Ask and you shall receive <G>
In the interest of research, I am doing this experiment. I had my program generate a fibset. I picked A, B, C, and D points off of those Fibs. I picked X just as a place that I thought would make these a harmonic like pattern. I have no idea if this is a valid harmonic pattern, but perhaps you can shed some light on that.
Also, keep in mind that this program is still in early draft mode. So I am not sure how precisely it picked the fibs, but I am allowing some wiggle room.
With all that in mind, this is what I got as one of several possible patterns.
PS The D point is 101.59. It maps to 1.618.
PPS This pattern was generated even before the B point was reached because the program predicted the fibset. So if it pans out, it predicted both the B and C points. (actually, it predicted a better entry than the C point. It predicted the Zero!).
PPPS That blueline that you see, was set based on where the midband flatlined (only partially visible in the image). That the red, blue, and green levels mapped to 1, 0.382, and zero, is perhaps the confirmation that a valid pattern is about to unfold. What is cool about this is that only X and A were decided when was formed.
#Trading System progress 3 ;)
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