Registered: Feb 2003
10-12-12 09:36 PM
Quote from Paddler:
Column 1 (Price variable), column 2 (Volume variable), column 3 (A/D variable), column 4 (Score).
1 1 1 7 (Three concurrent changes in variables)
1 1 0 6
1 0 1 5 (Two concurrent changes in variables)
1 0 0 4
0 1 1 3 (Three concurrent changes in variables)
0 1 0 2
0 0 1 1 (Two concurrent changes in variables)
0 0 0 0
Note: For score 7 and 3, both volume and A/D are INCREASING. For score 5 and 1, only A/D is INCREASING. I wonder why nobody has asked how to measure A/D, lol.
Side note: I dislike the misleading term A/D for years. Dominance/Non-dominance is better. A/D should be the gerund of market phenomena in particular the nesting fractals. I feel that the scores could be hard to read if slower fractal's cycles are "volatile".
Thank you for posting the matrix and annotating it.
A/D like most indicators has been around for a long time. different athorities use differing approaches. By thoroughly examining their work it is possible to learn something about this third variable.
Right now we have a market cycle and it is composed of two trends. we also have two methods of trading the trends in cycles.
In both threads that are running their are objections and non-positive opinions on the details of trading and making money in markets.
If you use the resouces I mentioned you can review the various approaches O'Niell and the function compilers at GFTI are using.
WJO'N uses five letters and in the past we used A and B for accumulation and we used C, D and E for distribution. GFTI uses a function and then assigns a go/nogo to the function to have accumulation. The first is 60 and the second is 75 as their respective assignments of a value that serves as a go/nogo.
If it were decided to use 5 or 3 divisions of the possibilites, then the middle portions of each could be assigned WAIT.
A lot of variations are possible. If wait is introduced then the 8 scores would have insertions between each score and 16 elements would exist for the cycle trending differeniation.
My intention was to make it possible for the least trained potential traders to be able to make money ASAP in their careers. there was some comment on how to really make money at a high velocity with the same deep certainty.