ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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The Ox

To: Qone0 who wrote (82147)	10/18/2023 3:22:08 PM
From: Sun Tzu	1 Recommendation of 97597

You are absolutely right This is why I actually draw the red/green/blue lines and tell people how the decision is to be made. And I exposed what is under the hood b/c I did not want to just hand over a blackbox that only tells people buy or sell. Finding a middle ground (and programming it) is hard for me. When I look at Scott's harmonic software, it is clear that he is looking at as much data as I do, possibly more. But he managed to simplify his software to show only a few patterns and draws them faintly so as not to distract from the user. He further went on to create the dot in addition to his HSI and RSIBAMM. I'm pretty sure the dot is just reading a pattern on the HSI and perhaps sanity checks it with the RSI before making a point (pun intended). I will need to figure out how to similarly simplify my presentation. Except that unlike Scott, I am not looking for patterns. I am analyzing the order flows to discern support and resistance levels. Then I analyze the momentum to assess how likely it is to pierce through those support and resistances. It's not exactly something that you can draw in advance.

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