To
Tzupy,
MaxwellsDemon,
zimmah -thanks for the appreciation. I wish I was good it TA, but I've just started learning it.
To
cbeast - special thanks. The sign of real popularity is people parodying you
You made an analogy that TA is like math and physics. Math and physics make 100% accurate predictions. You imply that TA makes 100% accurate predictions. Please demonstrate your predictive science.
No such implications was made. The table is only about ways of processing raw data. The way we calculate MACD from price and histogram from MACD is similar to way we calculate speed from coordinates and acceleration from speed. The part of physics that deals with it is called
kinematics and, being pure descriptional one, makes no predictions. To make a prediction we have to introduce idea of
force. (Which would convert kinematics to
dynamics. Dynamics does make predictions. To make TA a predictional science we have to introduce idea of "
market forces". Which I didn't do, because it would be an analogy rather than science.
If you are describing objective data using science, then the data must be corroborated by multiple disciplines of science, else it is observational bias. And yes, in order to call it any science at all, you must be able to make some sorts of predictions. Otherwise, you have just another pseudoscience like astrology.