YungTrader's Ultimate Indicator

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qiwi long looking nice
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Both short term and medium FE headed down3
1;7 r:R
volume strong
WOW
call sizzle is 3.05 and put sizzle is .05!!
free money??
 
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@television Definitely a great play. That is a good sign with the sizzle but if it gets to crazy it can be bad, it becomes a crowded postion and it could dump quick, like the opposite of a short sueeze but it doesn't look like that will happen.
 
Hi, I cant seem to find any information on how to use the truedepth study. Can anyone explain how to use that indicator? Thanks!
 
Yeah, I tried. Apparently there is a person named “TrueDepth.” Also, I’m assuming the light grey lines are the true depth?
In one of the versions the truedepth is the grey lines yes. Essentially what it does it plot the high or low of the day to the next day. Then you can trade based on price breaks of this line. If the length is longer then one then the truedepth will remain at a value until price breaks through or below it. At that point the truedepth will adjust until it is broken again. It is difficult to explain that is why I was hoping you could find a thread.
 
CALLS: ABBV, KR, TGT(We missed TGT from last week), DISH(not a perfect call but may want to fill some gaps), PAYC (I scan and get a signal but no arrow appears on that one, it looks okay to scalp I think).
This is my 2 cents.GL
 
CALLS: ABBV, KR, TGT(We missed TGT from last week), DISH(not a perfect call but may want to fill some gaps), PAYC (I scan and get a signal but no arrow appears on that one, it looks okay to scalp I think).
This is my 2 cents.GL
You just doing front weeklies as well?
 
xXY64pj.png


Hey @YungTraderFromMontana, I like your style. I've been playing with your indicators and scanner and found SDGR in the trawl. Using your chart with my local Hurst approximation script I have the following figure. Purple is antipersistency and green is strong persistency. Dark blue is random walk or i.i.d. The same information is shown in the grey-blue plot where more saturated == longer length. So gray is wildly moving but the cyans and blues are more calm, but they occasionally converge. Descent downwards in these plots means low H.

Strong H values across timescales is an interesting time to look at a stock.

I just thought it was fun because SDGR is so young a stock that the Hurst Exponent's longer timescales aren't populated yet, and I felt here was a good spot to post because I've been rifling through @YungTraderFromMontana 's groovy stuff in part to get here. Hope you thought it was neat (and pretty) like I did.
 
xXY64pj.png


Hey @YungTraderFromMontana, I like your style. I've been playing with your indicators and scanner and found SDGR in the trawl. Using your chart with my local Hurst approximation script I have the following figure. Purple is antipersistency and green is strong persistency. Dark blue is random walk or i.i.d. The same information is shown in the grey-blue plot where more saturated == longer length. So gray is wildly moving but the cyans and blues are more calm, but they occasionally converge. Descent downwards in these plots means low H.

Strong H values across timescales is an interesting time to look at a stock.

I just thought it was fun because SDGR is so young a stock that the Hurst Exponent's longer timescales aren't populated yet, and I felt here was a good spot to post because I've been rifling through @YungTraderFromMontana 's groovy stuff in part to get here. Hope you thought it was neat (and pretty) like I did.
Can I check out that script? It seems like something cool to test.
I'm glad you like my stuff.
 
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