Further Discussion on the Enhanced Mystique of the 'Magical Nine Turns ': Revealing the Hidden Mysteries Behind the TDS Upgrade

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Today, I would like to talk to everyone about an intriguing topic - the Magic-9 Indicator. This indicator is derived from the TD Sequential (TDS) principle and is an improved version of a mysterious indicator called "[blackcat] L3 Projected Magic-9/13".

First, let's understand the market significance of this indicator. Magic Nine Turns is a technical indicator built into many stock trading software programs. However, before using it, you must understand its market significance and confirm if it suits your own trading style. Traditional TDS still generates buy and sell signals of 9 and 13 during sideways swing phases. But, this cat uses the Project Range technique to differentiate between trends and sideways movements. Normal 9 and 13 within the range are displayed without any distinction from other numbers, while breakout-generated 9 and 13 are highlighted with red and green labels.

Next, let's see how to apply this improved magic indicator. Project Range automatically switches based on the current operating cycle through MTF (Multiple Time Frame), selecting a higher timeframe as the baseline for Project Range. Traditional 9 and 13 are treated as other numbers, using a regular font. Red represents low numbers, while green represents high numbers. Predicted 9 and 13, highlighted with red and green labels, represent low 9 low 13 and high 9 high 13, respectively. It is important to note that these labels are unconfirmed buy and sell signals. Project Range, interpreted as the prediction range, is displayed in magenta.

In general, Magic Nine Turns is not just a simple number game, it embodies profound market logic and exquisite analytical skills. Through in-depth analysis of the TDS indicator and innovative applications, this cat hopes to help everyone capture more shining opportunities in the ocean of quantitative trading. However, remember that no indicator is foolproof. It is only by combining your own trading style and market analysis that you can achieve the greatest effect.

Alright, that's it for my analysis. May every quantitative trader who follows me navigate the market with ease and seize every opportunity that belongs to you. Remember, every step in the market requires caution, just like a cat stepping on roof tiles, both elegant and steady! 🐾 The following is the code that is being shared this time:

This section "L3 Projected Magic-9/13" is based on the theory of TDS but has been innovated and extended. The main features and functions of the code include:

Projection Range (ProjHi and ProjLo): The code determines the projected high and low points of the current period by calculating the previous period's high, low, open, and close prices. This method helps identify important support and resistance areas.

Multi-Timeframe Support: The code can adjust automatically based on different timeframes using the selectAutoTimeframe() function, making it more flexible and suitable for various trading strategies.

Magic Nine Transformation Logic: The functions xcn() and xfl() are used to identify specific buying and selling patterns such as the formation of 13 and 9. These numbers indicate potential trend weakness or reversal points.

Chart Labels: The code uses the label.new function to display key numbers, such as 9 and 13, on the chart along with whether they are signals within or outside the trend. Changes in label color and position intuitively express market sentiment and potential trading signals.

Custom Functions: The code defines multiple custom functions, such as xrf(), xcn(), xex(), and xfl(), to handle complex logic and calculations. These functions enhance the code's readability and maintainability.

Overall, this code is used to identify market trends and turning points. It combines multi-timeframe analysis, dynamic support and resistance areas, or the Magic Nine Transformation trading pattern, suitable for experienced traders and analysts. The complexity and versatility of this code make it a powerful trading decision tool.