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What is the difference between: http://i40.tinypic.com/kdpis3.gif previous lowest/highest open price and: http://i43.tinypic.com/2uy3uac.gif previous candle's open price? What I suppose, it is just like looking at different timeframes with 'spatial intelligence', so you take the first one that comes...

Trying to put things together: Price reversing over the highest/ lowest open implies that it hit possible s/r level. Price reversing over the previous candle's open price is treated as a change in control (price direction). Example: There is a 3lvl. semafor at the top, warning about possible change ...

When the CONTROL changes.

CONTROL can be determined by price above or below opening price.

Hah! I wanted to say 'candle closing...', and then I realised that I contradict what I know. This is not about candles... So here goes the new one: EVERYTIME PRICE LEAVES THE ZONE, THERE IS A PROFIT POTENTIAL. Question: What is the maximal lenght of the history second (trigger) line can be based on?

You know that third level semafor warns you to look out for reversals. HOLO indicator helps us see when the previous s/r (previous highest/lowest open price) got reversed on. It creates a new s/r zone, which should increse our chances, when got in a trade above/below, to get out with profit before s...

From what I see, two lines (of one kind) make a zone that looks like a nice s/r.
Price crossing both of them gives a profit opportunity.

Boosted version of dynamic s/r? :)

I have been thinking for the whole day today, and all I have, not very breaking through though, is: RAT REVERSAL ENTRY WORKS ANYWHERE ON THE CHART. Knowing that price going off the bottom will most likely continue to move in upward direction I will take every (since there are no filters) next RAT RE...

Hi TRO, As nobody else seems to want to share their homework... ;) According to the frequency distribution for W1 candle wicks, as far as I understand, it shows that after price retracing 10 - 19p. off the weakly LOWEST low (for the green rats) there is 50% chance of it going up to 70p.+ and as high...