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gitonwithit

07/23/11 12:21 PM

#80119 RE: simplegreen #80111

It is very interesting watching it go by and man at the ideas that it brings to mind! Since .707 is the square root of .5 and .707 is half of 1.414 it's more than just a coincidence.

I ran a backtest over three months of EU on a 15 min chart looking for that exact same setup and it didn't happen tho. Maybe I picked the wrong 3 months to try or it's a rare combination who knows. Edit: I found a booboo so I'm gonna run it again and see!

More than anything I want to understand the basic relationship to that third line back so I can duplicate it since the third line back there is pretty much stuck since it's got a fractal on either end of it. The other two lines can change so I want to know when they reverse based on the third line parameters.