TEST NEW D LEVEL

This routine is probably more useful on larger time frame charts when you want to investigate a level that you think the market may go to in the future.

You can use the routine to replicate what the XABCD tables will reflect at the level you have in mind.

 

Any levels you test outside of normal range parameters are basically of no value to you and could lead you to a forecast that never eventuates.

The way to use this routine effectively is to wait until the market is close to a significant target level such as a 1:1 DD, a 38.2, 50 or 61.8 of higher swing degree and then input the level via the TEST NEW “D” and see if there is other significant geometry emerging at that level. It can help immensely in your preparation for logical MOB’s before the trading day begins.