For all of you who have sent me a pm regarding this indicator, I will answer some of you questions here in the open forum.
1. Did I create this indicator?
No, I have a partner who is a scientist/mathematician who is behind the hard core science.
2. Can we swap indicators?
No can do...
Does this always work, no of course not, this is not the holy grail, just better than any other tool in my trader tool box. Without it I am like a carpenter without a hammer.
Just figured I would throw that in.
Wow, many colorful responses.
Hey listen, all I did was to post my opinion about the market based on a highly accurate and unique indicator based chaos mathematics that I use. Just so there is no confusion later, I just bought the S&P 1490 put and shorted a bunch of DIA.
As far as the...
The magenta line signals the end of a move, which typically leads to a reversal. I posted the recent graph of the Dow with the signal color coded just for you.
To be more specific the signals measure the eb and flow of crowd behavior by analysing the Hurst Exponent together with other variables.
I agree, I should have pointed out what the blue lines mean. They signal a point where the price data is very 'compressed' and likely to have an increase in volatility, usually in the form of a new trend.
So to summarize:
Blue - Start of trend (volatility)
Red - End of upmove
Green - End...
I have this indicator I use that relies on chaos mathematics to call the tops and bottoms of stocks. It uses non linear Hurst Exponent and cycle analysis and it is remarkably accurate.
The magenta lines show the extreme hurst extensions.
Take a look at the bear market.
I don't see it on IB either. I use TS to scan for options and they show RF has a June expiry, but not IB, hmmm weird. Then again I only see 3 contracts as OI in TS so I don't know.
I was looking to short some puts and came across the 7.2 premium for the June 35 put, which comes out to a 20% yield. The stock would have to close below 27.8 by June expiration in order for me to loose, what am I missing here??