Sunday 13 September 2009

Linking ideas together - WMs, EWT & Channels

Just to let you all know the direction I am moving in.

I'll be trying to use EWT from a short time frame basis, checking possible patterns & then putting them together to make vaild possible counts on th longer timeframes.

I'll be using two ZigZag indicators, one set on High & the other on Low to mathematically identify the key Highs & Lows needed to decide if it's moving in 3s or 5s etc.....

I don't think I will bother to fully automate the process but I'll be using some code to try and remove the "seeing what you want to see" problem with any pattern spotting.

cheers theory