made the blue trendline from top to bottom 66degree and 41 bars.
90-66=24 degrees is the new trendline on the bottom with again 41 bars
66/24=2,75 degree
41bars*2,75degree=112,75
lets see what happens in 112,75 bars later
90-66=24 degrees is the new trendline on the bottom with again 41 bars
66/24=2,75 degree
41bars*2,75degree=112,75
lets see what happens in 112,75 bars later
Note
this is not really working. i m working on evolving this idea. will share later
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.