Disliked{quote} The wavy ash i use is the one posted here a long time ago and is available in the "paperclip", just look for AbsoluteStrenghtHisto . The settings are the same as any other ASH versions. Now for some examples of ASH situations. Diverging lines: {image} {image} {image} Flat or overextended: {image} {image} Converging lines: {image} Keep in mind that alot of other things are taken into account on each trade, but we can clearly see a pattern here. For those more interested in the wavy ash, just open a new chart with your template plus the wavy...Ignored
I would also point out another observation I've made.
1. The wavy lines diverge because price has moved.
2. The wavy lines converge because price has either reversed, OR because price has stalled for a time.
If price has stalled, it may continue in the same direction, or it may reverse after the stall. I play it safe and assume it is going to reverse, so as soon as I get convergence of the wavy lines, I exit the trade I'm in whether it is in profit or not.
Jibala, quite a few post back, made a brief, casual mention that the single most important thing she does is limit losses. It is easier to recover a small loss than a large one. Heed Jibala's sage advice.
Dial
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Joking aside, I hope this may help. -Jason 
