OK, I tried with two posts to side step you infantile insults, to no avail. Read the thread. I tried to keep things civil. You resorted to insults and the term moronic. This is indicative or a lower intellect and an inability to reason through matters like an intelligent adult. My comprehension issues arose when you used "nastertions" as a word. Learn to communicate and things will likely run more smoothly. In some ways I blame myself. Your first reply used "lol" and emoticons. These should have been my first warning that I was dealing with a web trader. Your posts are indeed self explanatory. You are typical of the residents of online forums that try to belittle others through 'supposed' superiority. This time it failed. I will leave you to your little world here and return to mine. As long as traders like yourself continue to pay people for the indicators you posted above people like Larry will prosper. Outta here... Regards,
As long as traders like yourself continue to form misguided opinions about 'indicators' which they quite obviously know absolutely nothing about, and quite evidently are too conceited to learn about, you'll continue to spout mindless drivel and make a fool of yourself. Anyway cheerio then, thanks for dropping by, here's your leaving present..... LOL :eek: LOL :eek:
i've never used the AG's 'Seasonals' tool beyond trying it to see what it does but thought i'd do one - not sure correctly ! - for the eurusd 60min chart, will post another chart at the end of the week to see how it does Advanced GET's 'Seasonals' 'General Description' - from AG Help: "Seasonals are created by taking the pattern of an issue over a set period of time (usually Jan 1 of any given year to De 31 of the same year), and then taking that pattern and averaging that pattern with the pattern of other years. Seasonals can be very helpful in indicating the overall historical market movement for a certain time of year. "The market is usually in one of two states. The first state is when the market is following the seasonal pattern. If the market is not in that state, the market is usually following the inverted seasonal pattern. These two states are easily distinguished by simply looking at the bar chart and comparing the pattern of the market with the seasonal pattern. The pattern can give you a good idea of the pattern the market will continue to follow in the near future."
I think it might be slightly different to Ensign/Pesavento/Foresight, they all advise 2 minute bar charts. On AG's Seasonals does it 'predict' actual price or (like Pesavento) just direction and probable turning points?
i'm using AG 7.6 148 which is the eod version - Daily data only, but collecting data from mt4 via an indicator that converts all timeframes into dates without time, so can import/display intraday data. generally Seasonals is only used for Daily or was until the realtime version of AG was introduced; there is an example in the AG manual that seems to show Seasonal works. AG 7.6 148 has a copyright date of 2000 and i wonder if Pesavento reverse engineered AG to find the Seasonals algos/code since i know of no other charting program that has this prediction feature, tho 'seasonal' patterns is well known particularly in agricultural futures price prediction what you see on the chart is what you get, i've had to replace the original chart with the one attached, Seasonals has been Inverted since we know the price is declining also have an Ellipse on the chart which is another prediction indicator that can be very accurate - more could be drawn for additional targets; i'm surprised and dissapointed that no one's tried to duplicate it since it's so accurate, it's based on fibo price/time projections and the blue Ellipse is dynamic - it'll move as the price progresses and the Ellipse target is hit or the price passes it the MOB is a pivot point indicator and will also move a little tho isn't as versatile as the Ellipse which uses any points not just AG generated pivot points
Thanks for posting the charts, did you notice there are some interesting ratios on that Seasonals prediction line? I guess you could accept the logic behind seasonal analysis for agriculture, and seasonal demand for energy, but unless these cycles actually exist how could it 'work' on forex, yet it does. I had a link to an in-depth article about the composition of the Pesavento Map (aka ForesightAI/Ensign Map), I'll see if I can find it again (it's here...somewhere!) I came across this thread, it's a few years old now but it seems they had some interesting results.... Comments noted about Fibonacci Ellipse, I had trouble getting a handle on it myself, maybe worthy of another look?
i've taken the liberty of attaching this chart which illustrates the Ellipse and MOB on a much compressed 4H chart of the eurusd the fibo on the chart goes some way in demonstrating that the Ellipse is based on fibo ratios, not sure about the MOB, although i haven't placed a fibo time indicator on the chart which would also correlate with the Ellipses not that i'm a coder but it surprises me no one has tried to code something similar for mt4, or Ensign for that matter a note: the lower MOB has a black top left hand corner which indicates that the MOB should be re-applied since the target area - black vertical lines will change as the price progresses