The Trough-to-Trough
Timing Band shows this time period by the protrusion of the red Band into
the Window. The red up-spike identifies the cycle low from which the Timing
Band is plotted.
Once the
cycle low is confirmed, the days of the week, and dates for the beginning
and end of the Trough-to-Trough Timing Band can be seen using the Expert
Advisor. Therefore, from a cycle bottom, the approximate time
periods for the cycle to top, and bottom can be anticipated.
As time progresses,
the market will top and a third Timing Band can be plotted, called the
Crest-to-Trough Band, which helps fine-tune the identification of the
time period for the cycle low.
PT Users: Click here to view Inputs for this Timing
Band Template. |