Cagliostro wrote: Thu May 15, 2025 8:32 pm
UPDATED
Black Zones
- Old version actively redrew the boxes as they were broken through or made. New version I have to change time frame for it to work.
- Old version worked with "Chart Refresher" new one does not, otherwise thank you!
Black Levels
- I see you have spoke about redoing the code, only 1 request if the previous Tokyo/Lon Fix can have a different color. If not its fine, it's more useful when you're on lower time frames. For now I just draw a line on the previous fix to distinguish the colors.
Now for a little yapping
I personally like the black levels a lot, I manually place my limits there, or my stops into BE if I'm in a trade. I'm not entirely sure on how to validate a strong black level aside from seeing the following coming into play.
1. Square Arrow/Any Arrow
2. Black Zone forms
3. Any EMA cross over (13/55 here)
4. Black level can normally form before the EMA cross and I feel like that's when its more likely to hold.
After that you have a good chance of the 2nd mini dot respecting it and going lower to break a zone, come back, and make the 4th mini dot.
Do you have any other information on the black levels? At face value I think I'm using it right, the numbers I use as kind of a guide of the current trend strength. (I have mine set to show the last 25) Anywhere from 5-15 I am pretty confident in still placing a trade in the trend as long as the Oracle is still on my side. Once it starts to reach around 15-20~25 I start to look and see to my left what I'm approaching. I have no way of determining if 25 is a good number to have print, it's just what I like for now.
Sorry if this is not the place to discuss your indicators, but if anyone else has any settings or observations they've made with these I'd appreciate if they shared! Thank you for the dedication and sharing of your work, Cagliostro.