Neo Wave theory. Part 1. Rules of creating charts - LiteFinance
https://www.litefinance.org/blog/for-professionals/neo-wave-theory-part-1-rules-of-creating-charts/
What Are Waves, Monowaves and Complex Waves?Rules of Chart ConstructionIdentification of Zero (Starting) Point and ScalingRule of ProportionComplex MonowavesRule of NeutralityThe Rule of Relative Position of Waves The efficiency of the NeoWawe analysis much depends on the right choice of the starting point for your observations. At the first stage, we pick up the market and plot a chart of monthly highs and lows in the way I described above. Highs and lows are connected by blue lines on the chart. Now, we should define the monowave that is the closest to the...
The efficiency of the NeoWawe analysis much depends on the right choice of the starting point for your observations. At the first stage, we pick up the market and plot a chart of monthly highs and lows in the way I described above. Highs and lows are connected by blue lines on the chart. Now, we should define the monowave that is the closest to the...
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