Assuming "not working" means it gives a signal that results in a losing trade, you would have a loss. For example,I would question based on those charts posted, what does it look like when the spiral is not working?
I imagine if you add a random number into the equation it will also look like it is working because working is based on a visual test and not working is left completely open ended.
At bottom of Figure# 176 - end & beginning 9th octave made me think of this once again:-Some theory about spirals by Walter Russell;
https://www.flickr.com/photos/esaruoho/albums/72157604234096846
At bottom of Figure# 176 - end & beginning 9th octave made me think of this once again:-
%%When I was a child there was a mathematician in my home town that lost his marbles, he used to draw spirals all over the city connecting things with it. He sprayed the city for months with all sort of spirals and comments underneath them.
So every time I see these spirals I think, "ok... another one. First sign of madness."
I use the concepts contained in the mathematics of the Spirals for years in my trading of the Futures contracts. Thanks to @ph1l for posting this thread and I am surprised that it has not received more posts as it is an important and valuable tool.
https://en.wikipedia.org/wiki/Golden_spiral
%%Years ago measured in decades, French Curves were used as a fringe-form of TA.
From time to time, I've done cursory searches, but can not find direct usage info or details for capital markets.
"A French curve is a template usually made from metal, wood or plastic composed of many different segments of the Euler spiral (aka the clothoid curve). It is used in manual drafting and in fashion design to draw smooth curves of varying radii. The curve is placed on the drawing material, and a pencil, knife or other implement is traced around its curves to produce the desired result. They were invented by the German mathematician Ludwig Burmester and are also known as Burmester (curve) set."
https://en.wikipedia.org/wiki/French_curve