I don't want to short change the DPO tool. I have not examined its potential fully. We should be able to take the points shown as detrended and calculate the amplitude of a cycle. If I have cycles nesting (topping/bottoming together) and add up the detrended points I should be able to estimate the top or bottom point. Now I have not back tested this and it is a theory only.
Let me show you what I mean:
From this you see we are at or near an estimated top (may have already seen the top). Also, the estimated top (subject to change) in late May should be a lower top by 10-15 points. If you have the time and desire to play with this maybe we can maximize the use and benefit of this tool. I would welcome the help and feedback.
GL traders
Tidak ada komentar:
Posting Komentar