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Old 04-12-2008, 04:08 PM
gassah gassah is offline
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Re: Riding the Wyckoff Wave

As I read through the Buying and Selling Waves section of W's course I remembered how I wanted to do a better job of comparing waves (swings). Ray Barros also does this and uses it to guide him on whether or not swings or trends will continue or reverse.

Market Analyst makes it relatively easy. This chart shows the swings compared: the mean bar size and volume have dropped in the second swing. Barros likes to see a 30% change to call it significant. There's something called Swing Strength with a big decline. I don't know what it measures and I'm having trouble accessing their web site at the moment to find out.

Anyway, just an idea. I haven't played around with it much.
Attached Images
File Type: png Swing Comparisons.png (51.5 KB, 160 views)