When publishing this chart price is 687.00. Long term projection is for a pull-back as drawn (see yellow dotted trendline). I wanted to make sure you know that the Ruby project, is an un-finished work, but is available on gitbhub for your review. Sincerely, Beauty
I know Ruby as a Programming language, but this? :)
B10ckLanders
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its a new indicator under development, to my understanding.. from her page "Ruby deploys or utilizes a stacking of Exponential Moving Averages (EMA's) that serve to mimic the highly effective bot(s). The EMA's are working in tandem to produce entry levels that are sound and eliminate the noise of the market. The sequence and proper reading of the EMA's is essential, as with any market indicator. Ruby is not a trading strategy and is not intended to demonstrate a trading strategy. The essential EMA's are 8, 13, 41, 51, 32 and 96"....... interesting concept
BitcoinMedusa
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Here is some information from a post I made in October 2013 on my blogspot page when we were just getting off the ground. "" DRAFT FOR DISCUSSION PURPOSES. Ruby deploys or utilizes a stacking of Exponential Moving Averages (EMA's) that serve to mimic the highly effective bot(s). The EMA's are working in tandem to produce entry levels that are sound and eliminate the noise of the market. The sequence and proper reading of the EMA's is essential, as with any market indicator. Ruby is not a trading strategy and is not intended to demonstrate a trading strategy. The essential EMA's are 8, 13, 41, 51, 32 and 96. And, you are probably wondering now, why so many. Each one serves to plot out visually an entry level, a no trade zone, a weakening of strength, and potentially the location of where to place a stop. Will Ruby be able to do all this on a flat plane chart, we don't know yet, but we are going to be pushing the envelope in all ways possible. Think of Ruby as part of the new generation of indicators, having every talented member of a vibrant community focused on her potential and yes her flaws. As a candidate for the Traders+ Ruby Project Creator Group you will be asked many times to find the "cracks," seek out the instruments and the time-frames in which Ruby is not functioning. Also, to mark your charts with your perception of Ruby producing "sound" entries.
Ruby is asking you to suspend belief as it were so at the end of her brief time with the Creator Group she can stand as an indicator inside the TradingView free to use features. And, with all respect, no matter what, Ruby will be presented the first week of January 2014 to the team of TradingView. From that point on, soon enough, in their fine hands, we will know if we have hit on something or not; and, if a community of chartists from all over the world can come together and build something useful, sound, and what could be the beginning of a whole new generation of indicators. Be of good cheer, bring your "A" game always. Remember please Ruby is free and open source, and everything you offer to put into her building out, is out of your own will, to be part of, Traders+ Ruby Project Creator Group. Thank you, Sincerely, Beauty ""