Disliked{quote} Interesting stuff! In the above Jenkins example I understand the method from the low using 1/2, 1/4 angles etc but where do the vertical lines come from.... are they fib numbers or divisions of the price converted to time? Obviously these are just as important, as you see when they intersect the other angles the turning points are really precise. Regards GuitarmanIgnored
I divide the hi-lo impulse into 8 horizontal lines of equal value. see Swede's previous post.
it is not fibo number.
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