Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
decipher11
on 24/02/2020, 14:54:07 UTC
REVERSAL

You don't need supercomputer to replicate Martin Armstrong Reversal system :

This is how REVERSAL are calculated - this can be done with pinescript in 15 min


"There are 4 prices in a set of reversals.

These are determined from the timings 3, 5, 13, 26. (for stocks he seems to use 4, 8, 16, 23, however for the Dow he seems to be using 3, 5, 13, 26).

So if a new high is made :
- the low from the previous 3rd tick is a bearish reversal,
- the low from the previous 5th tick is another bearish reversal,
- the low from the previous 13th tick is another bearish reversal,
- and the low from the previous 26th tick is another bearish reversal.
 
The same is true if a new low is made, in this case the previous nth high is used."