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In Duffy's book "The Trading Advantage", he shows 2 geometrical
constructions for predicting future turning points in price.
Square and Angle Change in Trend Indicator:
Draw a trend line between 2 pivot lows and a horizontal line at the
intervening high. Where the lines cross in the future is a potential
pivot point for prices. Same with 2 pivot highs and an intervening low.
Dual Angle Change in Trend Indicator:
Draw 2 trend lines that are angled toward each other, at least one of
the trend lines must touch 3 pivot points (a triangle). Where the
lines cross in the future is a potential pivot point for prices.
Has anyone created an AFL for these indicators?
Is it even possible?
Bill
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