Feigenbaum ProjectionsThe theory of price delivery per Feigenbaum projections is credited to TRSTNGLRD, this indicator aims to aid traders from all backgrounds to utilize projections for determination of potential future price moves.
What follows is the simplest description of where to anchor the projection:
As price delivers and clears higher high (buy side liquidity) then reverses to clear most recent low (sell side liquidity), this becomes the anchorage point for the Feigenbaum projection and is referred to as perturbation. The start and end points for the projection should be only those candle bodies that wholly exist within the range within the high and low that were cleared by the perturbation, this range of candle bodies is to be considered the "initial condition". Structure that appears as a broadening formation is one such price delivery occurrence that can be utilized with these projections.
The projected zones are all pre-configured by TRSTNs specifications per Feigenbaum but can be adjusted if the need arises.
Price is expected to expand beyond the initial condition and into the negative and positive target zones, accuracy diminishes with further expansion and reevaluation should occur when a new perturbation is discovered.
It's recommended to explore various timeframes to find a perturbation by which to anchor the next Feigenbaum projection.
I'll do my best to update this description with time as more discoveries are made and TRSTNGLRD provides more guidance and feedback on this indicator.
Feigenbaum
OWRS VolatilililityBit of a fun indicator taking into the asset names and natural processes and also the fact that the crypto markets are (definitely) not run by weird occultists and naturalists. Looks for disturbances in price of these four key assets. Read into it what you will. Sometimes the clues are just in the names.
Things you will learn from this script:
1. Using security function to compare multiple assets in one indicator.
2. Using indexing to reference historic data.
3. Setting chart outputs such as color based on interrogation of a boolean.
4. To only go back 3-4 iterations of any repeatable sequence as chaos kicks in after 3.55 (Feigenbaum)
1. By extension only the last 3 or 4 candles are of any use in indicator creation.
2. I am almost definitely a pagan.
3. You were expecting this numbered list to go 1,2,3,4,5,6,7. na mate. Chaos.
Euler Cubes - CubᵋI give you the "Euler Cubes", inspired by the mathematical number 'e' (Euler's number).
It is suggested (fibonacci ratios analogy) that price/e ratio can give Support/Resistance area's.
The first cube is made by a low/high of choice, for example:
You set the 'source low'/'source high' in position:
Then you choose the 'e ratio' (x times 'e')
This multiplies the distance 'high-low' times '0.271828' times 'the set number' .
For example, choosing 5 gives 5 x 0.271828 = 1.35914, the distance 'high-low' hereby multiplied by 1.35914, the following cubes multiply the previous distance by 1.35914.
(Settings below 5 will give cubes smaller than the 'high-low' distance)
In the case of x times 'e' = 5:
You can extend the lines:
Now you can give it an angle:
Do mind, using it over very little bars and using an angle can cause some lines to not align as intended, because for now, it is not possible to plot in between bars.
There are also 'Euler' SMA and EMA available with following length's:
27, 54, 82,109, 136, 163, 190 and 217
Cheers!
