The first trading cycle bottom is indicated by the red diamond; the trading
cycle top by the green diamond; and the next trading cycle bottom by the
red diamond.
In the Trough
to Crest Time Band in the top Window, the red up-spike identifies the
cycle bottom. The cycle bottom that starts the Trough-to-Crest count is
identified in the price chart, either by visual inspection based on the
oscillators, or a Mechanical Buy Signal.
From that
low, the most probable time for the cycle to top is forecasted, and shows
in the chart by the protrusion of the green line into the window, allowing
you to watch on your chart as prices enter into the Timing Band.
Using the Expert Advisor, the dates and
days of the week that begin and end the Timing Band are forecasted, and
shown at the bottom of the chart.
From the
cycle low, identified by the first red diamond, the most probable time
for the cycle to top is Tuesday, 11/13/01, thru Thursday, 11/22/02. This
is the same time period shown by the green protrusion into the Window,
but in real-time, you would not see the entire Band until it ends.
PT Users: Click here to view inputs for this Timing
Band Template. |