TRO 2017 DONATIONAL INDICATORS

[adrian2012]

Seems like price likes to open above something and close above something. Ditto for open/close below something.

If I had to pick between the prior candle's open, mid or close, it seems to make sense to use the PRIOR CANDLES OPEN as the "handlebars"!

I wonder what is so special about it? I do not know, anyone?

[TheRumpledOne]

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Adrian:

You got my curiosity going...

Added PCTCHG function to the new frequency distribution indicator and coded a pct chg histogram indicator.

[TheRumpledOne]

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[adrian2012]

Price closes outside of the inner dashed lines 73% of the time (it is the weekly open plus/minus .5% of weekly open)
Price closes inside of the outer dashed lines 74% (100%-26%) of the time (it is the weekly open plus/minus 1.4% of weekly open)

I can see where price likes to break out of and where it likes to be contained in.

It lines up NICELY with TRO2015_MO_CRASH_ZONES!

[TheRumpledOne]

Price closes outside of the inner dashed lines 73% of the time (it is the weekly open plus/minus .5% of weekly open)
Price closes inside of the outer dashed lines 74% (100%-26%) of the time (it is the weekly open plus/minus 1.4% of weekly open)

I can see where price likes to break out of and where it likes to be contained in.

It lines up NICELY with TRO2015_MO_CRASH_ZONES!

Nice work.

[TheRumpledOne]

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GBPJPYH4.png (81.62 KiB) Viewed 3719 times

[TheRumpledOne]

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USDJPYDaily.png (48.12 KiB) Viewed 3673 times

USDJPYH1.png (82.63 KiB) Viewed 3673 times

[TheRumpledOne]

*** COMING ATTRACTIONS ***

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TRO2017_DIVERGENCE_PLOT - uses the internal indicators.

TRO2017_TRO_DASHBOARD - added divergence function. That's 91 different dashboard functions.

[TheRumpledOne]

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USDJPYH1.png (76.83 KiB) Viewed 3651 times

USDJPYDaily.png (48.31 KiB) Viewed 3651 times

[TheRumpledOne]

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TRO002.png (37.55 KiB) Viewed 3639 times

Showing what you can do with the new DIVERGENCE column.