309
by RZAMK
[quote=ImpLaNT post_id=1295412316 time=1591861813 user_id=4934893]
Dear ImpLaNT,
You asked to let you know the result of working with your system. While thanking you, I have to tell you that among the many and sometimes contradictory indicators of system, I was fascinated by two of them that I think have the ability to predict direction of marcket.
Semaphore and wave counter. I'm still working with them.
In the post above, you have the following sentence: "A strong downward movement, consisting of two full wave counts from 0 to 5. "
Please take a look at the AUDUSD at 30 minutes between 21.04.2020 and 10.06.2020. Six consecutive ascending counts are stamped.
Now i am looking for the answer to this question:
In an upward count, does a higher number wave always play a role in a higher price than a lower number wave? Always?
With lack of a source file for this indicator, do you know the basis for counting it?