Recent posts have been around the Z-score Kit ribbon, but work is being done also on a successor to Greedy Bands.
Apart from refining and analyzing stage selection, the concept is to collect all possible info and save the result as templates.
Tens of thousands of things are discovered on a pair and outcomes will be different according to the SMA interval used.
Having fixed data on unique templates allows for comparing that criteria.
USDJPY, Daily, 25 SMA:The above image shows normal price bars and a number of the major PI lines formerly described.
The blue is Gramps' line, by now put in stone. Please note all of the colored spots involving price bars; these are lines from lower TFs.
Same chart, but using only a price line:Such a view is supposed to help define S/R, since the price line should not or barely be seen to touch that amount itself.
Clustering of lines over many TFs is significant and common turnarounds are seldom without that.
Great S/R was designed to be crushed through at the end, but just why was it there in the first place?