Hello Friend, It was my theory which I discovered going after W.D Gann's theories for around 8 years. To be honest I have never seen this theory anywhere in any book or in internet. It doesnt use astrology, astronomy, Square of 9 or anything except number of trading bars between tops and bottoms. This could be the secret that W.D Gann may have discovered long ago.
Hello, last turning point was bit off in 15 min chart. But in hourly chart all of the tops and bottoms were within +-1 bar accuracy. But the problem was that the movements were not that big and they didnt last for a quite long ime. These days it is not moving much and trading range is not big.
So a mathematical explanation of the predicted vs actual turning point might be take the 6 bar prediction and divide by the 20% not part of the 80% accuracy resulting in a range of 30 bars.
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If you think that I am using astrology, then you can check my posts before feb 27 2021So a mathematical explanation of the predicted vs actual turning point might be take the 6 bar prediction and divide by the 20% not part of the 80% accuracy resulting in a range of 30 bars.
The 28 bars of the actual turning point is within the range, so the prediction was still accurate.
Another clue could be
View attachment 298560
Why would someone want an ephemeris for a trading platform when
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hello friend, the 6th bar should be the bar with that local bottom. That local bottom was held for very small time as it was a very strong down trend. In future predictions you can see how it works. However the turning points remain for a very small time in very strong trends without reactions. However If the turning point coincide with a 2h or 4h turning points, they tend to remain for a long time.
hello, I didnt predict this bottom, My Indicator which predicts 2H turning points had predicted the top which had come after that big reaction. But today I couldnt post any turning point
