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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Qone0 who wrote (73951)	11/15/2022 6:48:26 PM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Respond to of 97605

Stay tuned. I don't think I'm far off, but I don't have a good platform for researching it. In any event, I am not trying to recreate Scott's system. I am trying to build something new. As I see it, you pick your scenario: Bullish or Bearish. The system will then generate a bunch of PRZs, which the trader will have to observe and act upon accordingly. If we go through any of the PRZ levels, then either it is an overrun, or you are moving to the next next target (the analogue is when a bat changes into a crab). Here is a random example I just picked up to test it out. On the bearish fibset, SAGE dropped to 0.5, bounced back to 1, Dropped to 0.618 then bounced to 0.382...etc. Then in AH, there was some good news and bounced to that blueline flattening out where program has identified the resistance. So basically you get a roadmap and decide if that is what you want to follow. I am still very far from where I want to take this. For one thing, I am still only analyzing the price movements, but I really want to bring in other "real" indicators - that I have not had a chance to program for (again, b/c I don't have the right tools and it is a real pain to program without the right tools and data).