#FXinsights #TradingViewTOOLKIT cisGGproMETRICS Explained YM1!
Updated
YM1!Reference ACTIVE Chart and search "cisTRADING" "TradingViewTOOLKIT" online
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#cisTRADING
#cisGGproMETRICS >>> Lower Study
}}} pro / P.R.O. = Potential Range Of...
Note*** Main chart levels/labels utilize #cisGGproTRADER targets and trend/momentum trend price level triggers (price levels without labels are current trade execution levels from intraday signals) ***
The column histogram is NOT a MACD and is color coded based on 5 conditions including the Primary GGcandlestix signal and the Primary Momentum signal!!!
GGseriesMOMENTUM is the exact momentum threshold in pips/points. So, if price is down -310 and the #GGseriesMOMENTUM is -400 then current price value is less than MOMENTUM potential. This value adjust real time and projects the exact target MOMENTUM in pips/points. If momentum is -400 then that means a move of +400 from the low is required to REVERSE momentum TREND.
ggSERIESpriceaction is the exact PRICE ACTION Trigger correlated to MOMENTUM. If momentum is greater than #ggSERIESpriceaction then contions are bullish (Green CLOUD) and if price action (meaning the movement of price directionally) is greater then the conditions are bearish (blue CLOUD)
>>> "The Great Gatsby" Alert refers to a conditional alert that conditions between #GGseriesMOMENTUM and #ggSERIESpriceaction have triggered a reversal potential <<<
GGpriceACTION is the precise level of the real time adjusted Price Action trigger of the current candle/bar (and we like bars with candles, they're Gatsby or "Romantic"). So, if the #GGpriceACTION is -243 then if PRICE moves above/below area of -243 points/pips then it triggers or least signals a PRICE ACTION REVERSAL. This value adjusts real time with every move of price or price action.
GGtrendSTRENGTH is the precise level of real time adjusted TREND conditions converted to total points/pips and +/- its correlation to price action high/low principles.
GGavgTRENDstrength is the average strength of the trend support. The relationship/correlation of #GGtrendSTRENGTH and #GGavgTRENDstrength is important and relative to price response to differentials in trend conditions. If the differences in these variable diverge or experience expansion then price might converge or experience compression. A good example is if JAN 02 2019 candle trend strength is +75 and the average trend strength is -203 then convergence or compression at 50% differential would be BEARISH or - for JAN 3 2019... Though #GGavgTRENDstrength is a "lagging" moving average calculation its differential to #GGtrendSTRENGTH is a FORWARD LOOKING predictive variable of price action +/-
GGcoreTRENDstrength is the precise real time adjusted value of TREND and STRENGTH converted to exact levels in pip/point range based upon the relative C.O.R.E conditions from #GreatGatsbyProTrader #PriceAction Methodology from Joshua Corum 's book and #cisTRADING on YouTube
MOST IMPORTANT
#HotBarCompression is the level in points/pips which price must exceed +/- to maintain strength and momentum in price action +/-. #HotBars are Bars we like... They're HOT and provide opportunities for changing conditions and reversing directions and create just enough pressure to get things moving ... When #HotBars (orange) are visible then there is opportunity!!! so if #HotBarCompression is -315 and all other metrics are higher so #HotBars are visible then there is opposing pressure in another direction +/- ... Just think about how easy #HotBars make decision making.
Quick Review of
YM1! Jan 3 2019 chart using #cisGGproMETRICS *** Actual numbers may differ slightly as values adjust real time in the #TradingViewTOOLKIT
1. #GGcoreTRENDstrength signals bearish conditions where the C.O.R.E. (Center Of Range Experienced) is -100~ from previous candle.
2. The differential of #GGtrendSTRENGTH and #GGavgTRENDstrength is -145~ to -200~ in convergence or compression from the previous candle +75/-203 ratio and the Average Relative Strength (RSI adjusted level) of TREND is the same -200~. Price moved lower and #GGtrendSTRENGTH shows -145 from previous +75 which is bearish in compression or convergence to a stable -200 moving avg where price did not maintain a -200 or less level; hence, a bottom tail doji market making candle is shown.
3. #GGseriesMOMENTUM is bearish signaling -292 pips/points and #ggSERIESpriceaction is bearish at -189 pips/points... SELL SIGNAL SHORT
4. #GGpriceACTION suggests that -205~ pips/points from the HIGH is the price action sell trigger down bearish and short and above -205 from the HIGH signals bullish pressure.
5. #HotBarCompression signals that Price Action did not yet follow through to -315 levels and orange #HotBars are visible creating bullish pressure.
6. Values of #cisGGproMETRICS adjust synchroniously with even small changes in price and levels adjust in the direction of price action quickly... This signals market making into price action candle behavior most strong in the SHORT BEARISH TREND DIRECTION...
TOO SIMPLE!!!
Always remember that "The Great Gatsby" is looking for #HotBar opportunities...
...where values move through #HotBarCompression Price Action with Momentum & TREND and #HotBar opportunities where Market Making allows for opportunities to move away from #HotBarCompression with REVERSALS...
When current price approaches #HotBar levels look for opportunities either direction!
Trade closed: target reached
"DIAMOND" reversal at the top with "The Great Gatsby" Alert signal
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