MVPMC

█▓▒░ CMYK ♦ RYTHM ░▒▓█

◊ Introduction
This script makes use of a sliding matrix, to search the highest/lowest point in the slider, it then counts the amount of times it was high/low, giving the distance from a previous high/low.
Every High/low are granted values, being a lower value for shorted periods, and a larger value for Longer periods.
This reveals the different period lengths of active frequencies.

Doing this with different slider lenghts would result in measuring with different mean period lenghts.

◊ Origin
From my dream last night.

This is a part of Project XIAM.
◊ Theoretical Approach
Philosophy β :: Rythmic
Searching for the period lenght of several frequencys at once.

◊ Usage
This is an alalythical tool, to be used for Automatically adjusting settings on Indicators that presume a period length for calculation.
Calculations are based on Past values, and no reversal measures or fail-safes are applied, so it will only be useful during a continuation of trend.

◊ Features
Matrix Calculation of Lowest/Highest points in a sliding series with Steady Length.
In the future Several slider lenghts will be applied to search for Frequencies of different magnitudes.

Lenght between TOPS, DIPS , and an SMA that smoothens this.
BIAS Is TOP to DIP Minus DIP to TOP, to uncover Bullish/Bearish index of market movements.

◊ Community

CMYK :: https://discord.gg/bg2TDvh
AUTOVIEW :: https://discordapp.com/invite/BFz8VPn
TRADINGVIEW UNOFFICIAL :: https://discord.gg/fZFcJBy
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Comments

This concept is really good finding the period of the momentum orof the rsi will let you determine exit and entry points. This is parameter I implemented on my strategy by testing out.
Good job!
Reply
MVPMC mks17
@mks17, Thank you ! I'm planning on making this for a longer length to find both shorter and long period lengths. currently lengths up to 29 are spotted, this can be used for a short lenght RSI RMI CCI and other indicators that focus on a frequency.

Good luck with your strategies !
Reply
Where's XRP headed?
Reply
MVPMC GenX9
@cpoleary, This script measure the periods of active frequency's within a time range to determine frequency's.
but

but short term down, daily trend reversal to upwards up after that, close shorts on next down within(30-90min) is my approach.
+1 Reply
GenX9 MVPMC
@MVPMC, Thanks! So getting close to a turnaround?
Reply
MVPMC GenX9
@cpoleary, looks like it so far.
+1 Reply
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