What is ZigZag, Fibonacci, Measured Move & ABC Triangulation? Not enough time to explain fully, so let's assume you know what a retracement is and how you get from points A to B and then retrace to C. A measured move simply measures the distance the zigzag went the last 2 times in the same direction of the current measured move painting.
We are developing a script for the store which may be our most powerful thinkscript yet. The result is valid for various trading systems of many different people using the above concepts. Our script will look at the ABC+MM action of 6 different periods and show you the alignment that comes into play, offering a big picture of price movement.
Why try to find the one best set of ABC points that traders are using?
Lets see how six sets of them line up!
Here are some pics to preview:
Notice in the pic how
many of the 6 sets line up to tell you a big picture story, which is what most
people fail to see using ABC technology. The market isn’t acutely trading per your chosen ABC, and it works more in a cluster of multiple interpretations of what "ABC" is.
So, the more ABC's you have up, the more you can see alignment. Low and behold
it becomes extremely value reversal information. Also, note that if a
line is crossed it is erased at that point forward and the bubble goes
away. If any of the sets are not valid or are complete duplicates of
another, they are erased as well.
Here is the page with 2 scripts currently for sale. : http://www.scriptachart.com/store---abc_xyz.html
