CENX...
CENX...
I went back to watch the video, he actually says it's based on a Gann indicator that works for some reason. But since he doesn't provide the info anymore maybe it doesn't work anymore.If I remember correctly from Fisher's ACD seminar videos, he said the change in trend model for stocks was based off seasonal tendencies. Last time I checked his website, he is no longer providing that info.
I built an excel model a few years ago that pulled historical price data and conducted similar analysis. There was some value in it; usually you'd find stocks that perform really well during a certain couple weeks of the year, and then you'd dig deeper and learn that Q3 earnings results were consistently good every year for the 5 years prior.
There are Excel models freely available online that will pull the historical price data automatically for you; with some tinkering you can setup a similar seasonal model fairly easily.
I have a very different NL but my parameters are different.EUR/USD was horrible to trade on intraday timeframe this month (unlike December). Here's numberline values for January (based on 20 min OR, 10 pip A value and RTH defined as 7am to 7pm GMT and a slight discretionary judgement):
View attachment 170195
On the other hand, it made a good monthly A up and went on upwards with large counter-trend retracements and is near the month's high currently.
I guess this is what you get for following only one market.
I have a very different NL but my parameters are different.
I use 8am GMT OR, 20 mins, 24 hours.
That gives me for EURUSD:
-2
2
4
-2
3
-3
4
-4
3
2
2
-3
4
4
0
-1