The
update for All versions is available:
1) There are Some changes in Fourier string charting tool. I believe this
approach is more suitable for charting than the one used in the previous
version.
This approach can be considered as a visual cyclical analysis. It works this
way:
I watch the price chart, trying to find some regular patterns there. Something
like this:
It looks like some regular wave, it covers two full waves. Now we will try to
model this wave using harmonic waves. Do this:
In "Waves" section choose "Fourier sting (2 waves)"
charting tool and drag the mouse cursor to cover these two waves:
This is not a trading advice (better look first at Annual cycle).
This is another example: 3 full waves in the beginning of 2014, with
"Fourier sting (3 waves)" charting tool I've prolonged this wave into
the future:
2) "TS Zigzag indicator" is not working as good as I expected. I mean
it does not forecast better than usual RSI. I was so excited with its lack of
future leaks... I've spend the whole week with this stupid indicator, tried
everything:
- calculate zigzag based on astro similarities (like
New Moon zigzag, Full Noon zigzags ...). Combine this indicator with standard
RSI. I do not like my results.
That is a story of my life - checking 10 models before finding just one...
Soon I plan to develop new zigzag module that will cover existing Turning
Points Analyzer module (Jim Ranum, I remember your
notes in Wish list re zigzag, they will be incorporated there). It will be the
next iteration to zigzag problem.
Best regards.
Sergey.