Marker Mechanized Wave (TD Wave)

Source: Internet
Author: User
Tags stock prices

Marker mechanized wave, also known as TD Wave, was developed on the basis of Elliot Bora. Considering the eight wave theory in the big waves have small waves, different people on the Wave type division is not the same, is the so-called "Flood lake, waves hit the waves, do not know which wave is the wave." In particular, it is described in the original book that "It is not a good way to determine the moment when a potential turning point arises, because the trend transition becomes apparent only after hindsight".

It is summarized as follows: 1 There are obvious subjective factors in Elliott Wave, and the eight waves described by different people vary

2) Elliot Bora only after the obvious changes in morphology can be determined, only after the analysis of stock market development, can not be used in the current guidance trend determination.

Therefore, marker proposed TD D-wave, combined with the Fibonacci sequence to constrain the beginning and end of each wave development process.

Among them, marker that the determination of peaks and troughs is determined by high or low prices, Jason Perl believes that the closing price should be used to determine, excluding intraday fluctuations, more stable.

1) Wave 1 before the appearance, at least 21 days of the lowest price, and then appeared the highest price of 13 days, the beginning of the Wave 1, when the record to appear within 8th the lowest price, the end of the proof Wave 1, the rest of the wave is similar to the end of the beginning

2) According to the Hong Calendar topic-The description of the left side of the transaction, the end of the wave 5 must prove that a 21st low price, proving that the wave 5 is over, when wave a begins only need to appear a 13th lowest price, that is, only wave 5 end, to prove that wave a start; wave a can not prove that wave 5 ends. The lecturer believes that in the wave 5 due to the dealer agency shipments, may lead to the late wave 5 stock prices fluctuate sharply.

Upstream TD Wave also has the following rules:

1) The Wave 3 high is higher than the Wave 1, and the Wave 5 high is higher than the Wave 1 peak. PS: It is strange that the book does not indicate that the wave 4 low point is higher than the Wave 1 high this requirement

2) If the amplitude of the wave 1 is small, that is, the 8th minimum price is not found, and then the stock price bounces above the wave 1, it is considered that the Wave 1 is not finished and continues to develop to a higher point

3) If the amplitude of the wave 3 is small, that is, the 13th lowest price is not found, and then the price rebounded to the Wave 3 high, think that the Wave 3 is not over and continue to the higher point development

4) If the Wave 5 decline is small, the 21st lowest price was not found (13th?? ), and then the share price bounces above the wave 5, the Wave 5 is not over and continues to grow

5) If the Wave 2 is below the Wave 1 low, then the Wave 1 is canceled and the count is restarted. If the low of the wave 4 is below the low of the Wave 2, the Wave 3/4 is canceled, and the Wave 2 is not closed.

6) If the wave C low is lower than the wave a low, and then the price rises above the wave 5, it is considered that a new TD wave appears, judging whether it is Wave 1.

The following rules exist for the downstream TD wave:

1) The low point of the wave 3 is lower than that of the Wave 1, and the low point of the wave 5 is lower than the low of the Wave 3.

2) If the amplitude of the wave 1 is small, the Wave 2 is not started, the Wave 1 is not finished

3) If the amplitude of the wave 3 is small, the Wave 4 is not started, the Wave 3 is not finished

4) If the amplitude of the wave 5 is small, the wave A does not start, the Wave 5 is not finished

5) If the Wave 2 is higher than the Wave 1 high, cancel the Wave 1, start counting again, if the peak of the Wave 4 is higher than the peak of the Wave 2, cancel the wave 3/4, remember the Wave 2.

6) If Wave C is above the wave a high, consider this TD wave to end. If afterwards the stock price is below the Wave 5, it is considered a new TD wave to start, judging whether it is wave 1

7) Only if the high point of Wave C is higher than the high of wave A, the Wave 5 is fixed, if the lower of the wave B is lower than the low of Wave 5, cancel the wave A, B, think it is the continuation of the Wave 5. (There is also the same rule in the upward TD wave behavior, only the description in the book is incomprehensible)

TD Wave Prediction

1) Wave 2 back-wave 1 of 61.8% or 38.2%, the callback with the Wave 4 of the symmetry effect

2) Wave 3 High point prediction, take the Wave 1 rise, multiply by 1.618, plus the Wave 1 low, that is, the Wave 3 target rise height

3) Wave 5 High point prediction, take the wave 3 rise, multiply by 1.618, plus the Wave 3 low, that is, the wave 5 rise height

4) wave C low point prediction, calculate wave c descent height, multiply by 1.618, subtract from wave a high, that is, its descent target

The downstream TD wave prediction method is similar.

Marker Mechanized Wave (TD Wave)

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