Purely experimental analysis, playing around with the Andrews action reaction 0-3 rule
In any pivot count pivots 0 - 3 can be connected, this creates a centerline, from this create a parallel
line and seek where it can touch a high and a low, then from the centerline project a reactionline in the
future with both lines equidistant away from the centerline. Reactionlines can become new centerlines.
I decided not to label the lines as the chart would be flooded with too much information.
Any action reacton traders with some experience are welcome to comment or correct mistakes!
Cheers
In any pivot count pivots 0 - 3 can be connected, this creates a centerline, from this create a parallel
line and seek where it can touch a high and a low, then from the centerline project a reactionline in the
future with both lines equidistant away from the centerline. Reactionlines can become new centerlines.
I decided not to label the lines as the chart would be flooded with too much information.
Any action reacton traders with some experience are welcome to comment or correct mistakes!
Cheers