bioscript...yes the Quad Tunnel is quite amazing and am glad it might help a bit in your EW work...also I wanted to tell you that I have done a rethinking on the dual Quad Tunnel I said I was working on and with...I had said that it was a new toy and parameters were just doubled..IOW EMA(121) becomes EMA(242 etc...but I got to thinking that is only a math excersize and since the EMA(400) is so good(and thats why this project started)...what I should do is what I did in developing the original Quad Tunnel!
The Quad Tunnel is a set of 4 EMAs each of which is the square of 4 numbers...11,12,13 and 14...that gives us 121,144,169 and 196 applied as EMAs...so..since EMA(400) has a square root of 20 then I feel it more logical that the second Tunnel be the square of 17,18,19 and 20...that means the parameters for the second Quad Tunnel are 289,324,361 and 400.
I plugged this second tunnel into my TOS chart and voila!!...it will knock your socks off...take a look at a 1 min AUD/USD chart..It now performs exactly as I thought it should...a break below shorter term tunnel found support and reversed at EMA(361) or at most EMA(400) in the longer term tunnel..GORGEOUS!
Havent checked other time frames but good techs are good techs across ALL time frames...just thought I would stop further chart work and share this tidbit with you and the board.
Before I forget...if you try this second tunnel color code it the same except change color code for EMA(289) so you can easily tell the short term from the longer term tunnels.
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