamond area while still providing accurate intersection points to identify larger trends and movements.