Logarithmic Spirals

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.
 
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.
Assuming "not working" means it gives a signal that results in a losing trade, you would have a loss. For example,
upload_2022-10-17_10-31-12.png

On the above chart, if you entered when the high of the bar after the bar with the triangle was exceeded, the trade would likely have lost money.

Sometimes the potential signal would not result in an entry. For example if you entered with a sell stop with this
upload_2022-10-17_10-44-46.png

or for a buy stop limit with this
upload_2022-10-17_10-45-17.png
 
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
 
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."
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LOL%% ; thats like the guy that shot many cans , then drew his circle target afterwards.
It works even better in hindsight.........................
 
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
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{C } I use those curves some of the time\ they resemble moving averages.
 
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