I feel like I have a solid foundation of understanding the jokari window, however the application of it I find a bit lacking. I thought (perhaps incorrectly) that the cells flowed in a certain order (as in PointOne's animated gif). The Mr Black diagram (and his recent posts) have the cells drawn in a seemingly random order. I dont see the practical use of the the cell sequences if there is no certain order to them and you never know the next step of the sequence. Perhaps someone could expound on the issue?
Fun to see this unfolding, although it is much like watching grass grow... With all the economic crap going on, if I had to guess I'd say that brown RTL is going to hold and we will have a nice down leg to work with through the fall
Great ideas treeline. I have been thinking aout pace movements in terms of a jump through an as yet unknown number of levels from the viewpoint of the description given by Jack that the pace levels can be likened to a catenary (this was discussed in the 'Do trendlines work thread?'). To get an acceleration one must move volume beyond the level predicted from the catenary construction for a single change in pace levels. This is what a catenary looks like: The point here is that as you move along the x-axis one unit at a time, the amount that the y-axis increases/unit x-axis increase, goes up. Don't know the math. To me it's just a picture. This is basically what you were saying but from a different angle. The problem I have is a practical one and that is that the 'pace levels' that we use are a variable feast and unless one wants to go through and do something like a 20 day MA of the various levels or has a program which does an 'instantaneous' calculation of pace levels (which I believe Spyder has), you're up the creek. On the other hand the PAs that I've looked at are pretty dramatic but if you have examples where there isn't a jump to very high pace levels, it would be great to see them. However if one must find a way to get the appropriate pace levels each day, then so be it. It sounds like you're already collecting data. I'll do the same. Good hunting. lj
see cell migration on tape level fractal in this sample they follow the order 3-4-1-2 .... they do so because the market is doing it...if some times it looks that the market jumps cells...1-2-0-0-1 or 2-3-0-1 .... this is because this jumps are not spot able on current fractal...but if you look at the same time on 3 levels 64 cells it looks from this perspective that the market moves are not so random
Very cool Mr Black. I had a feeling that the randomness appeared due to the market cycling faster through the cells (on a lower fractal). I will delve into this further, thanks for the explanation...