Disliked{quote} Correct. Very provoking. But I like those impossible things. It seems thought that it is also impossible to understand why 1 level work and second not. Hmm. As others said, EA may be needed to understand what happening behind what I do not see. Will need to try it soon.Ignored
SilentFather,
I agree. I too like the seemingly impossible things especially trading related. In your first thread related to this same topic you captured my interest, but I got side tracked developing my own method of trading, but always kept what you shared on my list of things to revisit. In your first thread post #60 by Old Dog summed it up for me with his clear chart example. When a turn is made it is most likely that turn will be revisited again. Now there is surely more to that statement, but not sure what the more is. Yes volatility is a component. For me its not about the indicator, but if you coded one to mark the turns as in my chart & Old Dog's chart that would highlight the price action as it reached the previous turns. For me what you share here & in your previous thread has much merit, but how to develope it further I'm not sure about. Maybe use Keltner or Bollinger Bands. Looking forward to hearing more from you on your progress. In my chart posted the indicator is Keltner_V1. Its nothing special. Just shows the turns.
1