#07.01.2020 posted in chat
#12:53 Mobius: This is off the wall - especially for me. But if your trading Futures then you should at least give it a look-see.
# Threes and Eights
# Mobius
# Each future has a rhythm. Yeah, Yeah I know, sounds like hocus-pocus and so it is. But none the less I find it useful to trade these levels in /ES. I've had a noticeable profit increase. A couple points. Especially on those mid-level trades where there's no real good pivot to trade to. Every futures contract can be tuned to what you observe it's levels to be. My "feeling" is that these levels simply have to do with human nature. Ask anyone to pick a number from 1 to 10 and see how many pick 3 or 8.
input coef1 = 3;
input coef2 = 8;
def c = close;
def nan = double.nan;
plot coef_1 = (highestAll(if isNaN(c[-1])
then Round(c / 10, 0) * 10
else nan)) + coef1;
coef_1.SetDefaultColor(CreateColor(25,25,25));
plot coef_1_up = highestAll(coef_1 + 10);
coef_1_up.SetDefaultColor(CreateColor(25,25,25));
plot coef_1_up2 = highestAll(coef_1 + 20);
coef_1_up2.SetDefaultColor(CreateColor(25,25,25));
plot coef_1_dn = highestAll(coef_1 - 10);
coef_1_dn.SetDefaultColor(CreateColor(25,25,25));
plot coef_1_dn2 = highestAll(coef_1 - 20);
coef_1_dn2.SetDefaultColor(CreateColor(25,25,25));
plot coef_2 = (HighestAll(if isNaN(c[-1])
then Round(c / 10, 0) * 10
else nan)) + coef2;
coef_2.SetDefaultColor(CreateColor(25,25,25));
plot coef_2_up = highestAll(coef_2 + 10);
coef_2_up.SetDefaultColor(CreateColor(25,25,25));
plot coef_2_up2 = highestAll(coef_2 + 20);
coef_2_up2.SetDefaultColor(CreateColor(25,25,25));
plot coef_2_dn = highestAll(coef_2 - 10);
coef_2_dn.SetDefaultColor(CreateColor(25,25,25));
plot coef_2_dn2 = highestAll(coef_2 - 20);
coef_2_dn2.SetDefaultColor(CreateColor(25,25,25));
# End Code