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Indicators: Sacred Chao - Signals from "Trading Chaos: 2nd Edition"

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Automated-Trading
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Automated-Trading 2014.05.29 12:08 

Sacred Chao - Signals from "Trading Chaos: 2nd Edition":

Yet Another Chaos Indicator.

"The Sacred Chao symbolizes absolutely everything anyone need ever know about absolutely anything, and more! It even symbolizes everything not worth knowing, depicted by the empty space surrounding the Hodge-Podge."

The indicator shows:

  • An Alligator (Jaws, Teeth, Lips);
  • Bullish/Bearish Divergent Bars (1st Wise Man) that are closing completely below/above the Alligator (countertrend);
  • Bullish/Bearish Super AO Signal (2nd Wise Man), 3 same colored bars on the Awesome Oscillator (momentum);
  • Bullish/Bearish Fractals (3rd Wise Man) that are above/below the Teethline (trend);
  • Angulation Lines from Price crosses/peaks the Alligator to 1st Wise Men;
  • For Experts the Angulation is stored as deviation in Points per Bar in a buffer but not shown;
  • Trailing Lines based on highest high/lowest low on the last x bars;
  • For signals and trailing there is added an ATR value, modified by a factor.

Sacred Chao - Signals from "Trading Chaos"

Author: Eristocrat

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