the geometry of the dependent variable.
There are several sectors that sum up to the collective whole of PA trading. Naturally, it is possible to approach this from a geometric point of view.
The systemic feedback loop runs this way:
Price to volume to price to profit taking segment.
You have shortened the path to price to price to profit segment.
to keep ignoring the three types of turns is possible. They show on logs and you can omit those columns
In the geomtery of price, the parallelogram says it all.
Since you want to deal with the progression as sensitively as possible, you can use a backup "confirmation" and the BM and RTL and rtl in the price geometry paradigm system you are constructing.
I recommend getting the sensitivity by making a copious list of how the geometry of a cycle unfolds.
By using columns on an Excel speadsheet, you can set the columns up to show relative importance of each event (organized by its column setting) as it propels the cycle forward. what is nifty about Excel is its cut and paste feature. I have had people fill in Excels as drills for building the mind and they promptly defeat themselves by cutting and pasting. fere to your old Excel that explained the geometry on three fractal levels. just add some extra columns for Do and Non Dom and so on.
In your case you want a dependent variable only system for some reason.
do this:
convert the turns to price terminology.
make a turn just be "dom to non dom change"; etc..
Then just segment the Excel list into four parts that sequence by the order in which the types of trends form assuming a market is going all the way to the drift stage. Put a feedback loop in drift.
When you get to the type Set A trend c turn just do the binary alternative decision making between a b turn and a c turn without an intervening (meaning prior) a turn (b turn is false; c turn is true)
When you get to the type Set B trend c turn just do the binary altnative decision making between an a turn and a c turn.
I just posted the details of this type trend (but I didn't know you wre not interested in knowing profit making turns were coming in advance by just looking at a simple look up table.)
When you get to the type Set C trend c turn just do the binary altnative decision making between a b turn and a c turn with one intervening a turn.
When you get to the type Set D trend c turn just do the binary altnative decision making between a b turn and a c turn with more than one intervening a turn.
All the above represents the top of the iceberg part of all PA trading raised to an effectiveness and efficiency of taking the full offer of the market.
By looking at the waterline of an iceberg, it can be seen that there are deeper and deeper levels (try an atmosphere increase level per level.) There are some popular combos of trend types and the OOE's of part of the submerged trend creation. I can look at each PA trader type and do a check off of their set of set ups in terms of the real system of the market's operation.
All you need is what you asked for. you just need to make a Excel sheet that defines the context of the type trend's turn development. Price alone can go no further.
using sets of setups in price action is just the whimsy of "Who I am" combined with the 'tells" of set ups. the phrase "choose to trade according to who you are" comes from the whimsy world.
I'm sorry you did not do the "zoom in" and simplicity of a simpler flow sheet for analysis. I personally like having a narrow and ever changing context that squirts out the significant stuff very boldly.
I am so lucky I got to build my mind to full differentiation by a process of deduction. In my world there was nothing but data and the Scientific Method.
Oh..... granularity on all variables.
OH .... independent variable* ....... STAY AWAY FROM PRICE FOR DECISION MAKING; IT IS LAGGING.
Oh money .... WOW ....... I can have as much as I want and it is available NOW!!!!!!!
ETC ... do the SA and get the problem solved (now called an ATS).
* in fifth grade I did the math for the year in a month and was told I was bad boy. So I found algebra on my own from an older boy scout. He told me that dependent variables were determined by independent variables. X and y stuff.
ET has vendors who are called sponsors. Sponsors want products sold. So ET does not hand out grades to students who do math incorrectly. ET became entertainment instead and has a quick turn over ratio.
There are a lot of lurkers who actually know price is the dependent variable.
Imagine MS's wife telling him the facts. She won't because of her needs. But will she sneak the facts to their baby? Or will MS get there first and make his mind a mess.
