Attachments: Funny Looking Rectangles & Useless Drivel

Funny Looking Rectangles & Useless Drivel

#121
Jul 29, 2014 1:51pm Jul 29, 2014 1:51pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting Doji Star

Disliked

{quote} Hi angelofx I've been keeping an eye on the GUm15. the trickiest bits for me were I to trade this is 1. where to put the SL? 2.what else besides a fall line that's already been touched, invalidates a trade? Nevertheless...very interesting thread...food for thought... DS {image}

Ignored

http://i59.tinypic.com/20rkyeu.jpg

- I do not broadcast my stops. Essentially, I am the stop.
- If price reaches the "Novice Stop Level" then by definition the B2i Pattern has not validated and will be redrawn with a new Lowest Low.
- The Entry is a Window. B2i is not a time specific entry method. It is a Short Term Directional Projection Tool.
- You have to determine whether or not your B2i provides enough pips to satisfy your own personal requirements (measure risk/reward)
- The Projected Intersection Point marks a position in the future relative to the Approach Fix Point. Price typically clears and move from here.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#122
Jul 29, 2014 1:53pm Jul 29, 2014 1:53pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting Mingary

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{quote} Ok then. For your further learning. draw something else. Like a circle, triangle, or "M" or "W" or "Z".. or even the Elliot wave or - even Gann .. and so on. You will "see" the same thing. As humans we lose all objectivity as soon as we view reality (and in this case mostly random data!) through patterns. We are addicted to patterns, It's an evolution thing (:

Ignored

Thanks, Mingary. I have learned a lot form you in this thread.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#123
Jul 29, 2014 2:02pm Jul 29, 2014 2:02pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting albchr

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LOL... I often get a kick from the replies we read to an OP's thread. Someone comes in to explain something they've found or worked on and you almost immediately get the same two types of posts. 1) You're a fool and it's all in your head and 2) What is it you're selling?

Ignored

Teaching Traders who already know what you are teaching them, is next to impossible to do. If I haven't sold anything since the late 90's, back when I was maintaining an email group containing 20 traders and banging out options trades on Northrup Grumman, General Dynamics, AutoZone and Microsoft, just to name a few of the old time great options trades that used to be in existence, then the likelihood of something being sold today (almost 9 figures later) probably won't happen.

Traders trade and Vendors sell. Good trader's tend to help out novice trader's every blue moon. Consider this the blue moon. Yet, none of those clowns ever asked themselves: How the heck do you sell lines on a chart that you were shown how to draw yourself?

Selling that which is already being explained is not too smart and have no marketing brio, whatsoever. If one can already do it themselves, why would they need to buy it. Furthermore, how does one buy "lines on a chart" anyway? That would be a neat "magic trick" to watch.

I'm am selling something, however. It is called Inspiration. I am a Vendor of Inspiration and Creative Thought. I guess you could sell inspiration and motivation. Motivational speakers do it all the time, I guess.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#124
Jul 29, 2014 2:13pm Jul 29, 2014 2:13pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting Rand Yap

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If you look at the EURUSD for the past 166 1 hour sessions. 5 fall lines has yet to be being touched, making the return rates to be 97%.

Ignored

Don't go talking like that, you will scare people away, geepers.

Or, you might cause them to start looking at price different than they have been all these years and that's just not what this thread is all about.

Quoting Rand Yap

Disliked

I know of a few systems that can create lines that can achieve this, knowing this itself is not enough. Knowing when to enter towards which attraction points, and managing the risks involved is the Key.

Ignored

Yes, and that's a good platform to begin an understanding of Systems Development, which a lot of people struggle with. I wrote about that above and I hope the serious novice traders get a change to read it carefully. Timing, Direction, Magnitude and Probability, are essential to any trade regardless of how you define yourself - technical or fundamental.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#125
Jul 29, 2014 2:24pm Jul 29, 2014 2:24pm

albchr
Joined Mar 2009 | Status: Trader | 25,480 Posts

Quoting iDoubleStoch

Disliked

{quote} I'm am selling something, however. It is called Inspiration. I am a Vendor of Inspiration and Creative Thought. I guess you could sell inspiration and motivation. Motivational speakers do it all the time, I guess.

Ignored

Kind of why I stuck my nose in about it. Personally, I appreciate your method of sharing far better than giving or selling a system. Even if it's push button simple the user will never learn anything about the underlying structure of it, the market or how and why it works. I'm glad to see your posts. I feared for a moment during the pause you may have gone away early. (I wouldn't blame you if you had). But after seeing what you've prepared, I can see the reason for the pause.

Thank you for continuing.

Ghost Rider - WWTBMD?

#126
Jul 29, 2014 3:00pm Jul 29, 2014 3:00pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting revoli

Disliked

Interesting stuff and I would love to see more. I note you are a new member but you talk about your other threads and your years of trading. Could you explain why you are a new member and point us to the other threads you mention.

Ignored

I've been discussing trading ideas online since the late 90's back when I traded equity options. Back then, people shared ideas and concepts but they were mostly based on traditional indicators and basic fundamentals. Technical Traders were heavily involved in the old school indicators and so I explored many of them on my own and in groups. With the exception of Harmonics, I kept running into the fact that the vast majority of indicators out there were based on a calculated average and thus lagged the market. I wanted to get out in front of the market, so I embarked upon finding out if there were ways to be more predictive in my analysis of market behavior. I begun researching raw data and applying some database skills in analytics. Eventually, I ended up creating multiple classes of new indicators and started sharing some of them online with others while at the same time continuing to develop a trading system based on those new indicators.

I've been on many different boards and forums and ran my own email list before forums were as popular as they are right now. Most of the forums I've been on either ban me and/or delete my posts. I used to run Live Trade Journals until I was blue in the face demonstrating the system's capabilities - that's typically when I would get banned - just for showing the system. I ran journals with 90%+ accuracy to a specified target and would get banned for doing so. That's when I found out that many of the online forums were starting to receive sponsorship from Retail Brokers. Huh, that speaks volumes. Anyway, I can't find most of those threads anymore, it has been so long.

I was on all the major boards: DailyFrackUp, EliteFaker, Trade2Lose, PhonyTec and a "few" others. Not all were are bad, however. There were a couple good boards out there for a while. Then things started turning "Commercial." That's when I started seeing Bucket Shops move in to become big time sponsors on forums and that's when things headed south in a real hurry for the novice guy looking to really learn something of value. Not in all cases, but in far too many cases was this true of some boards. However, the vast majority of the stuff I've put out there even I cannot find anymore.

Most of what I did in these newer forums came from working with a group of people in a private YahooForum that I created many years ago and ran for a little while. Those people found me in these newer forums and joined me in some discussion from time to time. So, there is no Step 1, Step 2, Step 3 webpage that I can give you where everything is organized and categorized for smooth reading and interpretation. Most of what hit these newer forums over the years came out of extended conversations (basically) that I was having with a group of about 20 people many years ago. That stuff is not going to be easy to follow, because those guys had the benefit of working with me during the very early days, so they understood some of the basic core indicators I was working with at that time.

None of what I do today resembles what I was doing back then. However, the core indicators (improved versions) still remain extant in the current system. The system came about over many years of evolution and development. Nobody has an advanced copy and nobody really knows what the system does under the hood.

There are some original Protege's out there that I hand-picked and trained personally who do reach out from time to time to help others. I do not control their time - they do what they want when they want to. I do not reveal their identities in public places. If they find you and decide to work with you, that is there personal choice not mine. I don't do anymore Protoge build-ups. It takes a lot of time and it requires too much work. So, I show up once a year on a forum and try to offer some inspiration and hope for novice traders.

Nobody was around to help me when I got started in the business of trading. You had to get what you got on your own and develop your own ideas. Today, things are different. Some people literally expect you to hand them something on a silver platter. They think that you can just download into their brain, years worth of research and study. They don't have the slightest clue what it takes to build something from the ground-up. They think it is easy and they laugh at the idea of hard work.

I do what I can, when I can. The rest is no longer my concern. But, I do realize that there are still some serious minded Novice Traders out there who want to take that next step. So, I try to give them a little something to help them along their journey. Thus, I do these little fireside chats each blue moon for now.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#127
Jul 29, 2014 3:15pm Jul 29, 2014 3:15pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting Rand Yap

Disliked

Attached is an indicator i've written for the B2I funny rectangles. Use only on 1 min chart. To be frank, you need decent skills in data analysis and programming, to develop the style of trading the thread starter uses. Otherwise, go pick up such skills or find another approach. This is not the only way to make money, but i do think this is the kind of approach to getting deadly accuracy. {file}

Ignored

Thanks for helping them out, Rand and for making this available on MT4!

Those of you interested in further exploring the concept should give Rand, a round of applause. I'm not a developer and never had an automated version of B2i for MT4. However, I did create a historical test environment in excel to to make the proper projections and was thus able to back-test that way. So, give the man a hand for helping you out - those who are actually paying attention.

I have not yet used Rand's MT4 code, so I do not know exactly what it outputs, but I will check it out for the basic details.

Quoting saticdoor86

Disliked

hi rand yap, i'm using the 15 min chart for this and taking the high and low for the day, is there a way for the indicator to do this? thank you, appreciate it.

Ignored

Then you are plotting a D1 B2i on an M15 chart. That's a 24 hour B2i. Just be aware that I've been posting mostly H1 B2i Patterns on M1 charts to expedite the learning curve here and so that you can see the detail of price behavior down to the M1 level. However, you will need a pair with significant H1 ATR (Magnitude) in order to get the routine Distance between price and the Fall Line necessary to warrant taking the risk. In other words, you want your potential reward to outweigh the risk by whatever ratio you deem appropriate for you AND by a ratio that mathematically makes sense for long-term profitability. That's a balancing act that you have to decide for yourself.

For those of you have have and use Non-Standard Bars in MT4 (there are indicators that produce them), if you combine it with Rand's indicator you can customize your B2i Time Frames to Non-Standard B2i Patterns. However, the same risk/reward story applies in any case.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#128
Jul 29, 2014 3:49pm Jul 29, 2014 3:49pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Batavier,

Hello and thanks.

Quoting Batavier

Disliked

iDoubleStoch, OK I just re-read this whole thread and the other one about Randomness of the market. I can see that these rectangles can be deadly accurate.

Ignored

Just keep in mind that B2i needs support in order to get consistently above the 70% accuracy level and not all B2i are tradeworthy. I'm here to show you what a very simple yet very unconventional indicator can look like, if you are willing to start exploring raw data on your own. Believe me when I tell you, there are MANY different kinds of unconventional indicators out there waiting to be explored.

It is very alluring to reach for the shelf and pull down a traditional indicator, but when you do, who else is using it and how many people use the same settings that you do? This has an impact on the effectiveness of that indicator. I'm trying to get you to see that a one-off design, if it is a good concept and it is well researched (so that you know its limitations) can be a goldmine of information that nobody else has or uses.

Finding new indicators is not easy. I could sit here and lie to you and tell you it is easy - it is not. However, the flip side to that truth is that once you get started on the path of developing Data Analytic Skills, the floodgates open up and you start seeing real market patterns that you never knew existed before - all because you are Visualizing the Data in a completely different way.

Corporations learned how to do this back in the 90's when Data Analytics hit big time. Today, they call it "Big Data Analytics" but that speaks to the underlying data sources and their evolution. The analysis under the cover is still roughly the same. It is Multidimensional Data Analysis. For the trader this simply means, exploring market data in multiple time frames and generating indicators with symmetry across multiple time frames while searching for patterns that like to repeat. It is about having a big picture view across all time frames. That's the real lesson here.

Find/discover/create/research good one-off indicators that no one else has. Scale up the indicator through all time frames (or enough scale to capture a big picture). Look for synergy between the output of the indicator across multiple dimensions of time.

Quoting Batavier

Disliked

Need some more clues re the OS1 moving average. It seems to have a long term pull on the market. Tried up to 4000sma on 1 minute charts. But I think I'm missing something (probably a whole lot of something but I like puzzles.) More clues please?????:nerd:

Ignored

It is a Double MA. One line is Fast (Green) the other is Slow (Red). The key to the Double MA is found in the Time Frame to MA Period Ratio. If you notice, my OS1 was designed to be plotted on a 1 minute bar chart. The base Fibonacci Numbers of 8 and 21 are scaled up in my OS1 to 60 times. Why? Because, M1 is a 60 Minute Chart. 8 is the base factor for the Fast Period and 21 is the base factor for the Slow Period. For my own personal needs relative to profit, a multiple of 60 worked out for me. It may not work out for your needs.

Now, beyond that, I have to get into a concept that I call M1 OS1 Fast Gapping. That's not a concept I can share because it is a strategic component of my trading system. However, FastGaps define a particular kind of price behavior relative to the scaling up of 60x8 and 60x21 for the Fast and Slow lines and that provides me with a predictive edge. Not something I can divulge. However, what I can tell you is that there is a relationship between the location of price and OS1 at any given time. That relationship is governed by the scale applied to OS1 and is directly proportional to the size of the M1 bar. It came from a wild theory I once had about how Electrons orbit the nucleus of an atom. OS1 acts as both the Neutron and the Proton to Price as the Electron, depending on the Distance between the two. Beyond that, I can't say anything more.

The concept of price returning to the mean is nothing new. However, predicting WHEN price will return to the mean and being able to identify a unique behavioral signature BEFORE price returns to the mean, is a very useful tool.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#129
Jul 29, 2014 3:51pm Jul 29, 2014 3:51pm

Legionary
| Joined Jan 2012 | Status: Trader | 73 Posts

@iDoubleStoch
Few questions if I may...
1.Why is Projected Intersection Fall Line always horizontal?
2.What happens when you draw rectangles one over another in the same chart? Bigger or maybe better to say – newer rectangle usually have more ‘’weight’’, or?
3.So what is it behind the scenes?
(trend lines, stops, average prices, limit orders, mathematical equations, stochastics...?)
If you could expand writings on this matter?

Theory sounds nice but I’m very sceptical about anything in trading/investing...

Thanks for your time...

#130
Jul 29, 2014 4:07pm Jul 29, 2014 4:07pm

jmn5611
Joined Oct 2012 | Status: Trade Small, Win Big | 4,988 Posts

Quoting iDoubleStoch

Disliked

{quote} Thanks for helping them out, Rand and for making this available on MT4! Those of you interested in further exploring the concept should give Rand, a round of applause. I'm not a developer and never had an automated version of B2i for MT4. However, I did create a historical test environment in excel to to make the proper projections and was thus able to back-test that way. So, give the man a hand for helping you out - those who are actually paying attention. I have not yet used Rand's MT4 code, so I do not know exactly what it outputs, but...

Ignored

I compiled it and it looks very much like what you are trying to teach. All it needs to do now is be able to be used on all timeframes, which I am sure he is working on now.

Rand, great job!

If you are good at something, never do it for free--Joker

#131
Jul 29, 2014 5:05pm Jul 29, 2014 5:05pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting Thepipster

Disliked

{quote} I think if there's a way to know ahead of time what the top (or bottom for buying) of the box is going to be to start trading towards the fall line, we could open a trade there...otherwise...

Ignored

Which is essentially what Version 5.x of the B2i indicator does. That was my goal, to figure out a way to determine the extent of the "Approach Fox" in the structure and then fire off the trade as close to that location as possible with the structure remaining intact throughout the move to the Fall Line. If the pattern is high quality, then the probability for some manner of profit between the Approach Fix and the Intersection is the highest. Herein resides the key to pushing B2i into the 90%+ accuracy range. Why? When you can profit from the trade without hitting the Fall Line, you are trading the pattern with minimal risk.

With B2i Version 1, you have to reach the Fall Line. With B2i Version 5.x, you need the "tendency" of price to move towards the Fall Line. If the all Line comes, then its gravy. If not, it is very easy to take a smaller profit and even easier to break even at a minimum. So, your point is well placed, but it takes a bit more than just B2i to nail down the actual parameters of the legs within the pattern before it happens.

That's my special sauce.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#132
Jul 29, 2014 5:46pm Jul 29, 2014 5:46pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting angelofx

Disliked

{quote} Thanks for the indicator, Rand Yap. Please if you can, help develop one for higher TFs especially daily on a 15min chart because you can have tradeable range on a daily chart as opposed to 1min TF where the distance between price and fall line is 3-7 pips.

Ignored

Alternatively, and if Rand is willing to create a more flexible version of his indicator based on the B2i, I will share the earlier version of Distinct Vega (not my production design) which will help identify the Highest High and the Lowest Low for the B2i period selected. That will give more internal insight into the levels that make-up B2i before the pattern validates and it will start to provide a greater edge on the Entry Window so that a more pips can be had on the way to the Fall Line.

It won't be perfect. I am not able to create a perfect trading methodology out of two indicator, but it will give insights into the "potential" shape of the box before it happens. The key will be for Rand, to come up with a way to get the indicator to paint the pattern based on:

A) Any open price selected which is always the start of a new bar regardless of time frame

The indicator would then use the Distinct Vega Indicator to Project the Highest High and the Lowest Low for the time frame which (A) is attached to.

Creatively and as a tool for diagnostics you could create different indicator (B2i_Diagnostic_1) that allows you to select the Open, Highest High and Lowest Low of any B2i Time Frame (which is the same as saying any standard bar time frame), where the indicator then paints the Projection Legs that create the Intersection and Fall Line.

With both indicators, you would have the Projected B2i Highest High and Lowest Low limits using Distinct Vega and the Actual B2i limits using the real Highest High and Lowest Low. From that you will get one Projected Intersection and one Actual Intersection, with corresponding Fall Lines. That would help to show you significantly more about what's going on inside the pattern.

I'll try to post an example of what a Projected B2i using Distinct Vega might look like.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#133
Jul 29, 2014 6:00pm Jul 29, 2014 6:00pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting saticdoor86

Disliked

hi doublestoch, if i want to trade the boxes on 1 hour charts, is it better to use two days worth of data to draw the box?( the high and low of two days) I find that using two days is more accurate. What are your thoughts? thank you.

Ignored

Select the B2i Time Frame first, then decide how you want to observe the data. If you want to trade a 1 Hour B2i Pattern, then decide which lower time frame best suits your own eye. Some people like to see every tick while others just want the bigger picture and opt for a higher time frame.

Conversely, you could draw a lower time frame B2i (say 1 Hour) then switch to a larger time frame chart (say 4 hour), but that all depends on your need for level of detail. You won't get any internal detail if you did that, but some people just want to see things in reverse. That would essentially be the equivalent of Iconizing the entire B2i structure and viewing it on a larger time frame chart. I did that essentially with my very first post today, where I showed 7/28/2004 D1 B2i on a Daily Chart that showed covered the 1 MN B2i Pattern. The D1 B2i showed up as just a iconized little graphic and the Daily Bars appeared bigger (because of MT4 scaling) than the actual D1 B2i Pattern.

It all depend on how you want to observe price relative to the structure.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#134
Jul 29, 2014 6:07pm Jul 29, 2014 6:07pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting albchr

Disliked

{quote} Kind of why I stuck my nose in about it. Personally, I appreciate your method of sharing far better than giving or selling a system. Even if it's push button simple the user will never learn anything about the underlying structure of it, the market or how and why it works. I'm glad to see your posts. I feared for a moment during the pause you may have gone away early. (I wouldn't blame you if you had). But after seeing what you've prepared, I can see the reason for the pause. Thank you for continuing.

Ignored

You are welcome, thanks! Trying to plow through all the posts.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#135
Jul 29, 2014 6:34pm Jul 29, 2014 6:34pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting Legionary

Disliked

@iDoubleStoch Few questions if I may... 1.Why is Projected Intersection Fall Line always horizontal? 2.What happens when you draw rectangles one over another in the same chart? Bigger or maybe better to say – newer rectangle usually have more ‘’weight’’, or? 3.So what is it behind the scenes? (trend lines, stops, average prices, limit orders, mathematical equations, stochastics...?) If you could expand writings on this matter? Theory sounds nice but I’m very sceptical about anything in trading/investing... Thanks for your time...

Ignored

Thanks, no problem - hope you are gleaning something of value.

1) It represents a price level - a target level. The Intersection is the Target Level for this version of B2i. Unfortunately, I try to type fast as the market is moving and MT4 does not have a quick way to enter arrows with ling tails (you have to create them) and floating text labels (you still have to type them) while preparing a text response for the forum.

2) The key is in drawing a Valid Pattern (if written about that throughout the thread) and not necessarily arbitrary rectangles. I was being sarcastic intentionally with the naming of the thread based on a ridiculous comment made by someone else in the "Is Price Really Random" thread. So, this tread became all about those "silly little dumb rectangles that have no meaning whatsoever." Read my rules for painting the patterns (I've written about in multiple locations in this thread). They are extremely simple - someone has already taken those rules and quickly built an indicator from it - so, it is not hard to do correctly.

If you happen to paint multiple B2i Patterns in close proximity to each other on a chart, that is because the market produced those data points and they are to be respected. The market is ALWAYS right. The market can never be wrong. So, if multiple B2i show up in close proximity, then the market is very Volatile in that time span. By the same token, if the market is that volatile AND the range (or size) of the B2 pattern is sufficient for your needs, then the market is also being very predictable at the same time. However, I trade the Major Pairs and while they have times when they go through heavy consolidation and don't expand their Daily, Weekly and Monthly ATR as much, that is typically a very temporary condition. One of the primary reasons why I trade currencies is specifically because of its natural tendency to continuously expand the larger ATRs (Daily, Weekly, Monthly, Yearly).

3) Noting but a non-conventional pattern. Now, I've added a long term directional stabilizer (OS1) because of my philosophy behind systems development to always use some kind of historically reliable long term directional indicator in contrast to a short term Predictive Indicator. B2i is Predictive, not necessarily "Trend Following." So, I like to weigh the risk by taking a look at the condition of my longer term directional stabilizer. When the long term directional stabilizer indicates that it is open to reversion to the mean and the B2i is projecting away from the directional bias of the long term stabilizer, then I am more likely to allow the trade logically. Other than that, this version of B2i that you see here is basically unsupported by anything else other than OS1. But, I would use a long term stabilizer of some design regardless of what I was doing.

Skepticism is trading is the starting point for becoming a better trader. Bandwagon theories without details are the vehicles that lead to draining account balances with no explanation. You need to do precisely what I said: You need to LEARN the limitations of every single indicator you use. I've reiterated that several times in this thread. You need to understand HOW the indicator works. WHY it works, could be an entirely different story altogether.

The WHY behind B2i, I have explained somewhat. If I got deeper, I dig too much into what I am doing in my production system. This thread is partially here to get your Brain soaring into the WHY question, so that you can hopefully make B2i better than it already is for yourself and so that you can think like a Systems Trader and Systems Designer (if you don't already).

I can only give so much away and I don't sell my work product. You have to study it, research it, play with it, observe it under different market conditions and then you can work on optimizing it for yourself. It is not "magic." But, it is research.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#136
Jul 29, 2014 6:37pm Jul 29, 2014 6:37pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Quoting jmn5611

Disliked

{quote} I compiled it and it looks very much like what you are trying to teach. All it needs to do now is be able to be used on all timeframes, which I am sure he is working on now. Rand, great job!

Ignored

If he's able, I'll extend it with Vega prototype but it would need to be available on all time frame and it would need to be able to use input from the Vega indicator.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#137
Jul 29, 2014 7:05pm Jul 29, 2014 7:05pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Ok, that's it. Looks like I got through all the posts today, but it took all day. I only had a change to post this one B2i Hybrid today back around 2100:
http://i59.tinypic.com/20rkyeu.jpg

It now appears as:
http://i61.tinypic.com/2r54588.jpg

This is a Hybrid 0800-1600 8 Hr B2i. The Start time was near 0800 and the Approach Fox was made by the market at 16:48. The projections were made at that time and the pattern has held thus far. End of day Volatility means a sluggish Entry Window, that is not the only problem here. OS1 functions over Time. When you take a look at the first pic (above) OS1 Green was Above the Fall Line near 2100 of last session, indicating a higher probability for a positive move given this B2i structure. Now, the new trading session has begun and OS1 Green has fallen through and Below the Fall Line. At the very same time, OS1 Green has flattened out relative to its 2100 angle which had a more downward trajectory. Of course, this is happening because price has moved sideways ever since drawing the B2i pattern.

Remember, earlier today, I talked about price behavior in the vicinity of long range MAs. If the MA periods are dialed in correctly. You can witness some of the characteristic in price just before a cross over takes place. I don't have GBPUSD in my system because I trade the JPY set, but I've seen this scenario many times before. This snap shot is the kind of potential cross over price behavior that is typically seen just before price begins to make its journey across the OS1 Channel (formed by the Red and Green lines).

What has to happen here, is that price need to Merge gracefully into OS1 Green, Mirror the trajectory of OS1 Green for a period of time, then make its move on OS1 Red. If OS1 Red can maintain a relative position Above this Hybrid 8 Hr B2i Fall Line, then the trade basically makes itself without much frustration. That's the potential.

The Risk comes with a hard bounce off of OS1 Green back to the downside, where OS1 Green acts like normal Resistance. That wold block and reject price back down, sending it back towards the Approach Fix. That is not a time to exit. Often times, you do see a double bounce underneath the OS1 Green, before price makes it final approach up to OS1 Red and beyond.

This distance between the Approach Fix and OS1 Red is approximately 31 pips on my M1 chart. The distance between price at the location of the Projected Intersection at 20:32 (last session) and OS1 Red is roughly 19 pips. The distance between the Approach Fix and the Fall Line itself is 22.9 pips. Depending on what type of trader you are, these are the measures you use to estimate your potential profit. Risk is the Novice Stop Level, for those of you who trade with stops - or like showing your Broker what you intend to do before you do it.

We now watch and wait. Notice that this is an 8 hour pattern. So, it is not uncommon to have to wait longer than the range of the pattern for final results. They don't always turn on a dime.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices

#138
Jul 29, 2014 7:52pm Jul 29, 2014 7:52pm

iDoubleStoch
| Commercial User | Joined Jul 2014 | 590 Posts

Projecting the Structure of the 7/30/2014 D1 B2i Pattern using D1 Distinct Vega on an M1 GBPUSD chart:
http://i60.tinypic.com/mlm9dy.jpg

All this attempts to do is project the D1 B2i for 7/30/2014 into the future. How? By using inputs from the D1 Distinct Vega Indicator. Now, you need to be aware of a major caveat here:

1) Distinct Vega is a Real-Time Indicator

Therefore, I cannot sit up all night long and update the changes to the Distinct Vega output and use that as Input to this B2i projected drawing. Therefore, this will not be an exacting projection, but it does help you understand what you can do, if you know the dynamic Distinct Vega input into the B2i pattern as it is unfolding. Consider this a conceptual rendering using the D1 Distinct Vega inputs at the start of the trading session.

This is some insight into how Predictive Trading Systems start to come together. You obviously have to begin the process of intelligently layering both predictive and directional (trend following) indicators together in an optimized manner. This is NOT optimized. This is going to be a loose projection because I have no way of updating the inputs throughout the night on this forum.

What I've done is projected $1.69710 as the potential profit zone and $1.6929 as the potential risk zone. This would in theory, establish the 7/30/2014 D1 B2i structure before it happens using other predictive indicators - in this case, Distinct Vega, which I have described earlier in this thread to some extent.

Right away, one of the characteristics that I see in the 7/30/2014 D1 B2i Projected Fall Line and Intersection Point, is that right now at this very minute, price is hanging out at that level. One of the other things I see is that the projected Fall Line for the 7/30/2014 B2i is Below the current M1 OS1 Green line. Another interesting characteristic is that OS1 itself seems to be flattening out Above the 7/30/2014 Projected D1 B2i Fall Line. These are all indications of an Up move in the market which fits the current 8hr B2i Fall Line already established. So, here we see some slight uncomplicated layering and integration theory of just two indicators (three, if you count OS1).

This is how I roll. I like the integration aspect of systems development. It is a lot of fun for me personally because it involves a lot of creativity and it requires logically structuring inputs.

Ok, we will let this work itself out. This ought to keep you busy for a while.

F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices