PROJECTED NEXT BAR HIGH -LOW RANGE TRADESTATION OR MULTICHARTS

Description

HAVE YOU EVER HEARD THAT WORN OFF PHRASE
TOMORROW'S NEWSPAPER WOULD HAVE COST TRILLIONS?
no one has yet managed to forecast the future exactly, but with this indicator there is no need to. We can paint right on the chart the next bar before it actually happens with
astonishingly
high probability of success and it does not matter if we talking 5 minute or daily bar.
And i am talking the silly indicator I have seen elsewhere where they take the high and low for last 3 days and paint that as an expected high or low. My code is 4 or 5 pages long and includes volatility cycle, range cycle, trend element ...
Refer to main picture, those dots to the right of the last bar are actually where the next bar will be. Nice and neat. You also have actual numbers on the right axis. You can switch any of them on or off.
Now, the other very important thing: this indicator is not perfect, nothing is. I was monitoring it for rare
occasions
when it does not  work well and I found that when price
action
is overwhelmed with something more bigger and more
important it tends to be inaccurate. Then I asked myself what these periods look like? And the answer was: very high volatility.  So what I do i include low volatility indicator ( this is not the  same as my
volatility
indicator) This one is developed around well known NR4 principle (
narrowest
range of so
many
bars). To make the long story short, you have another indicator included (yellow crosses in second picture) and that low volatility
indicator
tells you to expect explosion in volatility in the next few bars and logically you are warned that range projection likely to be inaccurate as one or both
edges
will be messed up. Not bad... ah ?
Yours for less then a
hundred
bucks
It comes with Trading Advice on its application. You are expected to have some experience in trading and follow simple principles that will be explained. You are expected to be able to
differentiate
between trading and ranging conditions as a
minimum
. It cannot be blindly applied 100% of the time. If some silly kid takes hold of it he will only harm himself. I will
explain. This is common sense only.
***   Good trading ***
p.s. talk to me about other indicators applied in the background if you are interested
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