What? Are you talking about that indicator just below the chart? That is not predictive in the least... It's a confirmation/compression...
By upping the number of noise stripping passes I can push a 4th derivative until it is non leading and merely a confirmation indicator. Curious...
Er... Did you look at the charts? 3rd and 4th derivatives can be configured to be leading indicators with minimal bad signals. See below......
Even though I probably shouldn't give anyone here any hints... People who work on their indicators and know their math and statistics can figure...
Hmmm... Very interesting... Coloring the 3rd derivative based upon the slope of the 4th derivative... I will just shelve this and remove it...
4th Derivative of MACD SPX Daily... Very interesting indeed... Could time some entry quite well... Placing them in the last five minutes before...
I'm just bored and my mind is wandering... But I'm actually not joking. I have never actually analyzed the 4th derivative of MACD... I coded...
I really don't care too much for most 1st derivative indicators. RSI, MACD, Stochastics, etc... MACD is actually a 1st and 2nd derivative...
You know... Actually that's only half true... I actually have a cult following in some trading chatrooms under different usernames... LoL!!!
That's because I don't like people on here. Yawnn... Most of the time I'm just writing down my targets and rules here so that I remember them...
Here is the main reason I think a lot of people around here need to do projections... They start screaming and yelling... "Price is going up...
This target area is also in agreement with the weekly retracement resistance area approaching at 1406-1422. Man, if we get a chance to short at...
As the previous move only consolidated for three days I am moving to a retrace projection as the usual projection is a bit over-optimistic. If the...
So, are you curious why I am talking about positioning short at 1405 and 1410 this week instead of 1416 and 1422?
When price has reached a proportionate target area in a proper proportionate amount of time minor resistance areas then become very important in...
Now here is where things get more complicated... How do you do a price projection for a cycle that has retraced more than 50%? A move that has...
And here is the same way to draw in the other direction.
Because I am in a particularly good mood I decided to put up a tutorial for the different price projection techniques and where they apply....
Heres what's silly about bull/bear definitions... Daily bull markets are merely weekly/monthly rally cycles. Hmmm... Let me think about...
Here is a ten minute chart bull market... The higher the MACD goes the shallower the cyclic dips! Interesting how the trading patterns are...
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