the dotted lines are the cycles - kind of like an EW like
indicator. the solid lines are the weighted ATR average true range
indicator. The image shows a description of the cycle indicator.
The ATR is easy to understand just by thinking about it it's the
average true range of the last 14 days with extra weighting on the
most recent day - so it's something that adjusts automatically with
the market volatility
Posted by greggone on 15th of Jul 2022 at 12:48 am
thanks Matt.. the cycles charts have always been a bit confusing
for me.. is there anywhere to read up more on this stuff? Or
perhaps you did an explanation video somewhere that I didn't catch?
If not.. perhaps one day?
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the dotted lines are the
SPX - Matt, I'm wondering how your SPX 120 min ...
Posted by matt on 14th of Jul 2022 at 08:03 pm
the dotted lines are the cycles - kind of like an EW like indicator. the solid lines are the weighted ATR average true range indicator. The image shows a description of the cycle indicator. The ATR is easy to understand just by thinking about it it's the average true range of the last 14 days with extra weighting on the most recent day - so it's something that adjusts automatically with the market volatility
thanks Matt.. the cycles charts
Posted by greggone on 15th of Jul 2022 at 12:48 am
thanks Matt.. the cycles charts have always been a bit confusing for me.. is there anywhere to read up more on this stuff? Or perhaps you did an explanation video somewhere that I didn't catch? If not.. perhaps one day?