Test New D
Explore the GEOMETRY possible at future levels.
This routine will help you check any possible combinations when the market is making a move towards a 38.2, 50, 61.8 or possible double top or bottom possibility.
Look ahead and examine the potential geometric obstacles that will influence other technical traders using Elliott Wave analysis.
USING THE ROUTINE:
1. Select Test New D?
2. Arrows will appear around the existing price of D in the table display.
3. Left click on the arrows for up or down and the price will move 1 TICK.
4. Right click on the arrows and the price will move to a value the WaveTrader determines will match the next important geometric level.
5. The small boxes that appear next to the BcD, Alt and XaD or XcD targets allow you to increment those ratios to a next target possibility and it will readjust all the tables to that new price.
5. Geometric relationships will be displayed in the XABCD tables for the “What if D=” value.
6. If you have the swings set so that the current swing has not turned in the new direction you want to investigate use the MOVE XABCD and ALL >> first to start it off and then select the “Test New D”.
The latest Test New D=? has the advantage to manipulate some of the table ratios such as BcD, Alt, XcD or XaD to configurations that would normally be important.