wilders delta

[larryvon]

has anyone used welles wilder's delta system for trading direction?

[john1368]

yes, no good, for me anyway.

[nicks]

@john

 

thnx for the reply

[Sixer]

john1368,

 

i doubt that you have prepared any delta count by yourself.

The 5 min chart of the EURUSD shows the STD (Short Term Delta) count of the EURUSD of the last 6 trading days.

The STD cycle lasts 4 calendar days and has 12 turning points plus inversions:

 

http://img62.imageshack.us/img62/8591/deurusd523513.gif

 

Sixer

[john1368]

I have actually, it is one thing to put the cycles on a ready made chart historically, it is another to trade it real time and make a trade on Delta in real time.