Intuition Amplifiers 2

[RCG Trader]

Quote from MAESTRO:

That is a very good suggestion. If I may point out just one thing though. Impulse equals Inertia divided by time. That is exactly what I focus on. Impulse is an event in energy distribution and inertia is one of the characteristics of energy. Potential, kinetic and other types of energy all are part of the notion of inertia and studying the time distribution of energies is indeed the most fruitful subject!

Okay here is a simple question. TA does not really work. Okay. But do price patterns in charts become sort of a self fulfilling prophecy?

 

[cornix]

Quote from MAESTRO:

Well, please allow us, scientific people, to continue our journey then. We enjoy it. It was not my intention at all to change anybody's beliefs or ways of perceiving the reality. I simply offered my points of view and do not expect anything in return. I also do not really care whether somebody accepts them or not. It is important to me to share my findings and that is all it matters.

At least we learn and honestly admit when we don't know something.

 

[ammo]

Quote from RCG Trader:

Okay here is a simple question. TA does not really work. Okay. But do price patterns in charts become sort of a self fulfilling prophecy?

if you have the supp/res drawn out in sevral correlating markets,rather than just a bunch of bars,bars with trendlines,add in a few other markers like market profile,fibs,chart patterns, and you look at several correlating markets and go back to maestros inertia comment, you can watch the action as it nears those points and see if it loses steam or stays strong,in that sense TA is very telling

 

[Xspurt]

Quote from MAESTRO:

Yes, I have done lots of research in this area. My best results came when the time was converted from the static scale (linear, logarithmic, parabolic etc.) to the even driven time. It actually changed the perception of the market events significantly. As in relativity theory rather than looking at separate events that occurred in time we should look at the event-time space and create the trajectory in this domain. The most promising results were obtained by using energy formulas such as mv^2/2. Where “m” is the aggregate volume and velocity (“v”) is the price difference in the unit of time. There are many other event configurations. Some of them involve bid/ask/size/time space and some use frequencies of the events as their scale factor.

So did you apply the splines to price as well as indicator values? The trend lines bend and are very powerful when the two are matched, especially when there is a past history of price connecting with the spline.

 

[cornix]

Quote from ammo:

if you have the supp/res drawn out in sevral correlating markets,rather than just a bunch of bars,bars with trendlines and you loo at several correlating markets and go back to maestros inertia comment, you can watch the action as it nears those points and see if it loses steam or stays strong,in that sense TA is very telling

Yes, highs/lows especially on larger scale are so obviously noticed by the market it can't be more objective.

 

[TheMagican]

Quote from MAESTRO:

That is a very good suggestion. If I may point out just one thing though. Impulse equals Inertia divided by time. That is exactly what I focus on. Impulse is an event in energy distribution and inertia is one of the characteristics of energy. Potential, kinetic and other types of energy all are part of the notion of inertia and studying the time distribution of energies is indeed the most fruitful subject!

So then,i hope you have this simple formula in your quiver?



Pt - Pt-n

Now we need to add this another little creatuuuuuuure....

I=M(r^2+h^2)

aaaaaand...

Voila!

 

[TheMagican]

Quote from marketsurfer:

are you one of those chaos magick types?

Not sure what you mean by that,surf.

 

[ammo]

always one of ET's high points when maestro gives us a peek into his take on things..thanks maestro

 

[MAESTRO]

Quote from RCG Trader:

Okay here is a simple question. TA does not really work. Okay. But do price patterns in charts become sort of a self fulfilling prophecy?

Yes they do. That is why when I was asked whetehre TA works or not I said "YES". Except the fact that TA's efficiency has nothing to do with TA itself.

 

[cornix]

Quote from MAESTRO:

Yes they do. That is why when I was asked whetehre TA works or not I said "YES". Except the fact that TA's efficiency has nothing to do with TA itself.

What about efficiency of TA as a tool to measure likely crowd behavior based not just on self-fulfilling prophecies, but also other factors, which actually form TA patterns, like observing how sellers tried some level a couple of times and gave up, which may increase odds for a bounce (just hypothetical example)?