chaos indicators
Posted: Tue Nov 25, 2014 1:41 amdivergent bar
"First Wise Man" is formed when there is a divergent bar with angulation. Bullish divergent bar - with lower minimum and closing price in the upper half. Bearish divergent bar - higher maximum and the closing price at the bottom half. Angulation is formed when all three lines of Alligator are intertwined, and the price has gone up significantly (or downwards). A valid bullish/bearish divergent bar (B/D/B) must satisfy AO (Awesome Oscillator): Bullish d/b - AO red below "0", Bearish d/b - AO green above "0".
2 Wiseman color change on AO then consecutive bars of the same color
3 Wiseman indicate the fractal the close out side the alligator's teeth sell fractal below teeth indicate sell fractal above the alligator teeth teeth indicate buy
twin peaks divergence between the AO peaks
thanks
"First Wise Man" is formed when there is a divergent bar with angulation. Bullish divergent bar - with lower minimum and closing price in the upper half. Bearish divergent bar - higher maximum and the closing price at the bottom half. Angulation is formed when all three lines of Alligator are intertwined, and the price has gone up significantly (or downwards). A valid bullish/bearish divergent bar (B/D/B) must satisfy AO (Awesome Oscillator): Bullish d/b - AO red below "0", Bearish d/b - AO green above "0".
2 Wiseman color change on AO then consecutive bars of the same color
3 Wiseman indicate the fractal the close out side the alligator's teeth sell fractal below teeth indicate sell fractal above the alligator teeth teeth indicate buy
twin peaks divergence between the AO peaks
thanks
