Codifying SCT
- Thread starter Joe Doaks
- Start date
I am finding it increasingly difficult it this atmosphere of rancor to present my case for SCT rationally. But I'll try.
After nearly a decade of studlying SCT, I think I can fairly describe myself as a beginner expert. What I find lacking in the currently posted explications of SCT are concepts which once were revealed to the inner circle, but now inexplicably are lost. I shall attempt to correct this deficiency in the current generation's tutelage.
Let us return to first principles. In its simplest form, SCT analyzes the behavior of price and volume near possible turning points and determines if a candidate point warrants a reversal. This analysis addresses three factors.
First, velocitance (not to be confused with velocitage), the mathematical description of the price behavior prior to the point in question.
Second, peakage (not peakity as erroneously attributed in the literature), the nature of the peakiness of the point being considered.
Third, volumicity (not volumance, for obvious reasons), the behavior of volume near the possible peak.
So we have velocitance, peakage and volumicity, or VPV for short.
Now velocitance can be approximated as having three states: sluggly, measly and hurried.
Peakage on the other hand is more complex and can only be described by four states at minimum: flatty, roundlich, sharpnic, and hyperundic.
Volumicity is simpler, being characterized as either increasant or devolving.
So you see SCT is really quite simple. With three characteristics totalling 9 mensurable states, there are only 24 possible combinations in the VPV relation. Beginners are encouraged to trade only hurried hyperundic increasant patterns. Under no circumstances are they permitted to trade in slugly flatty devolving conditions.
With these simple clear concepts in mind, the student is encouraged to create code of no more than 600 statements matching the results I posted today.
After nearly a decade of studlying SCT, I think I can fairly describe myself as a beginner expert. What I find lacking in the currently posted explications of SCT are concepts which once were revealed to the inner circle, but now inexplicably are lost. I shall attempt to correct this deficiency in the current generation's tutelage.
Let us return to first principles. In its simplest form, SCT analyzes the behavior of price and volume near possible turning points and determines if a candidate point warrants a reversal. This analysis addresses three factors.
First, velocitance (not to be confused with velocitage), the mathematical description of the price behavior prior to the point in question.
Second, peakage (not peakity as erroneously attributed in the literature), the nature of the peakiness of the point being considered.
Third, volumicity (not volumance, for obvious reasons), the behavior of volume near the possible peak.
So we have velocitance, peakage and volumicity, or VPV for short.
Now velocitance can be approximated as having three states: sluggly, measly and hurried.
Peakage on the other hand is more complex and can only be described by four states at minimum: flatty, roundlich, sharpnic, and hyperundic.
Volumicity is simpler, being characterized as either increasant or devolving.
So you see SCT is really quite simple. With three characteristics totalling 9 mensurable states, there are only 24 possible combinations in the VPV relation. Beginners are encouraged to trade only hurried hyperundic increasant patterns. Under no circumstances are they permitted to trade in slugly flatty devolving conditions.
With these simple clear concepts in mind, the student is encouraged to create code of no more than 600 statements matching the results I posted today.
It is impossible to single out any current style, format or subject matter as definitive.
http://en.wikipedia.org/wiki/Haiku_in_English
http://en.wikipedia.org/wiki/Haiku_in_English
Quote from charts:
... How to Write a Haiku Poem ... this is where most SCT students fail: don't follow the rules ...
Joe's thread has turned into a bunch of douche's writing Haiku's.
ET..gotta hand it to you..pure comedy GOLD
ET..gotta hand it to you..pure comedy GOLD