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Hey Ed!

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Joined: 6/4/2007
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Subject : RE: OT21 Cross Hairs
Posted : 11/29/2020 1:45 PM
Post #31317 - In reply to #31303

After close OT21 and start OT21, the cross hairs (CH) are working fine today. This on one symbol, 4 timeframes (TF) and historical data of Oct 6 20. Per my tools chart options selections, they are yielding synchronized displays and data blocks across each TF. I did not dare to use the AltC feature.

As an aside, with the Synced CH on TF's in place, I did a workout of the Vertical Line Drawing (VL) feature. The VL works fine for "show across all time frames." If CH on multi TF is a recurring problem than the VL drawing can serve as a viable substitute for AltC.

Also, the exact ratio in the GTAOcross system is 3:20.4 (instead of 5:34) for a working shorter term system indicator.

BTW, the awesome oscillator is similar to Tom Joseph's (Advanced Get) which Joseph used to highlight the subjective Elliott Wave Principle. Williams then used his Awesome Oscillator wave feature to track an Elliott Impulse 12345 wave. Here, if price movement is impulsive in wave 1 with a wave 3 (biggest histogram) following then a reliable impulse wave 5 would likely follow. Forgetting about Elliott Wave corrections, I've read where some traders base their trading approach on identifying a Wave 1 and Wave 3 in a likely Elliott Impulse pattern and only trading the Wave 5 impulse portion. It's described in Bill William's books.

As an example, When Justine William's approaches a chart, her first question is "Where are we in the Elliott?, Impulse or Correction? (from using the awesome oscillator). She then chooses her trading approach.






[Edited by Hey Ed! on 11/29/2020 2:02 PM]

Deleting message 31317 : RE: OT21 Cross Hairs


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