wavetrader software e-signal

Time & Price

Time / Price Buttons for the AB/CD checker readouts

To understand the methodologies behind TIME analysis the way I apply it you will need my Dynamic Time & Price Analysis manual [C] 2002. use time analysis over longer term periods rather than the short term. For the shorter term I can rely on price, pattern and trend to make a trading decision. The long term does not lie but the short term has too so many signals and TIME is more likely to be a better tool over longer time frames.

Nevertheless if you really want to fine tune your knowledge and understanding of Elliott Wave the TIME relationships are very important and when you understand their implications in the big picture your understanding of the markets will increase two fold.

It's a long study to really understand and you probably don't need to know it if you are going to trade intra-day but I always felt it helped me understand why trends reversed when they did and the TIME was always the dominant reason.

INTRADAY this routine it acts as a calculator:

Use this routine in real time to check wave relationships:

To move the A B C D marker positions left click on the lower keypad for options. It won't take long for you to become familiar with it if you are a thinker.

WEEKLY CHARTS:

In the normal course of events weekly swing pivots will be dated for the end of the week but you can get the WaveTrader to extract the exact date of a high or low. To do this make sure before you load a weekly chart you load the daily chart first. Then you CRAM as much daily data to the screen as possible back as far as the time cycles you are likely to want to analyse. This will ensure that the daily data in the computer memory can be interrogated by the time cycle routines when the weekly chart is in use.

TIME BY DEGREES:

Time by degrees is a function of the Earth's position in its orbit around the Sun of 360 degrees. The Earth's orbit accellerates and decellerates in terms of degrees travelled versus calendar days and is not a contant formula. For instance at certain periods of the orbit 180 degrees could equal 179 days and at another it could equal 183 days. WaveTrader 2004 has a planetary calculator to measure the differences accurately to the second decimal point.

DYNAMIC VIBRATION:

Vibration is a 3rd dimension geometric calculation of the average points moved per day or degree over the period of the swing. Dynamic geometry between the Vibration of two swings is just as important as is the Price or the Time when it comes to analysing important relationships in Elliott Wave theory.

wavetrader software e-signal Time & Price

wavetrader software e-signal

Time & Price