Quote from Fleming Snopes:
One of my difficulties practicing the Seamless Continuous Trading method of Mr. Jack Hershey has always been my inability to properly analyze Volume Gaussians under conditions which to my watery and cataracty old eyes seemed to be ambiguous. In a dream this morning (I code in my sleep while others dream of the Daily Hottie) I came up with the solution. I trust that its interpretation is obvious. I believe that this ESignal study is so felicitous that charting volume itself is superflous, if not downright confusing. Comments on improvement of the presentation are most welcome, as this is a first rough hack at the code and charting format. Warmest regards to all in the SCT community.
You need to face two issues (these aren'T really problems (unsolvable things) but just concerns that scientist's deal with).
1. It is a good idea for a trader to consider the fractals on each side of the trading fractal. You have a chart that looks like it is relating to one fractal.
2. you have an issue that is common to many potential traders or portential coders: you are jumping fractals.
To deal with these items, go to the site recommended elswhere. Also review charts of people who annotate volume in several fractals concurrently.
For the pattern, there are four volume moves for three price moves. This means one price move has two vilume moves and the others are in a one to one correspondence. You begin the day picking off each volume move (good for you) with respect to advanced beginner trading levels. after four of these the correspondence of color becomes the opposite since at this time and in a different pattern (the same pattern but with the letters (B and R) interchanged) things are the opposite for dominance of the thing you are doing Gaussians for.
Notice after this, you jump fractals. As I put myself in your mind set, I see you disregard market pace. If you didn't you would not jump fractals.
Let us turn for a moment to the Gee Whiz expereince of BWolinsky when he first posted the most amazing annual performance of a method he lifted not only what he thought was the code but the NAME as well. This guy missed entirely the "other" factor of taking signals: as you pointed out recently elswhere: "it is a good idea to pass on signals that are not appropriate." This is the "other" side of the trading coin. You can google WWT to see this facet of expertise.
Think of the lighthouse keeper. It was a foggy night and he was as vigilant as ever in taking care of business. He as you, does his business while sleeping as well. So I know you can understand why, when the fog horn failed to go off, he leaped out of bed and said (or as his wife would have said before she divorced him, 'exclaimed') WWT?????? He was acriphile (sp) to the end.
So, at long last, begin to do what is required to do SCT.
If there is a pattern and if there is a relationship of the variables and if fractals nest, then why is it so hard to get it?
Once you "begin" to put the pieces together, by not being choosy but by being attentive, there are no anomalies nor no noise as the lighthousekeeper found out.
Think about it, I'm 77 and I can go put myself in your place and I can point out the specific path you must follow to get to move forward. AND I lace my comments with humorous picutres to get you to shake loose a little on your persistant trying to escape from the pattern.
you see that I use a template to simply revv across your illustration and I pick off all the causes and effects of your limited view. I am not making any negative comments: I am just fairly and objectively stating the MADA of your status. I look, I analyze. I decide to post my analysis which is right on. I act to support your process of becoming differentiated with respect to how the market operates.
It is like driving a car once your mind is differentiated. Please consider how I can nail TZ's diotic pics with one sentence and an attechment that gives the next 20 trades in the order of their appearance the next day.
What will it be like to know that you know volume leads price when it is important. A lot of the time trends continue and as they say "all is well".
BUT, hypothetically speaking (and using the correct parametric measure), when all is changing, then you have to know that you know. You know that you know, because of WMCN if something has completed the continue part of the cycle. The something is "everything".
Fix your foghorn. If there is no fog anymore; don't fix the foghorn; sell it to the Swiss coughdrop makers.