Not exactly an indicator but,...

TheBramble · Jun 5, 2006

Does anyone else get a feel that for any given timeframe, there is a specific contraction of time along the x-axis which 'seems' more appropriate or more comfortable (sue me) for a non-logarithmic price scale on the Y-axis?

(That alone will probably ensure zero replies)...but to ensure complete silence...

Further...

In that 'comfortable' fit of X and Y - axes, does anyone notice how trends are dead easy to pot (i.e nail the end or at least the end of the real momentum phase) by using the 60 degree line connecting 'clearly visible and uninterrupted line-of-sight' lows on an up trend or highs on a down trend?

laptop1 · Jun 5, 2006

TheBramble said:
Does anyone else get a feel that for any given timeframe, there is a specific contraction of time along the x-axis which 'seems' more appropriate or more comfortable (sue me) for a non-logarithmic price scale on the Y-axis?

(That alone will probably ensure zero replies)...but to ensure complete silence...

Further...

In that 'comfortable' fit of X and Y - axes, does anyone notice how trends are dead easy to pot (i.e nail the end or at least the end of the real momentum phase) by using the 60 degree line connecting 'clearly visible and uninterrupted line-of-sight' lows on an up trend or highs on a down trend?

You been reading to many W.D.Gann books

TWI · Jun 5, 2006

Have you been to specsavers?

rols · Jun 5, 2006

A new Bramblometer is born...

We salute your benevolence in revealing this hitherto unknown treasure.....

PS Does it make a nice cup of tea?

trendie · Jun 5, 2006

TheBramble said:
Does anyone else get a feel that for any given timeframe, there is a specific contraction of time along the x-axis which 'seems' more appropriate or more comfortable (sue me) for a non-logarithmic price scale on the Y-axis?

(That alone will probably ensure zero replies)...but to ensure complete silence...

Further...

In that 'comfortable' fit of X and Y - axes, does anyone notice how trends are dead easy to pot (i.e nail the end or at least the end of the real momentum phase) by using the 60 degree line connecting 'clearly visible and uninterrupted line-of-sight' lows on an up trend or highs on a down trend?

can you illustrate with a "before" and "after" chart ?

TheBramble · Jun 5, 2006

laptop1 said:
You been reading to many W.D.Gann books

I almost included a "No Gannites here!" warning. I actually typed it and deleted it. But yeah, I know what you mean.

Well! Who knows. I can't help this stuff. I'm channelling a 600 year-old Tibetan Monk for Chrissakes....!!!!

TheBramble · Jun 5, 2006

twalker said:
Have you been to specsavers?

tried to find them....

TheBramble · Jun 5, 2006

rols said:
A new Bramblometer is born...

We salute your benevolence in revealing this hitherto unknown treasure.....

PS Does it make a nice cup of tea?

You're the 3rd p!sstaker. And so it was written. "He shall encounter thricely the takers of the unbelievingness....".

Christ! Even BAT got a better reception than this....and I'm not selling....

...yet

TheBramble · Jun 5, 2006

trendie said:
can you illustrate with a "before" and "after" chart ?

NO!!!

That was the whole point!

Is there a combination of X-axis and Y-axis scale that gives YOU more comfort that your trendlines 'mean' something?

Try it yourself.

Do you get it?

What does it mean?

TheBramble · Jun 5, 2006

trendie said:
can you illustrate with a "before" and "after" chart ?

OK. This isn't a stock I trade. But it gives you a clue.

It's on a 5 min candle of GOOG.

It certainly doesn't pick ther top of the move, but it gets you out as momentum dies away.

I.E. you get to use your trading capital elsewhere on an equally HOT stock while GOOG quietens down.

TheBramble · Jun 5, 2006

Sorry, forgot to mention. Works on down trends too (using highs).

Same chart - a little later.

Again, does't get you out at the bottom, but does get you at at the end of the prime momentum phase (i.e. most bang for your buck).

Ready to use your cash for those hot Hot HOT stocks.

majeasy · Jun 6, 2006

5 minute GOOG

a 30 period hull moving average is colored here in red and blue
i use it for trend identification

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majeasy · Jun 6, 2006

Bramble,
the tick bar chart smooths things out a bit.

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majeasy · Jun 6, 2006

friday's GOOG chart would have been easier to trade

[/URL][/IMG]

Trdr · Jun 6, 2006

No idea what this means:
" Does anyone else get a feel that for any given timeframe, there is a specific contraction of time along the x-axis which 'seems' more appropriate or more comfortable (sue me) for a non-logarithmic price scale on the Y-axis? "

courtesy of Advanced GET, pretend attached is a ''Trdr' Box'

TheBramble · Jun 6, 2006

Trdr said:
No idea what this means:
" Does anyone else get a feel that for any given timeframe, there is a specific contraction of time along the x-axis which 'seems' more appropriate or more comfortable (sue me) for a non-logarithmic price scale on the Y-axis? "

I was struggling with explaining myself clearly as you have obviously realised.

In the context of the 60 degree trendline, I was attempting to say there was a specific contraction of the X-axis (i.e. a specific number of bars per horizontal length [e.g. 10 bars/cm or whatever]) on the chart which lend themselves more easily than any other to using this construction. Not made it much clearer I suspect...

Trdr said:
courtesy of Advanced GET, pretend attached is a ''Trdr' Box'

Looks like a chart on a bad trip.

Not exactly an indicator but,...

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