Just to mention. The scale almost always goes out slightly. These points were set as perfect as could be but the scale doesn't hold it's precise lock well enough. It's because the accuracy is based on bars not pixels. Try to avoid using TOO MANY RATIOS. You only want 2 OR 3 REALLY GOOD ONES. .874 and 1 are my favorites. On a different scaling you might get...
Here's the precision that the stock market has when the chart is shaped and scaled to fit the ratios. Excellent accuracy.
The normal channels were bang on when they hit. I still haven't figured out how to calculate when it doesn't bounce to full channel width, but they are still very accurate when a good LEAD point is determined. Sometimes the internal trend in the channel can determine the overall channel angle also. I publish these so I can recover them if they are lost also, not...
I've set the chart according to the circle and 45 degree on the chart. They aren't perfect but they are usually within +- 1 degree. Just play the safe side of the diagonal or right angle. Channels like TXN can also work well if you can get a good LEAD point. I have published several different channel ideas also. Nothing guarantees the right diagonal is where it's...
Haven't test the parabola tool out enough to see how well it works. It would actually be a neat tool if they made a tool that look like a leaf. It's similar to an ellipse but comes to a point faster. It would also need a trend line running right down the middle of the leaf. Call it the "leaf tool" or the "canoe tool" ha The ratios all work out nicely because they...
The Gann square screws up. Just use the Fib speed arcs.
This .874 and 1 ratio go together like butter and bread when the scale is adjusted for them. IBM uses them too. The channels look like they are right on now. As usual make your own decisions. It's easy to get fooled in direction, but I'm satisfied with the precision in the ratios and channels.
The scale must be set 1:1 for this to read out properly. It would be best if they could have an automatic 1:1 scale set, but this will work also. The 23.7 degrees up is reflected to 23.7 degrees down and the other relations are close to 90. Hard to set it perfect without a specific angle set option in format, but this is close.
Angle tool, Fib speed arcs, Arrow tool, horizontal and vertical lines...can all be set by coordinate inputs. This is much more accurate than eyeballing. Use the days bar on the bottom, or the price bar on the right to finetune the scale so it syncs up with the arcs, angles, etc. You have to check the arc, square and angle relation to make sure everything is still...
Unfortunately, this can't be zoomed out. Don't know why. There are 3 key ratios at this scale set. .618,.874 and 1. There is also the inverse of .874..1.144. Check it out yourself in practice before trusting it. I don't like getting blamed because people think prediction is supposed to be perfect. The ratios are excellent. The method is good. This is the stock...
There are overlapping numbers because there is more than one channel size. The key idea is one channel size keeps it's VERTICAL distance always. From 1 to 1p or visa versa remains a constant distance no matter what the angle of the channel. The 2nd thing is, when a channel breaks into future data then you have to go back to a reset point so the channel follows...
There are 3 channel ideas I am working with: 1. Normal channels (mine) - all channels of one size keep one vertical distance size. There is a chart on TXN at the bottom of my published that shows that method 2. Channels that have the vertical distance SET but 3 channel sizes are tried for in ONE channel path. Like the previous chart to this 3. This method-...
These are made with the FIB channel tool, but these are my settings. Just click in the middle of one of the lines and the anchor points will show up as circles. This is not the same way I usually do channels. It's just another experiment with combining 3 channel sizes in levels on one very large size. The arcs are the same as IBM which is also published. .874 and...
Hope this helps. Even if my prediction for short isn't perfect, the ratios are there and usable as long as you use THIS scale. Just "make it mine" and work on it yourself.
The fib speed arcs were used as a circle because they always keep a circular shape. I made a slight boo boo on the set up. To make it as perfect as can be go back to the beginning of the chart where the vertical and horizontal arrow are in the circle. Just zoom in on the vertical arrow first, then unlock the scale and move the days bar along the bottom until the...
The chart has to be scaled carefully to make this work. EURUSD, AUDUSD and NZDUSD all use arc swings. In fact I haven't seen any stock or currency that doesn't...especially in consolidation type of movement. If there are steep up or down moves then the other ratios are combined with the 1 arc. .874 and .764 are the 2 I like. Also look for .874 to 1 and then to...
Hope it's right for the time. Time is even more difficult to predict than price. If it breaks the top of the channel...I'm out to lunch and wrong. This shows the same consistency with arcs on EURUSD as the daily. Wish I knew how the geometry really worked. It's definitely rigged..I just don't know the whole pic..just some bits and pieces.
It's not perfect, but if you can scale the chart right a lot of arc swings can connect directly on the same radius swing. This eliminates, or at least minimizes the need for multiple ratios. I've seen this idea on many charts. The problem is backtesting has to be done to set the scale to make the swings fit. The far right of the chart has my projection for where...