Could someone pls post your 343, 2401 and 16807 charts at the end of day? Just wanted to see that I'm having similar oscillations on the ERG. Thx.
Your posted 2401 is identical to mine. I assume the others are too, since the data is the same and the code is the same. Look at the multicharts 2401 posted previously by someone else. It is close to yours, only yours has less computer generated noise. JW
Yes, the 2401 seemed correct, but see attached my 343, at that time I'd have had the label reading Br HH 850.75 due to ERG making a prior PPH LH 846.75. Do I also seem to have similar data issues on the 343 or is my labelling wrong (its done by hand).
labelling wrong. last 343 high prime was around 11:00 therefore you have a PPF where you wrote breach. Now you understand why I asked you about the auto-label software?. JW
LOL, yeah, but I seem to have the logic wrong in the first place, or so it seems . . . So the ERG at around 11:16 beyond +10 does not count? as a PPF?
nah. It's part of the same prime-prime oscillation. Price goes from prime high to prime low. If you took a short there (ill-advised since 2401 histo was green, below cero and rising (meant accelerating)!) you got stopped out if you followed the protection rules. Don't confuse the trading chart 2401, with the entry/labelling chart the 343. It's easily done. And yes it was a PPF label...but the label kept jumping up till 11:22, only YOU didn't move it... lol JW
OK, so I did have the logic a little off . . . I was under the impression that price labels for the 2401 come simply from the 343 chart. So just to clarify, on the 2401 between 11:17-11:31 (based on ERG being blue) or between 11:12-11:23 (based on 2401 histo being a continuous green) anything on the 343 is counted as the same oscillation, ie upwards. And therefore an ERG oscillation on the 343 has to be compared to the above mentioned 2401 oscillation and only the end prices (for lack of better word) of 343 are being looked at? Can you clarify whether the 2401 ERG or 2401 histo is to be used to determine the "same osc". If the above is correct then coding a labelling program will have to "talk to" both the 343 and 2401 in determining an osc in the first place . . .
LOL. Think about it for a while. It took me a while too, you know?. And yes the price labels for the 2401 come from the 343 ERG PRIMES. If prices had crashed from your PPF, that would have been THE PPF prime, but they didn't, prices made a MINOR oscillation down and then went to PRIME high again, and label moved. I'm gone for today. If you clear THIS case in your head, you will understand more than 95% of users of this method, and every piece will fall into place. JW