This is the Godmode Indicator I'm using on this pair only to give examples of patterns.
Pay attention to the red line in the indicator when it touches the LEFT side of a green line and/or ghost line [Marked with downward green arrows.]
Pay attention to the red line when it touches the RIGHT side of a green line and/or ghost line [Marked with downward red arrows.]
The yellow dots indicate PRESSURE; whether that pressure be UP or DOWN.
Change the inputs in the formatting to 9, 6 & 3. Do not use the defaults of 9, 26 & 13. Otherwise, the patterns will not be as vivid as I show here.
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IT IS WORTH taking the time to go through with your cursor IN MULTIPLE TF's to SEE PATTERNS [More than one I've mentioned here]. TRUST ME... You will be very happy you did this.
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The creator of the indicator, Godmode.
However, DON'T FORGET to change the default inputs in the formatting from 9, 26 & 13 to 9, 6 & 3
Those who use the indicator might prefer the defaults made by the developers. I've found the setting here to be more revealing. My opinion.
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When I say, "...the settings here..." I'm referring to 9, 6 & 3
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This pair is REALLY TAKING OFF. WOW
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THANK AeryntOne for informing me to change the inputs in the formatting to 9, 6 & 3
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I'm basically saying when you see the red line approaching the LEFT side or RIGHT side of a green line and/or ghost line, NOW YOU KNOW WHAT TIME IT IS.
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And don't forget to make note of the dots that indicate PRESSURE IS BUILDING.
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The more dots the more pressure.
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IMPORTANT NOTE REGARDING RED LINE CROSSING LEFT SIDE OF GREEN LINE IF GHOST IS ON THE UPPER HALF WHILE GREEN LINE IS ON LOWER HALF. MENTIONED IN TEXT BUBBLE USING ZECUSD AS AN EXAMPLE.
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I should probably say, IF GHOST IS ABOVE the green line [Whether ghost is on upper or lower half of center at 50%].
IF the ghost line is above the green line and the red line goes touches the left side of a green line, it does NOT mean upward move. It means downward move.
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Pay CLOSE attention to PERCENTAGE. IF the red and green lines are below 25% and red line goes through left side of green line, THAT"s NOT GOOD. It STILL means down.
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Changing the "Style" in "Formatting"
There are 3 Plot's; I changed the top (1st) Plot from green to white to make it more visible. Easier to see; much easier.
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READ THE TEXT BUBBLE:
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paying attention to the fact the RED LINE is BELOW the 50%. I'll be posting other TF's shortly...
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8h TF:
READ TEXT BUBBLE:
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EXTREMELY IMPORTANT TO READ MY XMRBTC PUBLICATION. EXTREMELY!!!!
I"M VERY VERY VERY SERIOUS!!!!
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I'm going to a different TF and posting shortly...
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12h TF above...
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ABOVE IS DAILY TF
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THE ONLY ONE's PRIVY TO THIS INFORMATION
are those who follow me... UNDERSTAND?
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MEANING:
I"M NOT posting this in the troll box, twitter, youtube, etc...
Just STAYS HERE...
If someone just happens to STUMBLE across this publication, they may feel fortunate IF they actually take the time to read it.
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I would PREFER everyone LEARN these technics as well...
WHY?
THIS IS NEW TO ME AS WELL.
I just happen to stumble across PATTERNS when setting the INPUTS in the FORMATTING...
FROM: 9, 26 & 13
TO: 9, 6 & 3
LET US SHARE WHAT WE LEARN TOGETHER...
OPEN SOURCED YOU MIGHT SAY... ; )
But only for those who stumble across this publication!
The same way I stumbled across the patterns.
Keep in mind...
MORE PATTERNS TO COME AS WE CATALOG AND SHARE PATTERNS TOGETHER IN A PLETHORA OF TF's.
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This would mean we get ORGANIZED like DEV's... NO?
CREATE GROUPS:
GROUP: 1m TF GROUP: 2m TF GROUP: 3m TF
and so ...
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PRESSURE BUILDING
PRESSURE BUILDING:
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This is to give an example of price action.
More info on that price action in this publication:
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FOR YOU FOREX TRADERS:
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I must get on my business taxes for a while after TA of my coins I trade. I'll be back with a vengeance in the coming days. Lord willing....
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More details on how to use this with FOREX trading to come. You are going to LOVE IT. Trust me....
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By the way, the chart above is 77m TF. I've found 77m, 42m and 7m quite useful TF's in all pairs.
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154m TF:
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The green TREND line inside the indicator on the bottom was what was just added.
Go to Godmode, click the "+" symbol and select LSMA (Least Squares Moving Average).... when it shows in the indicator [You may want to change the color like I did] select the "wheel" symbol and change the length to 60 to see the market trend inside the indicator.
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Don't forget the green line (LSMA - input set @ 60) is the "trend" indicator.