INFINITE REGRESSION HOLY GRAIL #1-5, INFINITE MOVING AVERAGE GOLD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) COMEX:GC1! MQP THIS IS A PIMA FRACTAL . PIMA is a giant moving average ribbon divided into 6 layers, each of those subdivided into 6 to 8 moving averages. Each color layer has matching bollinger bands . 1. left is gold futures 4H bar 2. right is gold futures 12H bar 3. the indicator you see on these charts is the same one, PIMA 4.1, here are technicals: a. orange wave = 36 to 104 months (roughly) b. navy/purple wave (I can't tell) = 12 to 36 months (roughly c. gray wave = 4 to 12 months d. red wave = 4 months to about 5 weeks e. blue wave = smaller f. black wave = yet even smaller So? What you have here is an "infinite moving average fractal", not just composed of 2 random MA's like 50/200 or what have you. This is to say when I make a forecast, this is how I start forecasting, not with 2, 4 or 15 MA'S but a minimum of 45 and repeated 6 times for different bar sizes or more. And I seriously I don't even use this indicator any more bc compared with INFINITE REGRESSION indicator, this one is is horrible for forecasting. PIMA Is GREAT FOR TRADING, so so for forecasting that is why you NEVER SEE ME POST THIS ONE ANYMORE. PIMA has one very useful application that I will post next week. I had 2 more examples to post but out of time now.