Iterative Refinement

Discussion in 'Journals' started by Spydertrader, Jan 3, 2008.

  1. She mentioned somewhere that it was Avi 8, who taught her that set up.
    :D To give proper credit may be it should be called "Avi 8 turn" in the spirit of http://en.wikipedia.org/wiki/Pugachev's_Cobra
     
    #5931     Jul 30, 2008
  2. No.

    No.

    - Spydertrader
     
    #5932     Jul 30, 2008
  3. The utility of being able to distinguish a Pace step-up from Peak Volume is that it allows us to avoid reversing on a Pace step-up, which should actually be a signal of continuation. Peak Volume, on the other hand, is a signal of change, so we should reverse on Peak Volume.

    I came up with some hypotheses as to what differentiates the two. I need to look at more examples of Peak Volume and Pace Acceleration to see if these hypotheses hold up:

    1. Perhaps Peak Volume only appears after a Trend has been established, i.e., after formation of a Point 3 Traverse.

    2. Perhaps a Pace Acceleration (step-up in Pace) only occurs after a period of relatively low Volume levels.

    3. This one is after the fact and may therefore be unhelpful in the real time MADA process: Price will not continue in the same direction on the bar after Peak Volume occurs.
     
    #5933     Jul 30, 2008
  4. FWIW, I really like the Beelzebub's lawyer approach with no 'gift from Spyder EOD chart' being presumed, dare I say - predicted, but rather being anticipated. FWIWx2, there's lots of interesting stuff in those days surrounding Romanus' "dantheman" chart posting for those who might be interested and no; I'm not doing a 'steel sharpens steel' thingy.

    lj aka "Mr. Fuzzy-wuzzy" which of course has a multiplicity of renderings, or at least that's what mi esposa tells me.
     
    #5934     Jul 30, 2008
  5. nkhoi

    nkhoi

    2 bars begin a traverse.
     
    #5935     Jul 30, 2008
  6. Thank-you for identifying this as false. I will continue my Monitoring, with this possibility eliminated.

    Phineas
     
    #5936     Jul 30, 2008
  7. gucci

    gucci

    I thought, that each traverse starts from 2 bars, but not every 2 bars begin a traverse.
     
    #5937     Jul 30, 2008
  8. Thank you, Tums, for pointing out my math error. Of course, for us to have acceleration of the Gaussians Slope, Volume must increase at an increasing rate. Therefore, in my example, we would need to see a minimum of 45,001 on Bar 3, giving us a 50.003% increase over Bar 2's Volume. Now Volume has increased at an increasing rate from Bar 1 to Bar 2 to Bar 3.
     
    #5938     Jul 30, 2008
  9. Aurum

    Aurum

    This sounds reasonable - simple and elegant.

    I started going back and putting together recent posts and charts where Spyder pointed them both out to see what I could see, and then the thought came to me: If it's not peak volume, then it would have to be a pace change. In other words, the final 2 consecutive bars have increasing volume, but do not have an increasing gaussian slope.

    It can't be that simple, can it??

    -Au
     
    #5939     Jul 30, 2008
  10. Tums

    Tums

    Treeline...

    I am not implying you are wrong.
    A one contract increase can add to the slope.

    I am trying to get people to think from all angles...

    What about the range? Should it be in the calculation?
     
    #5940     Jul 30, 2008