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Feigenbaum Projections

The 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.
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.
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
@tradeseekers (YouTube, Twitter)
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。