Quote from John Merchant:
Thank for ask. Merchant make up more and more elaborate fraud. But few see through. DBixon very cleaver. Little red line is Merchant proper riotary indicklater. Is where one minute volume fall below certain fraction of slow first order infinite impulse response filter on volume. Filter have proper riotary co-inefficient, of course. Merchant steal idea from Hershey. Like all Hershey idea, Merchant make actual work. Hershey use ES. Merchant use NQ. Hershey use five minute. Merchant use one. Just to be different. Hershey use absolute volume number. Merchant use adaptive threshold. Hershey call Very Dry Up. Voo-Doo for short. Merchant call his Little Red Line. Both useless. But to be ghue rhue, must have elaborate cahrt.
What I find even more interesting than your 'little red line' is the degradation of your english since your first few posts. Comparing the above syntax, grammar, and intentionally omitted articles (an, the, a) to your first few posts below makes me wonder why you continue to masquerade as a sock puppet.
Quote from John Merchant:
Tony, can you take a sec and explain why? Not real obvious to me compared to an ETF.
Quote from John Merchant:
I would like to follow your prediction. Could you spend a minute to post an Excel graph showing what you mean? I too am new to this and am looking for ideas.
Quote from John Merchant:
What a ridiculous notion! A properly timed futures trade placed at high probability support or resistance should have a two tick risk and at least a ten-plus tick reward. Held all day, the reward might be thirty-plus ticks.