Let’s see what the study of the texts on node
Nodes study
NB : the idea is first to study the nodes litterature as available in the MADA finite series document, ignoring quite a bit what has already been understood, discovered and unlocked thanks to the MADA points studies Next substep of Stage 1 will be merging the two studies, before going to Stage 2 which will be reading posts in the Exact Science thread, to feed more the comprehension.
A-This is choice node. B and C are the choices. Well, that’s great already being as like I had anticipated and named it, there are “choice nodes”. They are let’s say the first family of nodes. I must say the classification of nodes depends on, like any classification, the parameter(s) used. Thus we could make family of nodes sorted by the column to which they pertain, like N WAIT, Enter N+1, Hold n+2, and greater than n+2. This would be 4 kinds. On the other hand, if we choose as filtering parameter the “choice” or “no choice” node, this would be 2 kinds. Let’s, first, use the classification by “choice” and “not choice” node. It would not be surprising to see along this study on nodes, some exceptions or sub-families appear.
So, as JH says, anyone following the logic would begin the FCC1 with node A. As recently learnt, the A node is after exit loop. From what I’ve understood in the first step of the first Stage towards clearing up the FCC1 (studying the MADA 25 points), there’s only two ways of arriving at node A : the exit loop coming from P and the exit loop coming from (J or K) as X. So, the common point I see between the two paths is that we arrive a node A after Exit only.
So B and C are the choices when we are at node A. Both nodes B and C are in the WAIT column. As I’ve seen volume at VDU or DU is not for INC volume, DOM volume. That’s DDble being as both B and C are into the WAIT column AND the FCC1 is for DOM moves trades.
B- it’s a non dominant volume. Clear
C- Volume at VDU or DU. Not clear
D- D is a point at the end of the bar. Ok so this is not a choice node. Maybe the « point node « is one subfamily of the « not choice » node. At the next bar (n+1) open (so when next bar starts), it is determinated that bar n is a trough. My interpretation is that to arrive at NodePoint D, we must have prior bar below n-2 bar. This clears up what I had difficulty to read initially.
Then, PRV is used at 12 seconds into the bar (n+1). This means for me when the n+1 bar comes (with n being prior bar which is a trough), 12 seconds after it starts we use PRV. We use ? Don’t know yet what this concretely mean.
E- this is a choice node. Second one in the same family. Let’s have a real time uploaded listing of nodes as the study in this post grows and expands. The two choices are F and G. And let’s have also a listing of nodes sorted by the column they pertain to.
F- Dominant volume w/ color change. I could now maybe rename the « no category » column as « volume move ». So F is increasing volume with change in sentiment.
G- Volume surge > than prior peak w/ any color. This is an increasing volume move node, no matter what sentiment is.
H- Choice node. The text says it converges either F or G when dominance fails during the bar (n+1) for either F or G. Let’s rephrase this : it converges to F or G when volume is decreasing during n+1 bar for either F or G. I don’t understand for now being as in my rephrasing I just wrote « decreasing volume », whereas both F and G nodes refer to increasing volume move. On Sprout’s chart, I see a note next to H node : PRV DOM fails on n+1. So if PRV DOM fails, this would mean in real time, during n+1 bar, we know the volume of the current bar won’t reach LI level so i twill be decreasing so it will be non dominant, which has not its place in a Dominant Trades only Flow Chart Cycle.
X- This is a point where either J or K type failure occurs. Hmmm. I’m not clear with what is said here for now. I though from the MADA finite series that when H is reached, one has to choose between J or K (or L). If J or K then it’s exit loop and go back to A node. Here the « J or K failure occurs » seems to invalidate my comprehension. Well, I must admit I feel there is no substance in my comprehension, thus why I let this node aside for now.
So far, this is my nodes listing
J- Volume drops below prior. This is then in the volume move category of nodes. I see on Sprout’s chart there’s a doubt about « prior bar or prior trough ». At my current level of understanding which is the lowest, I’d limit myself to say it’s prior bar.
K- Non dom occurs, in ay color. This is a basic case of decreasing volume. Added to volume move column. Effectively, there’s a reason why to wonder about J as being below prior trough or bar. Cause it seems there is no difference between J and K at this state of comprehension. Something must be DDd here.
L- Volume lock in occurs for either an F or a G type (n+1). We know how lock in in measured. So I would create a nex column and name it as « test node ». I’m already thinking about N node in advance as I know its a (IBGS) test.
M- this is when doji occurs. Reminder : for me a doji bar is a price bar having its open and its close equal. This looks like a test node more than anything to me at the moment.
N- N is a test box where pas sis one tick further in sentiment than the doji price value. If my understand of what doji level means, pragmatically speaking it’s the open value if I follow what I say concerning doji, then passing the N test would mean having a non neutral sentiment on the price bar : short or long. Then the text says fail is when a doji occurs but remains limited to open current value or less in the direction of the current sentiment. Wow…Don’t get anything here. A fail. Fail is the opposite of pass. What did we say pass is ? It is when the sentiment of the price bar is not neutral. So the opposite of this would be : the sentiment of the current bar is neutral. So it would be a doji bar. That is congruent with the very first part of the fail test description : fail is when a doji occurs […]. As always or at least often, there’s a but : but remains limited. What remains limited ? the doji ? I don’t know. What’s next ? : limited to open current value. The open current value. I’d say this is the value of the open of the current bar. So the doji would be limited to the value of the open of the current bar…well that’s a bit redundant, being as I think doji is precisely open and close at same level. Must be something I’m missing. And finally what ? or less in the direction of the current sentiment. I feel two things here : I will be able to DD easily what is stated here AND the moment has not come yet. Anyway, N was a test node.
P- this is a choice node. Click, P takes its place into the listing. It converges either fail of doji or pass of doji during IBGS test N. This is a bit fuzzy but at the same time a bit clearer than when I first saw the IBGS box some days ago. I have no words to express what I understand. Then, either result is feedback to E to confirm either and confirm lock in. What the what ? lol
Q- From STM, I’d say the MADA point relative to Q had me struggling. Not sure. Anyway, the text says at open of bar n+2 or higher, a point of choice is reached. R or S are chosen. Better is chosen isn’t it ? Well, no matter. Q appears to be a choice node. Great, at least I learn something for sure about this Q node.
R- Increasing volume same color. This is the most perfect example of continuation, both price and volume agree. Volume move node.
S- Volume above prior trough and any color. Reminds me P2.ats a volume move node. Future is crystallizing into present. I don’t know why nor what nor how, but I just felt I understand better the flow of this chart, although everything remains fuzzy.
T- choice node. X and U are the choices ; Easy.
U- choice node too. N and W are the choices. Easy too.
V- choice node again. X and U are the choices. Still easy.
W- volume lock in occurs for either an R or S type node (they are both volume move nodes). We know how to measure lock in. So W could be a lock in reached when either at R or S. Is that a test node ? I’d say yes.
Y- continuation feedback at the end of n+2 or greater bar. Although I understand in generic terms what feedback means, I’ve not catched yet the sense it has on this flow chart. I’m not comfortable with it yes. I have the feeling it’s easy to understand, in fact. I don’t know where tu put it in my list ; maybe should I create another column for that unique node ? I let it rest for now.
Z- choice node. X and E are the choices after a pass on the N text. Quite clear.
Finally, that’s my listing.
Next step will be step 3 of Stage 1. Reminder :
Stage 1 : study the FCC1 with the MADA finite series Word Doc
Step1 : study of the MADA points
Step2 : study of nodes
Step3 : merging comprehensions of MADA points with nodes studies
Stage 2 : feed the comprehension with posts in Exact Science Thread
Stage 3 : will surely be revealed as stepping through Stages 1 an 2.