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The Swamp

  • #121,881
  • Mar 25, 2025 3:15am Mar 25, 2025 3:15am
If anyone can convert this to meta 4 its appreciated.. its just placing a trend line with a adjustable setting of deviation for a stop loss
//@version=5
indicator("Trendline Deviation Stop-Loss", overlay=true)
// Define trajectory anchor points
time1 = timestamp(2025, 03, 24, 11, 00)
time2 = timestamp(2025, 03, 31, 23, 59)
price1 = 1.08584
price2 = 1.0398
// Calculate slope
slope = (price2 - price1) / (time2 - time1)
trendline = price1 + slope * (timenow - time1)
// Deviation calculation
atrLength = input(14, "ATR Length")
deviationPercent = input.float(1.5, "Deviation %", step=0.1) / 100
atrValue = ta.atr(atrLength)
deviation = deviationPercent * atrValue
topDeviation = trendline + deviation
bottomDeviation = trendline - deviation
// Plot trendline and deviation levels
plot(trendline, color=color.blue, title="Main Trendline")
plot(topDeviation, color=color.red, title="Upper Deviation Stop")
plot(bottomDeviation, color=color.green, title="Lower Deviation Stop")
// Alert condition for invalidation
invalidation = close > topDeviation or close < bottomDeviation
alertcondition(invalidation, title="Invalidation Alert", message="Price has breached the deviation stop-loss level!")
those who can, do. those who cant, talk about those who can
  • #121,882
  • Mar 25, 2025 3:37am Mar 25, 2025 3:37am
Quoting gatorinla
I dont know what will happen. If pa gets aggressive on a fall. Don't get in the way. This trendline trajectory schedule may be where it goes {image}
it is still a bit too slow compare to what we would expect to see, but wont be surprise once it has decided it will go down fast
Patience, Emotion Control and Discipline.
  • #121,883
  • Mar 25, 2025 3:43am Mar 25, 2025 3:43am
The 12h closes shortly. -1.0793 or better is what I want
those who can, do. those who cant, talk about those who can
  • #121,884
  • Edited 3:56am Mar 25, 2025 3:44am | Edited 3:56am
Quoting johncen
{quote} it is still a bit too slow compare to what we would expect to see, but wont be surprise once it has decided it will go down fast
Maybe after this next hour. But it still has stuff 740/50 ish.. Counting today the q has 5 days. Now a close below 793 is still in the game.
Even 806.. But it may be time to tighten up. +806 is not what shorts want. It makes it hard if sustained above 806. Somewhere above 806 may be a stop to consider.
I wont say its bullish there, but more neutral. A swing trader may want 877+ 836+ is another for a stop loss
those who can, do. those who cant, talk about those who can
  • #121,885
  • Mar 25, 2025 4:04am Mar 25, 2025 4:04am
It made it on the 12h below 893. London does its DST later than the u.s. I dont know if it makes a difference on the 12h. But london may close its 12h an hour later. They sink up after this weekend
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those who can, do. those who cant, talk about those who can
  • #121,886
  • Mar 25, 2025 4:19am Mar 25, 2025 4:19am
London is pressing.. Closing below 790 on the h is probably losing footing.
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those who can, do. those who cant, talk about those who can
  • #121,887
  • Mar 25, 2025 4:50am Mar 25, 2025 4:50am
I got all the green lights i wanted. A week close below 935 29 877. Yesterday a close below 1.0806. This morning a 12h close below 1.0793. A pull to 1.0410 398 dont seem to be strong enough. I got all my "I' dotted and "Ts" crossed for my short. My stops above 806 may get hit.
410 and 398 this month was a 73% trade early on from 95x.. The calendar was always the worry.
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those who can, do. those who cant, talk about those who can
  • #121,888
  • Mar 25, 2025 4:52am Mar 25, 2025 4:52am
Quoting gatorinla
London is pressing.. Closing below 790 on the h is probably losing footing. {image}
dont like the pa unless it slam it back down soon
Patience, Emotion Control and Discipline.
  • #121,889
  • Mar 25, 2025 5:03am Mar 25, 2025 5:03am
Quoting johncen
{quote} dont like the pa unless it slam it back down soon
I got all the signs I wanted. Even if it was sluggish. Its still under 806. If it was to do what i planned. It would be some large red candles. It's looking neutral above 806.
those who can, do. those who cant, talk about those who can
  • #121,890
  • Mar 25, 2025 5:07am Mar 25, 2025 5:07am
The rubber meets the road here.. 806
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those who can, do. those who cant, talk about those who can
  • #121,891
  • Mar 25, 2025 5:13am Mar 25, 2025 5:13am
If you want to short a day trade for today.. 1.0858ish is a place to look. tp 1.0793 ish
those who can, do. those who cant, talk about those who can
  • #121,892
  • Mar 25, 2025 6:08am Mar 25, 2025 6:08am
I still think its bearish but not likely to hit 410 this month. Back below 806 and 793 is probably bearish. sustained below 788.5 is st bearish
those who can, do. those who cant, talk about those who can
  • #121,893
  • Mar 25, 2025 7:16am Mar 25, 2025 7:16am
Quoting gatorinla
If you want to short a day trade for today.. 1.0858ish is a place to look. tp 1.0793 ish
I have 1h dynamic R at 853. 410 looks out of reach. But there may be an attraction to 0793. Breaking below 806 may be a continuation lower b/o. Better evidence is sustained below 788.
I had all my ducks in a row targeting 410 932. I dont know if it affected it or not. I'm hearing more tariff talk coming
those who can, do. those who cant, talk about those who can
  • #121,894
  • Mar 25, 2025 7:32am Mar 25, 2025 7:32am
Quoting DMA Trader
{quote} Anyway, it's starting to look good on the daily chart too. I was thinking we might hit 770 today, so I’d reduce a bit of my exposure and try to short again, maybe around 800/820 or a bit lower tomorrow. For now, we’re dropping slowly because there are still plenty of bulls, but once we fall like a rock, I think we’ll easily drop below 700.
We’ve reached around 770 and jumped toward 820 and even above.
As long as we don’t go over 870, I think it’s still okay.
However, some indicators are showing there’s still potential for it to go higher.
It might reverse, but based on how things look right now,
I wouldn’t be fully exposed on the short side. But also no longs for me
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #121,895
  • Mar 25, 2025 7:42am Mar 25, 2025 7:42am
Quoting DMA Trader
{quote} We’ve reached around 770 and jumped toward 820 and even above. As long as we don’t go over 870, I think it’s still okay. However, some indicators are showing there’s still potential for it to go higher. It might reverse, but based on how things look right now, I wouldn’t be fully exposed on the short side. But also no longs for me
I will just fall back to day trading. But may hold some if it runs. I could enter 825/36.. but trying to wait for 85x. 877 was/is a interest point on the weekly. This pair loves 100 pip moves. the low 777.. But the high 954.. Either 854 area, or 877 area.
The optimal place to tp 0793 if it can retake 806 as a day trade. Is about 65 pips from 793 or 85X area
those who can, do. those who cant, talk about those who can
  • #121,896
  • Mar 25, 2025 8:16am Mar 25, 2025 8:16am
I suspect it won't make a HH. Somewhere before that I favor a fall. And likely to run back to 793 or deeper, if it can pass 806
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those who can, do. those who cant, talk about those who can
  • #121,897
  • Mar 25, 2025 8:55am Mar 25, 2025 8:55am
Quoting DMA Trader
{quote} We’ve reached around 770 and jumped toward 820 and even above. As long as we don’t go over 870, I think it’s still okay. However, some indicators are showing there’s still potential for it to go higher. It might reverse, but based on how things look right now, I wouldn’t be fully exposed on the short side. But also no longs for me
I had it having a good chance of dropping for the months end. It didnt. So now with NFP to come next week. Will it pump? If it does pump 1.0975/1.1014 could come. But atm i still have everything under 836 pointing to breaking 806 793 and more.
those who can, do. those who cant, talk about those who can
  • #121,898
  • Mar 25, 2025 9:24am Mar 25, 2025 9:24am
Perhaps a revisit to the lows
  • #121,899
  • Edited 11:26am Mar 25, 2025 11:02am | Edited 11:26am
LC is higher than yesterday.
those who can, do. those who cant, talk about those who can
  • #121,900
  • Mar 25, 2025 11:16am Mar 25, 2025 11:16am
Quoting gatorinla
{quote} I had it having a good chance of dropping for the months end. It didnt. So now with NFP to come next week. Will it pump? If it does pump 1.0975/1.1014 could come. But atm i still have everything under 836 pointing to breaking 806 793 and more.
That close weakens above some. I can't ignore several things have not occurred, and this higher lc close weakens it further. Also If I wanted to short. I think raising my entry closer to 868 with come sort of exhaustion is better than 854 now. I do have 1h dynamic R at 0853. There or higher may be a better entry than 36.
On normal day trading generic wise. +65 pips is a good generic entry above 803.
those who can, do. those who cant, talk about those who can
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