And this is the Double-Top you refer to??? image

Trading PlanetX & Oscillators

In other words, when SMA(16), SMA(32) and SMA(64) cross then we have a Focal Point, right? That's your label "163264", right?

Trading PlanetX & Oscillators

Okay -- I see that.

Trading PlanetX & Oscillators

You're missing the point. You trade in a square. This new concept is a circle. You're trying to fit the circle into your square. It's never going to fit. The square is your bias. You will need to set it aside in order to grasp the new concept. That ...

Trading PlanetX & Oscillators

Well, very superficially, it appears there is a swing in price direction...

Trading PlanetX & Oscillators

I'm following, but your use of the word 'span' kind of throws me. In my world -- the coding world -- the word 'period' is used. The period is the length (in bars) of the sliding window that is used when computing a moving average.

Trading PlanetX & Oscillators

I just woke up and I'm following along... By the way, I'll let you in on a secret. The shaded differences between SMA(16) and SMA(32) have a lot in common with PlanetX. If anyone doesn't believe then they should take a closer look.

Trading PlanetX & Oscillators

Yes -- please develop the trading points. I'm not big on the theory part, but if you can distill it into codable rules then I am up for that.

Trading PlanetX & Oscillators

You're kinda right and kinda wrong. Because of the way MT4 charts only show the tip of the iceberg you may think that price fluctuates a lot and we have little idea where it will go. Though we may not know what the absolute price will be in 3 hours, ...

Trading PlanetX & Oscillators

Nice -- that's the SMA(128) line... It's almost like that is really all we need for the Focal Point algorithm. Is that the point?

Trading PlanetX & Oscillators

@bishopdotun pointed out to me that if the Focal Point strength is reduced to '2' then the Focal Point markings might be used to alert you to "swing zones". Below is an image to show what he means. I've also updated the indicator and added a setting ...

Trading PlanetX & Oscillators

Check this out... @BestTraderEv is a staunch advocate of Support / Resistance. I don't have a good S/R indicator but I do have a decent Supply / Demand one. I realize that technically they are different but I've forgotten how and right now I'm too ...

Trading PlanetX & Oscillators

Another example of a Focal Point -- this one is perfect. Pairing this bearish Focal Point with its more recent bullish partner and performing the simple calculation results in a very accurate target price. Actually, you can compute multiple target ...

Trading PlanetX & Oscillators

Next version -- but still a work in progress. The yellow squares are Focal Points that are algorithmically detected. I've also added a setting "FocalPoint strength" who's values can range from [2,5]. This controls the "strength" of the detected ...

Trading PlanetX & Oscillators

Thanks for understanding -- much appreciated...

Trading PlanetX & Oscillators

How about a little patience. When was the last time you learned something new? Or, perhaps you already know everything and aren't interested. New ideas don't automagically fall out of the sky onto your lap. Someone has to take a risk to see where ...

Trading PlanetX & Oscillators

Still a work in progress -- an update to the FocalPoints indicator. I've added dots along each SMA. A dot will appear when an SMA falls within the High and Low of a particular bar. Focal Points occur when SMA lines intersect. My algorithm will be ...

Trading PlanetX & Oscillators

This is a work in-progress -- more to come, I hope. It is a continuation of @parisboy's post #102 on FocalPoints. This is new to me and I find it very interesting -- it's also extremely simple and lends itself well to discretionary swing trading. ...

Trading PlanetX & Oscillators

Very interesting history... A guidance SYSTEM. The steering mecahnism (feedback) is used to adjust location (metric) when the rocket deviated from desired path (equilibrium / fair market value). Conceptually, all systems are composed of the same ...

Trading PlanetX & Oscillators

Cool -- thanks...

Trading PlanetX & Oscillators