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Not sure about EWT (Elliot Wave Theory?) If so, can they be used to predict the turning points or forecast? All I know about it is there are 5 waves, A-B is upward trend, B-C is a downward trend but shouldn't cross below A, C-D is again upward trend and D-E is downward trend.
Please post your picture/commentary on the Nifty using your theory and Astro/Cycles coincide with yours, then its all the more good for us, isn't?
Not sure about EWT (Elliot Wave Theory?) If so, can they be used to predict the turning points or forecast? All I know about it is there are 5 waves, A-B is upward trend, B-C is a downward trend but shouldn't cross below A, C-D is again upward trend and D-E is downward trend.
Please post your picture/commentary on the Nifty using your theory and Astro/Cycles coincide with yours, then its all the more good for us, isn't?
kesk,
From Q-Spectrum.... to .... Astro/Cycles.... to .... EWT....
Delta Theory.... and many more .... are missing
Jokes apart.... bro....
First decide what you want .... Dont try to mix all in one soup....
EWT best thing in the trading world as per my experience, and yes it can give turning points... will try n post some of my analysis of few scrips, in a new thread..
i think q-spectrum can be mixed up with Elliot wave analysis . its too a forecasting tool that doesn't have time in it
if both coincides then it will become a confluence trade
EWT best thing in the trading world as per my experience, and yes it can give turning points... will try n post some of my analysis of few scrips, in a new thread..
its a tedious work to plot waves for every chart . so its better to try some auto tool and then u can manually check the wave count and change count if needed
Auto wave tools are not good enough (those I tried till, e.g. motive wave, MTP, adv get, Alpha Omega) , they break ew rules
yes i agree . we should adjust the waves where it broke the rules and it would be easy rather then plotting by us manually . only human eye can catch wave cycles
I believe the forecast was a failure with QSpectrum as on today. Is there anyone who concur with me. Are there any improvements/modifications which I can incorporate?
I believe the forecast was a failure with QSpectrum as on today. Is there anyone who concur with me. Are there any improvements/modifications which I can incorporate?
just following you brother . can we try forecast for intraday movements rather than long term
I don't have intraday data, only EOD. I use GCI for Nifty chart intraday but their Time offset is different. We can add 9.30hrs to the start time and use the data but for the 1hr bar, is the time used Open or Close..not sure.
Or if someone have 2 or more years data, then I can try.
The difference is that the Wavelet cycle hunter is also added. Relying on a single element may be too risky. When more than 1 forecast tools are in agreement, then it may be helpful. That's the theory anyway.
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