Speed
Long

Double Diamonds

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
83 0 0
My original diamond chart (https://www.tradingview.com/v/vAyTPG0w/) seems to have broken down on the surface after the blue circle. This was also the charts original success point. Since then, I noticed that if I further divide the purple diamonds into quarters, a number of new and interesting intersections have appeared (red circles).

I wonder if someone doubled the frequency/scale of their trading bot?

Obviously the diamond pattern could be sub-divided to infinity at which point it would never miss surrounding intersections. My goal with such a chart is to maximize the diamond area while still providing accurate intersection points to identify larger trends and movements.
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