orangequant1

orangequant1 Updated 

This implements a use of golden mean in an indicator. Above the moneymaker is bullish; below is bearish. Seems to work fairly well in eu H1. //@version=4 //developed as a public service of orangequant1 study("goldmean",overlay=false) pipdiffhi = (high-high )*10000 pipdiffclo = (close-close )*10000 endcalchi = (pipdiffhi -1.61803398875)/1.61803398875 endcalcclo...

orangequant1

TV keeps dropping my brackets from the Frankenstein post below. So I use parens here instead, and say "theopen=(8)" but the parens should be brackets. So please add that to the code below.

orangequant1 Updated 

"Frankenstein" is the code I often call "Frank". It's below. At first glance, you'll think it's just a way to show a different timeframe and with candles. Wrong. Its candles are dynamic with the chart's tf. For example, a 4-hr tf starts at 5pm ET, ends at 9pm ET. But, say, the 7pm ET Frank candle (running a 4-hr lookback) does not show the standard 5pm ET tf--...

orangequant1 Updated 

Synthetic Trendlines. Vertical distances of A/B and B/C (hi-lo-hi) are used to form a rectangle. The synthetic trendline is then formed by drawing a diagonal line from one corner of rectangle to another. As far as I know, cannot show that process in TV- had to do it with a paint program then draw the lines here. In other words, a rectangle is drawn using those...

orangequant1

Proprietary algo Birdman is used as trend indicator, long-term and short term. If the outside line is within the positive cloud, it's bullish; negative cloud is bearish. Also, can turn suddenly. Keep updating chart.

orangequant1

SPXS above 2670 dooms bulls. SPX loss = depth of cup after that

orangequant1

Upside target 6500. Support is VWAP.

orangequant1

Crypto has given me fits. Here's what 'resembles' an Hourly bear flag but hyperextended. Yet it may play out within confines of the arc shown.

orangequant1

This is just a helpful tip on finding Inflections, as described on chart. I'm not selling anything. I developed FLIR years ago and was selling packages. Now I just give stuff away. Prefer to focus my time on trading.

orangequant1

Analysis and 6800 target is on chart.

orangequant1

Resistance is shown on chart. If you measure height of 'W" and add it to top of "W", that's resistance.

orangequant1 Updated 

My reasoning is in the image below.

orangequant1

Simplest application of FLIR. Draw any two intersecting trendlines; find any inflection to left of intersect; use line tool to measure height between trendlines at that inflection point; clone that vertical line and drag to right of intersect 'til it fits between the two trendlines, and that should mark another inflection. WARNING: whipsaws are possible, but right...